has launched its end-to-end Internet TV solution, and also won its first commercial contract to build up an Internet TV platform in Northern China.
The new end-to-end Internet TV solution is derived from UTStarcom's core RollingStream® technology system. The Company's Internet TV solution, based on cloud computing technology, has an open system structure, reliable service and flexibility to expand for large scale deployments in the future. The innovative technology of the solution can enable the customer to easily operate, manage and control the system and subscriber information. "We believe this is the best time for us to launch our Internet TV solution which will hopefully help us capture the great growth opportunity of the Internet TV market," said Jack Lu, President and CEO of UTStarcom.
The Company also won its first commercial contract to build a new Internet TV platform for a local cable operator in Northern China.
Pursuant to the contract, UTStarcom will help to build a comprehensive Internet TV operational system which includes a broadcasting control platform, content distribution network and terminal. The Internet TV platform UTStarcom is building will provide a service where subscribers can access Internet, multimedia and telecommunications, as well as interactive digital TV, video-on-demand, and many other services under one subscription. This platform will help UTStarcom's cable operator clients to further increase their revenue opportunities through an enhanced subscriber experience. Users will be able to receive rich and clear voice and data information, as well as experience high-quality video services simultaneously. This new solution could also be applied to the Internet TV platform, which is targeted to launch later this year through UTStarcom's majority-owned subsidiary, iTV Media Inc.