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Ceragon Networks Ltd. (CRNT) Lands Multi-Million Deal to Build High-Cap Wireless Network for India’s Biggest Oil and Gas E&P
Ceragon Networks, a dominant force in the world of high-capacity wireless backhaul and fronthaul, reported big news today that the company has been selected by massive Indian oil and gas company, Oil and Natural Gas Corp. Ltd. (NSE: ONGC), to design and engineer a new high-cap network backbone to replace their existing VSAT connections for onshore/offshore sites.
Really the perfect company to handle this sort of job, as CRNT is known the world over for their ability to deliver solutions which have enabled countless providers to extend 2G/3G, 4G/LTE, and other broadband services to their respective customer bases. CRNT’s reputation for robust high-cap microwave nodes that are designed for all-outdoor conditions, combined with modular aggregation node hardware and their CeraOS unified operating system, which spans the entire FibeAir IP-20 platform, are key elements of the company’s reputation that helped produce this deal and they really have helped to distinguish the company as a clear leader in high-cap wireless hauling.
This is a pretty major undertaking for CRNT, despite their size and proficiency, given that ONGC is responsible for nearly 70% of India’s crude production and as much as 60% of the gas, doing something like 1.2M BOEPD with a market cap in the neighborhood of $38.57B, there is a huge logistical envelope to address via this new backbone system. By going to a much more stable wireless backbone than the existing satellite phones, one based on CRNT’s field-proven Evolution™ Long Haul multicarrier microwave radio hardware, ONGC will be picking up massive Mbps throughput for substantially reduced overall cost-per-bit.
In addition to these powerful Evolution nodes, which allow operators like ONGC to migrate seamlessly from legacy time-division multiplexed architectures to an all-IP framework, CRNT will provide a comprehensive suite of supplemental services ranging from site-surveying to project management and installation, ultimately delivering the new turnkey backbone to ONGC for a sticker price pegged somewhere in the ballpark of several million dollars. The backbone network will be used to handle mission critical aspects of ONGC’s operations like SCADA and their video surveillance systems, as well as providing IT services across all of the company’s numerous sites, including web access, email, video conferencing, and SAP apps.
President and CEO of CRNT, Ira Palti, emphasized how operators in the oil and gas industry are racing these days to get their hands on robust data handling solutions in order to support the growing variety of value-added services they need, both to execute on operational objectives and to stay ahead of their competition. Palti expressed supreme confidence in ONGC’s decision to go with the company for their backbone network and added that CRNT’s high-cap range of microwave solutions were ideal for this particular market, considering how they have over three decades of experience in the game and have developed products like their marine-grade PointLink system, which combines high power radios with gyro-stabilized antennas to provide the most reliable high-cap integrated solution on the market today, precisely for such operations as offshore oil and gas E&P.
Palti further emphasized CRNT’s proven service and project management expertise, asserting that blue-chip clients like ONGC can expect to enjoy the fullest range of support for their businesses possible, with a truly comprehensive service package that benefits from Cergaon’s considerable experience, especially when it comes to the oil and gas sector. Plati isn’t just whistling Dixie here either, as CRNT has solutions deployed in over 130 countries worldwide, representing over 430 service providers which are no doubt well-acquainted with just how comprehensive Cergaon’s support services can be.
Visit the Ceragon Networks Ltd. website for more info at www.Ceragon.com
