UTStarcom Wins Contracts from Sichuan Province for the PTN Commercial Deployment in China's Next Generation Broadcasting (NGB) Network |
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UTStarcom
1275 Harbor Bay Parkway
Alameda, CA, 94502
USA
Press release date: December 23, 2010
BEIJING - UTStarcom, Inc. ("UTStarcom" or "the Company") (Nasdaq: UTSI) a global leader in IP-based, end-to-end networking solutions and international service and support in China today announced that it has won the bids to provide the equipment and platform for the regional Packet Transport Network (PTN) for the Radio & TV Network Centers in Guangan City and Shehong County inside Sichuan Province.
After deployment of the UTStarcom solution, both Radio & TV Network Centers will be able to provide Video-on-demand (VOD) and data broadcasting services and other value added services within its cable TV network.
"We are encouraged by winning the two contracts in Sichuan, which is recognition by broadcasters of the advanced feature of our NetRing product solution, and the quality of our services," said Jack Lu, Chief Executive Officer of UTStarcom. "We expect to see continued success with our PTN products, as more and more broadcasting operators realize the value of investment in the NGB network to improve their infrastructure."
The establishment of a regional network is an important element to completing the NGB Network. UTStarcom's NetRing PTN solution enables a regional network which can bear multi-play-broadcasting and large-scale multimedia data operation. The solution can also support the high-bandwidth utilization of the NGB network and is easy to manage and maintain.
About UTStarcom, Inc. UTStarcom is a global leader in IP-based, end-to-end networking solutions and international service and support. The Company sells its solutions to operators in both emerging and established telecommunications and cable markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient, end-to-end IP networks.
Founded in 1991, listed on the NASDAQ in 2000, the Company has its operational headquarters in Beijing, China and research and development operations in China and India. For more information about UTStarcom, visit the Company's Web site at http://www.utstar.com.
SOURCE UTStarcom, Inc
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