Thousands of Lines of UTStarcom's AN-2000 Broadband Multi-Service Access
Network to Support Voice, Data, and ADSL Services
ALAMEDA, Calif., June 30 /PRNewswire-FirstCall/ --
UTStarcom, Inc. (Nasdaq: UTSI), a leading global provider of wireless and
wireline access and IP switching solutions, today announced that it has signed
its first contract in Europe with the Cyprus Telecommunications Authority
(CYTA).
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
UTStarcom will supply its AN-2000 Broadband Multi-Service Access Network
(MSAN) in support of CYTA's nationwide rollout of a "Fiber-to-the-Cabinet"
(FTTCab) network of voice, data, and ADSL services for enterprise and
residential subscribers throughout Cyprus.
"Developing a global customer base has been a top priority for UTStarcom
over the last several months," said David Robison, vice president of
international sales for UTStarcom. "We strongly believe that our diverse
product family of wireline and wireless access technology can fit the needs of
clients in markets around the world, whether in Asia, South America, Europe,
Africa, or North America. Our continued financial strength and corporate
growth will allow us to expand UTStarcom worldwide and bring high-value
solutions that enable service providers to realize their business objectives."
About Cyprus Telecommunications Authority
CYTA is the primary provider of a variety of advanced telecommunications
services in Cyprus, covering the whole spectrum of customer needs for both
voice and data communications, fixed and mobile. With nearly 430,000 fixed
lines, 450,000 mobile, prepaid and postpaid lines, 20,000 Internet
subscriptions, and 10,000 ADSL users for a population of 750,000, CYTA
currently holds a leading position in the Cyprus market. CYTA also places
special emphasis on providing value-added services to its customers, such as
various Internet-based multimedia services.
Cyprus, which is expected to join the European Union next year, is
strategically located in the crossroads of Europe, the Middle East, and
Africa, in the Mediterranean Sea. It has established itself not only as a
tourism center in the region but also as a premier telecommunication hub for
the information and communication technology sector, with CYTA playing a key
role as network and service provider.
About the AN-2000 MSAN
The AN-2000 Multi-Service Access Network is an integrated access platform
that delivers traditional voice and a host of broadband data services to
subscribers over a wireline network. The AN-2000 MSAN solution can be deployed
in any network topology over fiber, copper, or microwave radio, securing a
carrier's investment with integrated ATM and IP capability from the same
platform.
The AN-2000 MSAN delivers a comprehensive suite of services, including
traditional analog voice services; digital voice and data over ISDN; analog
and digital leased-line services over IDSL or SHDSL; broadband data over SHDSL
and ADSL; and high-performance, always-on Internet access. It connects to the
PSTN on V5.2, V5.1, or two-wire interface and supports ATM or IP backhaul for
data services.
About UTStarcom, Inc.
Founded in 1991 and headquartered in Alameda, California, UTStarcom is a
leading global provider of wireless and wireline access and IP switching
solutions. The company designs, manufactures, sells, and installs an
integrated suite of future-ready access network and next-generation switching
solutions. We enable wireless and wireline operators in fast-growth markets
worldwide to offer voice, data, and Internet access services rapidly and cost
effectively by utilizing their existing infrastructure.
UTStarcom's products provide a seamless migration from wireline to
wireless, from narrowband to broadband, and from circuit- to packet-based
networks by employing "Next Generation Network Technology. Now." The company's
customers include public telecommunications service providers that operate
wireless and wireline voice and data networks in rapidly growing
communications markets around the world.
For more information about UTStarcom, visit the company's Web site at
http://www.utstar.com.
NOTE: PAS, AN-2000, MSAN, WACOS and the UTStarcom name and logo are
trademarks of UTStarcom, Inc. and its subsidiaries.
Forward-Looking Statements
The foregoing statements regarding, without limitation, the Company's
continued financial strength or sustainability, the Company's continued
corporate growth, the Company's ability to expand on a worldwide basis, the
expectation that Cypress will join the European Union and the ability to
deploy the Company's AN-2000 MSAN solution in any network topology are
forward-looking in nature and are subject to risks and uncertainties that may
cause actual results to differ materially. These factors include rapidly
changing technology, the changing nature of telecommunications markets in
China and elsewhere, possible delays in system deployments or product
introductions, possible downturns in the telecommunications markets both in
China and worldwide, the termination of new contracts, partnerships or
alliances, reductions or potential cancellation or non-recognition of backlog,
and uncertainties such as changes in government regulation and licensing
requirements in China. The Company also refers readers to the risk factors
identified in its Annual Report on Form 10-K and its Quarterly Reports on Form
10-Q as filed with the Securities and Exchange Commission.
SOURCE UTStarcom, Inc.
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Related links:
http://www.utstar.com
Photo Notes:
NewsCom:
http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, 888-776-6555 or +1-212-782-2840
CONTACT:
Michael J. Sophie, Vice President of Finance,
CFO, +1-510-749-1510, or Chesha Kamieniecki, Investor Relations
Manager, +1-510-749-1560, both of UTStarcom, Inc.; or media,
Stephanie Gallagher of Engage PR, +1-510-748-8200, ext. 213, or
stephanie@engagepr.com, for UTStarcom, Inc.
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