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Ceragon Networks Achieves Record Energy Sector Deals
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Ceragon Networks Achieves Record Energy Sector Deals

Ceragon Networks Ltd. (CRNT) has released an update.

Ceragon Networks Ltd., a leading provider of 5G wireless solutions, has announced a record-breaking quarter with nearly $10 million in new deals within the energy sector, signaling a significant growth in its influence and commitment to driving digital transformation. The company has secured a series of strategic agreements, including an upgrade for FPSO units in the Oil and Gas industry, a multimillion-dollar project for a 1,600-kilometer natural gas pipeline, and providing offshore connectivity for a mineral transport fleet. These deals exemplify Ceragon’s expanding role in enhancing operational efficiency through advanced connectivity solutions across critical energy infrastructure.

For further insights into CRNT stock, check out TipRanks’ Stock Analysis page.

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