PLANO, Texas--(BUSINESS WIRE)--Airspan Networks Holdings LLC ("Airspan†), a leading global provider of wireless network solutions, today announced the opening of its new corporate headquarters in Plano, Texas. The 25,000-square-foot facility represents a strategic investment and marks an important step in the company's long-term growth strategy. The new headquarters will employ up to 150 people in R&D, Engineering, Customer Support, Sales and corporate functions and will serve as a center for global colla ...

Expansion includes new RF chamber and two additional customer labsCHANDLER, Ariz., April 3, 2025 /PRNewswire/ -- VIAVI Solutions Inc. (VIAVI) (NASDAQ: VIAV) today announced that it has expanded its VIAVI Automated Lab-as-a-Service for Open RAN (VALOR™) testing facility with an RF-shielded anechoic chamber and two additional customer labs. Based in Chandler, Arizona, the VALOR Lab offers a highly automated, open and impartial Lab-as-a-Service / Test-as-a-Service suite for Open RAN interoperability, performan ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-39679 Airspan Networks Holdings Inc. (Exact name of registrant as specified in its charter) | --- | --- | --- | --- | --- | --- | --- | --- | |- ...

ETS-Lindgren is the world leader for wireless OTA performance testing of wireless subscriber devices and in the development of significant intellectual property in wireless OTA measurement. The company helped develop the industry's first OTA measurement plan, and pioneered the world's first CTIA Authorized Test Lab for mobile station OTA performance testing. ETS-Lindgren's facilities and expertise complements VIAVI's Open RAN Test Suite especially in the areas of OTA testing of O-RUs and end-to-end testing ...

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR For the transition period from ___________ to ___________ Airspan Networks Holdings Inc. (Exact name of registrant as specified in its charter) | Delaware | 001-39679 | 85-2642786 | | --- | --- | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Airspan Networks Holdings Inc. (Exact name of registrant as specified in its charter) | Delaware | 001-39679 | 85-2642786 | | --- | --- | --- | | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Registrant's telephone number, including area code: (561) 893-8670 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Airspan Networks Holdings Inc. (Exact name of registrant as specified in its charter) | Delaware | ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-39679 Airspan Networks Holdings Inc. (Exact name of registrant as specified in its charter) | Delaware | 85-2642786 | | --- | --- | | (State or ...

Financial Performance - Revenues for Q3 2022 were $41.1 million, a 5.0% increase from $38.9 million in Q3 2021, driven by a $4.4 million increase in product and software license sales[168]. - Gross profit for Q3 2022 was $16.3 million, a decrease of 4.5% from $17.1 million in Q3 2021, resulting in a gross margin of 39.8%[167]. - Operating expenses for Q3 2022 totaled $33.1 million, down 30.3% from $47.5 million in Q3 2021, primarily due to reduced research and development and general administrative expenses[173]. - Net loss for Q3 2022 was $23.3 million, an improvement of 13.8% compared to a net loss of $26.9 million in Q3 2021[181]. - Adjusted EBITDA for Q3 2022 was a loss of $10.0 million, an improvement from a loss of $10.4 million in Q3 2021[182]. - Revenue from products and software licenses for the nine months ended September 30, 2022 was $114.1 million, a 7.1% increase from $105.6 million in the same period of 2021[184]. - Revenue from maintenance, warranty, and services for the nine months ended September 30, 2022 was $11.5 million, a decrease of 46.2% from $21.3 million in the same period of 2021[185]. - Total operating expenses for the nine months ended September 30, 2022 were $107.5 million, an increase from $101.7 million in the same period of 2021[167]. - Net loss increased to $74.1 million for the nine months ended September 30, 2022, compared to a net loss of $50.9 million in 2021, reflecting an increase of $23.2 million[197]. - Adjusted EBITDA for the nine months ended September 30, 2022, was a loss of $40.3 million, worsening from a loss of $21.2 million in 2021[198]. Cost and Expenses - The company incurred $0.9 million in restructuring costs during both the three and nine months ended September 30, 2022, with a liability of $0.1 million recorded as of September 30, 2022[144]. - Interest expense for Q3 2022 was $4.3 million, an increase of 19.0% from $3.6 million in Q3 2021, attributed to higher average debt and interest rates[177]. - Cost of revenues for products and software licenses increased to $74.7 million, representing 59.5% of total revenue for the nine months ended September 30, 2022, up from 52.2% in 2021[186]. - Total operating expenses rose to $107.5 million, accounting for 85.5% of revenue, compared to 80.2% in the same period of 2021[189]. - Interest expense, net, increased to $13.1 million for the nine months ended September 30, 2022, up from $8.6 million in 2021, due to higher average debt and interest rates[193]. Cash Flow and Liquidity - Net cash used in operating activities was $29.6 million for the nine months ended September 30, 2022, a decrease of $15.7 million from $45.3 million for the same period in 2021[214]. - Net cash used in investing activities was $2.2 million for the nine months ended September 30, 2022, a decrease of $2.1 million from $4.3 million for the same period in 2021[215]. - Net cash used in financing activities was $4.0 million for the nine months ended September 30, 2022, primarily related to the repayment of borrowings under the senior term loan[216]. - The company reported a net decrease in cash, cash equivalents, and restricted cash of $35.8 million for the nine months ended September 30, 2022[213]. - Cash, cash equivalents, and restricted cash at the end of the period were $27.3 million, down from $63.1 million at the beginning of the period[213]. - The company believes its existing cash resources are sufficient to fund its cash needs for at least the next 12 months, despite potential covenant breaches[212]. Operational Insights - The company’s operations are primarily located in the U.K., India, Japan, Israel, and California, with corporate headquarters in Boca Raton, Florida[142]. - The company is focused on the development and supply of broadband wireless products and technologies, with a single reportable segment[166]. - The company is investing heavily in 5G research and development and expects to use cash from operations to fund these activities through 2023[201]. - The company is focusing on increasing sales in additional geographic markets and developing 5G product offerings[205]. - Days sales outstanding (DSO) improved to 92 days as of September 30, 2022, down from 103 days at the end of 2021[202]. Customer and Market Dynamics - Revenue from sales outside the U.S. and North America accounted for 54.7% of total revenue for the three months ended September 30, 2022, down from 73.2% in the same period of 2021[151]. - The company's top three customers represented 50.8% of revenue for the three months ended September 30, 2022, compared to 60.4% for the same period in 2021[150]. Compliance and Commitments - As of September 30, 2022, the company was not in compliance with all applicable covenants under the Fortress Credit Agreement[207]. - The company is seeking waivers for breached covenants under the Fortress Credit Agreement and Fortress Convertible Note Agreement, with no assurance of success[210]. - As of September 30, 2022, the company had commitments with subcontract manufacturers totaling $55.5 million, with expected delivery dates during the remainder of 2022[211]. - The company has classified its senior term loan, convertible debt, subordinated term loan, and subordinated debt as current liabilities as of September 30, 2022[210]. Product and Service Offerings - The company’s solutions include a complete range of 4G and 5G network products, aimed at helping network operators monetize these technologies[140]. - The gross margin is affected by changes in product mix, with software and services having a higher margin than base station equipment[153]. - Adjusted EBITDA is used as a key performance metric, providing insight into revenue and cost performance, excluding certain non-core items[162]. - The COVID-19 pandemic has caused disruptions in supply chains, leading to increased component costs and extended lead times[145].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Airspan Networks Holdings Inc. (Exact name of registrant as specified in its charter) | Large accelerated filer | ☐ | Accelerated filer | ☒ | | --- | --- | --- | --- | ...