Sunday, April 11, 2004

UTStarcom : China Telecom Adds One Million New Subscribers in Q1

UTStarcom announced a new contract valued at approximately $40 million with China Telecom to expand and optimize its IP-based PAS (Personal Access System) network in Jiangsu province. China Telecom's iPAS networks will be expanded in seven cities in the province. UTStarcom will also extend its mSwitch-based iPAS core network in two cities and the value-added services (VAS) platform for the entire province.



UTStarcom claims more than 60% of the market share for both PAS handsets and infrastructure in Jiangsu province. The company said more than 1.15 million people subscribed for PAS service with CTC Jiangsu during Q1 2004 -- representing six times the number of new enrollments compared to the same period a year earlier. Nearly four million people currently subscribe for PAS service in Jiangsu province, the second largest telecom market in China after the Guangdong province. http://www.utstar.com