Tax haven.
https://www.conyers.com/publications/view/why-the-cayman-islands/
*From:*AF <[email protected]> *On Behalf Of *Chuck
*Sent:* Wednesday, September 16, 2026 7:15 PM
*To:* [email protected]
*Subject:* Re: [AFMUG] RIP Cambium Networks?
What is the benefit in using the Cayman Islands?
Sent from my iPhone
On Sep 16, 2026, at 5:42 PM, Ken Hohhof <[email protected]> wrote:
From an SEC 10K, I see that Cambium Networks is a holding company
incorporated in the Cayman Islands, with 3 subsidiaries:
Cambium UK
Cambium US
Cambium India
What assets, debts, employees and product lines are in each
subsidiary? I don’t know.
Does this mean that only the UK subsidiary is in “administration”?
I don’t know.
Do the 3 pieces stand on their own, or are they intertwined?
Almost certainly intertwined, I would think.
*From:*AF <[email protected]> *On Behalf Of *David Hannum via AF
*Sent:* Wednesday, September 16, 2026 8:32 AM
*To:* AnimalFarm Microwave Users Group <[email protected]>
*Cc:* David Hannum <[email protected]>
*Subject:* Re: [AFMUG] RIP Cambium Networks?
Just sits there churning in every browser . . .
<image001.png>
On Wed, Sep 16, 2026 at 9:14 AM Ken Hohhof <[email protected]> wrote:
Need to sign up in order to post, but you should be able to view.
You can't even get community.cambiumnetworks.com
<http://community.cambiumnetworks.com> to load?
On September 16, 2026 8:04:07 AM CDT, David Hannum via AF
<[email protected]> wrote:
I can't get the forum to load . . . tried all browsers.
https://community.cambiumnetworks.com/t/cambium-in-administration/108820
On Tue, Sep 15, 2026 at 10:43 PM Ken Hohhof
<[email protected]> wrote:
There are some tidbits of information on the Cambium
community:
https://community.cambiumnetworks.com/t/cambium-in-administration/108820
Oh, and I don’t think Cambium gets enough credit for
Cambium Community (their user forums). Easily the
best I have seen from any vendor. And the support
people and product managers read the posts and jump in
regularly. They even email an abbreviated digest of
posts on the forums that you might have missed.
Also tools like cnMaestro, LinkPlanner, cnHeat. And
actual documentation and release notes, which many
vendors skimp on or ignore completely.
*From:*AF <[email protected]> *On Behalf Of
*Zach Underwood
*Sent:* Tuesday, September 15, 2026 9:06 PM
*To:* AnimalFarm Microwave Users Group <[email protected]>
*Subject:* Re: [AFMUG] RIP Cambium Networks?
The solution I know about is the work with astound to
make Wi-Fi roaming with a single SSID work across a
third party gpon system.
The way it would work it would establish tunnels back
to the home AP and your traffic would get tunneled
from whichever access point you connected to.
Zach Underwood (RHCE,RHCSA,RHCT,UACA)
My website <http://zachunderwood.me>
advance-networking.com <http://advance-networking.com>
On Tue, Sep 15, 2026, 10:01 PM Ken Hohhof
<[email protected]> wrote:
Isn't Astound the company that declined several
big BEAD awards? Due to the project areas being
redrawn I think. So maybe that cost Cambium some
sales.
I am somewhat ignorant when it comes to FTTH, but
I remember seeing some marketing material for
Cambium's products and being favorably impressed.
On September 15, 2026 8:41:48 PM CDT, Zach
Underwood <[email protected]> wrote:
Probably astound/Google fiber well at least
for the wifi line. I know cambium did a big
engineering push for astound earlier this year
and that astound had placed a large order.
Zach Underwood (RHCE,RHCSA,RHCT,UACA)
My website <http://zachunderwood.me>
advance-networking.com
<http://advance-networking.com>
On Tue, Sep 15, 2026, 9:16 PM Mike Hammett
<[email protected]> wrote:
*nods* Mimosa and Zhone were both bought
by huge (if not their biggest) customers.
Who's Cambium's biggest customer?
--
Mike Hammett
----- Original Message -----
From: "Ken Hohhof" <[email protected]>
To: "AnimalFarm Microwave Users Group"
<[email protected]>
Sent: Tuesday, September 15, 2026 2:48:03 PM
Subject: Re: [AFMUG] RIP Cambium Networks?
