UTStarcom Joins With telent to Integrate, Resell Custom NGN Solutions in the United Kingdom
Feb. 4, 2010 (PR Newswire) -- UTStarcom Joins With telent to Integrate, Resell Custom NGN Solutions in the United Kingdom */
Strategic alliance to maximize UTStarcom's mSwitch(R) product portfolio for new service and network deployments
ALAMEDA, Calif. -- UTStarcom, Inc. (Nasdaq: UTSI) and telent Technology Services Limited today each announced a strategic sales and services agreement for the UTStarcom mSwitch® product portfolio in the United Kingdom (UK).
UTStarcom's mSwitch® NGN products will be packaged with telent's technology services solutions to create a new Next Generation Network (NGN) solution set designed to specifically address the needs of UK operators in refreshing their existing networks and providing for the future deployment of multimedia services over packet-based access technologies.
Building on NGN successes in Europe and Asia Pacific, this strategic agreement enables UTStarcom to expand the reach and impact of its global mSwitch® solutions into the UK and Ireland.
"One of UTStarcom's first mSwitch® NGN deployments outside of China is with a tier one UK operator, so we already have a core regional solution that is transitioning operators' legacy core networks to the next generation IP based network," said Luis Dominguez, senior vice president of international sales, marketing and services at UTStarcom, Inc. "This alliance with telent will enable UTStarcom to deliver on the unique emerging needs of operators by building on incumbent customer relationships and developing an expanded presence in competitive markets such as Europe."
telent will combine its expertise in specific market sectors such as telecommunications with UTStarcom's advanced mSwitch® NGN product family to create solutions that can offer resilience of service and value for customers' investments.
"We are extremely pleased to have created this strategic alliance with UTStarcom," said Keith Higginbotham, general manager of telent's telco network services business unit. "This agreement allows us to further extend our network technology expertise in customer NGNs, and it highlights our growing relationship with added-value technology vendors such as UTStarcom.
With annual revenues of over 350 million pounds Sterling, telent has decades of experience in supplying a broad range of network and communications services in the UK and Germany. Today, the privately held company employs over 2,500 people and has one of the largest engineering field forces in the UK. Customers include: Airwave, BT, Deutsche Bahn, EADS, Merseyside Fire & Rescue, the Metropolitan Police, National Express, Network Rail, Stagecoach, Tube Lines, and the UK Highways Agency. For more information, please visit: http://www.telent.com
About UTStarcom, Inc.
UTStarcom is a global leader in IP-based, end-to-end networking solutions and international service and support. The company sells its solutions to operators in both emerging and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient, end-to-end IP networks. The company was founded in 1991 and is headquartered in Alameda, California. For more information, please visit: http://www.utstar.com/Products/Next_Generation_Network/.
This press release contains forward-looking statements regarding UTStarcom's future strategy, including statements regarding the company's NGN product portfolios. These statements are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. Factors that could cause actual results to differ materially from those contained in our forward-looking statements include: risks associated with delays in product development and implementation of new products and technologies; economic issues in the identified geographic markets; and changes in government regulations and licensing requirements. Please also refer to UTStarcom's periodic reports that are filed from time to time with the Securities and Exchange commission, including our latest Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. UTStarcom assumes no obligation to, and does not currently intend to, update these forward-looking statements.
SOURCE UTStarcom, Inc.