For Immediate Release
March 21, 2002

AirNet Communications Receives $1M
In NEW Orders March, 2002 Orders Now Total Approximately $13M

Melbourne, FL, March 21, 2002 - AirNet® Communications Corporation (NASDAQ: ANCC), the technology leader in software defined base station products for wireless communications, today announced that two new and two existing customers have placed orders for approximately $1M in AirNet equipment including the award winning AdaptaCell® Broadband, Software Defined Radio and AirSite® Backhaul Free base stations. The two new unnamed customers chose the AirNet solution because neighboring operators who have deployed AirNet systems presented ideal partnering and inter-working opportunities. In addition, Adams Telecom and Guam Wireless, two current AirNet customers, continue to grow their businesses by adding new service areas and expanding capacity in existing ones.

"We have now announced approximately $13M in new orders in the last two weeks clearly demonstrating that AirNet continues to gain momentum," said Glenn Ehley, president and CEO of AirNet. "We are receiving these expansion orders and new customer orders because AirNet products afford operators cost-effective systems that deliver highly reliable solutions which are scalable to meet operators' immediate needs and lay the foundation for profitable expansion."

"AirNet's products have endured the toughest quality tests imaginable in Guam," said John Wu, vice president of operations for Guam Wireless. "AirNet's base stations were unaffected, after a 7.0 earthquake devastated much of Guam last October. Our system stayed in service and helped support disaster recovery services for our residents. In addition, we are also able to install and have a complete AirNet base station operational in a matter of minutes. We are pleased to have the opportunity to come back and purchase our expansion requirements. AirNet's cost effectiveness, high availability products and quality control keep us coming back."

About AirNet

AirNet Communications Corporation is a leader in wireless base stations and other telecommunications equipment that allow service operators to cost effectively and simultaneously offer high-speed wireless Internet and voice services to mobile subscribers. AirNet's patented broadband, software-defined AdaptaCell base station solution provides a high capacity base station with a software upgrade path to the wireless Internet. The Company's AirSite Backhaul Free base station carries wireless voice and data signals back to the wireline network, eliminating the need for a physical backhaul link, thus reducing operating costs. AirNet has 69 patents issued or pending and has received the coveted World Award for Best Technical Innovation from the GSM Association, representing over 400 operators around the world. More information about AirNet may be obtained by calling 321.984.1990, or by visiting the AirNet Web site at www.airnetcom.com.

For More Information:

Stuart P. Dawley
Investment Relations Officer
+1 321-953-6780
sdawley@airnetcom.com

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

The statements contained in this press release that are not historical information are forward-looking statements that relate to future events or our future financial performance, including statements regarding our expectations, beliefs, plans, estimates, intentions or strategies for the future. Forward looking statements include statements regarding the transition and evolution to high-speed data and wireless Internet services, future sales to customers and customer deployment plans. All forward-looking statements included in this release are based upon information available to AirNet Communications Corporation as of the date hereof and we assume no obligation to update any such forward-looking statements. Forward-looking statements involve risks and uncertainties, which could cause our actual results to differ materially from those projected. Potential risks and uncertainties include, but are not limited to, our limited customer base may cause cash flow issues, competitive pressures may reduce gross margins, we may not be able to support developing wireless standards and protocols, we may not be able to develop new products and features, and credit risks from financed customers may hurt our results or require us to raise additional capital. These and other risks are discussed in Company filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2000.

AirNet® and AirSite® are registered trademarks with the U.S. Patent and Trademark Office. The stylized AirNet mark, AdaptaCell™, Super Capacity™, Backhaul Free™, and We're Ready for Anything™ are trademarks of AirNet Communications Corporation. Other names are registered trademarks or trademarks of their respective companies or organizations.


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