UTStarcom was awarded a new contract valued at approximately $20 million to supply its NetRing 10000 STM-64 multiservice optical transport product to the SOFTBANK Group. SOFTBANK intends to deploy the equipment in the construction of a new network with Japan Telecom. UTStarcom NetRing platform provides aggregation, grooming, cross-connect, and transport functionality to deliver high-density, highly efficient STM-1 to STM-64, PDH (E1/DS1, E3/DS3), Fast Ethernet, Gigabit Ethernet, and ATM services in SDH-based carrier networks. In terms of functionally,...