UTStarcom Wins Jersey DealUTStarcom Wins Jersey Deal

ALAMEDA, Calif. -- UTStarcom, Inc. (Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions and services, today announced a signed agreement with Jersey Telecom to architect and deploy a new end-to-end, all-IP fixed voice network that will replace the telecom operator's current PSTN network in Europe.

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Upon completion of the migration, Jersey Telecom, whose current fixed line system supports more than 65,000 subscribers, will have the ability to extend its current services to a larger subscriber base and deploy a new lineup of voice and data services previously unattainable with the PSTN network.

"The replacement of our PSTN network with an IP based Next Generation Network solution is a major milestone in the continuing development of the JT Group," said Bob Lawrence, managing director of JT Group Ltd. "UTStarcom is a global leader in its field and we are delighted to be working with them on this exciting project."

UTStarcom Inc. (Nasdaq: UTSI)