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NextWave and Airspan Unveil the Next Phase of Revolutionary Private Network Expansion in Major U.S. Cities

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Airspan Networks Holdings Inc. and NextWave are expanding their private network rollout across the United States, utilizing NextWave's valuable 2.5 GHz Band 41 spectrum. The project aims to provide wide-area coverage with tailored flexibility and security, targeting essential services like transportation and public safety. The collaboration between the two companies sets new standards for private networks, emphasizing innovation and service quality.
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The expansion of Airspan Networks Holdings Inc.'s private network, in partnership with NextWave, marks a significant step in the evolution of 5G infrastructure. The strategic decision to deploy 120 base stations and the use of 50MHz of 2.5 GHz Band 41 spectrum is indicative of the company's focus on providing high-capacity, low-latency connectivity, which is essential for modern urban environments.

The dedicated spectrum for customer use and the advanced overlay network suggest a competitive edge in offering specialized services that major network operators may not provide. This could lead to new business models and revenue streams, particularly in sectors that require reliable and secure communication channels, such as transportation and public safety.

From an investment perspective, this rollout could potentially increase Airspan's market share and create shareholder value. However, the success of this expansion will depend on the execution and the company's ability to maintain service quality as they scale.

The expansion into major US cities positions Airspan Networks and NextWave to tap into a growing demand for private networks that offer security and tailored services beyond what is available through public networks. This demand is partly driven by the rise of smart cities, IoT devices and the increasing need for data-driven decision-making in urban planning and infrastructure management.

Furthermore, the emphasis on an overlay network that rivals the coverage of major network operators suggests a strategic move to address the gaps in current market offerings. This could disrupt the conventional telecom industry by providing a viable alternative to traditional MNO services, potentially affecting the market dynamics and leading to a shift in consumer and enterprise preferences.

The financial implications of Airspan's network expansion are multifaceted. The initial investment in infrastructure, including base stations and spectrum acquisition, is substantial. However, the long-term return on investment hinges on the company's ability to convert the technological advantages into sustainable profit margins.

Investors should monitor the adoption rate of Airspan's services following the rollout, as well as the operational costs associated with maintaining and expanding the network. The company's ability to capitalize on its unique spectrum allocation and to differentiate its services from those of established MNOs will be critical in assessing its financial health and growth trajectory.

It is important to note that while the expansion is ambitious, the telecommunications sector is known for its high entry barriers and intense competition. Thus, the execution of this expansion and the market's response will be closely watched by stakeholders.

BOCA RATON, Fla.--(BUSINESS WIRE)-- Airspan Networks Holdings Inc., a provider of ground-breaking, disruptive software and hardware for 5G networks and a pioneer in end-to-end Open RAN solutions is thrilled to announce the next phase of an ambitious private network rollout that promises to redefine connectivity standards across the United States.

In the first phase, NextWave achieved significant milestones by establishing a robust foundation with 120 base stations in the New York metro area to provide a wide area private network, a testament to the innovative vision both companies share. As we pivot to the next chapter, our sights are set on expanding this pioneering network to new frontiers, including Los Angeles, San Francisco, Las Vegas, Philadelphia, and Dallas, bolstering our commitment to delivering unparalleled communication solutions.

Central to this expansion is the strategic utilization of NextWave's 50MHz of 2.5 GHz Band 41 spectrum, a rare and valuable asset in today's congested digital landscape. With 20MHz dedicated exclusively to customer use and another 20MHz earmarked for an advanced overlay network. The overlay network is a game-changer, designed to offer seamless, wide-area coverage akin to that provided by major network operators (MNOs), but with the tailored flexibility and security that only a private network can offer. This overlay ensures that essential services such as transportation, public safety, and critical infrastructure operate with uninterrupted connectivity, showcasing a commitment to reliability and performance.

Frank Cassou, President and CEO of NextWave, expressed enthusiasm for the project's next phase, stating, "With this expansion, we're not just building a network; we're crafting a backbone for the future of urban mobility and connectivity. Our dedicated 2.5 GHz spectrum allocation allows us to deliver a service that stands in a league of its own."

Echoing this sentiment, Henrik Smith-Petersen, Chief Sales & Marketing Officer at Airspan, highlighted the vision behind the collaboration: "Our partnership with NextWave epitomizes innovation. By leveraging our combined strengths, we're setting new standards for what private networks can achieve, ensuring our customers enjoy unparalleled service quality and reliability."

As we gear up for the upcoming event in Mobile World Congress Barcelona, the spotlight is on this transformative project, underscoring a shared commitment to pushing the boundaries of technology and service.

About Airspan

Airspan Networks Holdings Inc. 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), Air-To-Ground, Neutral Host Networks and Utilities 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.

About NextWave

NextWave is a private network operator, offering secure and reliable mobile broadband services to industrial and enterprise users through its affiliates and subsidiaries. 4G and 5G private network offerings are delivered on 2.5 GHz Band 41, which NextWave controls in the New York, Los Angeles, San Francisco, Philadelphia, Dallas, and Las Vegas metropolitan areas. More information about NextWave’s private network services may be found at www.NextWave5G.com.

Media Contact:

mediarelations@airspan.com

Investor Relations Contact:

Brett Scheiner

+1 561-893-8660

IR@airspan.com

Source: Airspan Networks Holdings Inc.

FAQ

What is the focus of Airspan Networks Holdings Inc. and NextWave's collaboration?

The focus of the collaboration is on expanding a private network rollout across the United States using NextWave's 2.5 GHz Band 41 spectrum.

How many base stations were established in the New York metro area in the first phase of the project?

In the first phase, 120 base stations were established in the New York metro area.

What areas are targeted for expansion in the next phase of the project?

The areas targeted for expansion include Los Angeles, San Francisco, Las Vegas, Philadelphia, and Dallas.

What is the unique feature of the overlay network in the project?

The overlay network offers seamless, wide-area coverage with tailored flexibility and security, ensuring uninterrupted connectivity for essential services.

Who expressed enthusiasm for the project's next phase in the press release?

Frank Cassou, President and CEO of NextWave, expressed enthusiasm for the project's next phase.

Airspan Networks Holdings Inc.

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