FORM 6-K


                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D. C. 20549


                            REPORT OF FOREIGN ISSUER

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



                        For the month of May, 2003


                              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 registration
in connection with Rule 12g3(b): 82 -
                                       --------------






                                    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: May 1, 2003                     By: /s/Shraga Katz
                                         -------------------------------------
                                         Name:Shraga Katz
                                         Title: President


                                 EXHIBIT INDEX

Exhibit Description

Press Release: Ceragon Networks' First Quarter 2003 Financial Results