Q3 2024 Ceragon Networks Ltd Earnings Call Transcript

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Nov 13, 2024

Nov 13, 2024 / 01:30PM GMT
Doron Arazi - Ceragon Networks Ltd - CEO

We expect more orders from this customer in the coming quarters for our microwave as well as our event solutions.

Since participating in the India Mobile Congress, we are encouraged by the increasing level of traction we are receiving in India and see large opportunities for 2025.

We believe that we will see much higher demand for even products in 2025. And our IP-50EX advanced provides capabilities that fit the specific needs of the Indian market. So, we are very well positioned to capitalize on incremental growth opportunities.

Since there are multiple discussions about the general business environment, I would like to share with you our observations. Indeed, we have seen a slowdown in certain public network domains outside of India.

We believe this is primarily driven by the global economy and the level of demand for 5G by network users. In addition, in Latin America, Africa and some countries in Asia PAC Chinese competition is very fierce in these regions, driving business softness there in this in these regions, we are

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