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April 12, 2012
06:43 EDTUTSIUTStarcom signs IPTV broadcasting control platform contract in Chongqing
UTStarcom announced that it has won a contract from Chongqing Radio and Television Group to build an integrated IPTV broadcasting control platform. Chongqing, one of the largest municipalities in China, is the first of the 42 new trial cities to award a contract to an IPTV solution provider. The new broadcasting control platform can support the content management and distribution needs of IPTV, Internet TV and mobile TV. CEO Jack Lu commented: "This win in Chongqing strengthens our position in China's IPTV market. We believe that an increasing number of IPTV broadcasting platform tenders across the country reflects steady progress of China's three network convergence policy. We are well positioned to gain a significant share of the 42 trial cities, which will enable us to capture additional business opportunities from the national rollout expected to take place from 2013 to 2015."
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