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Ceragon and Tata Sign Long-Term Supply Agreement for Microwave Backhaul Equipment
First order from Tata, one of India’s leading mobile operators includes Ceragon’s advanced FibeAir IP-10 solution
TEL AVIV, Israel, November 3, 2008 – Ceragon Networks Ltd. (NASDAQ and TASE: CRNT), a leading provider of high-capacity wireless backhaul solutions, today announced that it has signed a long-term equipment supply agreement with Tata Teleservices Limited a leading global communications provider and one of India’s leading mobile operators. Ceragon will provide Tata with its leading edge FibeAir® solutions, including the FibeAir IP-10 system. Ceragon will additionally provide Tata with installation services.
Ceragon’s market-leading solutions will enable Tata to deliver both Ethernet and TDM traffic over their high capacity wireless networks. As part of this new deployment, Tata will utilize Ceragon’s most advanced solution, the FibeAir IP-10 - a unique migration-ready system that supports native TDM, Native2 hybrid TDM/Ethernet and native Ethernet over a single platform. Taking advantage of Ceragon’s pay-as-you-grow concept Tata will be able upgrade its wireless backhaul capacity in the future and reach up to 500Mbps per radio channel.
“We have selected Ceragon’s microwave solutions to provide high-capacity backhaul for our CDMA network. Once the solution is deployed, Tata Teleservices will be able to offer a wide range of data and multimedia applications on top of its voice centric package,” said Mr. A. G Rao, Chief Technology Officer, Tata Teleservices Limited. “As we advance towards Next Generation Network and 3G services, wireless solutions from Ceragon will provide flexible and scalable answers for cost effective, future-proof high-capacity backhaul connectivity. Our long term agreement with Ceragon will enable us to roll out robust networks, and ensure our valued customers the best quality service today and for years to come.”
Tata Teleservices has over 29 million customers in more than 6600 towns across India and has a pan-India presence spread across 19 of the nation’s 22 cellular service circles. Having pioneered the CDMA 2000 1x technology in India, Tata Teleservices has established a robust, 3G ready telecom infrastructure that ensures the delivery of high-end quality services. The company also holds a leading position in India’s fixed-wireless telephony market.
“This agreement marks another success for Ceragon in the rapidly growing Asian market, and is a vote of confidence in both our existing and next generation solutions portfolio,” said Ira Palti, Ceragon's President and CEO. “We are extremely proud to have been selected by Tata and look forward to a long working relation with this leading operator.”
About Tata Teleservices Limited
Tata Teleservices is one of India's leading private telecom service providers. The company offers integrated telecom solutions to its customers under the Tata Indicom brand, and uses the latest CDMA1X technology for its wireless network. Tata Teleservices along with Tata Teleservices (Maharashtra) Limited operates in more than 6600 towns across 19 circles i.e. Andhra Pradesh, Gujarat, Karnataka, New Delhi, Maharashtra, Mumbai, Tamil Nadu, Orissa, Bihar, Rajasthan, Punjab, Haryana, Himachal Pradesh, Uttar Pradesh (E), Uttar Pradesh (W), Kolkata, Kerala, Madhya Pradesh and RoWB. Tata Indicom brand has a customer base of over 29 million.
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ and TASE: CRNT) is a leading provider of high capacity wireless backhaul solutions that enable wireless service providers to deliver voice and premium data services, such as Internet browsing, music and video applications. Ceragon’s wireless backhaul solutions use microwave technology to transfer large amounts of network traffic between base stations and the infrastructure at the core of the mobile network. Ceragon designs solutions to provide fiber-like connectivity for circuit-switched, or SONET/SDH, networks, next generation Ethernet/Internet Protocol, or IP-based, networks, and hybrid networks that combine circuit-switched and IP-based networks. Ceragon’s solutions support all wireless access technologies, including GSM, CDMA, EV-DO and WiMAX. These solutions address wireless service providers’ need to cost-effectively build-out and scale their infrastructure to meet the increasing demands placed on their networks by growing numbers of subscribers and the increasing demand for premium data services. Ceragon also provides its solutions to businesses and public institutions that operate their own private communications networks. Ceragon’s solutions are deployed by more than 150 service providers of all sizes, as well as in hundreds of private networks, in nearly 100 countries. More information is available at www.ceragon.com
Ceragon Networks®, CeraView®, FibeAir® and the FibeAir® design mark are registered trademarks of Ceragon Networks Ltd., and Ceragon™, PolyView™, ConfigAir™, CeraMon™, EtherAir™, QuickAir™, QuickAir Partner Program™, QuickAir Partner Certification Program™, QuickAir Partner Zone™, EncryptAir™ and Microwave Fiber™ are trademarks of Ceragon Networks Ltd.
This press release may contain statements concerning Ceragon’s future prospects that are “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and projections that involve a number of risks and uncertainties. There can be no assurance that future results will be achieved, and actual results could differ materially from forecasts and estimates. These are important factors that could cause actual results to differ materially from forecasts and estimates. These risks and uncertainties, as well as others, are discussed in greater detail in Ceragon’s Annual Report on Form 20-F and Ceragon’s other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date on which they are made and Ceragon undertakes no commitment to revise or update any forward-looking statement in order to reflect events or circumstances after the date any such statement is made.