Brief: Ceragon Signs An Agreement With A Global Integrator Valued At About $150 Mln

Ceragon Networks

11/01/2024 11:11

Jan 11 (Reuters) - Ceragon Networks Ltd  CRNT.O :
    * CERAGON SIGNS AN AGREEMENT WITH A GLOBAL INTEGRATOR VALUED
AT
APPROXIMATELY $150 MILLION TO MODERNIZE A TIER 1 OPERATOR
NETWORK IN INDIA
    * CERAGON NETWORKS LTD - SIGNED AGREEMENT WITH A GLOBAL
INTEGRATOR, IN SUPPORT OF A NETWORK MODERNIZATION PROJECT FOR A
TIER 1 OPERATOR IN INDIA
    * CERAGON NETWORKS LTD - AGREEMENT IS VALUED AT
APPROXIMATELY $150
MILLION
    * CERAGON NETWORKS LTD - CERAGON IS EXPECTED TO BEGIN
DELIVERY AND
DEPLOYMENT OF NEW SITES IN Q2 OF 2024
    * CERAGON NETWORKS- DEPLOYMENT EXPECTED TO COMPLETE WITHIN
7-9
QUARTERS, WITH ABOUT 75% OF PROJECT VALUE EXPECTED TO BE
RECOGNIZED IN THIS TIMEFRAME
    * CERAGON NETWORKS LTD -  AGREEMENT COMPRISES MULTI-YEAR
CONTRACT
FOR CO'S MANAGED SERVICES
    * CERAGON NETWORKS LTD - AGREEMENT COMPRISES PLANNING,
PRODUCT
DELIVERY AND DEPLOYMENT SERVICES

Source text for Eikon:  ID:nPn2lGbS9a 
Further company coverage:  CRNT.O 

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