UTStarcom Exceeds Key NGN Milestone of 500 Billion Minutes of Usage
ALAMEDA, Calif., April 7, 2008 /PRNewswire-FirstCall/ -- UTStarcom, Inc.
(Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions
and services, today announced a key milestone in its Next Generation Network
(NGN) business: from the second quarter of 2005 through the fourth quarter of
2007, the company's mSwitch(TM) NGN solution carried more than 500 billion
minutes of usage (MoU). Per quarterly market reports entitled 'New Voice
Networks' by leading market researcher iLocus, this represents 16 percent of
global Voice over IP (VoIP) traffic.
From the Second Quarter of 2005 through the Fourth Quarter of 2007, Company Carries 16 Percent of Global IP Telephony Traffic
Additionally, for the 11th consecutive quarter, iLocus ranked UTStarcom as
the number one vendor for Global Class 5 VoIP MoU.
'UTStarcom is one of the leading vendors for next generation voice
networks as evidenced by its continued leadership for Class 5 and Local
traffic on IP networks,' noted
'In the past 11 consecutive quarters where UTStarcom has dominated the Class 5
and Local VoIP market, UTStarcom has established its leadership with a
cumulative 45 percent share of global Class 5 IP voice traffic. Recent
deployment contracts for UTStarcom including PLDT in
NGN is a core business focus area for UTStarcom, as the company continues
to capitalize on the trends of explosive Internet traffic and the end-of-life
of traditional switches. UTStarcom NGN solutions are designed to converge
existing services and new multimedia-rich applications onto a single NGN
solution. The company incorporates a comprehensive feature set, including
support for local and long distance voice services that previously required
implementation of large and very complex telephone switches. UTStarcom also
supports value-added applications such as unified messaging and
communications, fixed mobile convergence (FMC) and many more.
For service providers, UTStarcom's NGN solutions can reduce recurring
operating expense (OPEX) while enabling new applications and providing an
integrated back end system (BES) for solutions including NGN, Broadband and
Internet Protocol TV (IPTV). UTStarcom's NGN solution architecture provides a
converged 'Triple Play' service delivery of voice, data and video.
About UTStarcom, Inc.
UTStarcom is a global leader in IP-based, end-to-end networking solutions
and international service and support. The company develops, manufactures and
markets its broadband, wireless, and terminal solutions to network operators
in both emerging and established telecommunications markets worldwide.
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. UTStarcom was founded in 1991 and
is headquartered in
development centers in the
information about UTStarcom, visit the company's Web site at http://www.utstar.com/.
Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995
The statements contained in this press release that are not purely
historical are forward-looking statements within the meaning of Section 21E of
the Securities and Exchange Act of 1934, as amended, including statements
regarding UTStarcom's expectations, beliefs, intentions or strategies
regarding the future and including, without limitation, the anticipated
deployment of the UTStarcom NGN solution in the Jersey Telecom network;
anticipated continued growth of Internet market; the termination of new
contracts, partnerships or alliances; and changes in government regulation and
All forward-looking statements included in this document are based
upon information available to UTStarcom as of the date hereof, and UTStarcom
assumes no obligation to update any such forward-looking statements.
Forward-looking statements involve risks and uncertainties, which could cause
actual results to differ materially from those projected. These risks and
other risks relating to UTStarcom's business are set forth in the documents
filed by UTStarcom with the Securities and Exchange Commission, specifically
its most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and
Current Reports on Form 8-K, and amendments thereto.
SOURCE UTStarcom, Inc.