Small Cap Movers

Ceragon Networks to team up with ECI Telecom

Jennifer Schonberger | Jun 04, 2008 09:07am EDT | Comment
Rating: Unrated

Wireless backhaul provider Ceragon Networks Ltd. (Nasdaq: CRNT) said early this morning that it will partner with ECI Telecom Ltd., which delivers communications platforms to carriers and service providers, to offer a joint multi-service transport radio for carriers.

The partnership will address the demand for an end-to-end integrated wireline and wireless backhaul solution, and offers reduced time-to-market, improved manageability and lower integration costs.

Shares edged down 3.7%, or $0.38, to $9.82 in pre-market trading. For detailed price information and recent news stories about Ceragon Networks, click CRNT.

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Jennifer Schonberger

About the Author
Reporter Jennifer Schonberger is based in SmallCapInvestor.com's Washington, D.C. bureau.