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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000950123-01-000989.txt : 20010209
<SEC-HEADER>0000950123-01-000989.hdr.sgml : 20010209
ACCESSION NUMBER:		0000950123-01-000989
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20010208
FILED AS OF DATE:		20010208

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CERAGON NETWORKS LTD
		CENTRAL INDEX KEY:			0001119769
		STANDARD INDUSTRIAL CLASSIFICATION:	RADIO & TV BROADCASTING & COMMUNICATIONS EQUIPMENT [3663]
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		
		SEC FILE NUMBER:	000-30862
		FILM NUMBER:		1528281

	BUSINESS ADDRESS:	
		STREET 1:		24 RAOUL WALLENBERG ST
		STREET 2:		972-3-645-5733
		CITY:			TEL AVIV 69719 ISRAE
		STATE:			L3
		ZIP:			00000
		BUSINESS PHONE:		01197236455733

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GIGANET LTD
		DATE OF NAME CHANGE:	20000719
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>y45243e6-k.txt
<DESCRIPTION>CERAGON NETWORKS LTD
<TEXT>

<PAGE>   1
                                    FORM 6-K
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                            REPORT OF FOREIGN ISSUER
                            ------------------------

                      Pursuant to Rule 13a-16 or 15d-16 of
                       the Securities Exchange Act of 1934


                         For the month of February, 2001


                              CERAGON NETWORKS LTD.
                -------------------------------------------------
                 (Translation of registrant's name into English)


               24 Raoul Wallenberg Street, Tel Aviv 69719, Israel
               --------------------------------------------------
                    (Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.

                              Form 20-F  X   Form 40-F
                                        ---            ---

Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934

                                    Yes   No  X
                                      ---    ---

If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-
                                   ----



<PAGE>   2
                                  EXHIBIT INDEX



Exhibit Description

Press Release: Ceragon Networks Introduces Broadband Wireless Industry's First
Integrated Access Multiplexer


<PAGE>   3




                                    SIGNATURE


             Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.

                                       CERAGON NETWORKS LTD.


Date: February 8, 2001                By /s/  Shraga Katz
                                          ----------------
                                            Name:  Shraga Katz
                                            Title: President and Chief Executive
                                                   Officer









</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>y45243ex99.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>

<PAGE>   1




[CERAGON NETWORKS LOGO]

FOR IMMEDIATE RELEASE




         CERAGON NETWORKS INTRODUCES BROADBAND WIRELESS INDUSTRY'S FIRST
                         INTEGRATED ACCESS MULTIPLEXER

      WINSTAR COMMUNICATIONS FIRST TO DEPLOY CERAGON'S 3 X DS-3 NETWORKING
                          PRODUCT IN NATIONWIDE NETWORK


         TEL AVIV, ISRAEL, FEBRUARY 7, 2001--Ceragon Networks Ltd. (NASDAQ:
CRNT), a global provider of high-capacity broadband wireless systems for next
generation communications networks, today announced expansion of its networking
solutions with the deployment of the broadband wireless industry's first
single-box integrated access multiplexer. This new, intelligent networking
element enables three DS-3 high-speed connections to be aggregated and
transported over a single OC-3 wireless communications link. Winstar
Communications, Inc. is the first service provider to deploy this product in its
national broadband network.

         Ceragon's 3 x DS-3 intelligent networking element, an "on-board"
multiplexer, was developed to enable high-capacity access and facilitate network
management through an integrated, one box solution for the metropolitan market.
The 3 x DS-3 enhancement, an addition to Ceragon's FibeAir product family,
delivers high-speed connectivity at 155 Mbps, which is multiplexed to provide
dedicated access for three customers at DS-3 rates.

         "Internet growth continues to drive the demand for high-capacity access
to the door," said Paul Kellett, senior director, research, Pioneer Consulting,
LLC. "As service providers in the broadband wireless market scramble to keep
pace, they are increasingly looking towards turnkey solutions as viable access
options."

         "The selection of Ceragon fundamentally supports our strategy of using
a variety of best-of-breed technologies within our broadband network
infrastructure," said Frank Jules, president and COO of Winstar's U.S.
operations. "Ceragon's 3 x DS-3 access multiplexer, which will help us to more
efficiently and cost-effectively create last-mile broadband connections, is yet
another


<PAGE>   2


tool in our broad network product portfolio. We look forward to working
with Ceragon to provide customers with a robust and highly efficient broadband
access solution."

         Ceragon's intelligent network element benefits service providers and
their customers in a number of ways. As a one-box solution, it reduces equipment
costs, saves space, minimizes the need to interface with multiple vendors and
facilitates network management. Ceragon has met the market's need for turnkey
solutions by enabling service providers to deliver high-capacity access to the
door with its flexible network component and, in turn, enabling them to grow
revenues.

         "Ceragon continues to secure market leadership by staying true to our
vision of innovation," said Shraga Katz, president and CEO, Ceragon Networks
Ltd. "Integrating networking intelligence into our system positions us well for
the evolution of the market as service providers look to turnkey solutions to
increase access capacity. Delivering the technology that allows service
providers to immediately generate revenue has always been a clear company
objective."

ABOUT CERAGON NETWORKS LTD.

         Ceragon Networks Ltd. is a pacesetter in broadband wireless networking
systems, enabling high-capacity connectivity in metropolitan areas. Uniquely
designed for high-growth, global communications service providers to generate
immediate revenue, Ceragon's commercially proven intelligent broadband network
solutions support high-speed Internet access and integrated data, video and
voice services. Ceragon's FibeAir product family operates across multiple
licensed frequencies from 18 to 38 GHz while complying with North American and
International standards and delivering IP, SONET/SDH and ATM broadband networks.
Ceragon's products enable quick and cost-effective connections for capacity
constrained business customers within their own networks, or as a gateway onto
the backbone infrastructure. Founded in 1996, Ceragon is headquartered in Tel
Aviv, Israel, with North American headquarters in New Jersey and European
Headquarters in the UK. More information is available at www.ceragon.com.
Ceragon Networks - the shape of next generation networks.

ABOUT WINSTAR COMMUNICATIONS, INC.

         Winstar is a leading broadband services company. The company is rapidly
building one of the world's most widely available end-to-end broadband networks.
Winstar makes this network important and useful to businesses by providing a
comprehensive set of high quality, digital-age broadband services. These
services include high-speed Internet and data, Web hosting and design, phone
services, Web-based applications, e-commerce, professional services and

<PAGE>   3


Office.com(R), A Service From Winstar, the top-ranked online business service
for small and medium-sized businesses.


         Certain statements concerning Ceragon's future prospects are
"forward-looking statements" under the Private Securities Litigation Reform Act
of 1995. There can be no assurances that future results will be achieved, and
actual results could differ materially from forecasts and estimates. Important
factors that could cause actual results to differ materially from forecasts and
estimates include: Ceragon's limited operating history and history of losses;
Ceragon's dependence on a limited number of key customers, independent
manufacturers and suppliers; Ceragon's ability to increase its manufacturing
capacity; and the demand for Ceragon's products. These risks and uncertainties,
as well as others, are discussed in greater detail in Ceragon's filings with the
Securities and Exchange Commission. Ceragon makes no commitment to revise or
update any forward-looking statements in order to reflect events or
circumstances after the date any such statement is made.



Contacts:         Brad Ritter
                  GAJ Services Inc.
                  740-363-2141
                  britter@gajservices.com

                  Laura Yatim
                  Ceragon Networks Ltd.
                  972-3-765-7560
                  laura@ceragon.com



                                      # # #



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