UTStarcom Wins IPTV Broadcasting Control Platform Contract in HainanThursday, May 10th, 2012
BEIJING — 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, announced today that it has been awarded a contract from Hainan Network Television (“HNWTV”) to build an integrated IPTV broadcasting control platform. Hainan is the second among 42 recently designated trial markets to award an IPTV solutions contract to UTStarcom. The new broadcasting control platform will support the content management and distribution needs of IPTV, Internet TV and mobile TV.
“This new platform will cover all of Hainan province and provide approximately 100,000 household subscribers with digital, high-definition, and bi-directional IPTV. It will also enable HNWTV to centrally manage their television content distribution, storage, advertising posting, and subscriber data information,” said UTStarcom President and CEO Mr. Jack Lu. “We are excited to have won our second contract in this current phase of China’s network convergence plan, as we continue to expand our market share and look to a smooth and accelerated development of the interactive media industry in the second half of 2012.”
Since 2010, UTStarcom has won and built nine additional IPTV broadcast control platforms across China, specifically in Beijing, Hubei, Hunan, Shandong, Shenzhen, Sichuan, Tianjin, Zhejiang, and Chongqing.
The Company delivers packaged solutions that include software and infrastructure development, content delivery network (CDN) support, and IPTV, Internet TV and mobile TV integration support.