HONG KONG, Jan. 29, 2015 (GLOBE NEWSWIRE) -- UTStarcom (Nasdaq:UTSI), a global telecommunications infrastructure provider, participated in the 23rd Convergence India Exhibition and Conference in New Delhi, India in 21-23 January 2015. The Company showcased its advanced broadband and optical network infrastructure technologies offering to the Indian market and mapped out its operating strategy to serve the rapidly growing demand in the market for bandwidth from cloud-based services, mobile, streaming, and other applications.
This year's exhibition, "Connecting India", was inaugurated by the Minister of Communications and Information Technology, the Honourable Shri Ravi Shankar Prasad, in the presence of more than 1,200 conference delegates.
UTStarcom announced its plans to support government initiatives including Smart Cities, NOFN, and Wi-Fi deployments, and the aggressive strategy on its Carrier Wi-Fi solution.
During the conference, Mr. William Wong, UTStarcom's Chief Executive Officer, stated, "The Telecommunications sector in India is experiencing a transition unlike anything we have seen before. We believe that it is critical that India develop a superior digital highway to drive its future economic growth. UTStarcom, with its robust portfolio of advanced yet affordable telecom infrastructure solutions, is ideally placed to support this transition and transformation. We are closely following various government initiatives which are currently underway including the Smart City, the optical NOFN Program deployment plans, and public Wi-Fi deployments. We are committed to growing our presence in India and we look forward to supporting the Government, the telecom operators, and system integrators as India realizes its digital potential."
UTStarcom's delegation was represented by Mr. William Wong, UTStarcom's Chief Executive Officer, Mr. Shalin Y. Shah, Co-General Manager of India Operation, Mr. Rahul Pandey, Director of India Sales & Marketing, Mr. Steven Chen, Vice President of Product Development, and Mr. Aman Sehgal, Head of Wi-Fi Product Planning and Head of Sales and Business Development of North America.
UTStarcom's exhibit showcased its latest developments in its core product lines including SDN/NFV, Packet Optical Transport, and Carrier Wi-Fi. The Company expects these to be the most beneficial products for the Indian market and various related government initiatives.
Leading the Discussion on Cloud-Based Infrastructure
As part of its presence at the conference, UTStarcom also participated in the panel discussion titled "Cloud solutions for businesses: The new paradigm to create a secure and smarter workplace." During the panel, Mr. Steven Chen elaborated on UTStarcom's approach in the area of SDN/NFV technology and its applications for the rapidly developing Indian market.
Emphasizing True Carrier-Class Wi-Fi Approach
UTStarcom also participated in the panel discussion titled "Internet for all - driving a new wave of e-commerce, media, education for connected India." Mr. Aman Sehgal emphasized the importance of true carrier Wi-Fi approach for the efficient bridging of the digital divide and implementation of various government initiatives.
Mr. Shalin Y. Shah, Co-General Manager of India Operation stated, "With the tremendous growth in mobile traffic, smartphone consumer base, and strong internet penetration, Wi-Fi is going to play a central role in the future development of India's telecom industry. We believe that we have the product breadth and capability with our Carrier Wi-Fi product line to meet this increased demand."
Mr. Shah added, "As a leading telecom infrastructure provider in India, UTStarcom aims to contribute to the changes and development in the telecom industry and provide leading-edge infrastructure solutions to carriers in order for them to adapt and serve the quickly growing demand for an advanced 'Indian Digital Highway'."
About UTStarcom Holdings Corp.
UTStarcom (Nasdaq:UTSI) is a global telecom infrastructure provider dedicated to developing technology that will serve the rapidly growing demand for bandwidth from cloud-based services, mobile, streaming and other applications. We work with carriers globally, from Asia to the Americas, to meet this demand through a range of innovative broadband packet optical transport and wireless/fixed-line access products and solutions. The company's end-to-end broadband product portfolio, enhanced through in-house Software Defined Networking (SDN)-based orchestration, enables mobile and fixed-line network operators and enterprises worldwide to build highly efficient and resilient future-proof networks for a range of applications, including mobile backhaul, metro aggregation, broadband access and Wi-Fi data offload. Our strategic investments in media operational support service providers expand UTStarcom's capabilities in the field of next generation video platforms. UTStarcom was founded in 1991, started trading on NASDAQ in 2000, and has operating entities in Tokyo, Japan; Fremont, USA; Hangzhou, China; Delhi and Bangalore, India. For more information about UTStarcom, please visit http://www.utstar.com.
CONTACT: For investor and media inquiries, please contact: Jiang Ning UTStarcom Holdings Corp. Tel: +852-3951-9757 Email: firstname.lastname@example.org Joanna Jiang (Beijing) Tel: +86-10-8591-1958 Email: Joanna.Jiang@fticonsulting.com Sean Pattwell (Hong Kong) Tel: +852-3768-4543 Email: Sean.Pattwell@fticonsulting.comSource:UTStarcom Holdings Inc.