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New Beginnings Acquisition (NBA) Stock News, Mar-Apr 2021

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Airspan Networks Inc. is enhancing its public policy efforts in Washington, DC, by appointing Chris Salemme as Vice President of Government and Strategic Affairs. With over a decade of telecom experience, Salemme will drive Airspan's public policy strategy to leverage opportunities in the expanding 5G market, influenced by stimulus funding and network upgrades. The company is preparing to capitalize on the recent $80 billion C-Band spectrum auction and is poised to deliver gigabit speeds through its Fixed Wireless Access solutions, addressing increased broadband demands.

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Rakuten Mobile and Airspan Networks announced a Memorandum of Understanding (MoU) for collaboration on the Rakuten Communications Platform (RCP). Airspan will provide its OpenRANGE vRAN hardware and software, enhancing RCP’s offerings for telecom operators and enterprises. This partnership aims to innovate communication technologies and generate new revenue streams. The business combination between Airspan and New Beginnings Acquisition Corp. (NBA) is expected to close soon, enabling Airspan to integrate into NBA and eventually list under the symbol 'MIMO' on NYSE American.

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