Telecom Lead Asia: UTStarcom, a provider of interactive,
IP-based network solutions in iDTV, IPTV, Internet TV and broadband for cable
and telecom operators, announced the launch of next generation Video Service
Cloud (“VSC”) platform at the China Content Broadcasting Network
(“CCBN”) Exhibition.
In addition to the VSC platform, the company also
launched several commercial services associated with the platform.
The VSC platform leverages UTStarcom’s Rollingstream
technology, optical network infrastructure and the advanced technology of video
exchange cloud. It can store, exchange and distribute video and audio content
through telecom networks, cable networks and the Internet.
The platform aggregates audio and video content which
allows media operators to rapidly launch their IP video services and offer
subscribers a high-quality and highly interactive experience through multiple
video devices such as TVs, PCs, tablets and mobile phones.
The launch is significant for the company. It marks an
important milestone as they incorporate media operation support services into
our business and strive for sustainable profitability in the years ahead,
according to
UTStarcom CEO Jack Lu.
“We have already signed a cooperation agreement with
a key strategic partner, which will allow us to take advantage of the broadband
backbone infrastructure of cable operators nationwide,” Lu added. As a result
of this agreement, we will be able to provide VDN services to end-users at a
very competitive price.”
According to Lu, the VSC platform will deliver greater
market opportunities and increase the company’s competitiveness as they move up
the value chain and enhance our solution and service offerings. We have the
ability to build on the VSC platform and expand in the future to include other
value-added online applications of cloud-based B2B application services and
video content exchange services that will help us achieve sustained, long-term
profitability.”
The important services announced by UTStarcom include the
video distribution network (“VDN”), cloud-based B2B application
services and video content exchange service.
The VDN is focusing on digitalization, distribution,
storage and acceleration of audio and video content with significant broadband
cost savings. The cloud-based B2B video services have a wide range of
value-added services such as video conferencing, online education, online office
and targeted push video content for enterprise customers.
At the current stage, the company has established
VDN nodes in major cities in China and started VDN services to a
couple of Internet TV operators on a trial basis. The Company plans to focus on
the VDN service and video-based B2B application service offerings to generate a
steady stream of revenues in 2012.
