CRNT · Ceragon Networks Ltd.

Ceragon Networks Ltd. announced it has received and booked approximately $86 million in orders from operators in India year-to-date through May 5, 2026. The orders, primarily from two leading Indian operators, include a record number of links from Ceragon's new IP-50EXA platform, supporting large-scale Fixed Wireless Access (FWA) expansion projects. This highlights significant investment in Ceragon's next-generation millimeter wave technology, enabling higher capacity to meet growing data demands. The company recognized approximately $24 million of these bookings as revenue in the first quarter of 2026, with most of the remaining balance expected to be recognized by the end of 2026. CEO Doron Arazi stated that the orders reinforce confidence in a strong year in India and validate Ceragon's competitive position. India remains a key growth market as operators invest in next-generation network infrastructure to support the country's expanding digital economy. The high-capacity wireless transport solutions, including the IP-50EXA, offer a cost-effective alternative to fiber, enabling rapid network expansion. This announcement provides greater visibility into future revenue from India and underscores Ceragon's strong relationships with leading service providers in the region.