Airspan Networks

From Wikipedia, the free encyclopedia
Airspan Networks Inc.
TypePublic Company
IndustryTelecommunications equipment
FoundedJanuary 30, 1998; 23 years ago (1998-01-30)
HeadquartersBoca Raton, Florida
Key people
 Eric D. Stonestrom, CEO & President
David Brant, CFO
Number of employees
800 (Dec 31, 2020)
Websitewww.airspan.com

Airspan Networks is an American telecommunications company headquartered in Boca Raton, Florida, developing Radio Access Network technology including the Sprint 'Magic Box' and both small cells and macro cells for the Rakuten virtualized network.[1]

Airspan was originally a product division of DSC Communications,a manufacturer of telephone switching equipment. Original products included a CDMA-based radio platform used for the fixed wireless market. Airspan separated from DSC Communications in 1998 and announced Eric Stonestrom as CEO and President.

Airspan originally focused its product line on the small cell and mini-macro equipment market, used by mobile operators to extend wireless services. Through the acquisition of Mimosa Networks in 2018,[2] Airspan entered the market for fixed wireless solutions[buzzword] which are used in commercial, enterprise and operator networks for wireless backhaul and access applications.

Airspan's 5G NR development program is focused on mmWave, Sub 6GHz, Massive MIMO, and Open Virtual RAN architectures. Airspan also offers fixed wireless access and backhaul solutions[buzzword] for PTP (point-to-point) and PTMP (point-to-multi-point) applications through its Mimosa Products.

In March, 2019, Airspan announced a partnership with Google in support of CBRS services.

In August 2021, Airspan completed a business combination with New Beginnings Acquisition Corp. and the combined company was renamed Airspan Networks Holdings Inc. and began trading on the NYSE American under the ticker symbol MIMO.

History[]

The company was founded in January 1998.

In May 1998, Eric D. Stonestrom was named president and chief executive officer of the company.

Its first product, AS4020 platform, was based on CDMA radio technology adapted for fixed wireless access points.

In July 2000, as the dot-com bubble was bursting, the company became a public company and raised $82.5 million in an initial public offering. Its stock price rose 113% in its first day of trading.[3]

In 2004, Airspan made an agreement with Neda Telecommunications, a subsidiary of Aspen Wind Corporation, to send radios to Kabul, Afghanistan.[4]

In the fourth quarter of 2005, the company released its WiMAX product line.[5]

In September 2006, Oak Investment Partners made a $29 million investment in the company.[6]

In 2010, the company teamed with LightSquared to market LightSquared's 1.4 GHz wireless spectrum in the United States. The spectrum is targeted primarily to the utility industry for Smart Grid deployments.[7]

In 2009, the company's stock was delisted from the NASDAQ.[8]

In March 2021, the company announced that it would be re-listed on NYSE American through a reverse merger with New Beginnings Acquisition Corporation, a special-purpose acquisition company.[9]

In August 2021, Airspan completed the reverse merger with New Beginnings Acquisition Corporation and the parent company was renamed Airspan Networks Holdings Inc. and began trading on the NYSE American under the ticker symbol MIMO.

Awards and recognition[]

Airspan's industry recognition and awards date back to 2007 when the company won the 'Best of WiMAX World USA Award' [10]

Airspan & Jio win the SCF 2020 Award for Excellence in Commercial Deployment (Urban)[11]

Sprint and Airspan Win SCF 2019 Small Cell Award for Excellence in Commercial Deployment

Sprint & Airspan Networks – Sprint LTE Magic Box win SCF Award 2018 Excellence in Commercial Deployment (Residential)

Airspan and Sprint selected as the winner of “Best Mobile Technology Breakthrough” at GLOMO 2018 Awards

Airspan and Qualcomm win SCF 2021 Small Cell Award for Excellence in Commercial Deployment for 5G OpenRANGE mmWave outdoor small depolyment.

Office locations[]

The company has business locations globally including:

  • Boca Raton, United States (HQ)
  • Santa Clara, CA
  • Slough, United Kingdom
  • Tokyo, Japan
  • Tel Aviv, Israel
  • Quezon City, Philippines
  • Jakarta, Indonesia
  • Bengaluru , India
  • Mumbai, India
  • Barranquilla, Colombia
  • Chatswood, Australia
  • Warsaw, Poland
  • Kathmandu, Nepal

References[]

  1. ^ "About | Airspan a 4G & 5G network densification solution provider". Retrieved 2020-03-20.
  2. ^ "Airspan | Santa Clara California, November 20, 2018 – Airspan Networks Inc. announced today that it has acquired Mimosa Networks Inc". Retrieved 2020-04-03.
  3. ^ "Airspan soars in debut". CNN. July 20, 2000.
  4. ^ "Airspan deploys network in Afghanistan". American City Business Journals. December 23, 2004.
  5. ^ "Airspan Unveils Cost-Effective WiMAX Starter Package for Operators and Enterprises Using Both Licensed and Unlicensed Spectrum" (Press release). CNN. October 10, 2006.
  6. ^ "Airspan Concludes Financing With Oak Investment Partners" (Press release). CNN. September 25, 2006.
  7. ^ "Airspan and LightSquared™ Team Up on Smart Grid With Licensed Spectrum and 4G Equipment" (Press release). PoliceOne. August 5, 2010.
  8. ^ "Airspan Announces Delisting Timing and Intention to Continue to Publicize Financial Information" (Press release). Globe Newswire. April 8, 2009.
  9. ^ "Airspan Networks, a Leading 5G Technology Company to Go Public through Merger with New Beginnings Acquisition Corp. (NYSE American: NBA)". www.businesswire.com. 2021-03-08. Retrieved 2021-06-13.
  10. ^ Inc, Airspan Networks (2007-09-27). "Airspan's MiMAX(TM) Wins Best of WiMAX World USA Award". GlobeNewswire News Room. Retrieved 2020-03-20.
  11. ^ "Awards Winners 2020". Small Cell Forum. Retrieved 2020-12-21.

External links[]

  • Business data for Airspan Networks Holdings Inc:
Retrieved from ""