Press Release

For Immediate Release

Airspan Networks Joins 450 MHz Alliance: Pioneering End-to-End Modular Solutions for the Utilities Market

SAN DIEGO, CA– January 17, 2024 – Airspan Networks Holdings Inc. (NYSE American: MIMO), a leading force in 5G network solutions and a preferred RAN Vendor in the private network market, announces its membership in the 450 MHz Alliance. This strategic move reflects Airspan’s commitment to leveraging its industry expertise in transforming the utilities market with advanced wireless solutions.

Airspan Networks is set to provide an end-to-end modular solution for the utilities sector, encompassing a core network, vRAN radio covering the sub1GHz spectrum, and the end devices powered by GCT’s new RF module. GCT Semiconductors is also a member of the 450 MHz Alliance. This comprehensive approach ensures a seamless integration of Airspan’s cutting-edge technology with legacy systems, offering unparalleled efficiency and connectivity.

“As a leading RAN vendor for Private Networks, Airspan is now set to revolutionize the utilities market with an innovative, holistic, modular solution designed for seamless integration with legacy systems. Joining the 450MHz Alliance signifies our commitment to harnessing the transformative potential of the 450MHz and sub-1GHz spectrum. We’re eager to drive unprecedented connectivity and efficiency in this new frontier”, said Henrik Smith-Petersen, CSMO at Airspan market to the utilities sector, driving innovation and connectivity to new heights.”

Gösta Kallner, Executive Chairman from the 450 MHz Alliance commented on the collaboration: “Airspan Networks joining the 450 MHz Alliance is a testament to our growing influence in the wireless industry. Their renowned experience in the private network market and their innovative modular solutions will significantly contribute to our mission of revolutionizing the utilities sector. We look forward to this synergistic partnership.”

The collaboration between Airspan and the 450 MHz Alliance will bring about a new era of connectivity in the utilities market, underpinned by a holistic software platform that manages the entire solution ecosystem.

 

About Airspan Networks: Airspan Networks is a global leader in 5G network solutions, specializing in delivering innovative, scalable, and efficient wireless technology to clients worldwide.

Airspan Press Contact:

Media Contact:
mediarelations@airspan.com

Investor Relations Contact:
Brett Scheiner
+1 561-893-8660
IR@airspan.com

 

About the 450 MHz Alliance: The 450 MHz Alliance is an industry consortium dedicated to promoting the 450 MHz spectrum band’s potential for LTE, particularly in critical infrastructure including the utilities sector.

 

450 MHz Alliance Press Contact:

Media Contact:
media@450alliance.org

Any other inquiries please send to:
Igor Virker at ivirker@450alliance.org