The global innovator and leading solutions provider for 5G wireless transport, Ceragon Networks Ltd. (NASDAQ: CRNT) has been awarded a multi-year managed services agreement by a leading network service provider in the US. The service provider focuses on delivering a comprehensive suite of connectivity services to enterprise customers leveraging its fiber optic network. As part of its growth plans, it recently expanded its offering to include wireless connectivity, broadening its portfolio of broadband access and cloud solutions. The service provider will utilize Ceragon’s managed services to improve the performance of its newly acquired wireless network, ensuring a smooth transition and optimal management, with a preventive maintenance approach for predictable OPEX.
Doron Arazi, CEO, Ceragon Networks, commented: “Ceragon is thrilled to operate and maintain this service provider’s wireless transport network. Our expertise and vast experience in designing, developing, deploying, managing, and supporting worldwide wireless transport networks make us the optimal wireless end-to-end integrator and managed services player. Multiple market research sources indicate that the telco-managed services market is expected to grow at an annual rate of more than 13% from 2021 to 2028. This is a growing market and presents a growth engine for the company as well as an opportunity to increase its recurring business portion. We look forward to enabling this service provider to deliver its business customers exceptional connectivity experiences, at the utmost availability and dependability.”
Ceragon’s managed services offering is part of its global end-to-end services portfolio and will include operations and maintenance of the service provider’s wireless transport network. Highly flexible and adaptable, Ceragon’s managed services leverage its AI-rich CeraMonitor and Netmaster software tools with Ceragon’s global Network Operating Center (NOC). These capabilities combined with Ceragon’s regional network of highly trained resources provide this service provider, as well as other worldwide customers, significant network efficiency and improved performance while increasing customer satisfaction.
