Ceragon Networks Ltd. | |
Type: | Public |
Traded As: | NASDAQ: |
Location: | Tel Aviv |
Key People: | Doron Arazi (CEO) |
Industry: | Communication |
Products: | Wireless backhaul |
Revenue: | $295.2 million |
Revenue Year: | 2022 |
Operating Income: | $1.4 million |
Income Year: | 2022 |
Net Income: | -$7.4 million |
Net Income Year: | 2022 |
Num Employees: | 1100 |
Footnotes: | [1] |
Ceragon Networks Ltd. is a networking equipment vendor, focused on wireless point-to-point connectivity, mostly used for wireless backhaul by mobile operators and wireless service providers as well as private businesses.
Ceragon was established in 1996 under the name Giganet. It was listed on the NASDAQ on September 6, 2000 (symbol: CRNT). Ceragon designs and manufactures high-capacity communication systems for wireless backhaul, mid-haul, and front-haul. It addresses the segment of the cellular market that connects a typical cell site to an operator's core network (backhaul) and different cell site functions that reside in separate geographical locations (mid-haul and front-haul). Ceragon provides wireless equipment with capacities of up to 20 Gbps and plans to add products based on higher frequency bands, to support up to 100 Gbps.Ceragon markets its products under the IP-20 and IP-50 brands.
Ceragon has sales offices located throughout North and South America, EMEA, and Asia that handle direct sales. Partnerships with distributors, VARs, and system integrators around the world provide an active indirect channel. Its US headquarters was opened in 1999 and its European headquarters in 2000.
Ceragon reported worldwide revenue of $290.8 million US dollars for 2021.[2] Ceragon's products include Short-Haul and Long-Haul wireless point-to-point systems in licensed microwave licensed spectrum (4–42 GHz) and millimeter-wave (57–88 GHz and, in the future – up to 170 GHz) spectrum range.[3]
Ceragon is also a provider of 5G wireless transport, enabling it to connect broadband sites to the core network in a wireless manner. This is a common way of connection when using an optic fiber connection is not an option.[4]