UTStarcom Expands Cooperation with a Mobile Operator in Europe and Releases a New High-Performance Access Platform
January 11 2021 - 6:00AM
UTStarcom (“UTStarcom” or the “Company”) (NASDAQ:UTSI), a global
telecommunications infrastructure provider, announced today that it
is expanding its cooperation with a mobile operator in Europe to
supply an advanced networking platform in support of the operator’s
5G deployment requirements. In connection with the deployment, the
Company also announced the release of the NetRing® TN704E metro
access platform, the newest member of its SDN-enabled packet
optical transport network product family. The NetRing® TN704E
platform will be a key component of the mobile backhaul network
expansion project with the mobile operator in Europe.
Within the scope of the project, the newly
released TN704E metro access platform, along with the TN705E metro
aggregation platform will be used to optimize capacity across the
operator’s metro transport / backhaul network as it prepares for 5G
deployment. Phase 1 deployment has already started, and the
operator expects to replace the current access equipment and
modernize the existing transport network. Deployment is expected to
be completed within the next three years.
Dr. Zhaochen Huang, UTStarcom’s Chief Executive
Officer, commented, "We are excited to expand our long-standing
relationship with this strategic customer to help prepare its
networks for the future. With networks experiencing unprecedented
traffic growth, operators expect to handle thousands of new
applications and services for millions of users. As 5G network
rollouts accelerate, we are pleased to support our partners and
customers by delivering state-of-the-art products built on our
latest technologies to facilitate their success in the era of
5G.”
NetRing® TN704E
UTStarcom’s NetRing® TN704E is the newest
high-performance product designed to help operators upgrade access
domain of their packet optical networks to 10GE/100GE and
efficiently address the growing need for bandwidth in metro
networks. The new product delivers all the benefits of a
connection-oriented MPLS-TP/CE transport network, sharing high
reliability and carrier-grade feature set of our field-proven
NetRing NG-PTN (Next Generation Packet Transport Network) platform.
At the same time, the NetRing TN704E is built on the same hardware
as the SkyFlux SPN803S, the Company’s cutting-edge Converged Packet
Transport platform, and shares a number of its advanced
characteristics
The NetRing TN704E complements the NG-PTN
product family and extends its target application scenarios by
enabling very high switching capacity and 50GE/100GE interfaces
support in the access domain of metro networks. It provides an
excellent solution for bandwidth-demanding applications such as
4G/5G backhaul, high-capacity traffic aggregation of wired and
wireless broadband access networks, or as a cost-efficient solution
at lower layers of aggregation in MAN (Metro Area Network).
UTStarcom’s Senior Vice President of Product
& Technology, Mr. Steven Chen, commented, “We have a large
install base of our mature and robust NG-PTN platform, which
continues to serve the needs of our customers. The new NetRing
TN704E adds extended capacity and high-speed interfaces in Access
Domain, enabling our customers to address new applications, prepare
their networks to serve rapidly growing traffic volumes, and
optimize the value of their investments in the existing transport
network infrastructure. In addition, unification of hardware design
across our product lines helps reduce development time and cost,
and enables us to deliver the latest and most advanced telecom
technologies and offer competitive pricing to our customers”
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 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: +86 571 8192
8888Ms. Ning Jiang, Investor RelationsEmail: njiang@utstar.com /
utsi-ir@utstar.com
In the United States:
The Blueshirt Group Mr. Ralph FongTel: +1 (415)
489-2195Email: ralph@blueshirtgroup.com
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