Airspan Announces Agreement to Acquire Corning’s Wireless Business
Airspan Networks Holdings has announced a definitive agreement to acquire Corning's wireless business (NYSE:GLW), with the transaction expected to close in Q1 2025. The acquisition includes Corning's 6000 and 6200 distributed antenna systems (DAS) and SpiderCloud 4G and 5G small cell radio access network (RAN) products.
The acquired business features over 10,000 installations, relationships with major mobile operators, public venues, and enterprise customers, along with a broad patent portfolio developed over 15 years. The strategic move positions Airspan to offer the most comprehensive in-building wireless solution in the market, addressing the challenge that over 70% of mobile data usage occurs inside buildings.
Airspan expects mobile operators, venue owners, and enterprises to increase investment in indoor 5G service as outdoor 5G network buildout nears completion. The company commits to maintaining business continuity for existing customers, distributors, and partners.
Airspan Networks Holdings ha annunciato un accordo definitivo per acquisire il business wireless di Corning (NYSE:GLW), con la transazione prevista per chiudere nel primo trimestre del 2025. L'acquisizione include i sistemi di antenna distribuiti (DAS) 6000 e 6200 di Corning e i prodotti di rete radio di accesso cellulare (RAN) SpiderCloud 4G e 5G.
Il business acquisito conta oltre 10.000 installazioni, relazioni con i principali operatori mobili, luoghi pubblici e clienti aziendali, insieme a un ampio portafoglio di brevetti sviluppato nel corso di 15 anni. Questa mossa strategica posiziona Airspan per offrire la soluzione wireless in-building più completa sul mercato, affrontando la sfida che oltre il 70% dell'uso dei dati mobili avviene all'interno degli edifici.
Airspan prevede che gli operatori mobili, i proprietari di luoghi e le aziende aumenteranno gli investimenti nel servizio 5G indoor man mano che la costruzione della rete 5G all'aperto si avvicina al completamento. L'azienda si impegna a mantenere la continuità aziendale per i clienti, i distributori e i partner esistenti.
Airspan Networks Holdings ha anunciado un acuerdo definitivo para adquirir el negocio inalámbrico de Corning (NYSE:GLW), con la transacción prevista para cerrar en el primer trimestre de 2025. La adquisición incluye los sistemas de antenas distribuidas (DAS) 6000 y 6200 de Corning y los productos de red de acceso de radio celular pequeña (RAN) SpiderCloud 4G y 5G.
El negocio adquirido cuenta con más de 10,000 instalaciones, relaciones con importantes operadores móviles, lugares públicos y clientes empresariales, además de un amplio portafolio de patentes desarrollado en 15 años. Este movimiento estratégico posiciona a Airspan para ofrecer la solución inalámbrica en edificios más completa del mercado, abordando el desafío de que más del 70% del uso de datos móviles ocurre dentro de los edificios.
Airspan espera que los operadores móviles, los propietarios de lugares y las empresas aumenten la inversión en servicios 5G interiores a medida que la construcción de la red 5G exterior se acerque a su finalización. La empresa se compromete a mantener la continuidad del negocio para los clientes, distribuidores y socios existentes.
Airspan Networks Holdings는 Corning의 무선 사업 (NYSE:GLW)을 인수하기 위한 최종 계약을 발표했으며, 거래는 2025년 1분기 내에 마감될 것으로 예상됩니다. 이번 인수에는 Corning의 6000 및 6200 배포 안테나 시스템(DAS)과 SpiderCloud 4G 및 5G 소형 셀 무선 접근 네트워크(RAN) 제품이 포함됩니다.
인수된 사업은 10,000개 이상의 설치와 주요 이동통신사, 공공 장소 및 기업 고객과의 관계, 그리고 15년에 걸쳐 개발된 폭넓은 특허 포트폴리오를 특징으로 합니다. 이 전략적 움직임은 Airspan이 시장에서 가장 포괄적인 건물 내 무선 솔루션을 제공할 수 있도록 하여, 70% 이상의 모바일 데이터 사용이 건물 내부에서 발생하는 문제를 해결하고자 합니다.
Airspan은 이동통신사, 장소 소유자 및 기업들이 실내 5G 서비스에 대한 투자를 증가시킬 것으로 예상하고 있으며, 이는 야외 5G 네트워크 구축이 완료에 가까워짐에 따라 이루어질 것입니다. 회사는 기존 고객, 유통업체 및 파트너를 위한 비즈니스 연속성을 유지할 것을 약속합니다.
Airspan Networks Holdings a annoncé un accord définitif pour acquérir l'activité sans fil de Corning (NYSE:GLW), la transaction devant être finalisée au premier trimestre 2025. L'acquisition comprend les systèmes d'antennes distribuées (DAS) 6000 et 6200 de Corning ainsi que les produits de réseau d'accès radio à petites cellules (RAN) SpiderCloud 4G et 5G.
L'activité acquise présente plus de 10 000 installations, des relations avec des opérateurs mobiles majeurs, des lieux publics et des clients d'entreprise, ainsi qu'un large portefeuille de brevets développé sur 15 ans. Ce mouvement stratégique positionne Airspan pour offrir la solution sans fil en intérieur la plus complète sur le marché, répondant au défi que plus de 70 % de l'utilisation des données mobiles se produit à l'intérieur des bâtiments.
