BNET Industries

Market Cap:$393.0M
Last Fiscal Year Sales:$138.1M
  • Public
  • US
Dow Jones Description

We are a leading provider of network infrastructure products used by wireless operators to provide mobile broadband services. We specialize in helping operators transform the mobile experience of users worldwide. Our high performance technology and products, from comprehensive femtocell solutions to core mobile network infrastructure, enable operators to deliver broadband services to mobile subscribers, wherever they are. Most of our current products are based on a wireless communications standard known as CDMA2000 1xEV-DO, or EV-DO. In 2002, we began delivering commercial infrastructure products based on the first generation EV-DO standard known as Rev 0. The second generation EV-DO standard is known as Rev A, and supports push-to-talk, Voice-over-IP, or VoIP, and faster Internet services. We delivered our first Rev A software release in April 2007. Prior to 2008, most of our EV-DO sales were driven by operator deployments focused on coverage with operators extending their broadband services across larger portions of their subscriber geographies. Data traffic and service revenue growth continues to outpace voice growth at many major wireless operators around the world. ...

President, CEO
Randall S. Battat
Number of Employees 555
Contact Information

19 Alpha Rd

Chelmsford, Massachusetts 01824

airvana.com

(978) 250-3000

NAICS Code Telephone Apparatus Manufacturing: 334210

Recent Events

  • Airvana AIRV to Receive $39.6M for Outstanding Nortel Invoices

    11/13/09 - New Investment - View Story

  • Airvana Introduces New HubBub CDMA Femtocell with Integrated Analog Telephone Adaptor and Router

    11/11/09 - Product Announcement - View Story

  • Airvana Introduces New HubBub CDMA Femtocell with Integrated Analog Telephone Adaptor and Router Ground-breaking New...

    11/11/09 - Product Announcement - View Story

  • HubBub UMTS High-Capacity Femtocell from Airvana Addresses Needs of Enterprise and Public Space Deployment

    11/09/09 - Product Announcement - View Story

  • Airvana Reports Third Quarter 2009 Financial Results

    10/29/09 - Financial Announcement - View Story

  • Airvana Corp. names new VP for sales

    8/09/09 - Mgmt. Change Entering - Vice President - View Story

  • Airvana Appoints Michael Clark As VP, Worldwide Sales And Technical Services - Quick Facts

    7/20/09 - Mgmt. Change Entering - Vice President - View Story

News & Analysis

airvana inc. - All News and Analysis

  • Airvana Inc. Q4 2008 Earnings Call Transcript

    Seeking Alpha - 2009-02-12

    Question-and-Answer SessionOperator Operator Instructions Your first question comes from Blair King - Avondale Partners. Blair King - Avondale Partners I have just two quick questions here. You slipped in the China Telecom in the fourth quarter and I’m hoping perhaps you could give us some more clarity in...

    Tags: Seeking Alpha, Airvana Inc.

  • Airvana, Inc. Q3 2008 Earnings Call Transcript

    Seeking Alpha - 2008-10-30

    Question-and-Answer SessionOperator Thank you. Operator instructions Our first question is coming from Amir Rozwadowski with Barclays Capital. Please state your question. Amir Rozwadowski – Barclays Capital Good morning, Randy and Jeff. Thank you very much for taking my question. Randy Battat Good morning, Amir. Amir Rozwadowski...

    Tags: Billing, Barclays Plc., Call Transcript, Earnings, Airvana Inc., Seeking Alpha

  • Airvana Inc. Q2 2008 Earnings Call Transcript

    Seeking Alpha - 2008-08-04

    Question-and-Answer SessionOperator Operator Instructions. Our first question will be coming from the line Rich Valera with Needham & Company. Please go ahead with your question, sir. Rich Valera - Needham & Company Thank you, and good morning gentlemen. Congratulations first on the recent FMC OEM agreements you signed. And...

    Tags: Airvana Inc.

  • Airvana, Inc. Q1 2008 Earnings Call Transcript

    Seeking Alpha - 2008-05-14

    Question-and-Answer SessionOperator Operator instructions Your first question comes from Jeff Kvaal – Lehman Brothers. Jeff Kvaal – Lehman Brothers I have a couple of questions for you folks, and I think the first one is about seasonality and the drivers of that. Obviously, Jeff, you started to...

    Tags: Airvana Inc.

  • Airvana to Present at the Morgan Stanley Technology Conference

    - 2008-02-27

    Presentation to be Webcast Live on March 3 CHELMSFORD, Mass. -- Airvana, Inc. (NASDAQ: AIRV) today announced that management will be presenting at the Morgan Stanley Technology Conference on Monday, March 3, 2008 at 3:20 p.m. PST (6:20 p.m. EST). At the conference President and Chief Executive Officer Randy...

