SOURCE: Airspan Networks Inc.

Airspan Networks Inc.

April 28, 2011 08:33 ET

Airspan Announces Ulusnet Mongolia 4G Network Expansion

Delivering 4G Broadband Services to Mongolian Residents and Businesses

BOCA RATON, FL--(Marketwire - Apr 28, 2011) - Airspan Networks Inc., a leading provider of broadband wireless access networks, announced today the expansion by Ulusnet, Mongolia, of their 4G broadband network.

Ulusnet launched its WiMAX network in 2007 and has been serving residential, business and government customers with high-speed broadband services since. With a successful business in place, Ulusnet is meeting the growing demand for broader coverage, as well as faster and more mobile services by expanding its existing network with Airspan infrastructure.

The Ulusnet network consists of a combination of Airspan micro and macro-cell equipment to gain the right type of connectivity where needed. Operating in the 2.5 GHz frequency, Ulusnet leverages the Airspan Air4G base station's compact footprint, powerful technology, fractional frequency reuse (FFR) features and the network management system to operate an efficient, low-cost network.

The majority of the network is located in the city of Ulaanbaatar, the capital and largest city in Mongolia and home to about 38% of the nation's population. The new expansion will continue to serve the city as well as target some of the more rural countryside.

"Airspan has served us well for several years," commented Ulusnet CEO Byambatseren Davaakhuu. "We have a strong partnership that supports our rapidly growing network. Mongolia is one of the fastest growing economies in Asia and with a growing economy comes a higher demand for high-speed connectivity. Ulusnet is well positioned to continue to serve Mongolian resident and commercial customers with 4G data and voice services."

Amit Ancikovsky, President of Products and Sales for Airspan, added, "Ulusnet has shown impressive growth and has managed their business intelligently. This operator is a prime example of how Airspan helps customers succeed in emerging markets. Airspan infrastructure has been an ideal match for Ulusnet, offering the right coverage, capacity and range to meet their business objectives and support their growth."

Airspan is displaying its 4G solutions at the Caspian Telecoms show April 28-29 in Istanbul, Turkey.

About Ulusnet LLC

The first WiMAX service provider in Mongolia, Ulusnet LLC was founded on March 18, 2005 as a joint-venture company with Mobicom Corporation, the largest mobile operator of Mongolia. Ulusnet main business activities include information technology services based on WiMAX technology. Ulusnet LLC is a new provider of consumer and business internet services through a number of products, including U-home, U-office, U-royal and U-card. The company's communications services include Internet access, Virtual Private Network (VPN), email, web hosting, server collocation VoIP over WiMAX. Ulusnet LLC is headquartered in Ulaanbaatar, Mongolia. For more information about Ulusnet LLC, please visit http://www.ulusnet.mn

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.

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.

Contact Information

  • For media inquiries, contact:
    Dori Erann
    Senior Director Marketing Communications
    Airspan Networks Inc.
    Tel. +1 561.893.8687
    Email: derann@airspan.com