Airspan Networks Announces Hiring of VP of Government and Strategic Affairs to Assist in Pursuit of U.S. Broadband Stimulus Opportunities
Summary
“We are in the early stages of a rapid and capital-intensive upgrade, as 5G deployments drive the future growth of existing mobile carriers, new market entrants, and private and enterprise buildouts that we believe will transform numerous industries,” said Eric Stonestrom, President and CEO of Airspan. These solutions are ready for Internet Service Providers (ISPs) for rapid deployment to tap into the broadband stimulus, COVID-19 recovery and infrastructure development funding proposed by the Biden Administration. Upon closing, NBA will be renamed “Airspan Networks Holdings Inc.” and its common stock is expected to be listed on the NYSE American with the ticker symbol “MIMO.” For more information, visit www.airspan.com. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. A list of the names of those directors and executive officers and a description of their interests in NBA is contained in NBA’s Registration Statement on Form S-1, as filed on September 21, 2020, which was filed with the SEC and is available free of charge at the SEC’s web site at www.sec.gov, or by directing a request to New Beginnings Acquisition Corp., 800 1st Street, Unit 1, Miami Beach, FL 33139, USA.