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November 27, 2012
05:33 EDTCRNTCeragon receives major wireless network deals totaling $28M
Ceragon Networks announced that it is continuing to expand its footprint in Africa with long-term equipment and services orders from two large customers in sub-Saharan Africa. Totaling $28M, both orders are from existing customers who have already successfully deployed large scale high-capacity wireless backhaul networks throughout the sub-region, based on Ceragon's Evolution and FibeAir solutions. An order of $15M was received for the expansion of a mobile operator's high-capacity network within this rapidly growing mobile market. The other order of $13M was received from an existing mobile customer for Ceragon's short haul and long haul solutions as well as professional services. Both projects are now under way and are expected to be completed over the next 18 months.
News For CRNT From The Last 14 Days
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May 6, 2015
09:23 EDTCRNTCeragon Networks says too early to say long-term gross margin to go above 30%
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09:19 EDTCRNTCeragon Networks sees Q2 revenue $90M-$100M, consensus $96.16M
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09:15 EDTCRNTCeragon Networks on track to exit 2015 with non-GAAP gross margin of 27% or more
09:11 EDTCRNTCeragon says no significant changes in demand, with market very competitive
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08:16 EDTCRNTCeragon Networks reports Q1 non-GAAP EPS (2c), consensus (5c)
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