China Telecom Deploys Vyyo’s Solutions in Hebei Province
PALO ALTO, Calif., May 26 /PRNewswire-FirstCall/ — Vyyo Inc. , a global supplier of broadband end-to-end solutions for telephony and high-speed data connections, announced that China Telecom has begun to deploy Vyyo’s solutions throughout the Hebei province. Datang Mobile (Datang) served as the system integrator. The Hebei province has an area of 190,000 square kilometers and a population of over 67 million people.
“China Telecom is the largest telecom operator in China, and this deployment solidifies our position as a leader in the Chinese wireless broadband market,” stated Michael Corwin, president and chief operating officer of Vyyo. “China Telecom was one of the largest winners of 3.5 GHz frequency during the third and final phase of MII grants. In this phase, operators were granted frequency on a province-wide basis, rather than on a city-by-city basis. We believe that China Telecom’s deployment of our solutions in Hebei is just the beginning of a successful relationship with them.”
“We have seen increased activity in the Chinese market after the last phase of grants,” continued Corwin. “We are pleased to be selected by China Telecom and continue to work with the other winning operators who have deployed our solutions in the past — China Netcom, China Mobile, China Unicom and China Railcom. Vyyo will strive to continue to utilize our local presence and unique dual-bus chassis to expand our market share in China.”
“We were pleased to assist in the provincial-wide deployment of Vyyo solutions in Hebei,” stated Mr. Sun Yuwang, general manager of Shanghai Datang Mobile Communications Equipment. “Going forward, we plan to continue to work with China Telecom and other operators to capture other opportunities for Vyyo’s quality solutions.”
About China Telecom
China Telecom Corporation Limited is the leading provider of fixed-line telephone, data, Internet and leased-line services in China. It was established in May 2002 after the split of the former China Telecom into two groups — China Telecom for China’s southern regions, and China Netcom for its northern regions. China Telecom now encompasses 21 provincial corporations, and holds 70% of the national trunk-line transmission network assets owned by the former China Telecom. It offers a range of telecommunications services to residential and business customers, including local, domestic long distance and international long distance telephone services, Internet and managed data, leased-line and other related services. For more information, visit http://www.chinatelecom.com.cn/.
About Shanghai Datang Mobile Communications Equipment
Shanghai Datang Mobile Communications Equipment Co., Ltd. (SDTM) is a subsidiary company of Datang Telecom Technology Industry Group, one of the largest telecom equipment providers in China. Located in Shanghai Cao He Jin Hi-tech Park, SDTM mainly focuses on R&D, production, sales, and service of mobile communications products. SDTM was established in April 1998. The company is operated on the modern enterprise mechanism basis and has passed authentication of the ISO9001 quality system. Since its establishment, the company has been developing at a high speed. As a leading company in GSM field, SDTM launched GSM 900/1800 BSS to market. It was the first time that domestic equipment was adopted in a Chinese public mobile network. At the same time, the Network Optimization Solutions provided by SDTM are widely used in improving the network of China Mobile and China Unicom, giving SDTM a predominant role in the market. In 2001, SDTM advanced to CDMA fields and acquired a large number of orders from China Unicom. Also, SDTM devotes itself to developing the TD-SCDMA released by the Datang group, which is one of the 3G standards established by ITU.
About Vyyo Inc.
Vyyo offers end-to-end broadband solutions used by telecommunications providers to deliver both telephony and high-speed data connections to business and residential subscribers. The technology uses point-to-multipoint architecture to deliver circuit switched (telephony), as well as voice and data over IP. The company sells systems directly to service providers and systems integrators worldwide. Vyyo’s solutions have been deployed in China, Southeast Asia, North America, Russia and other areas of the world. Vyyo is headquartered at 4015 Miranda Avenue, 1st Floor, Palo Alto, CA 94304-1218. More information on the company can be found at http://www.vyyo.com/.
Safe Harbor Statement
This press release may contain forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties. Actual events and results may differ materially from those projected in these forward-looking statements as a result of several factors, including but not limited to, the current limited visibility available in the telecommunications and broadband access equipment markets; whether Vyyo is successful in marketing and selling its wireless broadband access products, particularly in China and the Far East; challenges of doing business in China and the Far East, including regulatory, economic, political, health, financial and safety risks; the ability of China Telecom and Datang Mobile to successfully implement Vyyo systems; the manner in which the Chinese government distributes the awarded spectrum license grants; whether Vyyo is able to meet the needs of the telecom operators that have obtained licenses from the Chinese government and maintain its relationships with those operators and their system integrators, particularly China Telecom and Datang Mobile; whether the Chinese government issues the spectrum license grants; economic conditions worldwide; and other risks set forth in Vyyo’s annual report on Form 10-K for the year ended December 31, 2003, its quarterly report on Form 10-Q for the three months ended March 31, 2004, and in other periodic reports filed by Vyyo with the Securities and Exchange Commission from time to time. Vyyo assumes no duty to update these statements.
Vyyo Inc.
CONTACT: Robin Rose, IR Manager, of Vyyo Inc, +1-650-319-4000, orir@vyyo.com; or Lillian Armstrong and Kirsten Chapman, both ofLippert/Heilshorn & Associates, +1-415-433-3777, or kirsten@lhai-sf.com
Web site: http://www.vyyo.com/