UTStarcom Wins Major Contract to Support Carrier Wi-Fi System in Bangladesh
HONG KONG, April 30, 2015 (GLOBE NEWSWIRE) -- UTStarcom (Nasdaq:UTSI), a global telecommunications infrastructure provider, today announced that the Company has been awarded a significant contract to support a major Carrier Wi-Fi system integration for Banglalion Communications Ltd. (Banglalion Communications), a leading WiMAX (Wireless Interoperability for Microwave Access) 4G operator in Bangladesh. This partnership further complements UTStarcom's efforts to expand its global footprint and will allow the Company to enter a new growth market.
As part of the contract, UTStarcom will supply the Carrier Wi-Fi solution to Banglalion Communications within Bangladesh. It will also include the Access Controller, Access Point and EMS management system. UTStarcom will also supply and integrate the Carrier Wi-Fi system equipped with a TD-LTE service and this will enable the operator to unify user and billing management.
Banglalion is currently using WiMAX technology, having recently obtained a nationwide license from BTRC to deploy the more advanced 4G LTE (Long Term Evolution) network. This will allow them to offer enhanced broadband wireless access services. Banglalion will modernize and expand its Wi-Fi network using UTStarcom's technology. As a result, customers will be able to use the very latest wireless broadband technology at a much more competitive rate in key public locations including hospitals, educational institutions and shopping centers.
"Banglalion Communications is a very important new customer for UTStarcom as we expand our global presence to include Bangladesh," said William Wong, Chief Executive Officer of UTStarcom. "We look forward to working in partnership with Banglalion Communications as they enhance the data connectivity for their end-users. This is a major advancement for UTStarcom as we expand our market share in the managed Carrier Wi-Fi market. We are now firmly established as a market leader in this space, not just in Japan but in other markets around the globe."
UTStarcom Carrier Wi-Fi product portfolio consists of a full range of access points, centralized wireless network control system and services management solution. UTStarcom Carrier Wi-Fi solution is a platform which will enable operators to add additional features and applications in the future, giving the operators a scalable solution to meet their evolving business needs.
This is an initial project for UTStarcom in Bangladesh and the first time UTStarcom Carrier Wi-Fi solution is going to be adopted by another operator, having successfully piloted the product with Softbank in Japan. UTStarcom co-developed this Carrier Wi-Fi solution with Softbank and it focuses on the end-user experience and large scale deployment thereby offering both greater efficiencies and high performance at a reasonable cost.
About UTStarcom Holdings Corp.
UTStarcom (Nasdaq:UTSI) 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 Tokyo, Japan; San Jose, USA; Hangzhou, China; Delhi and Bangalore, India. For more information about UTStarcom, please visit http://www.utstar.com.
CONTACT: For investor and media inquiries, please contact: Jiang Ning UTStarcom Holdings Corp. Tel: +852-3951-9757 Email: email@example.com Joanna Jiang (Beijing) Tel: +86-10-8591-1958 Email: Joanna.Jiang@fticonsulting.com Sean Pattwell (Hong Kong) Tel: +852-3768-4543 Email: Sean.Pattwell@fticonsulting.com