Perhaps wise precautions, especially if
your exposure is primarily
enterprise/consumer WiFi and FTTH as
opposed to FWA. But “Cambium as a whole is
on life support and only has weeks left”
may be overblown.
Hey, Mimosa is still around. New owner,
but still around. And I wouldn’t put
Mimosa in the same class with Cambium.
And news that a company these days cut
staff by 50% isn’t that shocking. I just
hope they didn’t let AI decide who to
fire, DOGE-style. Available info suggests
a more strategic restructuring. That’s the
part that hasn’t yet been fully revealed.
I think Cambium felt they had to become an
everything company like Ubiquiti, but
couldn’t pull it off. Look at Tarana on
the other hand, which is pretty much a one
trick pony. In the long run, which is the
best business strategy? Hard to tell.
Especially with VC and PE money that
sometimes funds stupid stuff.
From: AF <[email protected]> On
Behalf Of Zach Underwood
Sent: Tuesday, September 15, 2026 1:14 PM
To: AnimalFarm Microwave Users Group
<[email protected]>
Subject: Re: [AFMUG] RIP Cambium Networks?
We are treating Cambium as a whole is on
life support and only has weeks left.
* We have told vendors where we have
pending orders of cambium wifi APs not to
ship us any.
* We are standing up on site cnmaestro
server in one of our datacenters
* We are working with what staff is
left to get permanent licenses for our
over 8k APs.
* We are already having talks with
Extreme and Arista about their wifi APs
and controllers.
* We got our first xgpon project using
cambium that should go live before the end
of the year, we are now looking for other
vendors.
On Tue, Sep 15, 2026 at 1:32 PM Ken Hohhof
< [email protected] > wrote:
Go to their reception but put some money
in the tip jar?
But gallows humor aside, it’s probably
difficult walking the thin line between
“business as usual” and “being frugal”. A
robust trade show presence might be
important both for customers and potential
buyers assuming they’re trying to find a
buyer for part or all of the business. It
doesn’t help preserve the asset value for
creditors if you stop selling your products.
If I’m understanding the situation
correctly, the UK subsidiary is in
“administration”, but Cambium Networks the
parent is a US corporation and not in
bankruptcy proceedings at least at this
time. It seems clear that top management
waited too long to take some extreme cost
cutting measures, either some creditors
forced their hand, or they literally
couldn’t keep the lights on and make
payroll, like a pilot who ejects just as
the plane hits the ground. The cashflow
situation couldn’t have been a mystery, so
I doubt they were counting on booking some
big sale or a bunch of BEAD driven
revenue. One could speculate they have
been trying to sell off some parts or the
business or some product lines or maybe
the whole company, and they just ran out
of time. Maybe they thought they had a
buyer and it fell through. Although it’s
common for buyers to make the seller do
the bloodletting before the sale.
Anyway, I am not familiar with the UK
version of bankruptcy. I’ve had some
customers in Chapter 11 here in the US.
They were actually good risks because all
expenses had to be approved by an
administrator or the bank or something so
the checks were like cashiers checks, they
never bounced, all expenses were pre
approved and the cash was already there.
Money owed from before they declared
bankruptcy was another story.
So in the US we have Chapter 11 which is
usually “Debtor in Possession” where
management continues running the business
but needs outside approval for any major
expenses. Or the company can be run by an
outside administrator or trustee
representing the creditors. Then there is
Chapter 7 which is liquidation. I get the
impression that administration in this
case is either like Chapter 11 with
outsiders running the company, or Chapter
7, not sure which. They make it sound like
a store that has closed and they’re
selling off the fixtures to make partial
payments to creditors.
I think Cambium had or has R&D in
Ashburton. I’m not sure what they did
there, and if it’s part of the UK
subsidiary. Presumably that goes back to
the Orthogon acquisition, but I don’t know
what else they might have designed there.
I know when I buy PMP450 or ePMP products,
the box says Cambium Networks, Ashburton,
UK. For all I know they were just
assigning the revenue to their UK
subsidiary to dodge US income taxes. Not
sure that matters if you’re reporting a loss.
I will say I’ve done my part recently to
help Cambium survive, I’ve bought several
license or unlock keys, which I assume are
high margin if not pure profit items. Kind
of like contributing to the Cambium
GoFundMe. Unfortunately my company is very
small so I can’t make much of a dent in
their payroll or rent or utility bills.
Probably the WISPAPALOOZA costs have
already been paid. They still have to pay
travel and lodging to staff the booth and
other events. Maybe they can fly Spirit
Airlines? I’m guessing they will show up.
