AFRICACOM, CAPE TOWN, South Africa, November 13, 2012 /PRNewswire/ --
Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist, today announced follow-on orders of more than $6.5 million USD with Mozambique Cellular (mcel) to expand the carrier's microwave network, first established in 2010. Ceragon is extending mcel's backbone network, based on Ceragon technology, from Beira in central Mozambique to Nampula in the north of the country, as well as upgrading access links nationwide, providing the only broadband connection available for millions of Mozambicans.
The network expansion will bring improved capacity, and advanced services delivery to millions of mcel users. The high capacity solutions, which are based on Ceragon's Evolution IP Long Haul and FibeAir IP-10, enable mcel to provide improved redundancy, increase network capacity, and improve their subscribers' quality of experience (QoE).
Ceragon will be showcasing the solutions deployed by mcel along with a range of its other high capacity solutions at AfricaCom, booth # F07.mcel is Mozambique's leading mobile operator with over 4.5 million customers. According to a recent industry report, Mozambique is one of the world's fastest and most consistently growing economies, and is one of the highest growth potential telecom markets in Africa. "Over the past two years Ceragon's backbone network has successfully served the requirements of our market throughout Mozambique," said Mohamed Mussa, Technical Director of mcel. "As a result of our expanding customer base and its increasing dependency on mobile, we looked for a way to expand our network again. We knew that with Ceragon we could meet today's demand and prepare for the future as 4G/LTE becomes more widely available." "Mozambique Cellular brings connectivity for millions of people throughout the country - an essential component of prosperity in today's global market, whether it is in Paris, NYC or Nampula," said Ira Palti, President and CEO of Ceragon. "We're honored to partner again with mcel to provide the country with next generation wireless backhaul solutions and we look forward to a long and successful relationship." About Ceragon Networks Ltd.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV