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Ceragon Networks (CRNT) Signs Microwave System Supply Agreement with TELE2, Russia

October 6, 2010 7:11 AM EDT
CRNT Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

EPS Growth %: -400.0%
Ceragon Networks (Nasdaq: CRNT) signs multi-year agreement with TELE2, Russia, for microwave systems. Shipments have already commenced.

"Ceragon's microwave solutions provide TELE2 with a highly reliable, cost-efficient backhauling solution," said Ritvars Krievs, CTO of TELE2 Russia. "The unique features of the FibeAir IP-10 help minimize network costs in selected areas while maintaining the high-quality services TELE2 customers expect."


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