BEIJING, Nov. 23, 2011 /PRNewswire-Asia-FirstCall/ -- UTStarcom, Inc. ("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 that it was awarded a provincial level contract from Zhejiang Radio, Film, and TV Bureau to build the largest integrated IPTV broadcasting control platform in China. The platform has the capacity to serve approximately two million households across Zhejiang province.
UTStarcom President and CEO Mr. Jack Lu said, "We are excited to have won this contract after a rigorous and highly contested bidding process. Zhejiang province has been at the forefront of China's progression towards three network convergence and our digital, high-definition broadcasting control platform will further strengthen their leading position in IPTV service. Our solution will provide bi-directional service and enable the customer to efficiently manage, store and search user data and media content all at a lower cost. This contract win expands our market-leading position in the PITV broadcasting control platform market in China. We will continue to pursue future opportunities related to China's triple play network convergence, especially as a second round of trial cities are to be announced in the near future."
Since 2010, UTStarcom has built seven IPTV broadcast control platforms across China, specifically in Beijing, Hubei, Hunan, Shandong, Shenzhen, Sichuan, and Tianjin.
UTStarcom will deliver a packaged solution that includes software and infrastructure development, as well as content delivery network (CDN) support.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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