UTStarcom to Mass Deploy DSL in China

From Yahoo Finance (Press Release): UTStarcom Signs Contracts to Deploy Approximately 500,000 IP DSLAM Lines With China Telecom and China Netcom

"UTStarcom, Inc.,(..), today announced that it recently signed contracts with China Telecom and China Netcom to deploy approximately 500,000 lines of its AN-2000(TM) IP-based Digital Subscriber Line Access Multiplexer (IP DSLAM) solution in 18 provinces throughout Mainland China."

"More than 30 million people currently subscribe for broadband service in China today, representing a 300 percent increase in subscribers since the end of 2003," said Simon Le, senior vice president of sales at UTStarcom China. "IPTV and other triple play services continue to drive the demand for broadband throughout China, one of the fastest growing regions in the world for broadband services. UTStarcom is collaborating closely with both China Telecom and China Netcom on IPTV in field trials at over 40 sites throughout China."

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