TVCable of Ecuador Selects Airspan

BOCA RATON, FL -- (MARKET WIRE) -- November 8, 2006 -- Airspan Networks Inc. (NASDAQ: AIRN), a leading worldwide provider of broadband wireless access networks, including WiMAX standard systems, and carrier class VoIP systems, today announced that the TVCable Group, Ecuador's largest cable operator, has selected Airspan for its WiMAX network expansion in the 3.5GHz frequency band. The first phase of the network implementation has been installed, and WiMAX-based services are commercially available in Guayaquil. Future network expansions are being planned for country-wide WiMAX coverage.

TVCable is Ecuador's largest cable TV operator and one of the largest telecommunications services providers in that country. The company offers a broad portfolio of services that include voice, data and video to the enterprise and to consumer markets in Ecuador. TVCable is the owner of 3.5GHz frequency bands nationwide, and chose Airspan after undertaking extensive field trials on that frequency with Airspan's MacroMAX WiMAX platform utilizing Airspan's ProST and EasyST CPEs to provide broadband services to its customers outside the reach of its cable network. The trials demonstrated that MacroMAX was best suited to meet TVCable's requirements for a high degree of Quality of Service (QoS) management, VoIP-over-WiMAX, management and remote diagnosis, and monitoring of widely dispersed base stations. TVCable has plans to service a few thousand customers initially over its new WiMAX platform.

Jorge Schwartz, CEO of TVCable, commented: "We thoroughly tested Airspan's WiMAX technologies as well as products of a number of other manufacturers over a long period of time to determine the best fit for our needs. We have chosen Airspan's ASMAX products for their robust feature-set, reliability over time, performance and future evolution path."

"We have worked closely with TVCable in its field trials and we are pleased to continue our support of TVCable with our exciting new ASMAX products," said Amit Ancikovsky, Airspan's Vice President & General Manager, Americas. "TVCable certainly has what it takes to establish itself as a leader in WiMAX-based services in the country and we are grateful for the opportunity to be their vendor of choice."

About TVCable

The TVCable Group, a privately held corporate group operating in Ecuador, started its operations in 1987 introducing cable television to Ecuador's major cities. The Group branched into leased lines and ISP services utilizing SDH data networks and today is a leader in both video, data and voice services in the country. The Group is also an owner of an exclusive 3.5GHz FWA license and operates the first WiMAX network in the country. More information can be found at www.tvcable.com.ec

About Airspan Networks Inc.

Airspan Networks provides fixed and wireless voice and data systems and solutions, including Voice Over IP (VoIP). Its wireless products serve operators around the world in both licensed and unlicensed frequency bands between 700MHz and 6GHz, including both PCS and 3.5GHz international bands. Airspan has a strong wireless product roadmap that includes products meeting 802.11 a/b/g Wi-Fi standards, and WiMAX Forum Certified™ equipment that includes software upgradeability to Mobile WiMAX (the 802.16e-2005 standard). Airspan is on the Board and is a founder member of the WiMAX Forum and a member of the Wi-Fi Alliance. The Company has deployments in more than 100 countries with more than 400 operators, 100 of which use Airspan's WiMAX Forum Certified™ and non-certified products. Airspan's wireless systems are based on radio technology that delivers excellent area coverage, high security and resistance to fading. These systems can be deployed rapidly and cost effectively, providing an attractive alternative to traditional wired communications networks. Airspan's AS.TONE VoIP system is a carrier class, turnkey solution that provides carriers with Class 4, Class 5 and IP-Centrex solutions and has a Softswitch and Gateways supporting SIP/H323 and SIP. AS.TONE's design provides customers, carriers, next-generation telcos, cellular providers and ITSP with a wide range of solutions with the best price/performance system for IP telephony. Airspan also offers radio planning, network installation, integration, training and support services to facilitate the deployment and operation of its systems. Airspan is headquartered in Boca Raton, Florida with its main operations center in Uxbridge, United Kingdom.

More information on Airspan can be found at http://www.airspan.com

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Contact Information: For Investment and Media Inquiries, contact: Peter Aronstam Senior Vice President & Chief Financial Officer Airspan Networks Inc. Tel: +1 561 893-8682 Fax: +1 561 893-8681 Email: Email Contact