UTStarcom to Present at the Next Generation Packet Transport Networks 2014
HONG KONG, Sept. 22, 2014 (GLOBE NEWSWIRE) -- UTStarcom (Nasdaq:UTSI), a global telecommunications infrastructure provider, today announced that it will participate in the upcoming Next Generation Packet Transport Networks Conference in India on September 23 and 25, 2014.
UTStarcom will send a delegation of seven representatives, led by Mr. William Wong, Chief Executive Officer and Mr. Min Xu, Chief Financial Officer.
Next Generation Packet Transport Networks is a prominent Indian telecom industry event and will address topical industry developments from around the globe. UTStarcom will give a presentation on its Software Defined Networking (SDN) solution and its ability to help network operators better monetize network assets and offer new value-add and dynamic services. The Company's attendees will also participate in two panel discussions titled "Saving Capex and Opex and Delivering New Services with Carrier SDN" and "Defining the Next Generation Metro Edge and Backhaul Networks."
India is a strategic market for UTStarcom and one in which the Company has established a leadership position. UTStarcom incorporated in India in 2001 and currently has around 35% market share in the country's broadband infrastructure market. UTStarcom recently signed a contract to supply multi-service access network (MSAN) equipment and support design, engineering and installation for Bharat Sanchar Nigam Ltd. (BSNL), India's leading telecom service provider. BSNL is upgrading its network to offer Next Generation Multi-Media Services to its customers.
"UTStarcom has established a great presence in India through close partnerships with local carriers," said William Wong, UTStarcom's Chief Executive Officer. "We will continue to grow our value-added broadband business and maintain our strong position in India, which is one of the largest, fastest growing and most competitive telecom markets worldwide. Our proven technologies and high customer satisfaction give us a competitive advantage as we expand our footprint across the Asia Pacific region."
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; Delhi and Bangalore, India; Hangzhou, China. For more information about UTStarcom, please visit http://www.utstar.com.
CONTACT: For investor and media inquiries, please contact: Jane Zuo UTStarcom Holdings Corp. Tel: +852-3750-7632 Email: email@example.com Daniel DelRe (Hong Kong) Tel: +852-3768-4547 Email: Daniel.DelRe@fticonsulting.com Simona Kormanikova (New York) Tel: +1-212-850-5685 Email: Simona.Kormanikova@fticonsulting.com May Shen (Beijing) Tel: +86-10-8591-1951 Email: May.Shen@fticonsulting.com