Market Overview

Ceragon Announnces Orders for FibeAir IP-20C from PEG Bandwidth


Ceragon Networks (NASDAQ: CRNT) today announced that it has received initial orders from PEG Bandwidth for the FibeAir IP20-C, Ceragon's recently launched, new generation of multi-core, packet radio solutions. PEG Bandwidth, a leading provider of customized cell site backhaul networks for wireless carriers, selected Ceragon's FibeAir IP-20C to complement their extensive, 12-state fiber network because of its ability to deliver unmatched capacity throughout the backhaul network at a low total cost of ownership (TCO). The deployment will include dozens of FibeAir IP-20C links throughout the United States.

"The capacity needs of the U.S. marketplace are changing as 4G/LTE usage increases," said Christopher Pickard, Chief Technology Officer of PEG Bandwidth. "Ceragon's FibeAir IP-20C enables us to offer our customers a broad network of seamlessly integrated, high capacity backhaul solutions which can suit the growing needs of our carrier customers, and help us to retain our competitive edge."

"Receiving these first orders for FibeAir IP-20C just weeks after its launch is testament to the game-changing nature of the product," said Ira Palti, President and CEO of Ceragon Networks.  "In addition, having

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Posted-In: News Guidance Contracts Management Global


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