    Tags: Airvana Inc., conference, MARKETING, mobile, Morgan Stanley, network, Webcast

Decision Makers

Name (plus bio) Position
Randall S. Battat President, CEO
Randy Battat President and Chief Executive Officer, Airvana
Dave Gamache Chief Financial Officer
Jeff Glidden CFO & Vice President
Vedat Eyuboglu Chief Technology Officer, Co-Founder
David Nowicki Vice President, Marketing & Product Mgmt
Doug Knisely Vice President of Technology and Responsible for Standards
Glenn Laxdal Vice President, Femtocell Prod Mgmt
Jose Mijares Airvana Vice President, Carribean
Laura Cranmer Vice President, Operations
Luis Pajares Vice President, Worldwide Sales & Services
Mark Rau Vice President, Engineering
Michael Clark Vice President, Worldwide Sales and Technical Services
Paul D Callahan Vice President of Business Development
Peter C. Anastos General Counsel & Vice President
Sanjeev Verma Vice President Business Development and Co-Founder
Shantigram Jagannath Vice President and Managing Director of Airvana Networks India
George Huang China Country Manager

Board of Directors

Name (plus bio) Position
Bob Badavas Chairman
Hassan M. Ahmed Committee Chair for Nominating and Governance Committee
Anthony S. Thornley Board of Directors
Gururaj Deshpande Board of Directors
Paul Ferri Board of Directors
Steven Haley Board of Directors

Mr. Battat has served as our President and Chief Executive Officer and a member of our board of directors since June 2000. Prior to joining Airvana, Mr. Battat was employed by Motorola, Inc., most recently as Senior Vice President and General Manager, Internet and Networking Group. Prior to joining Motorola, Mr. Battat held senior management positions at Apple Inc.

Organization Position Status
Airvana, Inc. President, CEO Current
Airvana, Inc. Board of Directors Current
Motorola, Inc. Senior Vice President Former
The Networking Group Senior Vice President Former
Motorola, Inc. General Manager Former
The Networking Group General Manager Former

Organization Position Status
Airvana, Inc. President and Chief Executive Officer, Airvana Current
Aylus Networks, Inc. Board of Directors Current
Airvana, Inc. Board of Directors Current
Stanford University B.S. In Electrical Engineering Former

Organization Position Status
Airvana, Inc. Chief Financial Officer Current
Airvana, Inc. Board of Directors Current
Airvana, Inc. Vice President, Finance & Operations Former
Arthur Young, Inc. Former
Stratus Computer, Inc. Former
Young Corporation Former
Indus River Networks, Inc. Former
University of Notre Dame B.A. In Accounting Former

Jeffrey Glidden joined Airvana from RSA Security where he was Senior Vice President of Finance, Operations and Chief Financial Officer from 2002 to 2005. Jeff has earned a strong reputation for his leadership as a senior financial executive in building shareholder value within technology companies over the past 25 years. Prior to RSA, Jeff was at Stream International Inc. where he served as Senior Vice President and Chief Financial Officer for 5 years. Prior to 1997, Mr. Glidden was Senior Vice President of Finance and Administration and Treasurer at Banyan Systems Incorporated. His financial management experience also includes tenures at Altwell Group, Inc.; Imagitex, Inc.; Compugraphic; W.R. Grace & Company; and General Electric. Jeff is a graduate of Union College and holds a masters degree in business administration from Harvard Business School.

Organization Position Status
Airvana, Inc. CFO & Vice President Current
Union College Former

Organization Position Status
Airvana, Inc. Chief Technology Officer, Co-Founder Current
Airvana, Inc. Vice President, Chief Technical Officer Current
Airvana, Inc. Board of Directors Current
Ieee Fellow Current
Motorola, Inc. Vice President of Technical Staff Former
Rensselaer Polytechnic Institute PH.D. In Electrical Engineering Former

David Nowicki joined Airvana from Bytemobile, where he was Vice President, Marketing & Product Management. Over a five year period, David helped grow the business to more than 70 wireless operator customers by delivering a compelling set of core network solutions. Prior to Bytemobile, David was the Vice President of Marketing with ArrayComm, where his group launched and managed several leading-edge wireless data products, including the world’s first smart antenna base station as well as an innovative mobile broadband system. During his eight years at ArrayComm, Nowicki spent several years in Japan working closely with operators to introduce wireless data services. David started his career at Resonex, and also worked in HP’s corporate strategy group. He has an MBA and a masters in electrical engineering from Cornell University as well as a bachelor of science in applied physics from the University of California at Davis.

