Ceragon lands $13M+ deal with South American carrier

• A "tier-1 mobile operator in the Southern Cone of South America" is deploying Ceragon's (NASDAQ:CRNT) IP-20 RF backhaul systems ahead of a nationwide 4G launch. The carrier, an existing Ceragon client, will use the IP-20 to make its 3G backhaul networks 4G-ready.
• For reference, Ceragon had Q1 revenue off $93.7M. A $4M IP-20 deal with an African carrier was announced in March.