Business Services Industry
UTStarcom signs $55 million contract with China Telecom to extend IP-based PAS service to Shanghai.(Personal Access System, China Telecom Corporation Ltd.)
Asia Pacific Telecom, July, 2004
UTStarcom Inc., a global leader in IP access networking and services, announced that it has signed a contract valued at approximately $55 million with China Telecom Corporation (CTC) to deploy its IP-based Personal Access System (iPAS(TM)) network in the central city area of Shanghai. UTStarcom is currently the leading provider of both iPAS infrastructure and handsets in Shanghai, with approximately 70 percent market share of the infrastructure market and more than 50 percent of the handset market.
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"Shanghai is the largest, most advanced metropolitan city in China with more than 20 million people. Because of its special position in China, Shanghai practices rigorous technology and service regulations enforced by the local operator....
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