ALAMEDA,
Calif., May 27, 2008 /PRNewswire-FirstCall via COMTEX News Network/ --
UTStarcom, Inc. (Nasdaq: UTSI), a global leader in IP-based, end-to-end
networking solutions and services, today announced the successful
network launch of the new Next Generation Network (NGN) softswitch
provided by UTStarcom to Tiscali Italia, the Italian operation of
Tiscali. Tiscali Italia is one of the main independent
telecommunication companies in Europe.
(Logo: http://www.newscom.com/cgi-bin/prnh/20051013/SFTH063LOGO [1])
Tiscali
Italia is experiencing rapid growth on its broadband network in its
major markets throughout Italy and has chosen UTStarcom for its
mSwitchR NGN system as part of a new strategy. The strategy will enable
Tiscali Italia to maintain and expand its current service support
capability for direct access customers while ensuring low risk and
reduced time to market for the rollout of new "triple play" services
throughout the country.
"UTStarcom's softswitch-based NGN technology grants us network
efficiency and rapid growth opportunities and permits us to supply POTS
emulation service to our direct access customers today," said Mario
Mariani, chief executive officer of Tiscali Italia. "UTStarcom's
solution appears to be the most flexible in the market and best adapts
to Tiscali's needs and network design."
"UTStarcom
is proud to work with Tiscali in the transformation of its network,"
noted Youssef Kassissia, UTStarcom's vice president and managing
director of the EMEA region. "Tiscali will serve its ambitious growth
plans using UTStarcom's complete next generation solution architecture
including multi-service access, soft switching, integrated network
management and a multitude of advanced services and applications. The
deployment provides further proof of Tiscali's complete confidence in
UTStarcom to provide reliable solutions that integrate seamlessly into
their network."
"We
believe the NGN market will grow at double digit CAGR from 2007 -
2011," noted Stephane Teral, Principal Analyst, Service Provider VoIP,
IMS, and Mobile Infrastructure, Infonetics Research. "Service providers
have been transitioning their Class 4 networks to IP for some time but
transition of Class 5 networks to IP is a more recent phenomenon as the
complexity is much higher. UTStarcom continues to show momentum with
Class 5 solutions with PLDT in the Philippines, the recent Jersey
Telecom deployment and now with Tiscali in Europe."
About Tiscali
Tiscali
S.p.A. (Borsa Italiana, Milan: TIS) is one of the main independent
European telecommunication companies. With one of the largest and most
interconnected IP networks in the world, Tiscali is able to supply its
customers, residential and business, with a full range of services:
Internet access, both dial-up and ADSL, voice, VoIP, IPTV, media, value
added services (VAS), and other technologically advanced products.
At
31 March 2008, Tiscali counted both in Italy and the UK a total of 3.5
million active users. Of these, approximately 2.45 million were ADSL
subscribers.
Tiscali's corporate website can be found at http://www.tiscali.com [2].
About UTStarcom, Inc.
UTStarcom
is a global leader in IP-based, end-to-end networking solutions and
international service and support. The company develops, manufactures
and markets its broadband, wireless, and terminal solutions to network
operators in both emerging and established telecommunications markets
worldwide. 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. UTStarcom was founded in 1991 and is headquartered in
Alameda, California, the company has research and development centers
in the USA, Canada, China, Korea and India. For more information about
UTStarcom, visit the company's Web site at http://www.utstar.com [3].
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
The
statements contained in this press release that are not purely
historical are forward-looking statements within the meaning of Section
21E of the Securities and Exchange Act of 1934, as amended, including
statements regarding UTStarcom's expectations, beliefs, intentions or
strategies regarding the future and including, without limitation,
number of expected subscribers; possible delays in system deployments;
the termination of new contracts, partnerships or alliances; and
changes in government regulation and licensing requirements.
All
forward-looking statements included in this document are based upon
information available to UTStarcom as of the date hereof, and UTStarcom
assumes no obligation to update any such forward-looking statements.
Forward- looking statements involve risks and uncertainties, which
could cause actual results to differ materially from those projected.
These risks and other risks relating to UTStarcom's business are set
forth in the documents filed by UTStarcom with the Securities and
Exchange Commission, specifically its most recent Annual Report on Form
10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K,
and amendments thereto.