Key Developments For Ceragon Networks Ltd
Ceragon Networks Ltd (CRNT.O) (Consolidated Issue listed on NASDAQ Global Market)
Ceragon Networks Ltd. Issues Q4 2009 Revenue Outlook Above Analysts' Estimates-Conference Call
Ceragon Networks Ltd. announced that for the fourth quarter of 2009, it expects revenue to be $48-$52 million. According to Reuters Estimates, analysts on an average were expecting the Company to report revenue of $47 million for the same period.
Ceragon Networks Ltd. Comments On FY 2010 Revenue Outlook
Ceragon Networks Ltd. announced that, based on strong bookings in the third quarter of 2009, it expects revenue growth to continue into fiscal 2010, driven by ongoing demand for high capacity backhaul for cellular networks, particularly in the Asia Pacific region. According to Reuters Estimates, analysts on an average are expecting the Company to report revenue of $211 million for fiscal 2010.
Ceragon Networks Ltd. To Collaborate With Alvarion Ltd. For Open Range Communications' 4G Network Deployment
Ceragon Networks Ltd. announced that it will partner with Alvarion Ltd.,as wireless backhaul equipment provider to deploy a network for Open Range Communications. The new network is planned to be the largest Rural Utilities Service (RUS) funded deployment in the United States, spanning 17 states, 546 rural communities, and reaching up to 6 million people.
Ceragon Networks Ltd. Issues Q3 2009 Revenue Outlook In Line With Analysts' Estimates; Comments On H2 2009 Revenue Outlook-Conference Call
Ceragon Networks Ltd. announced that for the third quarter of 2009 it expects revenue to be in the range of $42 to $46 million. The Company expects gradual improvement in revenue during the second half of 2009. According to Reuters Estimates, analysts on an average are expecting the Company to report revenue of $45 million for the third quarter of 2009 and $48 million for the fourth quarter of 2009.
Hutchison 3 Group Selects Ceragon Networks Ltd. For Mobile Network Migration To IP
Ceragon Networks Ltd. announced that it has signed a multi-year global supply agreement with the Hutchison 3 Group, a global player in the 3G telecommunications arena. Under the Global Supply Agreement, Ceragon will provide Hutchison with its high capacity Ethernet solutions including the edge FibeAir IP-10 platform, in support of the Hutchison's network migration plans from TDM to IP. The move will enable Hutchison to enhance network capacity quickly and cost effectively, allowing it to successfully meet the growing demand for data and multimedia services across its multi-national mobile networks.
