Airspan Completes Acquisition of Corning’s Wireless Business

Unlocking the Future of Indoor Connectivity with a Complete Wireless Portfolio

BOCA RATON, Fla.--(BUSINESS WIRE)-- Airspan Networks Holdings LLC ("Airspan"), a leading global provider of wireless network solutions, today announced the successful completion of its acquisition of Corning Incorporated’s (NYSE:GLW) wireless business.

With the acquisition now finalized, Airspan assumes full ownership and operational control of Corning’s wireless assets, including its 6000 and 6200 distributed antenna systems (DAS) and its SpiderCloud 4G and 5G small cell radio access network (RAN) portfolio. The deal also adds valuable intellectual property and strengthens Airspan’s team with experienced wireless professionals.

To lead this strategic expansion, Airspan has appointed Amit Jain, a seasoned wireless industry veteran and former leader at Corning and SpiderCloud, as Senior Vice President and General Manager of In-Building Networks.

"This acquisition positions Airspan with an unmatched in-building wireless portfolio," said Amit Jain, SVP and GM, In-Building Networks at Airspan. "By uniting Corning’s trusted DAS and small cell solutions with Airspan’s proven expertise in public and private network deployments—backed by over one million radios shipped globally—we’re ready to deliver the future of indoor wireless connectivity. It’s an exciting new chapter for our customers and team."

About Airspan

Airspan Networks Holdings LLC is a U.S.-based provider of wireless network solutions and a recognized leader in Open RAN. Airspan has extensive expertise in the design of carrier-grade wireless networks and has shipped more than 1 million radios globally to over 1,000 customers.

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.

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Media Contact:

Kyle Allen

mediarelations@airspan.com

+1 561-893-8670

Source: Airspan Networks Holdings Inc.