BOCA RATON, Fla. – Airspan Networks Holdings LLC has announced a definitive agreement to acquire Corning Incorporated’s wireless business.
The deal, which is subject to regulatory approval, is expected to close in the first quarter of 2025.
This acquisition will significantly enhance Airspan’s portfolio and strengthen its leadership in providing in-building connectivity solutions.
Corning’s wireless business includes its 6000 and 6200 distributed antenna systems (DAS) and its SpiderCloud 4G and 5G small cell radio access network (RAN) products. These offerings complement Airspan’s existing small cell solutions for neutral-host coverage and private networks, creating a comprehensive suite of in-building wireless options.
With the outdoor 5G network buildout nearing completion, Airspan anticipates increased demand for high-quality indoor 5G coverage.
This acquisition strategically positions Airspan to capitalize on this growing market. Corning’s wireless business brings a strong product portfolio with over 10,000 installations, established relationships with major mobile operators and enterprises, a seasoned team, and a valuable patent portfolio.
This acquisition is a strategic step for Airspan, reinforcing our leadership in in-building connectivity and expanding our ability to serve enterprises and mobile network operators, As we integrate this business, our focus is on delivering a smooth transition for our customers while unlocking new opportunities for innovation.
said Glenn Laxdal, President and CEO of Airspan
Airspan is committed to ensuring a seamless transition for customers, distributors, and partners, with uninterrupted support for existing deployments and a focus on future innovation.
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