This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

UTStarcom Markets Wi-Fi Data Offloading Technology To Global Customer Base

Stocks in this article: UTSI

- MSG10K is the Leading Carrier-Grade Multi-Service Gateway Product - - MSG10K Already Deployed to Provide Wireless Broadband Access on Softbank 4G/LTE Mobile Network -

HONG KONG, June 4, 2014 (GLOBE NEWSWIRE) --UTStarcom (Nasdaq:UTSI), a global telecommunications infrastructure provider, announced today that it will market to a global customer base its carrier-class multi-service gateway technology, MSG10K, that combines routing, switching, WLAN gateway and access controller functionalities into a unified multi-core system. The MSG10K helps telecommunications carriers to meet with the skyrocketing customer demand for mobile data and deliver the best mobile experience with the lowest possible capital and operating costs.

UTStarcom's advanced wireless broadband access technology complements its growing portfolio of MPLS-TP and Carrier Ethernet-based packet optical transport products by providing a greater range of products that simplify the process of network planning and deployment. This complementary Wi-Fi data offload technology, enables large-scale mobile operators to integrate of Wi-Fi with the mobile network to realize seamless Wi-Fi and 4G/LTE internetworking. Its capacity to support up to 120,000 access points within one single chassis is unrivaled in the market.

The technology is already in commercial deployment on the network of Softbank Mobile in Japan, but UTStarcom is now marketing it to carriers worldwide as demand for it is poised to grow rapidly. According to Infonetics, the global mobile data traffic is surging at a 92% compound annual growth rate, and the global carrier Wi-Fi equipment market is expected to grow at a high double-digit percentage annually at least through 2016 to hit $2.1 billion.

"This is a major step forward for UTStarcom's platform of wireless broadband access products and shows how we are leading the industry in wireless broadband technology development. This positions us as a category leader leading a high-growth segment of the market," said William Wong, UTStarcom's Chief Executive Officer.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,887.54 +82.74 0.46%
S&P 500 2,070.55 -0.10 -0.00%
NASDAQ 4,766.59 +1.21 0.03%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs