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Ceragon granted $5 million follow-on equipment order

Dianna Heitz | Jun 25, 2008 08:47am EDT | Comment
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Ceragon Networks Ltd. (Nasdaq:CRNT) announced early Wednesday it had been awarded a $5 million follow-on equipment order from a mobile operator in Mexico. The Israel-based company, which is a provider of wireless backhaul solutions, said its equipment would be part of a “large-scale infrastructure expansion.”

Ceragon shares closed at $7.84 on Tuesday. The company’s stock has ranged from $6.07 to $21.89 per share during the past year.

For detailed price information and recent news stories about Ceragon Networks, click CRNT.
Dianna Heitz

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Reporter Dianna Heitz is based in SmallCapInvestor.com's Washington, DC bureau.