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
TheStreet Open House

Ceragon Receives Follow-on Orders From Telefónica

PARAMUS, New Jersey, March 12, 2013 /PRNewswire/ --

Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist, today announced that it has received follow on orders from Telefónica. With new orders for network upgrading in Mexico, Ceragon now provides high-capacity wireless backhaul solutions to Telefonica in four markets throughout Latin America.

The Telefónica Group, a global Tier-1 telecommunications company and one of the world's leading integrated operators, offers communication, information and entertainment solutions in 25 countries, servicing more than 300 million subscribers.  

"We are very happy to expand our relations with Telefónica, one the top five global telecom operators," said Ira Palti, Ceragon's President and CEO. "As more and more consumers use tablets and mobile phones to access the internet wirelessly, forward looking operators like Telefonica are preparing their networks to support high-speed 4G/LTE services. That we have penetrated into an additional Telefonica market is further proof of our ability to provide the most advanced solutions and reliably serve operators in large-scale deployments."

Ceragon solutions offer a great fit for 4G/LTE backhaul. Supporting high voice and data capacities, these solutions are designed to enable simpler roll-outs and network upgrades. Ceragon's experience and expertise in bringing high-quality networks into service quickly allow for minimum time-to-revenue and faster ROI. Ceragon's field-proven, carrier-grade FibeAir IP-10 family offers wireless transport capacity optimized for all-IP mobile internet and broadband services. Ceragon's solutions enable simplified network provisioning and monitoring while reducing total cost of ownership (TCO), thereby enabling it to meet today's stringent service level agreements (SLAs).

About the Telefónica Group

Telefónica is one of the largest telecommunications companies in the world in terms of market capitalization. Its activities are centered mainly on the fixed and mobile telecommunications businesses with broadband as the key tool for the development of both. The company has a customer base of more than 300 million customers around the world. Telefónica has a strong presence in Europe and Latin America, where the company focuses an important part of its growth strategy. Telefónica is a 100% listed company, with more than 1.5 million direct shareholders. Its shares are traded on the London, New York, Lima, Buenos Aires, Madrid and São Paulo stock exchanges. Telefónica Multinational Solutions delivers integrated Fixed, Mobile and IT services to some of the world's top Multinationals. More information about Telefónica Multinational Solutions is available at: http://www.multinationalsolutions.telefonica.com. Telefonica International Wholesale Services provides global telecommunication services for fixed and mobile carriers, ISPs and content providers. Its integrated and competitive portfolio includes international voice, IP, capacity, satellite services, international services for corporations, mobility services and platform services. More information about Telefonica International Wholesale Services is available at: http://www.carrierservices.telefonica.com/en/index.html

About Ceragon Networks Ltd.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

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.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,172.68 -107.06 -0.62%
S&P 500 1,994.29 -16.11 -0.80%
NASDAQ 4,527.6890 -52.10 -1.14%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs