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Article: UTStarcom Secures Commercial Contract With Shandong Electric Power Corporation; Second Contract for UTStarcom's New NetRing Transport Network Solution.
- Article from:
- Network Weekly News
- Article date:
- November 16, 2009
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UTStarcom, Inc. (NASDAQ: UTSI) announced that it has secured a contract with Shandong Electric Power Corporation (SEPCO) for its recently launched NetRing™ Transport Network product portfolio (NetRing TN). SEPCO will use the NetRing TN solutions to build a data service carrier network for SEPCO's Dezhou Grid, marking the first commercial application of packet transport network (PTN) in China's domestic power industry.
"It is clear that the need for packet-based core transport solutions extends far beyond traditional network services," said Peter Blackmore, CEO of UTStarcom. "SEPCO invested in our TN solution because we could deliver increased network ...