Airspan Revolutionizes Utilities Market with Groundbreaking End-to-End Solution
January 17 2024 - 8:41AM
Business Wire
Airspan to become a key player on the new 450MHz spectrum
with vRAN solution
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 delighted to announce its
strategic entry into the Utilities market. With a pioneering
end-to-end solution, Airspan is set to revolutionize the industry
by offering a comprehensive package that includes the consumer
device, the RAN (Radio Access Network), and the core network,
seamlessly controlled by a single software platform.
Airspan has formed a strategic partnership with GCT
Semiconductor, Inc. (“GCT”), a leading fabless designer and
supplier of advanced LTE, IoT and 5G semiconductor solutions, to
develop a state-of-the-art RF module, designed to be utilized
across a diverse range of devices. In addition, Airspan is
introducing a new family of vRAN radios that cover the sub 1GHz
spectrum. Complementing these hardware advancements, Airspan will
also provide a scalable virtual core network. All these
cutting-edge components will be managed by a unified software
platform that seamlessly integrates with customers' existing legacy
management systems. The solution is modular, meaning that it can be
purchased as a whole or as individual parts to be integrated with
existing infrastructure. This comprehensive solution empowers
utilities companies to optimize their operations and leverage their
current infrastructure while embracing the latest advancements in
wireless technology.
In a move to further strengthen its commitment to the Utilities
market, Airspan has joined forces with the 450MHz Alliance. This
partnership will enable Airspan to actively support and promote the
utilization of the 450MHz spectrum for the utilities sector. By
leveraging this spectrum, Airspan aims to enhance the efficiency
and reliability of communication networks, enabling utilities
companies to optimize their operations and deliver improved
services to end-users.
"We are incredibly excited to strengthen our position into the
Utilities market," said Henrik Smith-Petersen, CSMO at Airspan.
"Our end-to-end solution, combined with our partnership with GCT
and membership in the 450MHz Alliance, positions Airspan as a key
player in delivering cutting-edge wireless solutions for the
utilities sector. We are committed to providing utilities companies
with the tools they need to enhance their operations and meet the
evolving demands of their customers."
"This builds upon 8 years of co-developing products for the US
and beyond," said Alex Sum, SVP of Sales & Marketing at GCT.
"Our enduring partnership with Airspan, which now includes our new
5G chipset, has paved the way for groundbreaking innovation. We are
very excited to participate with Airspan in the utilities sector
with what we believe is a game-changing end-to-end solution that
promises unparalleled performance and reliability."
“We are thrilled to witness the collaboration between Airspan
Networks and GCT Semiconductor. This partnership epitomizes the
innovative spirit and technical excellence our members bring to the
telecommunications industry," said Igor Virker, Managing Director
of the 450 MHz Alliance. “As members of our alliance, Airspan /GCT
solution is not only aligns with our mission to advance the
capabilities of the 450 MHz spectrum but also sets a new benchmark
for excellence within our industry."
Airspan's first general availability product is set to make its
debut in the third quarter of 2024, marking a significant milestone
in our journey. Be sure to visit us at Hall 2 - 2E20 during MWC
2024 for an exclusive sneak preview of our cutting-edge RAN product
and comprehensive end-to-end solution for the utilities market.
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), Air-To-Ground 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.
About GCT Semiconductor, Inc.
GCT Semiconductor is a leading fabless designer and supplier of
advanced 5G and 4G LTE semiconductor solutions. GCT’s market-proven
solutions have enabled fast and reliable LTE connectivity to
numerous commercial devices such as smartphones, tablets, hotspots,
USB dongles, routers, M2M applications, etc., for the world’s top
carriers. GCT’s system-on-chip solutions integrate radio frequency,
baseband modem and digital signal processing functions, therefore
offering complete 4G and 5G platform solutions with small form
factors, low power consumption, high performance, high reliability
and cost effectiveness. For more information, visit
www.gctsemi.com.
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Media Contact: mediarelations@airspan.com
Investor Relations Contact: Brett Scheiner +1
561-893-8660 IR@airspan.com
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