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Ceragon Networks Ltd., the provider of high-capacity, 4G/LTE-Ready wireless backhaul networks, has received new orders for its advanced FibeAir® platforms from a leading Indian operator. The company’s equipment will be deployed in a number of regions to facilitate the operator's network expansion.
"We are very happy to see that the regulatory process related to security considerations in India is in place and orders are beginning to be released by operators as they receive clearance from the Indian government," said Ira Palti, President and CEO of Ceragon. "We expect revenue from the current orders to be recognized during 2011, while continuing to target revenue growth in the range of 30 to 35 percent for 2010."
Ceragon is an important player in India's expanding wireless backhaul market. The company's advanced hybrid (IP/TDM) and all-IP solutions are used by most of India's leading mobile operators to provide vital, high quality and high-capacity connectivity.
With more than 110 million users added in the first half of 2010, India's mobile subscriber-base has grown to over 635 million. According to the Telecom Regulatory Authority of India (TRAI), more than 94 percent of telephony services in India are passed over wireless networks.
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