Verizon said it ended its relationship with CBNG as timelines fell short

Verizon ended its commercial relationship with Cambridge Broadband Networks Group (CBNG) after production timelines increasingly fell short, a Verizon spokesperson told Light Reading. In a report published October 30, 2026, Light Reading said the UK wireless-equipment supplier had entered administration in early October and ceased trading by then; about 75 employees were let go.

Why Verizon ended the relationship

Verizon said CBNG’s product complemented its millimeter-wave, or mmWave, solution. The company attributed its decision to increasingly missed production timelines.

What the customer’s departure meant for CBNG

Light Reading identified Verizon as CBNG’s major telecommunications customer. Stephen Goderski, CBNG’s joint administrator, said the departure of the company’s one major customer ended its business.

CBNG had supplied products to more than 100 service providers internationally, notably in Africa, Light Reading reported. The company’s broader customer base did not change the significance of losing its major telecommunications customer: Goderski said that departure ended the business.

The product behind the relationship

CBNG’s VectaStar NR was a standards-based 5G fixed wireless access (FWA) product line. FWA delivers broadband over a wireless connection. Light Reading reported that the product initially supported the 39GHz band for Verizon, while support for 28GHz was in development.