High-capacity broadband wireless systems provider Ceragon Networks Ltd. (Nasdaq: CRNT; TASE:CRNT) today announced that it signed an original equipment manufacturer (OEM) agreement with mobile communications leader Nokia.
Under the agreement, Nokia will include Ceragon's high-capacity FibeAir family with its microwave radio product portfolio to provide complete cellular transmission networking solutions. The product will be branded Nokia PowerHopper Vario.
Nokia has for several years integrated Ceragon's SDH radio products into its global transmission solutions.
Ceragon Networks president and CEO Ira Palti said, "Nokia's decision to strengthen its relationship with Ceragon reflects the rising demand for high-capacity radio solutions. This agreement with Nokia is a significant step towards globally promoting our state-of-the-art FibeAir family of products."
Nokia Networks general manager of cellular transmission Risto Valtonen said, "This agreement will enhance our full system capabilities by broadening our high capacity product offering to our system customers."
Ceragon's modular FibeAir product family operates across multiple frequencies, supports integrated high-capacity services over SONET/SDH, ATM and IP networks, and offers innovative built-in add/drop multiplexing and encryption functionality. Ceragon's FibeAir product family complies with North American and international standards, and has been installed for more than 150 customers in more than 60 countries.
Published by Globes [online], Israel business news - www.globes.co.il - on Monday, January 09, 2006