SOURCE: Airspan Networks Inc.
BOCA RATON, FL--(Marketwire - Oct 11, 2012) - Airspan Networks Inc., a leading provider of broadband wireless access networks, announced today that it has received certification from the Russian Federal Agency for Communications (Rossvyaz) for the Air4G line of products for 4G LTE network deployments throughout Russia.
This certification grants operators and carriers the authority to deploy 4G LTE networks with Airspan's Air4G base stations in the 2.3-2.7 GHz band as well as the addition of micro and pico WiMAX base stations in the 3.3-3.7 GHz band. Macro WiMAX certification was acquired previously and LTE certification for the 3.x GHz band products will be attained as soon as the ministry approves LTE operation in this band and establishes a certification process.
The Air4G product is a powerful, compact, macro cell base station that enables operators to boost capacity and coverage significantly in a 4G network, delivering extremely high-speed broadband service to customers. Air4G is capable of operating either 4G LTE or Mobile WiMAX, or running both platforms concurrently. This is a unique feature which allows current customers, who have deployed a mobile WiMAX network, to seamlessly transition to an LTE network with a software-only upgrade, mitigating the need for hardware replacement and new network management tools. This also enables customers wishing to deploy 4G in the 3.x band today, to deploy a WiMAX network, build a customer base, and migrate to LTE when approved by the Russian Ministry.
Air4G supports a number of LTE features, including advanced antenna technologies, which support an efficient and cost-effective network. Operators can now meet the growing demand for high-speed, 4G connectivity with increased customer use of applications such as gaming, social networking and video for mobile devices.
"Airspan is aggressively pursuing a central role in the Russian 4G market. The most comprehensive range of 4G products, paired with key strategic partnerships, is positioning Airspan for a series of wins in the Russian market," commented Amit Ancikovsky, President of Products and Sales. "This new 4G LTE certification provides a needed vehicle to help Airspan continue our course and drive additional revenues from this growing market."
Airspan continues to expand its portfolio for the Russian market, offering the broadest frequency range and most robust solutions to provide customers with the flexibility to meet their diverse 4G deployment needs.
Airspan solutions address the needs of carriers, operators and industrial applications across the globe. With a comprehensive suite of 4G base stations, user devices and core network products, Airspan provides a solution for any wireless network. Airspan solutions cover a variety of frequency bands ranging between the 150 MHz and the 6 GHz band.
About Airspan Networks Inc.
Airspan (PINKSHEETS: AIRO) is a leading 4G wireless solution provider. With over 500 customers in over 100 countries and as a top vendor for carrier-class broadband wireless solutions, Airspan is recognized as a leader and pioneer in 4G and broadband wireless technologies. Providing an expansive product portfolio, Airspan offers customers the widest selection of 4G products in the industry with an unsurpassed level of technology to benefit their business case. Airspan has solutions spanning the 700 MHz to 6 GHz frequency bands. www.airspan.com
Oak Investment Partners XI, Limited Partnership holds a controlling interest in Airspan. Airspan is not subject to the informational reporting requirements of the Securities Exchange Act of 1934 and, accordingly, does not file reports, financial statements, proxy statements, information statements or other information with the Securities and Exchange Commission. This press release contains forward-looking statements. All statements, other than statements of historical facts, including statements regarding our strategy, future operations, financial position, future revenues, projected costs, prospects, plans and objectives of management, may be deemed to be forward-looking statements. The words "anticipates," "believes," "estimates," "expects," "intends," "may," "plans," "projects," "will," "would" and similar expressions or negative variations thereof are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from the plans, intentions and expectations disclosed in the forward-looking statements we make. Investors and others are therefore cautioned that a variety of factors, including certain risks, may affect our business and cause actual results to differ materially from those set forth in the forward-looking statements. We do not assume any obligation to update any forward-looking statements.