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Comstar Chooses Airspan's Mobile WiMAX Solutions for Its Nationwide Armenian Network
(Market Wire Via Thomson Dialog NewsEdge) BOCA RATON, FL, February 1 / MARKET WIRE/ --
Airspan Networks Inc. (NASDAQ: AIRN), a
leading worldwide provider of WiMAX broadband wireless access networks,
announced today that COMSTAR -- United TeleSystems (COMSTAR-UTS) (LSE: CMST), the leading supplier of integrated telecommunication solutions in
Russia and the CIS, has chosen its Mobile WiMAX solutions for deployment in
the Armenian capital, Yerevan, in addition to eighteen other major cities
in Armenia. Airspan will supply Cornet-AM, a subsidiary of Comstar, with
its HiperMAX base stations and related CPE equipment in the 3.6 - 3.8 GHz
frequency band which will allow Cornet-AM to offer its customers internet
access and VoIP with Mobile WiMAX.
Comstar operates in Russia, Ukraine and Armenia offering a comprehensive
suite of integrated telecommunications solutions. Comstar's network
infrastructure effectively removes any restrictions of speed, QoS,
management and suite of services. An integrated approach to the launch and
conduct of business allows Comstar to fully meet the customers' needs for
modern and reliable communication services using a proprietary digital
network. Deploying Airspan's Mobile WiMAX equipment through its subsidiary
Cornet-AM, Comstar will offer mobile WiMAX services to its nationwide
Armenian customer base.
"We are very proud to be awarded the first Comstar Mobile WiMAX contract in
Armenia and believe that the HiperMAX outstanding features and capabilities
will boost the broadband wireless services in Armenia," said Anders
Rendahl, Airspan's Senior Vice President of Sales and General Manager of
EMEA.
Airspan's HiperMAX Base Station and Indoor EasyST WiMAX modem support both
Fixed WiMAX (16d) and Mobile WiMAX (16e) System Profiles. This, combined
with support for 5, 7 and 10 MHz channels ensures the solution is highly
scaleable, delivering up to 32Mbit/s per channel, and up to 12 channels per
Base Station. HiperMAX supports advanced multi-channel Receiver and
Transmit diversity, and MIMO that delivers class-leading operational range
and true indoor coverage.
About Airspan Networks Inc.
Airspan Networks provides wireless voice and broadband data systems and
solutions for the fixed and mobile WiMAX and Wi-Fi markets, including Voice
Over IP (VoIP). Its wireless products serve operators around the world in
both licensed and unlicensed frequency bands between 700 MHz and 6 GHz.
Airspan has a strong wireless product roadmap that includes WiMAX Forum
Certified equipment and products meeting 802.11 a/b/g Wi-Fi standards.
Airspan's HiperMAX and MicroMAX base station products support portable and
mobile 802.16e-2005 WiMAX alongside fixed and nomadic 802.16-2004 products.
Airspan products also include "self install" and professionally installed
customer premise equipment. Airspan is on the Board and is a founder
member of the WiMAX Forum and a member of the Wi-Fi Alliance. The Company
has deployments in more than 100 countries with more than 400 operators,
100 of which use Airspan's WiMAX Forum Certified and non-certified
products. Airspan's wireless systems are based on radio technology that
delivers excellent area coverage, high security and resistance to fading.
These systems can be deployed rapidly and cost effectively, providing an
attractive alternative to traditional wired communications networks.
Airspan also offers radio planning, network installation, integration,
training and support services to facilitate the deployment and operation of
its systems. Airspan is an international telecommunications equipment
provider headquartered in Boca Raton, Florida. More information on Airspan
can be found at http://www.airspan.com.
COMSTAR - United TeleSystems JSC provides voice, data, Internet, pay-TV and
other value-added services to residential subscribers, companies and
operators using an extensive backbone network and exclusive last mile
access to 98% of Moscow households. The company also operates in a number
of regions of Russia and the CIS countries. As of September 30, 2007, the
Comstar-UTS' subscriber base included 3.6 million residential users,
452,600 broadband users and 108,600 corporate users in Moscow and about
94,100 subscribers in Russian regions and the CIS countries. The revenue of
COMSTAR-UTS for the first 9 months of 2007 was US $1,080.2 million, and
OIBDA was 43% of revenue. The stocks of COMSTAR - United TeleSystems are
listed on Moscow and London stock exchanges; the company's ticker is CMST.
For details, please, visit: http://www.comstar-uts.ru
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, 2006 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.
For Investor Relations and Media Inquiries, contact:
David Brant
Senior Vice President & Chief Financial Officer
Airspan Networks Inc.
Tel: +1 561 893-8650
Fax: +1 561 893-8681
Email: Email Contact
Charlotte Laurent-Ottomane
Investor Relations
Email: Email Contact
Tel. +561 395 4581
Copyright ? 2008 Market Wire, Incorporated
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