Tuesday, May 20, 2003

UTStarcom Signs $20 Million Contract with China Telecom Guangdong

UTStarcom signed a contract expansion valued at approximately $20 million with China Telecom Guangdong province for additional handsets for new subscribers, as well as expansion of its IP-based PAS (Personal Access System). In April, five cities in Guangzhou province launched low-cost, fixed wireless local telephony service using UTStarcom's PAS. Demand for the service has been strong, with nearly 300,000 subscribers added in less than two months of service. Additionally, China Telecom Guangdong province will soon offer value-added services with PAS, such as short messaging service (SMS). As of April 2003, more than 10 million local lines in China were provided with UTStarcom's PAS technology.
http://www.utstarcom.com
http://www.chinatelecom.com.cn