Whether to sell products or to sell the
whole company, they have to put a team on
the field and score some points. It sounds
like some product lines might be getting
the axe. In which case they would be
furiously reworking their trade show
strategy. Promoting a product you’re
discontinuing would not be good.
If I were going (I’ve never gone to the
Vegas shows and I’m not going to start now
at age 76), I would be grilling them about
things like EVO and 450v/ePMP convergence,
which is a story I never bought in the
first place. They handed the Cambium QOE
product back to Bequant, so they seem open
to revising some of their plans, maybe not
trying to be everything to everybody.
Maybe the best thing show attendees can do
to help Cambium is to give their product
managers and top mgmt our unvarnished view
of what they need to do and not do. Steve
Jobs was famous for selling people things
they didn’t yet know they needed. I don’t
think anybody at Cambium right now is a
Steve Jobs. We’ve all seen things at
stores that any random person on the
street could look at and say that will
never sell, that’s a stupid idea. And
we’ve all seen radios that any field tech
could say is poorly designed and a pain in
the butt to install. Or radios that no
residential customer would let us install
on their house. Cambium can’t afford any
mistakes like that. Although I have to
remember they have government customers
who are not like WISPs.
Brutally honest feedback from customers
might be the best help they could get
right now. Just my opinion, worth every
penny you paid for it.
From: AF < [email protected] > On
Behalf Of Cameron Crum
Sent: Tuesday, September 15, 2026 10:10 AM
To: AnimalFarm Microwave Users Group <
[email protected] >
Subject: Re: [AFMUG] RIP Cambium Networks?
Sadly, I think you are correct.
On Tue, Sep 15, 2026 at 7:01 AM David
Hannum via AF < [email protected] > wrote:
I guess that means I should make
alternative dinner plans for Monday night
at WISPAPALOOZA as Cambium had a reception
planned . . . . We'll see . . .
On Mon, Sep 14, 2026 at 5:45 PM Josh
Luthman < [email protected] >
wrote:
Half of the company was fired - no
severance pay.
On Mon, Sep 14, 2026 at 1:16 AM Ken Hohhof
< [email protected] > wrote:
This seems to be news out of the UK and
from one person who has been let go. Some
of the statements would seem to apply
globally, but maybe we should wait for the
light of day and see what comes out.
This may be the source for some of the
speculation:
https://www.ispreview.co.uk/index.php/2026/09/wireless-uk-broadband-company-cambium-networks-falls-into-administration.html
It sounds like administration is Brit
speak for what we would call Chapter 11?
But also they’re talking about the UK
subsidiary.
Years ago I worked at a company that did
an IPO and I learned from all the nonsense
on the Yahoo message boards not to assume
everyone knew what they were talking
about. Like big news flash, the board
meeting was moved to Florida. Well, it was
because one board member has an ear
infection and couldn’t fly. Then some
amateur sleuth discovered the board
meeting was extended by a day. Turns out
since it was moved to Florida, some on the
board wanted a day to play golf. Then the
CEO sold some stock. Reason was he was
building a fancy new house.
Maybe the speculation is all true. Nothing
I would do in response can’t wait a few
days. Unless you’re placing bets on
prediction markets.
From: AF < [email protected] > On
Behalf Of Colin Stanners
Sent: Sunday, September 13, 2026 10:30 PM
To: AnimalFarm Microwave Users Group <
[email protected] >
Subject: [AFMUG] RIP Cambium Networks?
It seems to be RIP for Cambium Networks,
born in 2011 (when the Canopy/Orthogon
products were spun off from Motorola, who
had started selling those around 2002) to
2026. As well as its acquisitions Orthogon
/ PipingHot Networks and Xirrus.
https://www.linkedin.com/posts/carljefferys_cambium-networks-appears-to-have-collapsed-share-7505055774495100929-X72q/
https://blog.j2sw.com/technology/an-open-letter-about-the-implosion-of-cambium-networks/
When I started in the WISP industry around
20 years ago, I found their products' good
engineering, reliability and scalability a
wonderful asset to help build a WISP.
Since that time the products have
increased greatly in bandwidth capability
and the company's products and its
hard-working employees have been a big
contributor of my work life.
Unless something magical comes in to save
them, this will be then end and a big loss
for the industry and a big reconsideration
for our networks.
--
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--
Zach Underwood (RHCE,RHCSA,RHCT,UACA)
My website
advance-networking.com
<http://advance-networking.com>
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