LITTLE FALLS, New Jersey,
February 22, 2018 /PRNewswire/ --
Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul
specialist, today announced its Advanced Space Diversity capability
- yet another tool that leverages its IP-20 Platform's unique
multicore technology. This new feature will enable mobile operators
to reduce site acquisition costs, accelerate network rollout, and
reduce capital and operational expenditures by using fewer and
smaller antennas. Ceragon will showcase its new Advanced Space
Diversity capability next week at Mobile World Congress 2018 in
Barcelona, Spain booth 5G61.
Site acquisition is one of the most difficult challenges mobile
operators face on the road to 5G. Network expansion and
densification challenges have an impact on services availability in
key markets. Advanced Space Diversity accelerates network rollout
and cuts site acquisition costs by up to 30% by reducing the number
and size of antennas required for links deployed over water or
large distances.
"Advanced Space Diversity is yet another tool that is based on
our IP-20 Platform's unique multicore technology," said
Ira Palti, president and CEO of
Ceragon. "This new capability has already been successfully tested
by numerous mobile operators worldwide. Designed for every
deployment scenario, this new capability is sure to help mobile
operators accelerate advanced 4G service rollout by resolving their
capacity and network densification challenges on the road to
5G."
Ceragon's unique multicore technology continues to fuel mobile
operators with new tools to resolve wireless backhaul rollout
challenges, helping them increase operational efficiency and grow
customer base. Some of the unique multicore capabilities include
the ability to:
- Deploy macro cells and small cells exactly where needed,
without backhaul constraints, in any deployment scenario, by
doubling the reuse of microwave spectrum channels.
- Meet Gigabit LTE and 5G capacity requirements by
overcoming microwave spectrum congestion.
- Cut down energy related expenses by saving up to 50% on
energy costs associated with the wireless backhaul network.
Ceragon's multicore technology simplifies and expedites 4.5G and
5G wireless backhaul deployments and is available exclusively with
the IP-20 Platform.
About Ceragon Networks Ltd.
Ceragon Networks Ltd. (NASDAQ: CRNT) is the #1 wireless backhaul
specialist. We help operators and other service providers worldwide
increase operational efficiency and enhance end customers' quality
of experience with innovative wireless backhaul solutions. Our
customers include wireless service providers, public safety
organizations, government agencies and utility companies, which use
our solutions to deliver 4G, mission-critical multimedia services
and other applications at high reliability and speed. Ceragon's
unique multicore technology provides highly reliable, high-capacity
4G wireless backhaul with minimal use of spectrum, power and other
resources. It enables increased productivity, as well as simple and
quick network modernization. We deliver a range of professional
services that ensure efficient network rollout and optimization to
achieve the highest value for our customers. Our solutions are
deployed by more than 460 service providers, as well as hundreds of
private network owners, in more than 130 countries.
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Safe Harbor
Ceragon Networks® and FibeAir® are registered trademarks of
Ceragon Networks Ltd. in the United
States and other countries. CERAGON ® is a trademark
of Ceragon Networks Ltd., registered in various countries. Other
names mentioned are owned by their respective
holders.
This press release contains statements concerning
Ceragon's future prospects that are "forward-looking statements" as
defined in the Private Securities Litigation Reform Act of
1995. Such forward-looking statements are based on the
current beliefs, expectations and assumptions of Ceragon's
management. Examples of forward-looking statements include:
projections of revenues, net income, gross margin, capital
expenditures and liquidity, competitive pressures, growth
prospects, product development, financial resources, cost savings
and other financial matters. You may identify these and other
forward-looking statements by the use of words such as "may",
"plans", "anticipates", "believes", "estimates", "targets",
"expects", "intends", "potential" or the negative of such terms, or
other comparable terminology. These forward-looking
statements are subject to risks and uncertainties that may cause
actual results to differ materially, including risks associated
with a decline in revenues due to our focus on a single
market segment; risks relating to the concentration of Ceragon's
business in certain geographic regions such as India, Latin
America and in developing nations and the political,
economic and regulatory risks from doing business in those regions,
including potential currency restrictions; risks associated with a
change in Ceragon's gross margin as a result of
changes in the geographic mix of revenues; risks associated with
the loss of a single customer or customer group, which represents a
significant portion of Ceragon's revenues; risks
associated with Ceragon's failure to effectively
compete with other wireless equipment providers; and other risks
and uncertainties detailed from time to time in Ceragon's Annual
Report on Form 20-F and Ceragon's other filings with the Securities
and Exchange Commission that represent our views only as of the
date they are made and should not be relied upon as representing
our views as of any subsequent date. We do not assume any
obligation to update any forward-looking statements.
Media Contact:
Tanya Solomon
Ceragon Networks
Tel: +972-3-543-1163
tanyas@ceragon.com
Investor Contact:
Claudia Gatlin
Tel. +1-212-830-9080
claudiag@ceragon.com
SOURCE Ceragon Networks Ltd.