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Airspan Expands Open RAN Leadership with Acquisition of Jabil's Radio Portfolio, IPR, and R&D Team

1. Airspan Networks acquires Jabil's Open RAN radio portfolio and IPR. 2. This acquisition enhances Airspan's capabilities in macro radio technology.

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$142.3703/04 12:34 PM EDTEvent Start
$143.1403/05 06:48 PM EDTLatest Updated
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FAQ

Why Bearish?

The loss of Jabil's Open RAN assets may diminish revenue potential, affecting stock performance. Historically, asset sales have led to immediate investor concerns and downward price pressure.

How important is it?

This acquisition indicates a strategic pivot for Jabil, impacting future growth despite potential short-term pain. The divestiture suggests realignment which may influence investor sentiment and future prospects.

Why Short Term?

The impact is likely to be felt quickly as investors react to the asset divestiture. Similar asset sales in tech have shown immediate negative responses from shareholders.

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AIRSPANJBL
BOCA RATON, Fla.--(BUSINESS WIRE)-- #5G--Airspan Networks, a leading provider of wireless network solutions, today announced that it has signed an agreement to acquire Jabil's Open RAN radio portfolio and associated Intellectual Property Rights (IPR). This strategic acquisition expands Airspan's capability in high power macro radio development. The acquisition brings a range of single, dual, and triple band macro radios, designed to support global operators across multiple spectrum bands. This portfo.

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