Large Southeast Asian Mobile Operator Expands Its 4G Network to Boost Its Market Share With Ceragon's IP-20 Platform
Ceragon Networks Ltd. - Ordinary Shares (CRNT)
Last ceragon networks ltd. - ordinary shares earnings: 2/10 07:00 am
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Source: PR Newswire
LITTLE FALLS, New Jersey, Oct. 23, 2019 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist, announced today that a large mobile operator in Southeast Asia has placed additional follow-on orders for its IP-20 Platform products and services in 2019 totaling over $20 million through the end of Q3 for its fast 4G nationwide network expansion project. Fully aligned with the operator's commitment to offer free data plans to its customers, the Ceragon solution has already facilitated fast network rollouts, supporting 200% data traffic growth since the beginning of 2019.This ongoing investment is in support of the operator's aggressive strategy to increase its market share and revenues by offering customers free voice calls over LTE (VoLTE). The expected increase in subscribers requires the operator to quickly ramp up its network capacity to support more data traffic. In order to increase its operational efficiency, the operator - a veteran Ceragon custo
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CRNT
Sec Filings
- 4/24/24 - Form 6-K
- 4/18/24 - Form 6-K
- 3/29/24 - Form S-8
- CRNT's page on the SEC website