MultiFon Signs Contract With UTStarcom to Expand iPAS Network in Honduras
ALAMEDA, Calif., Dec. 21 /PRNewswire-FirstCall/ -- UTStarcom, Inc.
(Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions
and services, today announced a contract with MultiFon, the first private
telephone company in Honduras, to expand the operator's IP-based Personal
Access System (iPAS(TM)) networks in Honduras. MultiFon operates the second
largest fixed-line telephone network in all of Honduras.
(Logo: http://www.newscom.com/cgi-bin/prnh/20051013/SFTH063LOGO )
'The ability to quickly and easily deploy fixed wireless services was the
key for choosing UTStarcom's iPAS technology for MultiFon', said
Rivera
seven million people in
it one of the least developed telecommunication markets in Latin America.
UTStarcom's iPAS solution has allowed us to offer cost-effective voice
services to users that have been waiting for years to have basic telephone
services.'
MultiFon, a local subsidiary of MultiData Group, launched its iPAS
wireless telephone network in
capacity. The network expansion aims at covering seven of the largest cities
in
in the country.
'UTStarcom has built its success by offering technologies that bring
higher value to emerging telecommunications markets and through customizing
the applications according to the specific need of its clients. With a
scalable IP-based technology, UTStarcom satisfied
simple and cost-effective solution while maintaining the ability to add new
subscribers as the user base of MultiFon grows,' said
manager of UTStarcom
private companies that were created based on the 'Telephony for All'
initiative and is the leader in offering fast, cost-effective access to
fixed-wireless services that consumers in
'Telephony for All, Modernization for
The 'Telephony for All' program was introduced by the Honduran government
in
regions in
in Latin America. The program is designed to bring modernization and a
competitive spirit to the telecommunications industry, decrease current fares,
create millions of new jobs in the country, and enable companies to install at
least 300,000 fixed telephone lines -- a number still below
unmet demand. In addition, the program will represent an income of
approximately
provider.
About MultiFon
MULTIFON, a subsidiary of The MultiData Group, was specifically created to
provide fixed telephony services to the business and residential sectors under
the project 'Telephony For All,' which was announced and supported by the
government of
of telecommunication services in
of companies with the highest level of experience in the telecommunications
industry of
MULTIDATA S.A. is the leading private provider of data transmission and
broadband services in
media venues and three of the largest banks in the country, MultiData has
operations in 15 cities in
around the world, through the largest international data transmission
providers.
With the largest market share in
network -- fiber optic, ADSL copper networks, microwave links, and
last-generation wireless distribution systems -- to provide its services. Its
solutions have extended to more than 85 percent of the financial sector, as
well as more than 60 percent of manufacturing companies in
top companies in various production sectors. In 2002, the company became the
first one in the country to simultaneously connect to submarine cables MAYA I
and ARCOS I for Internet access and IPL services. Currently, MultiData is the
largest capacity provider in the country.
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
and
For more information about UTStarcom, visit the company's Web site at
www.utstar.com .
Forward-Looking Statements
This release includes forward-looking statements, including the foregoing
statements regarding the anticipated ability of the iPAS technology to deploy
fixed wireless services quickly and easily, the anticipated expansion of the
iPAS network to cover seven largest cities in
the iPAS network to achieve an installed base of 92,000 subscribers in
increase of new subscribers to the iPAS network in
that the 'Telephony for All' program may provide basic telephony services to
all regions in
program on the telecommunications industry in
include rapidly changing technology, the changing nature of global
telecommunications markets, both in
significant contracts and 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,
changes in demand for and acceptance of UTStarcom's products, general adverse
economic conditions, and trends and uncertainties such as changes in
government regulation and licensing requirements, both in
globally. UTStarcom 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.
SOURCE UTStarcom, Inc.