Airspan to Partner With Rakuten Mobile

TOKYO, Sept. 6, 2019 /PRNewswire/ -- Airspan Networks announced today its partnership with Rakuten Mobile, a subsidiary of Rakuten, Inc., a global leader in internet services headquatered in Tokyo, bringing 5G mmWave and rural connectivity solutions to drive network efficiency and enhance the mobile user experience.

Airspan's open RAN platforms will provide Rakuten Mobile the flexibility to disrupt the economics of traditional network operators and lay the foundation for transformational 5G architectures. With over half a million systems deployed globally, Airspan brings its proven disruptive economics to the fully virtualized Rakuten Mobile network.

"We are thrilled to partner with Airspan to build Japan's newest mobile network," said Tareq Amin, Chief Technology Officer of Rakuten Mobile. "Their innovative 4G and 5G solutions and form factor will allow Rakuten Mobile to rapidly scale our deployment.

"We are very proud of the innovations we have delivered to the market over the past few years our 5G partnership with Rakuten Mobile is an important milestone for the industry as we continue to disrupt network deployment economics. The scalability of our OpenRange28 platform will allow Rakuten Mobile to monetize their 5G network at a fraction of the cost of traditional network deployments and at an accelerated time-to-market." said Henrik Smith-Petersen, Airspan's Chief Sales & Marketing Officer.

Airspan's mmWave virtualized Air5G OpenRange28 platform utilizes Qualcomm's FSM100xx 5G chipset and supports open RAN architectures, seamlessly connecting to Rakuten Mobile's virtualized BBU to deliver the world's most advanced open interface virtualized RAN solution.  The OpenRange28 mmWave platform supports multiple functional splits for the widest possible set of deployment options, ensuring Rakuten Mobile customers benefit from the highest level of efficiency and the best user experience in Japan. 

"Airspan is proud to support Rakuten Mobile with their ground breaking wireless connectivity vision that will not only improve convenience for their users, but also create new business opportunities to solve social issues, truly unleashing the potential of 5G for Japan" said Eric Stonestrom, CEO Airspan Networks Inc.

About Airspan Networks Inc.:

Airspan (OTC PINK: AIRO) is a leading 4G and 5G RAN solution provider, with over 1000 customers in over 100 countries. Airspan is regularly recognized as a leader and pioneer in RAN and innovative Backhaul solutions. Airspan has an expansive product portfolio, which includes indoor and outdoor small cells, and all-outdoor, compact Micro and Macro base stations, a variety of user devices and network optimization products. These connectivity solutions operate in bands from Sub-6GHz to Millimeter wave. www.airspan.com

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.

For Media Enquiries:
Damiano Coletti
+1-561-893-8670
mediarelations@airspan.com

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