Airspan acquires Cambium's fixed wireless lines, brings on 135 staff
Airspan Networks has acquired several fixed wireless product lines from Cambium Networks, which is entering insolvency. The deal transfers point-to-point and point-to-multipoint portfolios to Airspan, and over 135 employees across multiple regions will join the company. Financial terms were not disclosed.
The transaction transfers Cambium's point-to-point and point-to-multipoint wireless portfolios to Airspan, which plans to fold them into its existing 4G and 5G offerings for service providers, defense, and critical communications. Airspan's CEO noted the company's track record integrating prior acquisitions from Corning and Jabil as evidence of its capacity to absorb new teams and product lines smoothly.
Cambium's decline accelerated sharply in recent months. The company was delisted from the Nasdaq in March following delayed reporting and SEC compliance issues, and it previously cut roughly 260 jobs—about 54 percent of its workforce—as financial troubles mounted. Its stock had been falling steadily since peaking in April 2021.
This acquisition could help preserve continuity for fixed wireless customers who might otherwise face disrupted service or support as Cambium dissolves. For rural and underserved communities that rely on fixed wireless broadband, the deal may mean existing infrastructure remains operational under a financially healthier owner. However, workforce reductions and integration challenges could still create temporary service gaps, and the consolidation trend in telecom may reduce vendor choice for smaller operators over time.