Comparing the current results to its competitors, Airspan Networks Holdings Inc reported Revenue decrease in the 4 quarter 2023 year on year by -84.6 %, slower than the combined decrease of the MIMO's competitors by -94.63 %, recorded in the same quarter.
Airspan Networks Holdings Inc , slower than the average decrease reported by the company's competitors of -99.93 %. recorded a net loss and most of the company's competitors saw a decline in earnings by -99.93 %
Airspan Networks Holdings Inc 's Comment on Competition and Industry Peers
The company operates in two primary markets: mobile radio access network (RAN) equipment and services, and wireless broadband access. In the RAN market, its main competitors include Ericsson, Huawei, Nokia, Samsung Group, and ZTE Corporation, as well as smaller firms such as Inseego Corp, JMA Wireless, KMW Co Ltd, and Mavenir. In the wireless broadband market, competition arises from both direct competitors and alternative access technologies including wireline DSL, fiber, cable, and satellite. Direct competitors in wireless broadband include Cambium Networks, Proxim Wireless Corporation, Ruckus Networks (a division of CommScope Inc.), Ubiquiti Inc., and other smaller companies. The company also acknowledges that some customers may develop the capability to manufacture their own products. In its 4G network business, the company utilizes software-centric small cell technology to offer densification solutions that complement the macro cell architectures provided by larger end-to-end competitors.
despite revenue deterioration, Airspan Networks Holdings Inc increased its market share in this segment. company increased its market share in this segment to approximately 0.4 %.
Publicly Traded Peers of Airspan Networks Holdings Inc
Ciena Corp Share Performance
-7.05%
Over The Past 5 Days
Ciena Corp
Profile
Ciena Corp operates through a business model that focuses on providing networking solutions and services for telecommunications companies and various other industries. It offers a wide range of products and solutions for high-speed optical networks, enabling efficient communication and connectivity for its customers.
Inseego Corp is a technology company that designs and develops wireless communication devices, software and services. They primarily focus on providing solutions for mobile broadband, IoT (Internet of Things), and enterprise applications to connect people and devices on a global scale.
Sources:
Airspan Networks Holdings Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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