ALAMEDA, Calif. -- UTStarcom, Inc. (Nasdaq: UTSI), has entered the European marketplace, operating offices throughout Europe and expanding its service and support centre in Dublin and HQ in Frankfurt to capitalise on the fastest growing regional market for next generation IP solutions.
The move, which comes as UTStarcom widens its market approach outside Asia, is in response to demand for compelling solutions such as TV-over-IP (TVoIP), which allow telecoms operators to cost-effectively launch IP content services.
"Europe is clearly one of the fastest growing markets worldwide, and is responding to the availability of new broadband content services very quickly," said Jeff Paine, Vice President of Strategic Marketing for UTStarcom. "In Europe, the population density is high, making it relatively straightforward to upgrade DSL plant or lay new fibre, and there's potential for a rapid payback on these services. Also, the content providers are becoming more open to new business models and delivery mechanisms."
UTStarcom Inc.