Ceragon soars after announcing 4G backhaul hardware orders

|About: Ceragon Networks Ltd. (CRNT)|By:, SA News Editor

Ceragon (CRNT +14.2%) has received orders for its FibeAir mobile backhaul hardware from unnamed "leading national operators in North America and India," for use in their 4G rollouts. Shares have jumped to levels last seen in late October. (PR)

Ceragon will "deploy hundreds of radio links" for the North American carrier, via its FibeAir IP-20A backhaul aggregation node. The India carrier will deploy Ceragon's IP-20N aggregation node and IP-20C backhaul transmission system.