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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 168.65-3.1%1:07 PM EST

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To: JGoren who wrote (2359)10/15/1999 9:22:00 AM
From: bananawind  Read Replies (2) of 13582
 
Nextwave

The Nextwave San Diego trial (or whatever it is) appears to be a WLL point to multipoint system to be supplied by Airspan airspan.com

It does not appear they are a Q licensee, although I have not confirmed this yet.

Here's the full release from Geneva:
GENEVA, SWITZERLAND--

Millions of US Consumers and Small Businesses to Benefit from iBridge Broadband Service

Airspan at Telecom 99 - Hall 1, Stand 1081.065

NextWave Telecom, a leading provider of wireless, high-speed Internet access, and Airspan Communications, a
major supplier of wireless technology solutions, have entered a supply agreement forthe deployment of a
high-speed wireless network for residential, small office/home office (SOHO) and small enterprise customers. The
Internet Protocol (IP) based, packet switched network will operate over Airspan's new AS4000 Wireless Access
System and customer premise equipment in the 1.9 GHz Personal Communications Services (PCS) band.

NextWave expects to offer "iBridge(TM)", its broadband wireless Internet service, over the AS4000 system as an
affordable, "last mile" solution to consumers and small businesses that require high-speed Internet access.
iBridge operates up to 20 times fasterthan typical dial-up connections for receiving voice, data and image files.

"NextWave, and its investors, have a long-term commitment to building out America's first IP-based, packet
switched wireless network to provide cost-effective wireless Internet access on a nationwide basis. Through our
partnership with Airspan, NextWave will be the first in the U.S. to offer residential and small business customers
an affordable, two-way broadband connection in their neighborhoods without having to install a 'physical' wire,"
said NextWave Telecom Chairman and CEO Allen Salmasi.

"Airspan's innovative new CDMA wireless technology will enable us to make high-speed Internet access along
with basic telephony service available to a much more diverse group of Americans who simply have no broadband
options."

In contrast to large businesses that can easily pay for broadband access, many residential and small business
customers are located in areas where alternatives for high-speed Internet access over DSL or cable modems is
unavailable, a plight commonly referred to as the Digital Divide. iBridge intends to span this divide.

"NextWave will provide `always-on,' high-speed access to the Internet, so we can bring the opportunity of
e-commerce to many small businesses that would otherwise be left behind, " said Salmasi.

Airspan Chairman Tom Huseby added, "The nature of our AS4000 Wireless Access System will enable
NextWave to provide the best the Internet has to offer, for the benefit of American consumers. Moreover, this will
give U.S.-based small businesses an affordablehigh-speed connection which levels the playing field with the large
corporations who enjoy broadband access today." He further commented, "We are excited about the opportunity
that partnering with NextWave Telecom presents. No other wireless carrier is moving as quickly as NextWave to
address this significant market opportunity."

Ideal for providing residential and commercial service in suburbanand rural locations, as well as serving inner-city
consumers, Airspan's AS4000 Wireless Access System is a high-speed point-to-multipoint broadband radio
system for high-speed Internetaccess and voice services, including Local Area Network (LAN) interconnections
and PBX applications, as well as virtual leased-line services, without reliance on physical wires or cable.

iBridge, based on Airspan's AS4000 Wireless Access System, offers two voice/fax lines for home applications
and up to 16 lines for businesses, and is compatible with existing phones, fax machines, and ethernet interface
cards. Call Waiting, Call Forwarding, Caller ID with Call-Waiting features are also included.

NextWave customers in San Diego will be able to evaluate the quality and the reliability of the new iBridge service
during a market trial of the system when the first office application is initiated within 60-90 days after its
confirmation.

About NextWave Telecom

NextWave Telecom Inc. (www.nextwavetel.com) was organized in 1995 as a leading provider of wireless
high-speed Internet access and voice communications services to the consumer and business market on a
nationwide basis. The company holds 95 PCS licenses, coveringmore than 166 million Americans coast to coast,
including all top 10 U.S. markets, 28 of the top 30 markets, and 40 of the top 50 markets.

In September 1999, NextWave announced that Texas Pacific Group, Oak Investment Partners (www.oakinv.com)
and BFD Equity Associatesare leading an investor group that has committed over $700 millionof new equity to
support NextWave's Plan of Reorganization. Other major investors include Bay Harbour Management, Joseph
Littlejohn & Levy, Canyon Capital and other major financial institutions.

NextWave will offer its iBridge service to consumers and small businesses through a network of highly
experienced service distribution partners uniquely qualified to market and support theiBridge service. The
Company intends to partner with Internet Service Providers ("ISPs"), Internet portal and content providers,long
distance companies, Competitive Local Exchange Carriers ("CLECs"), Incumbent Local Exchange Carriers
("ILECs"), Value-Added Resellers (VARs) and other companies to distribute itsiBridge service. NextWave's
wholesale business plan has also long been recognized as an unparalleled opportunity for minority and other
small business entities to enter the wireless business through resale.

About Airspan

Airspan (www.airspan.com) is dedicated solely to fixed wireless telecommunications and has an established and
proven track record with many major operators around the globe. The AS4000 product line provides customers
with an optimum fixed wireless infrastructure delivering voice, data, ISDN and packet services. Airspan's CDMA
technology provides service quality and range performance that is first in class in the industry.

The AS4000 is a robust and future proof platform that caters to the escalating data needs of Airspan's clients and
their customers, and is backed by comprehensive support including training, installation, maintenance,
commissioning and consulting services.

Airspan's products provide the most comprehensive wireless alternative to a wired network infrastructure, with no
compromiseson available services or quality. Its infrastructure products and services are designed for both ETSI
and ANSI markets with a focus on both circuit and packet-switched networks.

FOR FURTHER INFORMATION PLEASE CONTACT:

NextWave Telecom, Inc.
Roy Berger
(914) 789-0305
or
The MWW Group
Matthew Rose
(201) 964-2376
or
Airspan Communications Corp.
David Farthing
+44/1895 467 169
dfarthing@airspan.com
or
Miller Shandwick Technologies
Alexandra Masurel or Peter Ross
+44/171 240 8666
amasurel@miller.shandwick.com
pross@miller.shandwick.com
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