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Industry News

UTStarcom recognized by TEMA India for positive impact on India's Telecommunications Market Growth



Posted On : 2008-07-07 10:54:48( TIMEZONE : IST )

UTStarcom recognized by TEMA India for positive impact on India's Telecommunications Market Growth

Telecom Equipment Manufacturers Association (TEMA) Selects UTStarcom for the "Excellence in Telecom Services and Solutions" Award

New Delhi, July 7, 2008 – UTStarcom, Inc. (Nasdaq: UTSI), today announced that it has received an "Excellence in Telecom Services and Solutions" award from the Telecom Equipment Manufacturers Association (TEMA) in India.

The award, which was presented to the company by Thiru A. Raja, Honorable Union Minister of Communications and IT in India during the second annual TEMA National Awards, recognizes UTStarcom's continued innovation in Internet Protocol TV (IPTV), Broadband and Next Generation Networks (NGN) and its direct impact on India's telecom market growth.

TEMA is recognized by the Government of India as the National Apex body to represent telecom technology providers as well as various public and private stakeholders in the telecommunications industry.

"UTStarcom has made a long-term investment in, and commitment to, the success of IPTV, Broadband and NGN solutions in India's rapidly growing market," said Vijay Yadav, vice president and managing director, South Asia operations, UTStarcom. "We will continue to collaborate with the region's service providers, as well as India's governmental broadband authority, to ensure that we establish the highest quality telecommunications infrastructure to deliver the most advanced services to consumers throughout the country."

UTStarcom's award selection by the TEMA National Telecom Award Committee demonstrates the company's continued leadership in critical projects in India such as the BSNL multiplay deployment that began in 2007, the pioneering IPTV deployments with Bharti Airtel and MTNL and other key broadband initiatives coinciding with the Government of India's 2007 Year of Broadband campaign.

UTStarcom offers a wide range of products that enable service providers to deliver high-quality, affordable voice, data and video services in both emerging and established telecommunications markets worldwide.

UTStarcom's RollingStream® end-to-end IPTV system currently supports more than 850,000 live IPTV subscribers globally and maintains a current total system capacity of more than 2.5 million subscribers as a result of recent successful deployments in China with China Netcom and China Telecom, in India with Bharti Airtel, MTNL/Aksh and United Telecoms Limited, in Sri Lanka with SLT, in Japan with Softbank, in Latin America with Brasil Telecom and in Taiwan with Markwell.

UTStarcom's Broadband solutions enable deployment of IP-based, high-speed Internet, voice, data and multimedia services over wireline and optical networks.

UTStarcom's NGN solutions include IP telephony for next-generation voice and data networks ensuring a converged "triple play" service delivery of voice, data and multimedia services.

Source : Equity Bulls

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