Organization Position Status
Airvana, Inc. Vice President, Marketing & Product Mgmt Current
Bytemobile, Inc. Vice President, Marketing & Product Management Former
Arraycomm LLC vice president Former
University of California, Davis MBA Former
Cornell University Masters In Electrical Engineering Former
University of California, Davis Bachelor of Science In Applied Physics Former

Organization Position Status
Airvana, Inc. Vice President of Technology and Responsible for Standards Current

Laxdal brings to Airvana more than 15 years of experience in wireless infrastructure and telecom. Most recently, he served as vice president of global product management for Nortel's CDMA and LTE Carrier Business where he contributed to the growth and success of that unit -- today a multi-billion dollar business. Previously, Laxdal held roles with Nortel in marketing, finance and operations. Laxdal holds a BA in Economics and BComm from the University of Saskatchewan, and an MBA from the University of Toronto's Rotman School of Management.

Organization Position Status
Airvana, Inc. Vice President, Femtocell Prod Mgmt Current

Organization Position Status
Airvana, Inc. Airvana Vice President, Carribean Current

Laura Cranmer brings to Airvana more than 15 years of experience in operations management. She joined Airvana from EFI, Inc., where she served as Vice President of Manufacturing for the company’s Inkjet Division. There, she managed the integration of a multi-plant acquisition, more than doubling capacity while improving quality and reducing cost. Prior to her tenure at EFI, Cranmer held operations management positions at Celestica, Inc., Ford Motor Company, and IBM. Cranmer, a Professional Engineer, holds B.S.I.E and M.S.I.E degrees from Kansas State University and an M.S. in Manufacturing Systems from the Georgia Institute of Technology.

Organization Position Status
Airvana, Inc. Vice President, Operations Current
Celestica, Inc. Former
Kansas State University M.S. Former
Kansas State University B.S.I.E Former
Kansas State University Degree Former

Luis Pajares joined Airvana from Inet Technologies where he was employed since 1999. Most recently he served as Senior Vice President of Sales & Marketing. In this capacity, he helped grow the sales, marketing and customer support functions to the top 100 operators in over 50 countries. From 1994 to 1999, he was at DSC Communications/Alcatel holding the positions of Vice President - International Business and Vice President - Wireless Networks where he formulated and implemented the company's wireless strategy to address the IS-41 and GSM markets. Luis began his career in telecommunications at NEC America where he held various sales and management positions from 1984 to 1994. Before NEC America, he was employed by Texas Instruments. Mr. Pajares holds a B.A. in Economics from the University of Florida and an MBA from the University of Dallas.

Organization Position Status
Airvana, Inc. Vice President, Worldwide Sales & Services Current
Dsc Communications Vice President Former
Alcatel Former
Texas Instruments Incorporated Former
Inet Technologies, Inc. Former
University of Dallas Mba Former
University of Florida B.A. In Economics Former

Mark Rau joined Airvana from Carrius Technologies, where he was Vice President of Engineering responsible for the development of Intelligent IP service platforms. Mark’s prior positions include Senior Vice President of Engineering and Operations at SOMA Networks and Vice President/General Manager of the Broadband Wireless division at Nortel Networks. Mark is a high tech veteran with a record of successfully developing and deploying leading edge carrier grade system solutions for the telecom and wireless markets. He brings over 20 years of engineering, operations, and executive leadership in both startup and large corporate companies. Mark holds a BS in Mathematics from South Dakota State University and a MSMAS with an Operations Research concentration from the University of Texas at Dallas.

Organization Position Status
Airvana, Inc. Vice President, Engineering Current
Nortel Networks Corporation General Manager Current
SOMA Networks, Inc. Senior Vice President, Engineering & Operations Former
Carrius Technologies, Inc. Vice President of Engineering Former
Msmas BS In Mathematics Former
South Dakota State University Bs In Mathematics Former

Organization Position Status
Airvana, Inc. Vice President, Worldwide Sales and Technical Services Current

Organization Position Status
Propagate Networks, Inc. Propagate's Co-Founder and Vice President of Marketing and Business Development Current
Airvana, Inc. Vice President of Business Development Current
Weblayers, Inc. Vice President of Business Development for Airvana Current
Weblayers, Inc. Board of Directors Current
Nortel Networks Corporation vice president of strategic investments Former
Autocell Labs, Inc. Co-Founder Former
Forrester Research, Inc. group director, IT research Former
Hampshire College Bachelor of Arts Degree Former

Organization Position Status
Airvana, Inc. General Counsel & Vice President Current

Prior to founding Airvana, Sanjeev was most recently Director of Marketing and Business Development for Broadband Networking at Motorola, responsible for wireless and wireline broadband residential gateway solutions. Sanjeev has an extensive software development background, which includes leading the development of Motorola's first V.34 modem. He was also a senior manager in Motorola's strategy group responsible for the Internet and Networking Group's broadband networking strategy. Sanjeev holds an MBA from the MIT Sloan School of Management and an M.S. in Electrical Engineering from the University of Rhode Island.

