Airspan Networks secured contracts for the provision of 87 new private 4G/5G networks in third quarter 2022, as the firm says it continues to see strong momentum for these kind of projects.
“Global demand across our lead customers remains strong. We had our strongest quarter in terms of bookings in over 2 years and over $35 million in bookings from our three largest customers. We are also seeing good progress in the developing private networks market. In the third quarter, we added 87 private network wins across 4G and 5G, and this is up 40% compared to the previous quarter and brings our total to over 400 private network wins,” Airspan President and COO Glenn Laxdal said during a conference call with investors.
