UTStarcom seeks $100 mn from India in 2007-08

UTStarcom seeks $100 mn from India in 2007-08
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First Published: Sun, Apr 29 2007. 11 31 AM IST
Updated: Sun, Apr 29 2007. 11 31 AM IST
PTI
Shanghai: After helping MTNL bundle TV, internet and voice into one service, technology solutions provider UTStarcom is negotiating more deals for Triple Play services in India, where it expects to earn $100 mn (Rs450 crore) this year.
“We are expecting to reach the $100 mn mark in India this year at a growth rate of 70%. This will make the country the third biggest market in terms of revenues, from currently being fourth,” UTStarcom Vice President Worldwide Marketing Brian Caskey told PTI here.
He said the company also expected India to be its second largest market in terms of infrastructure bookings, overtaking Japan, by the end of this year.
The company is in talks with telecom operators, including Reliance, and is hopeful of bagging two Internet Protocol Television (IPTV) or Triple Play deals during the current fiscal, Caskey said.
The US-based company had partnered Aksh Optifibre to help state-run telecom major MTNL deploy IPTV in Mumbai and New Delhi last year.
UTStarcom Senior Vice President (International Sales and Marketing) David King said IPTV will be the company’s main revenue stream in the near future. “It is already so big in China and Japan and we expect the same from Indian market too,” he said.
In China, UTStarcom has deployed IPTV systems with China Netcom in Harbin and with China Telecom in Shanghai.
The Harbin deployment has about 1.12 lakh subscribers while the China Telecom provides services to one lakh IPTV users.
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First Published: Sun, Apr 29 2007. 11 31 AM IST
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