UTStarcom Participates at Indian Mobile Congress 2019
October 25 2019 - 7:45PM
UTStarcom (“UT” or “the Company”) (NASDAQ:UTSI), a global
telecommunications infrastructure provider, today announced its
participation at Indian Mobile Congress (IMC) 2019 New Delhi in
India from October 14 to October 16, 2019. IMC is India’s
premiere telecommunications and mobile technology conference,
providing a platform for participants from major telecommunications
service providers as well as technology leaders to discuss and
showcase the latest products and technologies.
At this year’s IMC, UTStarcom showcased
its product portfolio for 5G based
on next-generation technologies, including slicing-based
transport solution; 5G indoor coverage solution; and solutions
for end-to-end network synchronization. UTStarcom’s product
highlights included the optimized solutions for mobile
backhaul, metro aggregation, broadband access, network core,
Smart Cities, etc. These solutions enable telecommunications
service providers to evolve and enhance their networks
significantly.
In addition to showcasing its product portfolio,
UTStarcom highlighted its evolution of network infrastructure
towards 5G. Specifically, the Company participated in several
thought-provoking panel discussions focused on the development of
emerging and future technologies, investment in India,
infrastructure requirements and the impact of those technologies on
the telecom industry.
UTStarcom’s Chief Executive Officer, Mr. Tim Ti,
shared his insights in a panel discussion on the topic of “Imagine
the Connected Future” at the CEO Conclave in this year’s
event. Separately, Mr. Sergiy Bityukov, Principal Marketing
Manager of UTStarcom, shared his views on the evolution of telecom
industry ecosystem in his keynote speech “Evolving roles of OEMs in
the digital revolution: Telecom Network Perspective”.
“Imagine the Connected Future” Panel Discussion
at the CEO Conclave
The key theme of the CEO Conclave was 5G, one of
the most-awaited mobile technologies in India. With 4G already
enriching the mobile experience, 5G is expected to change the
dynamics of data streaming experience for mobile users and
enthusiasts in the future. With the number of smartphone users and
broadband subscribers in India estimated to reach 1.1 billion and
1.25 billion by 2024, respectively, critical network infrastructure
is expected to be put in place to serve demanding
applications. The infrastructure requirement for the
technology, the respective roles of telecommunications solution
providers and mobile service providers were key topics discussed at
the conclave.
Evolving roles of OEMs in the digital
revolution: Telecom Network Perspective” Keynote Address
As the telecom industry prepares for the
commercial rollout of 5G technology, network operators utilize the
most efficient technologies and deployment models for their
transport network infrastructures in order to meet important 5G
network requirements. In his presentation, Mr. Bityukov
elaborated on the strategies and benefits related to the use of
network disaggregation technologies and integrated
telecommunications products and solutions. He also discussed
the new opportunities presented in today’s broader telecom network
ecosystem, as well as the new roles that the industry participants
can play.
Mr. Tim Ti, UTStarcom’s Chief Executive Officer,
commented, “Innovation and flexibility are the key factors in
driving advanced technologies to markets rapidly. 5G
technology not only comes with expectations of significant increase
in performance, but also brings new and challenging requirements
related to transport, network flexibility and service agility.
In addition to high bandwidth usage, 5G requires significant
network capacity and scalability, network slicing, extra low
latency, highly accurate time synchronization, significantly
improved cost efficiency, etc.”
Mr. Ti continued, “It is imperative that
companies providing telecommunications solutions for this
breakthrough technology focus on offering the most innovative,
reliable and cost-effective communication products and solutions to
their customers. As the industry scales up its offerings in
the technology space, telecommunications providers such as
UTStarcom are committed to exploring new technologies and
developing solutions for emerging market segments, including IoT,
smart retail, and intelligent network edge.”
About UTStarcom Holdings
Corp.
UTStarcom is committed to helping network
operators offer their customers the most innovative, reliable and
cost-effective communication services. UTStarcom offers high
performance advanced equipment optimized for the most rapidly
growing network functions, such as mobile backhaul, metro
aggregation and broadband access. UTStarcom is further
leveraging its technology expertise to bring smart networked
products to new applications, such as its goBox automated
refrigerated dispenser for retail stores. UTStarcom has
operations and customers around the world, with a special focus on
Japan and India. UTStarcom was founded in 1991 and listed its
shares on the Nasdaq Market in 2000 (symbol: UTSI). For more
information about UTStarcom, please visit
http://www.utstar.com.
For investor and media inquiries, please
contact:
In China
UTStarcom Holdings Corp.
Tel: +852-3951-9757Ms. Fei Wang, Director of
Investor RelationsEmail: fei.wang@utstar.com
Ms. Ning Jiang, Investor RelationsEmail:
njiang@utstar.com
In the United States:
The Blueshirt GroupMr. Ralph FongTel: +1 (415)
489-2195Email: ralph@blueshirtgroup.com
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