UTStarcom Wins Major Project in India
– UT is System Integrator for large-scale Class 5 network –
– Project includes provision of next generation UT equipment –
HONG KONG, March 08, 2018 (GLOBE NEWSWIRE) -- UTStarcom (“UTStarcom” or “the Company”) (NASDAQ:UTSI), a global telecommunications infrastructure provider, today announced a significant project win in India with Bharat Sanchar Nigam Limited (“BSNL”), a large public sector company that provides a comprehensive range of telecom services in India. BSNL is the Company’s major strategic customer in the region.
BSNL is upgrading its nationwide network that will offer Next generation voice and data services to its large customer base. UTStarcom was contracted to help build out the Class 5 Next Generation Network (“NGN”) infrastructure within the new network. NGN refers to packet-based networks, typically running Internet Protocol, that provide data, voice and media services by making use of multiple transport technologies.
As a System Integrator, UTStarcom will manage the supply of equipment and deliver a full range of services including planning, design, engineering, installation, integration, testing, and commissioning. UTStarcom equipment to be supplied includes both core and access components:
- In the Core, UTStarcom will supply mSwitch, its large-capacity end-to-end IP Multimedia Subsystem (IMS) platform. mSwitch is designed for efficient delivery of multimedia to various client device types over any access network.
- Access equipment being supplied by the Company includes several models of its Line Media Gateways. These products are a cost effective and versatile solution that provides a unique set of capabilities enabling service providers to deliver the most competitive triple play service offerings.
The Company will also provide annual maintenance for the equipment.
UTStarcom Chief Executive Officer Tim Ti commented, “India is a core market for us. We have made significant investments there, and built a great track record of helping our customers achieve their objectives. Our team in India is strong, and our products and services will enable our customers to advance to the next technological level.”
UTStarcom’s Managing Director of Sales & Marketing in India, Rahul Pandey stated, “We are happy to support BSNL in its effort to make modern broadband services available to a larger number of Indian customers. BSNL is a valued customer and we are confident our equipment and integration services will meet their needs, both in this project and in future work.”
About UTStarcom Holdings Corp.
UTStarcom is a global telecom infrastructure provider dedicated to developing technology that will serve the rapidly growing demand for bandwidth from cloud-based services, mobile, streaming, and other applications. We work with carriers globally, from Asia to the Americas, to meet this demand through a range of innovative broadband packet optical transport and wireless/fixed-line access products and solutions. The Company’s end-to-end broadband product portfolio, enhanced through in-house Software Defined Networking (SDN)-based orchestration, enables mobile and fixed-line network operators and enterprises worldwide to build highly efficient and resilient future-proof networks for a range of applications, including mobile backhaul, metro aggregation, broadband access and Wi-Fi data offload. Our strategic investments in media operational support service providers expand UTStarcom’s capabilities in the field of next generation video platforms. UTStarcom was founded in 1991, started trading on NASDAQ in 2000, and has operating entities in Hong Kong; Tokyo, Japan; San Jose, USA; Delhi and Bangalore, India; Hangzhou and China. For more information about UTStarcom, please visit http://www.utstar.com.
For investor and media inquiries, please contact:
UTStarcom Holdings Corp.
Ms. Fei Wang, Director of Investor Relations
Ms. Ning Jiang, Investor Relations
In the United States:
The Blueshirt Group
Mr. Ralph Fong
Tel: +1 (415) 489-2195