Ceragon Networks Ltd. (NASDAQ:CRNT)
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The Company designs, develops, manufactures and sells high-capacity, point-to-point wireless backhaul solutions.
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The Company designs, develops, manufactures and sells high-capacity, point-to-point wireless backhaul solutions.
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I find it both amusing and encouraging to see Ceragon CEO Ira Palti comparing his company to the likes of LM Ericsson (Nasdaq: ERIC). "We have only two primary competitors globally," Palti said in the earnings call. "Our strength compared to each of those competitors are difficult to replicate. More data in the network." Given that Ceragon sells some of its equipment through OEM partner Nokia Siemens and looking at the limited reach of the other wireless backhaul providers, I have to think that he's talking about Ericsson and DragonWave.Not bad company to keep, I'd say. There's a blatant difference of scale, of course -- but if Ceragon keeps up the current growth rate, the comparison to Ericsson won't sound absurd in a couple of years.