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Airspan

Transportation · Boca Raton, United States · Founded 1992 · Public via SPAC 2000

Airspan Networks Holdings Inc. is a U.S.-based telecommunications company that designs and produces software and hardware for 4G and 5G networks. The company operates in a single segment: developing and supplying broadband wireless products and technologies. Its business model revolves around the sale of its 4G and 5G wireless systems, including base stations and small cells, to network operators and private enterprises. The company originated as a product division of DSC Communications, a telephone switching equipment manufacturer. In January 1998, Airspan was established as a separate entity. Eric D. Stonestrom, who previously managed the Airspan product line at DSC, was appointed President and CEO in May 1998. Stonestrom's background includes engineering degrees from the University of California at Berkeley and experience at AT&T Bell Laboratories. The company went public in July 2000, raising $82.5 million in an initial public offering. A significant milestone was the 2018 acquisition of Mimosa Networks, which expanded Airspan's portfolio into fixed wireless solutions for backhaul and access applications. In August 2021, Airspan completed a reverse merger with New Beginnings Acquisition Corp., becoming listed on the NYSE American under the ticker symbol MIMO, though it was later delisted. Following a financial restructuring in 2024, the company became private and is now majority-owned by Fortress Investment Group. Airspan's offerings cater to mobile communications service providers, internet service providers, large enterprises, and military communications integrators. The company is a key provider of Radio Access Network (RAN) technology, developing solutions for private networks, public networks, and Fixed Wireless Access (FWA). Its product lineup features a wide range of indoor and outdoor hardware, including compact femto, pico, micro, and macro base stations. A core component of its strategy is the focus on Open RAN standards, which disaggregate hardware and software to increase network flexibility and interoperability with other vendors. This approach allows for customized, end-to-end solutions for various verticals, such as factories and transportation hubs. The company's product families include the "OpenRANGE" virtualized RAN (vRAN) software, the "A6/B6x" FWA platform capable of gigabit speeds, and an Air-to-Ground (ATG) 5G platform for in-flight connectivity. Airspan has also developed a cloud-hosted management portal to simplify network deployment and operation for its clients. Keywords: Open RAN, 5G networks, Radio Access Network, Fixed Wireless Access, FWA, private networks, telecommunications equipment, small cells, vRAN, 4G LTE, network densification, wireless backhaul, Mimosa Networks, Air-to-Ground connectivity, CBRS solutions, macro cells, wireless infrastructure, mobile network operators, end-to-end solutions, 5G hardware