UTStarcom Announces End-to-End Internet TV Platform for Newly Established Network Television Station
UTStarcom Provides End-to-End Internet TV Solution for Newly Launched Network Television Station
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 that it successfully completed construction on its previously announced end-to-end Internet TV platform. The platform will be deployed for the newly established Network Television Station, which launched on September 1, 2011.
UTStarcom employed its core RollingStream® technology system to develop a customized platform. The end-to-end Internet TV platform will give the new radio and television organization the ability to provide a full package of value-added services to its subscribers, including high-definition interactive digital TV, video-on-demand, online gaming, shopping, education and many other services under one subscription.
“We believe our end-to-end Internet platform can further increase the new TV station’s revenue opportunities through an enhanced subscriber experience,” said UTStarcom President and CEO Jack Lu. “This announcement reflects our ability to design customized solutions that meet the increasingly sophisticated demands of our customers. While the cable industry in China continues to develop with a clear trend towards network convergence, we are confident that our IP-based network solutions in iDTV, IPTV and Internet TV will allow us to capture significant business opportunities in the coming quarters.”
About RollingStream® Technology System
UTStarcom’s RollingStream® Technology System provides customers with market-leading interactive TV solutions. The system enables operators to provide iDTV, IPTV, Internet TV, mobile TV, video information and other industrial applications.
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.
Founded in 1991, listed on the NASDAQ in 2000, the Company has its operational headquarters in Beijing, China and research and development operations in China and India. For more information about UTStarcom, visit the Company’s Web site at http://www.utstar.com.
