Another Wireless?

Here's why. Most wireless carriers traditionally used leased T1 lines to funnel traffic between the base-station controllers and the mobile switching center. They work just fine, but they are one of the largest recurring costs for wireless operators. The costs mount for the carriers as the need for additional capacity grows. At some point, to expand a network, it becomes more cost-effective to switch to wireless equipment -- which Ceragon makes.
Ceragon's fortunes didn't always seem so obvious. The company, founded in 1996 as Giganet, almost lost its business entirely when the CLECs collapsed in early 2000. But Ceragon reinvented itself, developing fast wireless connectivity hardware and software needed by wireless carriers and private networks. Now, as wireless carriers upgrade their networks and deploy 3G networks, Ceragon's strategy is paying off.
It's about time. The first quarter was disappointing for the company. Growth from hotspots like Asia slowed, and recessionary fears put a damper on spending by the carriers. As a result, Ceragon reported first quarter sales of $43.9 million, down 7 percent from a year ago. Earnings were down 95 percent, to $215,000.
But that should change. With investment from Tata Teleservices rebounding, 3G networks being rolled out in India and around the world, and Latin America serving as another hotbed of activity, Ceragon's business has many great opportunities ahead.
http://www.dailyfinance.com/2009/07/10/wireless-watch-ceragon-builds-highways-in-the-sky/