UTStarcom Announces $50 Million in New China Netcom Contracts

UTStarcom has signed contracts valued at approximately $50 million with China Netcom Corporation for new and expansion deployments of its IP-based PAS (Personal Access System) in several northern cities in China. UTStarcom said it has seen "incredible demand" in recent months for its PAS systems in China. The platform is marketed as a low-cost investment option for wireless local telephone service with support for broadband expansion.
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