Wednesday, November 3, 2004

UTStarcom Announces $20 Million Contract With China Netcom

UTStarcom signed a contract valued at approximately $20 million with China Netcom to expand its existing IP-based PAS network in seven cities in Liaoning Province in northeast China.



In 2000, China Netcom launched PAS service in three cities in Liaoning Province. Four years later, more than 2.6 million people subscribe for PAS service in 14 cities throughout the province. UTStarcom said it continues to be the leading PAS equipment vendor in the province with better than 50% market share in both infrastructure and handsets."http://www.utstar.com/