News

Little Falls, New Jersey, April  10, 2019 – Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist, today announced that it was selected by MUNI S.A, a mobile operator in Equatorial Guinea, to modernize and expand its network to deliver 4G services covering the country’s mainland and its island capital.

Telia Company and Fintur Holdings B.V. (Fintur), jointly owned by Telia Company and Turkcell, have agreed to sell their 75 percent holding in the leading Kazakhi telecommunications operator Kcell JSC, to the telecom operator Kazakhtelecom JSC, a company controlled by the government of the Republic of Kazakhstan through the sovereign wealth fund Samruk-Kazyna.

Telia Company sells its interest in Ucell (FE Coscom LLC) to the State Committee of the Republic of Uzbekistan for Assistance to Privatized Enterprises and Development of Competition for USD 215 million on a debt free basis. The U.S. Department of Justice has been duly informed about the transaction.

This decision by the Ministry of Posts and Telecommunications (MINPOSTEL) is motivated by the fact that Northwave Sarl has renounced its status as licensed telecommunications operator by surrendering its entire capital to Afrimax.