Welcome to our dedicated page for Ceragon Networks news (Ticker: CRNT), a resource for investors and traders seeking the latest updates and insights on Ceragon Networks stock.
Ceragon Networks Ltd (NASDAQ: CRNT) is portrayed in its public communications as a global innovator and solutions provider of end-to-end wireless connectivity, with a focus on transport, access, and AI-powered managed and professional services. The Ceragon news flow reflects this positioning, with regular updates on financial performance, technology developments, managed services contracts, and participation in industry and investor events.
News about Ceragon often includes quarterly and interim financial results, furnished to the U.S. Securities and Exchange Commission on Form 6-K. These releases discuss revenues, geographic revenue mix, operating income, cash flow, and management’s commentary on business conditions and visibility across regions such as North America and India. Investors following CRNT news can use these updates to understand how Ceragon’s wireless connectivity business is evolving over time.
Ceragon’s news also highlights business wins and project updates, such as managed services contracts with mobile operators and private network modernization projects for utilities in EMEA. These announcements describe how Ceragon’s high-capacity wireless solutions, high power radios, and AI-powered services are applied in real-world deployments, including multi-vendor network environments and nationwide backbone networks.
Another recurring theme in Ceragon’s news is technology innovation. Press releases describe proof-of-concept E-band deployments with Tier-1 operators and ISPs, demonstrations of next-generation products and solutions at events like India Mobile Congress, and the use of tools such as Ceragon Network Digital Twin and Ceragon Insight for AI-optimized networks. These items provide insight into the company’s technical focus areas and how its solutions are used for 5G and 4G broadband wireless connectivity, smart cities, fixed wireless access, and mission-critical services.
In addition, Ceragon issues news about investor conference participation and scheduled earnings calls, giving shareholders and analysts information on upcoming presentations and webcasts. For anyone tracking CRNT, the news stream offers a consolidated view of financial disclosures, customer engagements, product showcases, and strategic commentary from management.
Ceragon Networks Ltd. (NASDAQ: CRNT) announced the departure of its Chief Financial Officer, Ran Vered, effective May 2022, as he seeks opportunities outside the telecom sector. Vered is credited with enhancing Ceragon's financial foundation during challenging times. The company is actively searching for his successor, with Doron Arazi, the CEO, stepping in as interim CFO if needed. Ceragon continues to focus on expanding its 5G technology portfolio while maintaining operational efficiency in delivering wireless transport solutions.
Ceragon Networks Ltd. (NASDAQ: CRNT) has secured a significant contract with a Tier 1 Operator in India, receiving initial orders worth $15 million for its 5G wireless transport solutions. This collaboration is aimed at modernizing the operator's network in preparation for 5G, including conducting field trials with Open RAN technology. The project underscores Ceragon's growing market presence and its capability to adapt to customer needs despite supply chain challenges. Deliveries are expected in Q2 and Q3 2022, showcasing Ceragon's robust technological offerings during a competitive market phase.
Ceragon Networks Ltd. (NASDAQ: CRNT) announced a multi-million dollar managed services contract with a major global energy company to provide high bandwidth microwave connectivity for offshore oil production in West Africa. The three-year agreement emphasizes Ceragon's 'connectivity as a service' model, showcasing its expertise in delivering reliable, low-latency solutions in challenging environments. The deployment will utilize Ceragon's PointLink platform to ensure operational reliability and support for the customer's digital transformation initiatives.
Ceragon Networks Ltd. (NASDAQ: CRNT) reported Q4 2021 revenues of $77.8 million, a 5.1% increase from Q4 2020, and full-year revenues of $290.8 million, a 10.6% rise from 2020. Despite an operating income of $1.0 million for Q4 on a GAAP basis, the net loss for the quarter was $12.2 million, or $(0.15) per diluted share. The company highlighted strong bookings, especially in North America and Europe, with 5G-related bookings comprising a significant portion. For 2022, Ceragon anticipates revenue of $305-$320 million, contingent on resolving supply chain issues.
Ceragon Networks (NASDAQ: CRNT) has announced the general availability of its IP-50FX Disaggregated Cell Site Gateway (DCSG) solution, integrating a cell site router with a radio indoor unit. Awarded the Requirements Compliant ribbon by the Telecom Infra Project, the IP-50FX aims to provide mobile operators with a flexible and cost-effective solution for 5G networking. Ceragon's CEO highlighted the growth potential in this new domain, emphasizing the solution's ability to enhance operational efficiency and respond to rising capacity demands.
Ceragon Networks Ltd. (NASDAQ: CRNT) announced a multimillion-dollar agreement with Globacom, Nigeria's second-largest telecom operator, to enhance network capacity and service delivery. The project, initiated in Q4 2021, will utilize Ceragon's IP-50 E-Band solution for metro backhauling, providing speeds up to 20Gbps. This partnership aims to bolster Globacom's capabilities for upcoming 5G services and address fiber cut issues, allowing for quicker deployment and reduced capital expenditure. Completion is set for mid-2022, enhancing connectivity in a competitive market.
Ceragon Networks Ltd. (NASDAQ-GS: CRNT) announced a multimillion-dollar deal with Globacom, Nigeria's second largest telecom operator, on January 31, 2022. The partnership aims to enhance Globacom's network capacity and service delivery, supporting its goal of establishing Africa's leading telecommunications infrastructure. The project includes deploying Ceragon's IP-50 E-Band solution to solve fiber cut challenges and aims for completion in the first half of 2022. This collaboration positions both companies favorably in the competitive market as they prepare for the rollout of 5G services in Nigeria.
Ceragon Networks Ltd. (NASDAQ: CRNT) announced it will release its fourth quarter and full year 2021 earnings results on February 7, 2022, before market opening. A web conference will take place at 9:00 AM ET the same day, accompanied by a Q&A session for investors. Ceragon, a leader in 5G wireless transport, provides solutions to enhance operational efficiency for over 400 service providers globally. The company emphasizes its commitment to delivering reliable 5G and 4G connectivity.
Ceragon Networks Ltd (NASDAQ: CRNT) and IP Infusion announced a strategic partnership on December 7, 2021, aimed at delivering innovative solutions for the $4 billion wireless transport and $2 billion cell-site routing markets. The collaboration introduces a new family of open disaggregated wireless transport solutions through Ceragon's IP-50FX platform, utilizing IP Infusion's customized OcNOS network operating system. This partnership is expected to enhance operational efficiency for operators and accelerate the introduction of advanced technologies in the 5G landscape.
Ceragon Networks Ltd. (NASDAQ: CRNT) announced that RAI WAY S.p.A., Italy's national TV and radio network provider, has selected Ceragon for a $2.1 million contract to deploy and maintain its wireless transport network. Ceragon will provide a full turnkey solution, including its IP-20 microwave platform and comprehensive services from design to maintenance. This partnership aims to enhance RAI WAY's offerings to local broadcasters and support the rollout of a new TV broadcasting standard (DVB-T2/HEVC). The selection highlights Ceragon's experience and flexibility in managing complex installations.
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