Ceragon Networks Secures $3.4 Million Contract for Managed Services in Mexico

Ceragon Networks Ltd. (NASDAQ: CRNT) has announced a substantial achievement in its operations within Latin America. The company has secured a two-year, $3.4 million managed services contract with a prominent mobile operator in Mexico. This agreement is a strong indicator of Ceragon's expanding influence and trusted support in providing network solutions across the region.

This newly awarded contract comprises Service Level Agreement (SLA)-based support for an extensive multivendor network, which includes around 2,290 links. The scope of work encompasses a full range of services, including 24/7 technical support, corrective maintenance, emergency responses, and both remote and on-site assistance. Additionally, Ceragon will manage spare parts, logistics, and repair coordination, enhancing the operational efficiency of the mobile operator's network.

Ceragon's managed services aim to centralize the operator's operations by merging multiple service agreements into a single comprehensive contract. This approach is designed to optimize process efficiency, minimize response times, increase inventory visibility, and reduce repair cycles. Furthermore, Ceragon will facilitate coordinated management between operations and implementation teams, ensuring the mobile operator can maintain high service quality while reducing operational costs.

Doron Arazi, CEO of Ceragon, remarked on the significance of this contract, stating, "This award is another strong indication of the confidence leading operators place in Ceragon to support complex, multivendor networks at scale. Following our previous managed services win in Colombia, this contract further highlights the trust and continuity we are building with a major multinational operator group in Latin America."

This latest achievement builds on Ceragon's successful $2.7 million contract with a mobile operator in Colombia, which similarly emphasizes the company's managed services expertise. Through offering solutions like remote technical support and the use of Ceragon's Network Digital Twin for predictive and preventive maintenance, Ceragon reinforces its position as a reliable partner for mobile operators seeking to streamline their operations in the rapidly evolving telecommunications landscape.

In total, Ceragon's footprint in the managed services domain across Latin America is growing steadily, reflecting the rising demand for operational models that offer a blend of technical know-how, quick response, and cost-efficient support for mission-critical network infrastructures. The distinctiveness of Ceragon's offerings lies in its commitment to enhancing quality connectivity through innovative technology solutions, aimed at reducing operational costs while delivering high-capacity and reliable wireless connectivity.

Ceragon is not just focused on being a solutions provider; the company seeks to empower customers by enhancing their operational efficiency and improving user experiences. Its diverse client base includes service providers, government agencies, and energy companies from over 130 countries, positioning them at the forefront of wireless communication technologies.

In conclusion, Ceragon's recent contract award is a testament to the trust placed in the firm by major operators in Latin America. The company continues to lead in supporting complex networks while ensuring efficient support and services, marking a significant step forward in its strategic goals within the telecommunications sector.

For more updates and insights from Ceragon, visit www.ceragon.com.