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                                                                    Exhibit 99.2

SARBANES-OXLEY ACT SECTION 302 CERTIFICATIONS

I, Peter Aronstam, certify that:
     1.   I have reviewed this quarterly report on Form 10-Q of Airspan
          Networks, Inc. ("Airspan");
     2.   Based on my knowledge, this quarterly report does not contain any
          untrue statement of a material fact or omit to state a material fact
          necessary to make the statements made, in light of the circumstances
          under which such statements were made, not misleading with respect to
          the period covered by this quarterly report;
     3.   Based on my knowledge, the financial statements, and other financial
          information included in this quarterly report, fairly present in all
          material respects the financial condition, results of operations and
          cash flows of Airspan as of, and for, the periods presented in this
          quarterly report;
     4.   Airspan's other certifying officer and I are responsible for
          establishing and maintaining disclosure controls and procedures (as
          defined in Exchange Act Rules 13a-14 and 15d-14) for Airspan and have:
          a.   designed such disclosure controls and procedures to ensure that
               material information relating to Airspan, including its
               consolidated subsidiaries, is made known to us by others within
               those entities, particularly during the period in which this
               quarterly report is being prepared;
          b.   evaluated the effectiveness of Airspan's disclosure controls and
               procedures as of a date within 90 days prior to the filing date
               of this quarterly report (the "Evaluation Date"); and
          c.   presented in this quarterly report our conclusions about the
               effectiveness of the disclosure controls and procedures based on
               our evaluation as of the Evaluation Date;
     5.   Airspan's other certifying officer and I have disclosed, based on our
          most recent evaluation, to Airspan's auditors and the audit committee
          of Airspan's board of directors:
          a.   all significant deficiencies in the design or operation of
               internal controls which could adversely affect Airspan's ability
               to record, process, summarize and report financial data and have
               identified for Airspan's auditors any material weaknesses in
               internal controls; and
          b.   any fraud, whether or not material, that involves management or
               other employees who have a significant role in Airspan's internal
               controls; and
     6.   Airspan's other certifying officer and I have indicated in this
          quarterly report whether or not there were significant changes in
          internal controls or in other factors that could significantly affect
          internal controls subsequent to the date of our most recent
          evaluation, including any corrective actions with regard to
          significant deficiencies and material weaknesses.

Date: November 12, 2002


                               By: /s/ PETER ARONSTAM
                               ----------------------
                               Peter Aronstam
                               Senior Vice President and Chief Financial Officer