This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Ceragon Wins Multi-Million Dollar Contract From Navajo Tribal Utility Authority For Microwave Solutions And Turnkey Services

PARAMUS, New Jersey, May 22, 2012 /PRNewswire/ --

Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist, today announced that it has received orders of approximately $4 million to supply microwave backhaul solutions and turnkey services including installation, project management and commissioning to the Navajo Tribal Utility Authority (NTUA). The NTUA selected Ceragon's FibeAir® IP-10G to power the Navajo Nation's wireless backhaul network. The systems are part of an over 530 mile network which is made up of microwave towers and fiber optics.  

NTUA's project is a result of a federal grant award from the National Telecommunications Infrastructure Administration to NTUA in 2010 to establish broadband connectivity within the Navajo Nation. The contract to Ceragon is partially funded by the federal grant and is meant to ensure that broadband Internet access and adoption is expanded to all areas across America, bridging the "digital divide."  Expanded Internet access will help improve connectivity conditions for the residents of the Navajo Nation.  The increased connectivity is expected to spur job creation and improvements to education, healthcare and public safety resources.  In a May 4, 2012 report by Recon Analytics, wireless communications is portrayed as "the essential engine of U.S. economic growth…by value, jobs, or productivity."

"With the installation of the network, more than 15,000 miles of the 27,000 square miles of the Navajo Nation will be served.  The selection of Ceragon is expected to enable NTUA to quickly provide needed broadband connectivity throughout the majority of the Navajo Nation," said Lester Lee, Telecommunications Manager for NTUA.

"Broadband access is a fundamental foundation for participating in the modern economy," said Ira Palti, Ceragon's President and CEO. "In today's economic climate, utilities such as the NTUA depend upon fast network set-up and fast time-to-market in order to deliver cost-effective wireless services to users in rural North America who have limited or even no broadband access. Operators worldwide depend on us for reliable broadband networks, whether in densely or sparsely populated areas.  They turn to us because of a reputation we've earned based on years of experience in deploying wireless networks all over the world."  

About Navajo Tribal Utility Authority

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,719.92 -78.57 -0.44%
S&P 500 2,080.41 -9.70 -0.46%
NASDAQ 5,108.6660 -18.8590 -0.37%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs