CERAGON NETWORKS EXPANDS FOOTPRINT IN AFRICA.Ceragon Networks Ltd. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on and TASE TASE Tel Aviv Stock Exchange TASE The All Seeing Eye TASE Tactical Air Support Element TASE Thrust Assessment Support Environment TASE Telecontrol Application Service Elements (IEC communications protocol) : CRNT CRNT Current ), a leading provider of high-capacity wireless backhaul solutions, announced that it is expanding its footprint in Africa by opening two new local offices and a new, $1.5 million dollar order for its high-capacity trunk solutions, FibeAir 3200 to be deployed in Africa by a leading international carrier. Ceragon strengthens its position in Africa's two major mobile markets by opening an office in Lagos, Nigeria and another in Johannesburg, South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. . With local Ceragon employees on the ground, the new offices will serve Ceragon's expanding list of customers and partners throughout western and southern Africa
prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. industry research group Wireless Federation, with over 44 million subscribers as of September 2008. Nigerian mobile operators are expected to reach more than 70 million subscribers by 2010. Furthermore, South Africa boasts 43 million users to date, said the Wireless Federation report. Despite an extremely high penetration rate, South Africa's mobile market continues to demonstrate an annual growth rate of over 10%. "As one of the leading players in the high-capacity mobile backhaul market, we believe that we should have physical presence in two of the fastest developing mobile countries in the world," said Ira Palti, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Ceragon Networks. "As Africa is a project-oriented region, having local representation allows us to join forces with local partners throughout southern and western Africa. This way we can offer our existing and newest customers, complete turnkey projects with excellent control and close follow-up." Ceragon has a long and proven track record in Africa. Along with today's new customer contract with an International mobile operator in Africa, Ceragon announced in September 2008 the selection of its FibeAir(R) solutions by a leading national carrier in Eastern Africa. Other African customers for Ceragon's high-capacity wireless backhaul solutions include: Botswana Telecom, Milicom Tanzania, Neotel, and others. 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 In communications, a network made up of equipment from multiple vendors. that combine circuit-switched and IP-based networks. Ceragon's solutions support all wireless access technologies, including GSM, CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. , EV-DO (EVolution-Data Only) A 3G high-speed digital data service provided by cellular carriers worldwide that use the CDMA technology, including Verizon and Sprint in the U.S. EV-DO works on EV-DO cellphones as well as laptops and portable devices that have EV-DO modems. 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. For more information, visit http://www.ceragon.com. |
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