CRNT - Tier 1 Operator selects Ceragon to expands its network to achieve national coverage

Tier 1 Operator in the Pacific Rim has placed a significant follow-on frame agreement with Ceragon (CRNT) for flexible wireless hauling solutions to transform its network towards 5G.CRNT will help the operator expand its urban network coverage, reliability, and speeds, and extend its network to rural countryside to achieve nationwide coverage.This frame agreement is valued at up to $23M throughout 2021 and 2022.Shares +5% premarket.Previously (March 9): Ceragon enters agreement with Colombian Tier-1 operator

For further details see:

Tier 1 Operator selects Ceragon to expands its network to achieve national coverage