Airspan Product Innovation Continues - Significant Project Wins With Two Major Network Operators for New Groundbreaking Products
01 September 2022 - 12:04AM
Business Wire
Airspan Networks Inc., a subsidiary of Airspan Networks Holdings
Inc. (NYSE American: MIMO), a U.S.-based provider of
ground-breaking, disruptive software and hardware for mobile and
fixed network operators has recently received two major customer
orders for its new products for Fixed Wireless Access (FWA) and
5G.
The company received its first order in excess of $10 million
for the new A6/B6x FWA broadband access and backhaul platform. A
gigabit-speed FWA point-to-multipoint (PTMP) and point-to-point
(PTP) solution that improves performance, scaling and reliability,
featuring up to 7 Gbps throughput for outdoor broadband networks
and 5G backhaul infrastructure. This solution, which will also
feature the C6x radio client, is a new Airspan milestone, providing
fiber-like speeds for major Mobile Network Operator 5G network
rollouts, as well as last mile solutions for Mobile and Fixed
carriers as well as wireless internet service providers (WISPs),
bringing fiber-like connectivity to residences and enterprise and
industrial premises at a fraction of the cost.
Eric Stonestrom, Chairman and CEO comments: "It is exciting to
be part of this major national 5G build which extends 5G mobile and
fixed services to millions of people. Our innovation with this
product line continues to win us positions in the world's most
exciting network expansions."
Separately, with another customer, the company has received
additional orders in excess of $10 million for an ongoing Open RAN
network build in Asia, including expansion of the Ruggedized
Distributed Unit deployment for 4G network operation and a
transformative new product, a 5G antenna element that will work in
a multi-vendor environment to improve macro radio performance.
“These project wins are another example of Airspan’s innovation
and technology leadership,” said Airspan Chief Sales and Marketing
Officer Henrik Smith-Petersen. With the importance of gigabit the 6
Series provides network operators the ability to deliver network
performance with fiber speeds, at a vastly lower cost point than
either fiber or conventional microwave or millimeter wave backhaul
architectures. On the mobile network side, our distinctive Open RAN
infrastructure products continue to propel the evolution of cost
leading network architectures."
About Airspan
Airspan Networks Holdings Inc. (NYSE American: MIMO) is a
U.S.-based provider of groundbreaking, disruptive software and
hardware for 5G networks, and a pioneer in end-to-end Open RAN
solutions that provide interoperability with other vendors. As a
result of innovative technology and significant R&D investments
to build and expand 5G solutions, Airspan believes it is
well-positioned with 5G indoor and outdoor, Open RAN, private
networks for enterprise customers and industrial use applications,
fixed wireless access (FWA), and CBRS solutions to help mobile
network operators of all sizes deploy their networks of the future,
today. With over one million cells shipped to 1,000 customers in
more than 100 countries, Airspan has global scale. For more
information, visit www.airspan.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220831005579/en/
Media Contact: mediarelations@airspan.com
Investor Relations Contact: Brett Scheiner 561-893-8660
IR@airspan.com
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