- The company is supposed to be a big beneficiary from the 5G network build-out, but this is happening much slower than hoped, especially in its largest market, India.
- As a result, revenues came in very soft, and a meaningful recovery isn’t expected before H2.
- So, it looks like dead money for a while. But the shares are cheap, and new orders – which are likely – might still move the needle.
Ceragon’s Recovery Will Only Happen In H2 2020
November 8th, 2019 · No Comments