CRNT - Ceragon nabs follow-on orders of $29M from Indian Tier 1 operators
2023-03-28 07:19:20 ET
- Ceragon Networks ( NASDAQ: CRNT ) announced that since the beginning of 2023 it has received follow-on orders of $29M from Tier 1 Operators in India for deployment in 2023.
- The orders include both hardware and services focused on upgrading existing network capabilities to 5G, expanding capacity, improving rural connectivity, and providing customers with reliable uninterrupted high-speed experiences.
- Delivery and deployment of Ceragon's products and services are expected primarily in Q2 and Q3, 2023.
- Shares trading 4.4% higher premarket.
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Ceragon nabs follow-on orders of $29M from Indian Tier 1 operators