<SUBMISSION>
<ACCESSION-NUMBER>0001181431-03-018967
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20030813
<FILING-DATE>20030815
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>AIRNET COMMUNICATIONS CORP
<CIK>0000944163
<ASSIGNED-SIC>3663
<IRS-NUMBER>593218138
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</COMPANY-DATA>
<BUSINESS-ADDRESS>
<STREET1>3950 DOW ROAD
<STREET2>-
<CITY>MELBOURNE
<STATE>FL
<ZIP>32934
<PHONE>3219841990
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>3950 DOW ROAD
<STREET2>-
<CITY>MELBOURNE
<STATE>FL
<ZIP>32934
</MAIL-ADDRESS>
</ISSUER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>SCP PRIVATE EQUITY II LLC
<CIK>0001124216
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>000-28217
<FILM-NUMBER>03850821
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>BUILDING 300 435 DEVON PARK DRIVE
<CITY>WAYNE
<STATE>PA
<ZIP>19087
<PHONE>6109952900
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>BUILDING 300 435 DEVON PARK DRIVE
<CITY>WAYNE
<STATE>PA
<ZIP>19087
</MAIL-ADDRESS>
</REPORTING-OWNER>
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>SCP PRIVATE EQUITY PARTNERS II LP
<CIK>0001118995
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1231
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>000-28217
<FILM-NUMBER>03850822
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>435 DEVON PARK DRIVE
<STREET2>BLDG 300
<CITY>WAYNE
<STATE>PA
<ZIP>19087
<PHONE>6109952900
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>BUILDING 300 435 DEVON PARK DRIVE
<CITY>WAYNE
<STATE>PA
<ZIP>19087
</MAIL-ADDRESS>
</REPORTING-OWNER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rrd16141.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
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    <documentType>4</documentType><periodOfReport>2003-08-13</periodOfReport><notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000944163</issuerCik>
        <issuerName>AIRNET COMMUNICATIONS CORP</issuerName>
        <issuerTradingSymbol>ANCC</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001118995</rptOwnerCik>
            <rptOwnerName>SCP PRIVATE EQUITY PARTNERS II LP</rptOwnerName>
        </reportingOwnerId>
<reportingOwnerAddress><rptOwnerStreet1>435 Devon Park Drive, Building 300</rptOwnerStreet1><rptOwnerCity>Wayne</rptOwnerCity><rptOwnerState>PA</rptOwnerState><rptOwnerZipCode>19087</rptOwnerZipCode></reportingOwnerAddress><reportingOwnerRelationship><isDirector>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001124216</rptOwnerCik>
            <rptOwnerName>SCP PRIVATE EQUITY II LLC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>435 DEVON PARK DRIVE</rptOwnerStreet1>
            <rptOwnerStreet2>BUILDING 300</rptOwnerStreet2>
            <rptOwnerCity>WAYNE</rptOwnerCity>
            <rptOwnerState>PA</rptOwnerState>
            <rptOwnerZipCode>19087</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><nonDerivativeTable><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-08-13</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>C</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>6369427</value></transactionShares><transactionPricePerShare><value>1.57</value><footnoteId id="F1"/></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>47997549</value><footnoteId id="F6"/></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value><footnoteId id="F2"/></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-08-13</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>J</transactionCode><equitySwapInvolved>0</equitySwapInvolved><footnoteId id="F3"/></transactionCoding><transactionAmounts><transactionShares><value>4625347</value></transactionShares><transactionPricePerShare><value>0.1081</value><footnoteId id="F3"/></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>47997549</value><footnoteId id="F6"/></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value><footnoteId id="F2"/></directOrIndirectOwnership></ownershipNature></nonDerivativeTransaction></nonDerivativeTable><derivativeTable><derivativeTransaction><securityTitle><value>Series B Preferred Stock</value></securityTitle><conversionOrExercisePrice><value>1.57</value><footnoteId id="F1"/></conversionOrExercisePrice><transactionDate><value>2003-08-13</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>C</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>318471</value></transactionShares><transactionPricePerShare><value>0</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2003-08-13</value></exerciseDate><expirationDate><footnoteId