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Vodacom
Lesotho Selects Airspan's WiMAX Solutions
Other Topics: Mobile
WiMAX Test Solution, WiMAX Media
Gateway Solutions, Google WiMAX
deal with Sprint and Clearwire
Airspan Networks Inc.
April 21, 2008
Boca Raton, FL -- Airspan Networks Inc. (NASDAQ: AIRN), a leading
worldwide provider of WiMAX based broadband wireless access networks,
today announced that Vodacom Lesotho, a subsidiary of Vodacom Group has
selected Airspan as its preferred WiMAX supplier. Airspan will supply
its MicroMAX base stations in the 3.3 - 3.5 GHz frequency band in
addition to CPEs (customer premise equipment). The contract is through
Airspan's reseller partner, TVS. |
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Vodacom is a
Pan-African cellular communications company providing a world class GSM
service to more than 23 million customers in South Africa, Tanzania, the
Democratic Republic of the Congo, Lesotho and Mozambique. Vodacom South
Africa launched its 3G network in December 2004 and its 3G HSDPA network
in March 2006. Vodacom Lesotho launched its commercial operations in May
1996 and is considered to be of strategic geographic importance to the
Vodacom Group.
Vodacom Lesotho currently holds 80% of the GSM market in Lesotho and has
more than 400,000 subscribers. They will use Airspan's WiMAX solution to
introduce high quality IP data services to their current subscriber base
as an alternative to fixed line broadband access. Airspan's solution is
ideal for rapid deployment especially in the rural areas where
traditional cable infrastructure is challenging to deploy. However, in
compliance with its license requirements, VoIP service will not be
offered by Vodacom Lesotho.
"This contract win once again highlights the flexibility and scalability
of Airspan's base stations and CPEs. Our WiMAX solution will enable
Vodacom Lesotho to offer world class data services at more affordable
rates to the fixed line alternatives currently available in the Lesotho
market," commented Anders Rendahl, Airspan's Senior Vice President of
Sales and General Manager of EMEA.
Airspan's MicroMAX system provides a low-cost,
high-performance point-to-multipoint IEEE 802.16 compliant solution.
This OFDM based architecture is suited to deliver high-speed data, Voice
Over IP (VoIP), and multimedia services to residential, SOHO (small
office/home office), and SME (small medium enterprise). MicroMAX offers
service providers an integrated access solution, providing
quick-to-market deployment and low-market entry cost for broadband
services in an expandable "pay as you grow" model.
About TVS
TVS is a Johannesburg, South Africa based systems integrator with
operations more than 15 African countries, specializing in
infrastructure design and implementation. TVS has built a solid track
record in the Southern African region for delivering world class systems
to Telco's and Celco's alike.
About Airspan Networks Inc.
Airspan is the industry's leading WiMAX pure
player, ranked #1 for IEEE802.16-2004 WiMAX revenue in 2007 and has now
been selected for some of the world's largest mobile WiMAX deployments.
With direct sales offices throughout Asia, EMEA and the Americas, a
worldwide network of resellers and agents, and partnership alliances
with major OEMs, Airspan boasts over 100 commercial WiMAX deployments
worldwide. www.airspan.com.
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. All statements, other than
statements of historical facts, including statements regarding our
strategy, future operations, financial position, future revenues,
projected costs, prospects, plans and objectives of management, may be
deemed to be forward-looking statements. The words "anticipates,"
"believes," "estimates," "expects," "intends," "may," "plans,"
"projects," "will," "would" and similar expressions or negative
variations thereof are intended to identify forward-looking statements,
although not all forward-looking statements contain these identifying
words. We may not actually achieve the plans, intentions or expectations
disclosed in our forward-looking statements and you should not place
undue reliance on our forward-looking statements. There are a number of
important factors that could cause actual results or events to differ
materially from the plans, intentions and expectations disclosed in the
forward-looking statements we make. Investors and others are therefore
cautioned that a variety of factors, including certain risks, may affect
our business and cause actual results to differ materially from those
set forth in the forward-looking statements. The Company is subject to
the risks and uncertainties described in its filings with the Securities
and Exchange Commission, including its Annual Report on Form 10-K for
the year ended December 31, 2007 and in the Company's 2007 Quarterly
Reports on Form 10-Q. You should read those factors as being applicable
to all related forward-looking statements wherever they appear in this
press release. We do not assume any obligation to update any
forward-looking statements. |
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