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  • UTStarcom Holdings Corp. (UTSI) IPTV Platform Receives Influential Award From Chinese Ministry Of Science And Technology At Key Cable Industry Trade Show In Beijing 0 comments
    Mar 27, 2012 2:44 PM | about stocks: UTSI

    UTStarcom, which has developed a broad spectrum portfolio of IPTV solutions ranging from the mundane to advanced NGN (next generation network) frameworks, reported reception today of a key Innovation Award from the Chinese Ministry of Science and Technology for their integrated IPTV broadcasting control platform, which was designed around China's network convergence goals set forth in the Triple Network Convergence Policy.

    China's Triple Network Convergence Policy seeks to fuse together cable, voice, and Internet networks. The UTSI platform was awarded during a top Chinese cable operator trade show, the 20th Annual China Content Broadcasting Network (CCBN) exhibition in Beijing, marking a serious win for the company that has also generated significant collateral buzz. Held at the prestigious China International Exhibition Center in the heart of the PRC's capital, the CCBN was an ideal showcase for UTSI's superb technology offerings.

    And what's not to like? UTSI is buzz-worthy, with a portfolio that covers the entire range of requisite technology competencies required to spearhead precisely this kind of government-led initiative to transform China's infoscape. With vast territory in interactive IP-based network solutions that stretches well beyond IPTV, iDTV, and Internet TV, to Broadband for cable and telecoms, NGN solutions like IP telephony for next-gen voice/data networks, optical transport networks, and customer premise concepts like set-top boxes, UTSI is a serious industry force to be reckoned with.

    The UTSI, IPTV broadcasting control platform was designed to destroy the competition and claim the prize, with full support capability for content distribution functions across IPTV, iDTV, and Internet TV, handling multiple output vectors to just about any networkable device from TVs and PCs, to tablets, mobiles, and smartphones. An initial twelve trial cities from 2010 in the first-phase roll out saw the installation of six IPTV platforms in key markets (Beijing, Hubei, Hunan, Shandong, Shenzhen, and Sichuan), with UTSI also setting up systems in key ancillary markets like Tianjin and Hangzhou, thus carving out a massive slice of the Chinese cable pie.

    The Innovation Award is a coveted prize among leaders in the Chinese cable industry as a whole and UTSI was chosen due to the powerful design concept execution evident in their IPTV broadcasting control platform. Razor-sharp, cutting-edge technologies and a winning service envelope sealed the deal for UTSI at this year's CCBN, making it the fourth time the company has received the award, a real testament to the continued success of UTStarcom at innovating in the field.

    President and CEO or UTSI, Jack Lu, hailed the Chinese Ministry of Science for this continued recognition of the company's ability to execute with exemplary solutions, pledging to ride the Chinese convergence wave to serious growth and ROI for investors in and beyond 2012.

    Lu emphasized the 42 trial city, phase-two roll out announced at the end of last year as being fundamental to opening up new market opportunities for the proven model/portfolio, vowing to maintain that focus on the cable market which has spelled such success for UTSI thus far. Higher margins and higher bookings from sales in 2011 have underlined the value of the cable area for the company and with such solutions being light up by the bright lights of key industry awards, handed out by the agencies pushing convergence, UTSI is a smart move that is showing real growth potential as they hammer out a clear migration path to cost-effective, end-to-end IP network solutions.

    For more information on the reception of this influential award, or to learn more about UTStarcom Holdings Corp., please visit the company's website at: www.UTStar.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    Stocks: UTSI
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