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Technology Stocks : CRNT: Ceragon Networks Ltd.
CRNT 2.600-6.8%Oct 31 3:59 PM EST

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From: JakeStraw6/14/2010 12:57:14 PM
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Philippines' Fastest Growing Mobile Network Provider Once Again Taps Ceragon for 2G/3G Backhaul Expansion
finance.yahoo.com

PARAMUS, New Jersey, June 14, 2010 /PRNewswire-FirstCall/ -- Ceragon Networks (NASDAQ:CRNT) the provider of high-capacity, 4G/LTE-Ready wireless backhaul solutions, announced that Digitel Mobile Philippines will invest an additional $9 million in Ceragon's mobile backhaul network equipment in an ongoing expansion of Digitel's 2G/3G cellular services. Digitel, which operates under the brand name of Sun Cellular, is the fastest growing mobile telecommunications provider in the Republic of the Philippines, estimated to be the world's 12th most populous country with over 92 million citizens.

The newest Digitel order represents just one of numerous follow-on orders for Ceragon, a longtime provider of high-capacity wireless backhaul solutions to Digitel. The latest order puts more Ceragon gear behind a pair of expansion and upgrade projects for Digitel's 2G/3G metro network. The operator's Manila-Cebu Alternative Backbone project will now deliver 3G services to the southern part of the country employing native IP over long-haul microwave technology, while its North Luzon Backbone Expansion project will bring additional 2G service capacity to the north.
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