UTStarcom goes from strength to strength in Asia

30 Apr 2003

California-based wireless, wireline and broadband equipment provider UTStarcom [Nasdaq: UTSI] has reported signing another significant fixed line supply contract in India and, separately, said its deployment of personal access system (PAS) in China is going from strength to strength. UTStarcom says it has inked deals with Tata Teleservices, India’s largest privately owned fixed line services provider, to roll out 56,000 lines of its AN-2000 multi-service access platform. The latest deal means that UTStarcom has signed up six of the eight basic services operators in the country including incumbent operators Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL); at the end of 2002 over 600,000 of its AN-2000 lines had been deployed in India. Elsewhere, the Californian company reported that the number of subscribers to its city-wide PAS system in China had topped the ten million mark, adding that over 30% of all fixed line sign-ups in the first quarter of this year were PAS users. Since its launch in January 1999, PAS has experienced phenomenal growth in the People’s Republic, with the PAS subscriber base rising from just 4,000 users in one city to being widely available in over 600 cities in mainland China. Indeed, UTStarcom claims that demand for handsets is currently outstripping supply.

China