Airspan s'attend à ce que les opérateurs mobiles, les propriétaires de lieux et les entreprises augmentent leurs investissements dans les services 5G intérieurs à mesure que le déploiement du réseau 5G extérieur approche de sa conclusion. L'entreprise s'engage à maintenir la continuité des activités pour les clients, distributeurs et partenaires existants.
Airspan Networks Holdings hat eine endgültige Vereinbarung zur Übernahme des drahtlosen Geschäfts von Corning (NYSE:GLW) bekannt gegeben, wobei der Abschluss der Transaktion im 1. Quartal 2025 erwartet wird. Die Übernahme umfasst die 6000 und 6200 verteilten Antennensysteme (DAS) von Corning sowie die SpiderCloud 4G und 5G Produkte für kleine Funkzugangsnetze (RAN).
Das übernommene Geschäft umfasst über 10.000 Installationen, Beziehungen zu großen Mobilfunkanbietern, öffentlichen Veranstaltungsorten und Unternehmenskunden sowie ein breites Patentportfolio, das über 15 Jahre entwickelt wurde. Dieser strategische Schritt positioniert Airspan, um die umfassendste In-Building-Drahtloslösung auf dem Markt anzubieten und die Herausforderung anzugehen, dass über 70 % der mobilen Datennutzung in Gebäuden erfolgt.
Airspan erwartet, dass Mobilfunkanbieter, Veranstaltungsortbesitzer und Unternehmen ihre Investitionen in Indoor-5G-Dienste erhöhen, da der Ausbau des Outdoor-5G-Netzes dem Ende entgegengeht. Das Unternehmen verpflichtet sich, die Geschäftskontinuität für bestehende Kunden, Händler und Partner aufrechtzuerhalten.
- Acquisition includes established product portfolio with 10,000+ installations
- Strategic expansion into growing in-building 5G market
- Access to major mobile operators and enterprise customer relationships
- Acquisition of extensive patent portfolio
- Significant regulatory approval pending
- Extended closing timeline (Q1 2025)
- Integration risks with existing business
Insights
This strategic divestment signals a significant shift in Corning's business focus, likely aimed at streamlining operations and reallocating resources to its core strengths in optical communications and display technologies. The wireless segment, while valuable, represents a relatively small portion of Corning's overall business compared to its dominant positions in fiber optics and specialty glass.
The timing of this deal is particularly noteworthy as the in-building wireless market enters a important growth phase. With outdoor 5G infrastructure largely deployed, the industry's focus is shifting to indoor coverage solutions. This transition presents a substantial market opportunity, considering that over 70% of mobile data consumption occurs indoors, yet many buildings lack adequate wireless infrastructure.
The acquisition's strategic value lies in several key assets:
- A mature product portfolio with 10,000+ installations, demonstrating proven market acceptance and established revenue streams
- An extensive patent portfolio developed over 15 years, providing significant intellectual property protection and potential licensing opportunities
- Established relationships with major mobile operators and enterprise customers, which typically have high switching costs and long-term deployment cycles
For Corning investors, this divestment likely represents a positive development as it allows management to focus on higher-margin core businesses while potentially unlocking value from a non-core asset. The transaction's closing in Q1 2025 suggests minimal regulatory hurdles, though specific financial terms remain undisclosed.
The consolidation creates a more concentrated market structure in the in-building wireless solutions space, potentially leading to improved pricing power and operational efficiencies. The integration of Corning's DAS and small cell technologies with Airspan's existing portfolio could accelerate innovation in neutral-host solutions, particularly important as enterprises increasingly demand dedicated private networks.
Strengthening Leadership in In-Building Connectivity
Corning’s wireless business includes its 6000 and 6200 distributed antenna systems (DAS) and its SpiderCloud 4G and 5G small cell radio access network (RAN) products. By combining these products with Airspan’s market-leading small cells for neutral-host coverage and private networks, Airspan will offer the most comprehensive in-building wireless solution in the market.
More than
“This acquisition is a strategic step for Airspan, reinforcing our leadership in in-building connectivity and expanding our ability to serve enterprises and mobile network operators,” said Glenn Laxdal, President and CEO of Airspan. “As we integrate this business, our focus is on delivering a smooth transition for our customers while unlocking new opportunities for innovation.”
Airspan is committed to ensuring business continuity for customers, distributors, and partners. Customers can expect uninterrupted support for existing deployments, while benefiting from new innovative solutions in the future.
About Airspan
Airspan Networks Holdings LLC is a
Airspan’s reliable and scalable solutions support Macro Open RUs, in-building coverage, Critical Infrastructure, Fixed Wireless Access, Defense and Air-To-Ground, empowering businesses, governments, and service providers to build the networks of tomorrow, today.
For more information, visit www.airspan.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250220572924/en/
Media Contact:
Abel Mayal
mediarelations@airspan.com
+1 561-893-8670
Source: Airspan Networks Holdings Inc.
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