Airspan Networks Adds New President and COO, Glenn Laxdal to Execute Growth Strategy and Scale Business

Rhea-AI Summary

Airspan Networks Holdings Inc. (NYSE American: MIMO) has announced the appointment of Glenn Laxdal as President and COO to enhance its operations and growth strategy. With over 25 years of experience in the wireless and software industries, Laxdal will oversee operations, customer service, and product management. CEO Eric Stonestrom emphasized the importance of leadership in executing aggressive growth plans in the 5G market. The company aims to capitalize on opportunities in 5G, Open RAN, and Fixed Wireless Access, having shipped over one million cells globally.

Positive

• Appointment of experienced executive Glenn Laxdal as President and COO to enhance operations and growth.
• Focus on 5G, Open RAN, and Fixed Wireless Access positions Airspan well in emerging markets.
• Established global presence with over one million cells shipped to 1,000 customers across 100 countries.

Negative

• None.

Deepening Executive Team to Increase Scale and Market Reach to address Growth Opportunities

BOCA RATON, Fla.--(BUSINESS WIRE)-- Airspan Networks Holdings Inc. (NYSE American: MIMO), a U.S.-based provider of groundbreaking, disruptive software and hardware for 5G networks, has hired Glenn Laxdal as President and Chief Operating Officer. Overseeing the Company’s Operations, Customer Service and Product Management divisions, along with the Broadband Mimosa division, Glenn will be responsible for accelerating and executing the company’s revenue and growth strategy.

New Airspan Networks President and COO Glenn Laxdal. (Photo: Business Wire)

Laxdal is a senior technology executive with over 25 years of global experience in the wireless, software and computing industries, most recently at Infinera. He has also held senior leadership positions at Ericsson, Blackberry, and Nortel. Laxdal has an established track record of attracting, recruiting and advising senior leadership teams and has led global businesses driving profitability and long-term value.

“Bringing on the right leaders with the ability and experience to execute on our aggressive plans is a critical component of our strategy for long-term, sustainable growth,” said Airspan CEO Eric Stonestrom. “Glenn has deep expertise in RAN, working with mobile network operators and understanding the needs of enterprises. He and the other executives who have recently joined the Airspan team are some of the best talent in the industry. They are all focused on accelerating our plans to grow revenue and market share to take advantage of the tremendous market opportunities for 5G, Open RAN, Private Networks and Fixed Wireless Access (FWA) solutions.”

“Airspan is a global leader in 5G networks, wireless broadband, WiFi solutions, and related software and automation capabilities,” said Laxdal. “I am excited by the opportunity to build on that foundation, intensify our customer focus and grow our solutions to capitalize on the emerging growth opportunities.”

In addition to hiring Laxdal, long-time Airspan executive Uzi Shalev has been appointed Chief Technology Officer and will continue to lead the company’s R&D operations.

About Airspan

Airspan Networks Holdings Inc. (NYSE American: MIMO) is a U.S.-based provider of groundbreaking, disruptive software and hardware for 5G networks, and a pioneer in end-to-end Open RAN solutions that provide interoperability with other vendors. As a result of innovative technology and significant R&D investments to build and expand 5G solutions, Airspan believes it is well-positioned with 5G indoor and outdoor, Open RAN, private networks for enterprise customers and industrial use applications, fixed wireless access (FWA), and CBRS solutions to help mobile network operators of all sizes deploy their networks of the future, today. With over one million cells shipped to 1,000 customers in more than 100 countries, Airspan has global scale. For more information, visit www.airspan.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220127005425/en/

Howie Waterman

Head of Media Relations

hwaterman@airspan.com

917-359-5505

Source: Airspan Networks Holdings Inc.

FAQ

Who is the new President and COO of Airspan Networks?

Glenn Laxdal has been appointed as the new President and COO of Airspan Networks.

What are the key responsibilities of Glenn Laxdal at Airspan Networks?

Glenn Laxdal will oversee Operations, Customer Service, and Product Management, focusing on accelerating revenue and growth strategies.

What growth opportunities is Airspan Networks focusing on?

Airspan Networks is concentrating on 5G, Open RAN, Private Networks, and Fixed Wireless Access solutions.

How many cells has Airspan Networks shipped globally?

Airspan Networks has shipped over one million cells to more than 1,000 customers in over 100 countries.

What is the stock symbol for Airspan Networks Holdings Inc.?

The stock symbol for Airspan Networks Holdings Inc. is MIMO.