Ceragon Networks Limited has signed an agreement valued at approximately $150 million with a global integrator in support of a network modernisation project for a Tier-1 operator in India. As stipulated in the agreement, Ceragon will support a massive modernisation project focused on upgrading existing network capabilities, expanding capacity, improving country-wide connectivity, and delivering services that meet, and even exceed, India’s growing needs.
The agreement comprises planning, product delivery and deployment services, as well as a multi-year contract for Ceragon’s managed services that covers day-to-day monitoring, management, and maintenance oversite of the microwave and millimetre wave (mmWave) network.
The actual value of the agreement may vary by an increase or decrease of up to 25 per cent, depending upon the actual deployment requirements during project roll-out. Ceragon is expected to begin delivery and deployment of the new sites in Q2 of 2024. Deployment is expected to be completed within 7-9 quarters, with approximately 75 per cent of the project value expected to be recognised in this timeframe. The remaining 25 per cent of the contract value is for managed services and maintenance and is expected to start being recognised within a year from deployment, respectively.
Ceragon collaborated with a large global integrator that is overseeing the multi-billion network modernisation project for the Tier 1 operator. The integrator worked with Ceragon to ensure the microwave and mmW solution portion met the stringent requirements of the operator. All new microwave sites will utilise Ceragon’s new ultra-compact, energy-efficient all-outdoor radio. In addition, several thousand mmW sites will be deployed using Ceragon’s E band product.
Commenting on the agreement, Doron Arazi, chief executive officer, Ceragon, said, “The scale and scope of this project reaffirms Ceragon’s strong brand recognition as an innovative and trustworthy partner in the wireless transport space. We are excited to take part in providing the citizens of India with the future-friendly connectivity they need.”
