Airspan Networks Receives Court Approval for Fast Bankruptcy Debt Cut

By
Teodora Mihaiș
1 min read

Airspan Networks Holdings Inc. has successfully obtained court approval to expedite its debt reduction process in bankruptcy, positioning the company for a rapid recovery following the Wall Street SPAC boom. The company, specializing in assisting clients in constructing private wireless networks, has attributed its financial challenges to persistent supply-chain disruptions, competitive pressures, and substantial investments in research and development.

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