UTStarcom, Inc. today signed a new contract with China Telecom valued at $200 million for deployment of its Personal Access System (PAS) infrastructure equipment in cities throughout twelve provinces in China.
The contract was awarded during today's signing ceremony as a part of the weeklong U.S.-China Seminar on Prospects for Cooperation in Telecom and IT in Washington, D.C., led by China's Ministry of Information Industry (MII) Deputy Minister Lou Qinjian.
This contract represents the continuation of a partnership between UTStarcom and one of China's largest fixed-line service providers, China Telecom. More than 20 million Chinese have subscribed for PAS service in China through China Telecom and China Netcom on networks powered by UTStarcom technology since 1998. Shipments on this contract will begin in the first quarter of 2004 to meet increased demand for high-quality voice and data services in twelve provinces throughout China, including Chongqing, Guangdong, Zhejiang, Jiangsu, and Sichuan.
