Ceragon Books $86M India Orders for IP-50EXA and Recognizes $24M in Q1
Ceragon has booked approximately $86 million in year-to-date orders in India from two leading operators, driven by record sales of its IP-50EXA millimeter wave platform for FWA expansion. It recognized about $24 million of these bookings as Q1 2026 revenue, with the balance expected by year-end.
1. Order Bookings and Technology Adoption
Ceragon reported approximately $86 million in year-to-date orders from two leading Indian operators, driven by record deployments of its IP-50EXA millimeter wave platform. These orders target large-scale fixed wireless access expansion, highlighting strong demand for high-capacity, cost-effective wireless transport solutions over fiber alternatives.
2. Revenue Recognition and Market Outlook
The company recognized roughly $24 million of the booked orders as Q1 2026 revenue, with the remaining balance expected by year-end. This visibility reinforces Ceragon’s confidence in its 2026 outlook and underscores India’s role as a strategic growth market as operators ramp up broadband connectivity investments.