Nasdaq-listed UTStarcom gets order worth Rs 300 crore from BSNL

Nasdaq-listed UTStarcom gets order worth Rs 300 crore from BSNLUTStarcom has bagged an order worth Rs 300 crore from Public sector telecom operator Bharat Sanchar Nigam Ltd. (BSNL) to roll out the broadband network, which will support 1.1 million subscribers.

The latest contract is the second phase of a countrywide network launched by BSNL in December 2007. UTStarcom has already deployed a network that supports 1.3 million broadband subscribers during the first phase of this project.

During the second phase, the company will deploy its solution in 962 cities throughout the country to facilitate the addition of 1.1 million new broadband subscriber lines.

According to market experts, the network expansion would help BSNL to accelerate its existing broadband connections on subscriber lines by more than 30 times the current speed.

The new ADSL 2+ technology provided by UTStarcom will provide speeds beyond 8 mega bits per second (mbps), which is more than 30 times faster than the existing speed, the release said.

Nasdaq-listed UTStarcom is a global leader in telecom space. The company manufactures networking equipment and offers integration and support of IP-based, end-to-end networking and telecommunications solutions. The company’s strategic focus is on three core markets:  Internet Protocol TV (IPTV), Next Generation Networks (NGN) and Broadband.

UTStarcom’s customers include the largest and most respected service providers in emerging and established telecommunications markets worldwide.

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