Airspan Networks CEO on taking the company public and the future of 5G

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    Airspan Networks CEO Eric Stonestrom rang the opening bell at the New York Stock Exchange early Monday, marking the telecommunications firm’s first day as a public company.

    Last week, Boca Raton-based Airspan (NYSE: MIMO) closed its merger with blank check company New Beginnings Acquisition Corp. in a deal that values the venture at $822 million. The capital injection that comes with becoming a publicly traded entity will fuel Airspan’s expansion and establish the firm as a premier 5G wireless technology leader.