Ceragon books $120M in India orders year-to-date
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Ceragon Networks (NASDAQ: CRNT) announced it has received approximately $120 million in orders year-to-date from mobile operators in India, up from the approximately $86 million the company reported in May.
According to a press release, the orders come from two of India's leading mobile operators and include Ceragon's IP-50EXA and IP-50CX microwave and millimeter wave wireless transport platforms. The bookings support the expansion and modernization of 4G and 5G transport networks, including Fixed Wireless Access deployments.
"We are very pleased with the continued momentum we are seeing in India, with approximately $120 million in bookings achieved in just over six months," said Doron Arazi, Chief Executive Officer of Ceragon. "The sustained pace of follow-on orders reflects the confidence our customers place in Ceragon's technology and our ability to execute at scale."
The company said the year-to-date bookings improve its revenue visibility into 2026. Ceragon is headquartered in Rosh Ha'Ain, Israel.
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