id="F7"/></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>6369427</value><footnoteId id="F1"/></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value><footnoteId id="F2"/></directOrIndirectOwnership></ownershipNature></derivativeTransaction><derivativeTransaction><securityTitle><value>$4000000 Senior Secured Convertible Note due August 13, 2003</value></securityTitle><conversionOrExercisePrice><value>0.1081</value><footnoteId id="F4"/></conversionOrExercisePrice><transactionDate><value>2003-08-13</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>P</transactionCode><equitySwapInvolved>0</equitySwapInvolved></transactionCoding><transactionAmounts><transactionShares><value>1</value></transactionShares><transactionPricePerShare><value>4000000</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2003-08-13</value></exerciseDate><expirationDate><value>2007-08-13</value></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>37002775</value><footnoteId id="F4"/></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>1</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value><footnoteId id="F2"/></directOrIndirectOwnership></ownershipNature></derivativeTransaction><derivativeTransaction><securityTitle><value>Common Stock Purchase Warrant (right to buy)</value></securityTitle><conversionOrExercisePrice><footnoteId id="F5"/></conversionOrExercisePrice><transactionDate><value>2003-08-13</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>J</transactionCode><equitySwapInvolved>0</equitySwapInvolved><footnoteId id="F5"/></transactionCoding><transactionAmounts><transactionShares><value>955414</value></transactionShares><transactionPricePerShare><value>0</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><exerciseDate><value>2003-08-13</value></exerciseDate><expirationDate><footnoteId id="F7"/></expirationDate><underlyingSecurity><underlyingSecurityTitle><value>Common Stock</value></underlyingSecurityTitle><underlyingSecurityShares><value>955414</value></underlyingSecurityShares></underlyingSecurity><postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value><footnoteId id="F2"/></directOrIndirectOwnership></ownershipNature></derivativeTransaction></derivativeTable><footnotes><footnote id="F1">SCP Private Equity Partners II, L.P. ("SCP") converted 318,471 shares of Series B Preferred Stock on August 13, 2003, at a conversion price of $1.57 per share, resulting in its acquisition of 6,369,427 shares of common stock, pursuant to the conversion of the Series B Preferred Stock approved by the Issuer's stockholders on August 8, 2003 ("Series B Conversion").</footnote><footnote id="F2">For purposes of Section 16 reporting, SCP is deemed to be a direct beneficial owner of the derivative securities of the Issuer disclosed herein.  SCP Private Equity II, LLC (the "Manager") is deemed to be an indirect beneficial owner of the derivative securities of the Issuer disclosed herein because of a contractual agreement with SCP which grants the Manager the power to make voting and investment decisions regarding the securities held by SCP.</footnote><footnote id="F3">SCP received 4,625,347 shares of common stock in lieu of the $500,000 it would have been entitled to receive in connection with the Series B Conversion at an effective purchase price of $0.1081 per share.</footnote><footnote id="F4">The conversion price for the Senior Secured Convertible Note is subject to adjustment for certain dilutive issuances and the exercise of certain warrants, options and convertible securities.  In addition, under the terms of the Senior Secured Convertible Note, SCP is entitled to convert accrued but unpaid  interest under the Senior Secured Convertible Note into additional shares of common stock at the conversion price, as adjusted.</footnote><footnote id="F5">In connection with the Series B Conversion, SCP agreed to cancel the Common Stock Purchase Warrant dated May 15, 2001.</footnote><footnote id="F6">This number does not include 3,437,687 shares of common stock beneficially owned by SCP Private Equity Partners, L.P., of which SCP disclaims beneficial ownership.</footnote><footnote id="F7">No expiration date.</footnote></footnotes><ownerSignature><signatureName>James W. Brown, A manager of SCP Private Equity II, LLC, the manager of SCP Private Equity II General Partner, L.P., the General Partner of the Reporting Person</signatureName><signatureDate>2003-08-13</signatureDate></ownerSignature></ownershipDocument>



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</SUBMISSION>
