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UTStarcom Launches Internet TV Platform In North America

Stocks in this article: UTSI

 

BEIJING, Oct. 3, 2011 /PRNewswire-Asia-FirstCall/ -- UTStarcom Holdings Corp. ("UTStarcom" or "the Company") (NASDAQ: UTSI) a leading provider of interactive, IP-based network solutions in iDTV, IPTV, Internet TV and broadband for cable and telecom operators, today announced the commercial launch of its Internet TV platform in North America through its majority-owned subsidiary, iTV Media Inc., formerly known as Stage Smart Limited. The platform provides Chinese language content targeting the Chinese-speaking population located in North America.

"Our Internet TV platform will serve a growing demand for Chinese language television content from the overseas Chinese-speaking population," said UTStarcom CEO Jack Lu. "Our platform utilizes Internet-related broadcasting technology to stream high-quality content to homes in North America. Subscribers will not only be able to enjoy rich Chinese language content, but also various value-added interactive services like distance-learning, gaming and e-commerce. Moreover, the launch of the Internet TV platform in North America will open up additional revenue opportunities for our operational support service business, which will be able to generate revenue by providing support services to subscribers of the Internet TV platform."

UTStarcom's Internet TV platform combines a variety of key technological features such as streaming media, video codec, database management, transmission, encryption, and server functionality. All TV programs are capable of being broadcasted via a computer, laptop, iPad and various other devices.

The Internet TV platform is accessible through the website www.iTV.cn and will provide a high-quality user experience including:

Integrated multi-screen viewing from a single platform

  • Time and location shifting
  • Reliable HD streaming
  • Multi-language programming
  • Value-added interactive services

About UTStarcom Holdings Corp

UTStarcom is a leading provider of interactive, IP-based network solutions in iDTV, IPTV, Internet TV and Broadband for cable and telecom operators. The Company sells its solutions to operators in both emerging and established telecommunications and cable markets around the world. 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.

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