Organization Position Status
Airvana, Inc. Vice President Business Development and Co-Founder Current
Airvana, Inc. Board of Directors Current
Motorola, Inc. Director of Marketing and Business Development Former
MIT Sloan School of Management MBA Former

Organization Position Status
Airvana, Inc. Vice President and Managing Director of Airvana Networks India Current

Organization Position Status
Airvana, Inc. China Country Manager Current

Organization Position Status
TAC Worldwide Companies President & CEO Current
TAC/Medical Services Inc. Controller Current
Airvana, Inc. Chairman Current
Hercules Technology Growth Capital, Inc. Chairman Current
The Learning Center for Deaf Children Chairman of The Board of Directors Current
RSA Security Inc. Chairman of the Audit Committee Current
Airvana, Inc. Board of Directors Current
RSA Security Inc. Board of Directors Current
CARES4KIDS Board of Directors Current
Cerulean Technology, Inc. Chief Executive Officer Former
Atlas Venture Chief Operating Officer Former
Chipcom Corporation Chief Financial Officer Former
Chipcom Corporation Senior Vice President Former
Atlas Venture Senior Principal Former
Price Waterhouse & Co. auditor Former
Renaissance Corporation Limited Director Former
Bentley College BS in accounting Former

Organization Position Status
Nantucket Conference Current
Airvana, Inc. Committee Chair for Nominating and Governance Committee Current
Airvana, Inc. Board of Directors Current
NMS Communications Corporation Board of Directors Current
Airvana, Inc. Committee Member Current
Sonus Networks Inc. Chairman & CEO Former
Cascade Corporation Chief Technology Officer Former
Cascade Communications Co. Chief Technology Officer Former
Cascade Communications Co. Vice President of Engineering Former
Analog Devices, Inc. Engineering Manager Former
Sonus, Inc. Former
Sonus Networks Inc. Board of Directors Former
Stanford University Ph.D. In Electrical Engineering Former
Carleton University M.S. In Engineering Former
Stanford University Bsee Former
Carleton University Bsee Former

Organization Position Status
Proximetry Tracy R. Trent, Chief Executive Officer, Chairman & Co-Founder Current
Kmf Audio Chief Financial Officer Current
Ismosys Director Current
Callaway Golf Company Director Current
Cavium Networks, Inc. Director Current
Transdel Pharmaceuticals Inc Board of Directors Current
Kmf Audio Board of Directors Current
Airvana, Inc. Board of Directors Current
Proximetry Board of Directors Current
Airvana, Inc. Committee Member Current
QUALCOMM Incorporated President Former
QUALCOMM Incorporated Chief Operating Officer Former
Cooper's Inc. Former
University of Manchester Bachelor of Science Degree In Chemistry Former
Manchester University degree in chemistry Former

Organization Position Status
A123SYSTEMS Chairman Current
Airvana, Inc. Board of Directors Current
The MIT Enterprise Forum of Cambridge, Inc Board of Directors Current
A123SYSTEMS Board of Directors Current
Coral Network Co-Founder Former
Cascade Communications Co. Founder Former
Codex Corp Former
Cascade Communications Co. Chairman Former
Queens University Ph.D. In Data Communications Former
Indian Institute of Technology B.S. In Electrical Engineering Former
Airvana, Inc. Co-Founder and Chairman, Sycamore Networks Current

Organization Position Status
Matrix Management Corporation Founding Partner Current
Vital Network Services, Inc. Board of Directors Current
Sonus Networks Inc. Board of Directors Current
Airvana, Inc. Board of Directors Current
Airvana, Inc. Committee Member Current
Sycamore Networks, Inc. Board of Directors Former
Paradyne Networks, Inc. Director Former
Applix, Inc. Director Former
Codex Corp Director Former
ArrowPoint Communications, Inc. Director Former
Ascend Communications Director Former
Banctec, Inc. Director Former
Video Server Co Director Former
Stratus Computer, Inc. Director Former
Bytex Corporation Director Former
Empirix Inc. Board of Directors Former
Polytechnic Institute of New York Master of Science in Electrical Engineering degree Former
Columbia University Master of Business Administration Former
Cornell University Bachelor of Science in Electrical Engineering degree Former

Organization Position Status
Airvana, Inc. Board of Directors Current

Executive News

  • Analyst: Freescale to sell 3G IP to Chinese firm

    Electronics Supply & Manufacturing - 9/04/09 - View Story

  • Virage Logic to buy ARC International

    Electronics Supply & Manufacturing - 8/20/09 - View Story

  • Sonus slashes another 93 jobs

    Boston Business Journal - 8/14/09 - View Story

  • Airvana Corp. names new VP for sales

    Lowell Sun - 8/09/09 - View Story

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     AIRV $6.28 +0.04 (0.64% )
Average Volume 162,158
Shares Outstanding 62.58M
Market Cap 393.0M
Year High 7.1
Year Low 4.25
Earnings Per Share -0.25
P/E Ratio -25.12
Dividend N/A
Yield N/A
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