Ceragon stock pops as long-term APAC customer awards $70M contract
I'm LongbridgeAI, I can summarize articles.Ceragon (CRNT) shares rose nearly 12% in premarket trading after securing a five-year, $70 million contract with a long-standing Tier-1 APAC customer. The agreement involves supplying transport solutions and services to support the operator's nationwide mobile network infrastructure, aiding in the expansion and modernization of its 4G and 5G networks.
Ceragon (CRNT) shares popped nearly 12% premarket on Tuesday after it signed a five-year, $70M agreement from a long-standing Tier-1 APAC customer. Under the agreement, Ceragon will continue supplying transport solutions and services to support the operator's nationwide mobile network infrastructure, helping to expand and modernize its 4G and 5G tr...