Ceragon (NASDAQ: CRNT), a leading solutions provider of end-to-end wireless connectivity, is advancing its partnership with an existing customer, to spearhead the modernization of a private communications network for a leading power utility in EMEA. This large-scale initiative, which commenced at the beginning of the year, is now expected to generate aggregate revenues of approximately $8 million. This project is aimed at meeting increasing capacity demands, replacing end-of-life systems, and ensuring reliable nationwide connectivity using Ceragon’s high power full indoor and split mount radios.
Following an in-depth wireless technology review requested by the utility, a leading solutions provider in the region selected Ceragon’s advanced radios as its top choice. The evaluation and subsequent selection at the beginning of 2025, which compared offerings from competing global vendors, underscored Ceragon’s exceptional technical capabilities, transparency, and reliability.
The project focuses on deploying advanced microwave solutions to enhance the utility’s nationwide backbone network. Phase one of the project is already being delivered, with additional upgrades expected to be utilized through the end of 2025. Ceragon technology will deliver resilient and high-capacity connectivity optimized for diverse operational environments.
To date Ceragon has received orders at value of approximately 75% of the project and is expecting to get the balance within 2025. Throughout H1 2025, Ceragon has recognized approximately 50% of the anticipated revenues. In addition, this success positions Ceragon to win subsequent phases in the following years.
“The selection of Ceragon for this large-scale project with our full indoor and split-mount solutions, and utilizing our high-power radios, highlights the strength of our cutting-edge technology and scalable solutions,” said Doron Arazi, CEO, Ceragon. “This decision positions the utility to meet its ambitious operational goals while ensuring robust network performance and future-readiness.”
