MultiFon Reaches 100,000 Subscriber Milestone on UTStarcom's IP-Based PAS Network in Honduras
ALAMEDA, Calif., Sept. 27 /PRNewswire-FirstCall/ -- UTStarcom, Inc.
(Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions
and services, and MultiFon, a local subsidiary of MultiData Group, today
announced the second expansion of MultiFon's fixed-wireless telephony network
in Honduras based on UTStarcom's IP-based Personal Access System (iPAS(TM)).
(Logo: http://www.newscom.com/cgi-bin/prnh/20031229/UTSLOGO )
'Today, MultiFon reaches more than 100,000 subscribers throughout
and we are constantly looking for new services and technologies to offer
better and more affordable communications to our customers,' said
Rivera
ability to quickly and easily deploy its iPAS technology coupled with the
close collaboration of our integration teams to ensure a consistent and
reliable quality of service.'
The leader in offering fast, cost-effective access to fixed-wireless
services, MultiFon is the first of 19 private telephone companies in
that were created based on the 'Telephony for All' presidential initiative.
The operator launched its fixed-wireless network based on UTStarcom's iPAS
platform in
the initial deployment in
'We believe our iPAS technology, commercially deployed in support of more
than 55 million subscribers around the world, has become the technology of
choice in low teledensity areas in Latin America and the Caribbean where the
affordable and rapid deployment of reliable telecommunications networks is
crucial,' said
UTStarcom's Caribbean and Latin American market. 'We hope to continue our
already successful partnership with MultiFon in
presence throughout Latin America wherever affordable wireless communications
is needed.'
'Telephony for All, Modernization for
The 'Telephony for All' program was introduced by the Honduran government
in
regions in
in Latin America. The program was designed to bring modernization and a
competitive spirit to the telecommunications industry, decrease current rates,
create thousands of new jobs in the country, and enable companies to install
at least 300,000 fixed telephone lines -- a number still below
current unmet demand.
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 19 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
For more information about UTStarcom, visit the company's Web site at
www.utstar.com .
Forward-Looking Statements
This release includes forward-looking statements by and about UTStarcom,
including the foregoing statements regarding the anticipated continuation of
partnership between UTStarcom and MultiFon, and the expectations regarding
expansion of UTStarcom's presence throughout Latin America. 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 the
changing nature of global telecommunications markets, both in
globally, the termination of significant contracts and strategic
relationships, 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.