UTStarcom Expands Professional Services With Solution-Oriented Approach for Telecom Market
Posted on: Tuesday, 11 April 2006, 09:00 CDT
ALAMEDA, Calif., April 11 /PRNewswire-FirstCall/ -- UTStarcom, Inc. , a global leader in IP-based, end-to-end networking solutions and services, today announced that it has expanded its Professional Services offerings with a new solution-oriented business model. The company now offers both Core Services, which are product related, and new Value-Added Services (VAS), which focus on solutions in business consulting, business management, and business operations.
(Logo: http://www.newscom.com/cgi-bin/prnh/20031229/UTSLOGO )
With its strong background in IP telephony and wireless networks, UTStarcom believes it will be able to offer customers business solutions that address their key concerns, including total cost of network ownership, operational efficiency, and faster time to market. These services are aimed at operators that offer advanced telecom applications such as VoIP, IPTV, enhanced voice messaging, and fixed-mobile convergence (FMC) as well as at smaller operators.
"UTStarcom is capitalizing on its investment in the services area by bringing a value-added services provider approach to the forefront," said Steve Shaffer, vice president of International services at UTStarcom. "We believe becoming an end-to-end solutions provider will allow us to take on the challenges of our long-established customers and further secure long-term customer loyalty and commitment by improving customer satisfaction. We expect value-added services will also open new markets worldwide."
Meeting Today's Services Challenges
In today's multi-services convergence environment, which is driven by market demand and enabled by new technologies, end users, networks, and services interact dynamically. To succeed, operators need to differentiate their subscriber offerings, make their operations more efficient and cost effective, enhance productivity, grow their businesses, and increase revenues.
UTStarcom's customers increasingly look to the company to provide more of the value-added services they need to achieve their goals, which can enable them to refocus on their core competencies. UTStarcom has qualified technical talent available globally and the specialized expertise ideal for the successful implementation, maintenance, and services required by increasingly complex new technologies.
"As a leading provider worldwide of next-generation platforms for advanced applications, UTStarcom knew the importance of supporting the new breed of end-to-end solutions with a new level of service," said Rajiv Nayyar, director of professional services at UTStarcom. "Our new solutions orientation is designed to let operators concentrate on their business model and their end-customers while we provide complete support for implementing and managing UTStarcom and multi-vendor solutions and rolling out new services."
New Services Support UTStarcom's End-to-End Solutions
UTStarcom offers a wide variety of solutions for high-performance applications and services that are designed to enable operators to compete effectively in a rapidly evolving market. The company's new VAS aims to extend its solution-oriented approach from supplying platforms to all aspects of planning for, deploying, and managing both platforms and services.
The company's new approach to services is likely to benefit its complete portfolio of end-to-end solutions, including the RollingStream(TM) IPTV solution for broadcast-quality TV and on-demand entertainment; the MovingMedia(TM) 2000 product portfolio for CDMA operators; and the Continuity(TM) FMC solution for wireline and wireless carriers.
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 broadband, wireless, and handset 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. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in the United States, China, Korea and India. UTStarcom is a FORTUNE 1000 company.
For more information about UTStarcom, visit the company's Web site at http://www.utstar.com/.
Forward-Looking Statements
This release includes forward-looking statements, including the foregoing statements regarding the anticipated ability of the Company to offer business solutions addressing the key concerns of customers relating to the cost of network ownership, operational efficiency and faster time to market, the expectation that the Company's solution-oriented business model will be suitable for operators of varying size and sophistication, the expectation that the Company will continue to focus on bringing a value-added services provider approach to the forefront, the expectation that the Company's development into an end-to-end solutions provider will enable it to better meet the demands of customers, improve customer satisfaction and secure their loyalty, the expectation that value-added services may open new markets worldwide, the anticipation regarding the state of the telecommunication market environment and proper measures to succeed in such environment, the anticipated demand by the Company's customers for value-added services, the anticipated effectiveness of value added services in enabling service providers to meet their goals, the anticipated suitability of the Company's talent pool and expertise for the demands of the telecommunication market, the anticipated ability of the Company's solutions to complement and enhance the business models of operators, the expectation that the Company's wide variety of solutions may enable operators compete more effectively in a rapidly evolving market, the anticipated ability of the Company's value-added services to successfully plan for, deploy and manage platforms and services, and the expectation the Company's approach to services can benefit its complete portfolio of end-to-end solutions. These statements are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These risk factors include rapidly changing technology, the changing nature of global telecommunications markets, the termination of significant contracts and/or strategic relationships, the direction and results of future research and development efforts, evolving product and applications standards, reduction or delays in system deployments, product transitions, potential non-realization of backlog, changes in demand for and acceptance of the Company's products, general adverse economic conditions, and trends and uncertainties such as changes in government regulation and licensing requirements. The Company also refers readers to the risk factors identified in its latest Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, as filed with the Securities and Exchange Commission.
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20031229/UTSLOGOAP Archive: http://photoarchive.ap.org/PRN Photo Desk, photodesk@prnewswire.com
UTStarcom, Inc.
CONTACT: Chesha Kamieniecki, Director of Investor Relations ofUTStarcom, Inc., +1-510-749-1560; or press, Stephanie Gallagher of Engage PR,+1-510-388-3287, or stephanie@engagepr.com, for UTStarcom Inc.
Web site: http://www.utstar.com/
Source: PRNewswire-FirstCall
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