PR83401

BOCA RATON, Florida, March 25, 2020/PRNewswire=KYODO JBN/ --

Airspan Networks and Altiostar Networks announced today a partnership for

accelerating the commercialization of Open RAN 4G and 5G platforms.

This partnership will combine the proven expertise of Airspan to deploy compact

and intelligent form factors for radio solutions at scale with Altiostar's proven

expertise next generation virtualized RAN (vRAN) solutions.

The partnership is born out of real-world field experience and successful

integration of thousands of sites in the world's first commercial Open cloud-scale

web-based virtualized RAN network in Japan. Together the companies will enable

network operators all over the world to take advantage of fully virtualized cloud

native network architectures utilizing Altiostar's Open vRAN solution with Airspan's

OpenRANGE platform. Open RAN architectures completely change the status quo

for mobile network economics by reducing CapEx and OpEx costs up to 40%,

according to a 2019 study conducted by Strategy Analytics.

The multi-vendor open architecture value proposition of a fully cloud native

virtualized network will allow operators to select partners like Airspan and

Altiostar that specialize in the bleeding edge of their respective fields at a

level of granularity that was never before possible with one-stop-shop

traditional RAN vendors. By creating this level of focus and removing vendor

lock-in, Airspan and Altiostar are driving a paradigm shift in network

features, innovation and economics that will translate to improved user

experience at lower cost.

"Airspan has a proven ability to disrupt deployment strategies. Open RAN

disaggregated network architectures for mobile networks provides us another

opportunity to innovate the way networks are deployed and we are proud to

partner with another visionary US company and disrupt monolithic large vendor

lock-in." said Henrik Smith-Petersen, Chief Sales & Marketing Officer Airspan Networks.

"We are excited to bring our field-proven collaboration with a US innovator

like Airspan to solve 4G and 5G network challenges through the introduction of

cloud-scale into mobile networks, enhanced network intelligence and simplified

network automation for rollouts for service providers. Together with Airspan,

we are helping service providers reach their 4G and 5G deployment goals." said

Thierry Maupile, Executive Vice President, Strategy and Product Management for Altiostar.

About Airspan:

Airspan is a US based multi-award winning 4G & 5G RAN vendor that supports

cloud native open architectures and boasts close to one million cells deployed

in the most cutting-edge tier 1 networks and vertical applications across the

globe. With an expansive product portfolio of indoor and outdoor, compact

Femto, Pico, Micro and Macro base stations. The perfect tool kit to exploit the

full potential of technologies such as mmWave, Sub 6GHz, Massive MIMO and open

V-RAN architectures. As well as an industry leading fixed wireless access and

backhaul solution portfolio for PTP and PTMP applications.

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 may

contain forward-looking statements. This press release may contain forward-looking

statements. For information about forward-looking statements visit www.airspan.com/fls

About Altiostar:

Altiostar a US based company, provides 4G and 5G virtualized RAN software

solution that supports open interfaces and disaggregates the hardware from the

software to build an open multi-vendor web-scale network. This solution

supports a wide variety of solutions including macro and small cells, indoor

and outdoor, enabling interference management, carrier aggregation and dual

reception to improve the efficiency of the network and enhances the Quality of

Experience for the user while providing broadband speeds. Operators can add

intelligence, quickly adapt the software for different services and automate

operations to rapidly scale the network.

Logo: https://mma.prnewswire.com/media/954159/Airspan_Logo.jpg

Logo: https://mma.prnewswire.com/media/1137109/Altiostar_Logo.jpg

For Media Enquiries:

Damiano Coletti,

+1-561-893-8670

mediarelations@airspan.com

SOURCE: Airspan Networks