Mumbai: UTStarcom has inked a multi-million dollar contract with Just In Time Holdings to supply its RollingStream end-to-end Internet Protocol TV (IPTV) solution to Sri Lanka Telecom (SLT).
SLT will use the RollingStream platform to bring IPTV services to its growing customer base throughout Sri Lanka. SLT, with more than 87 percent market share and a subscriber base of more than 1,300,000 customers, expects to grow its residential and commercial business through its increased triple play capabilities now available with this IPTV deployment.
"UTStarcom’s market position is unique in that it primarily offers ‘end-to-end’ IPTV solutions," noted MRG president Gary Schultz. "In terms of the total number of actual IPTV sub-sectors – and subscribers – served, UTStarcom is the leading end-to-end supplier in the Asian IPTV market. IPTV, as an application-enabler, continues to open up new opportunities for revenue generation for service providers."
SLT’s IPTV deployment is designed to support approximately 100,000 subscribers in the next two years and will enable the company to provide video services to future subscribers over copper lines in the next three to four years.
"Sri Lanka Telecom is well-known in the region as a tier-one communications provider and is credited with establishing several industry firsts in the country," said UTStarcom managing director South Asia Vijay Yadav.
"UTStarcom is looking forward to the opportunities our relationship with SLT will present in the region and we are committed to providing the operator with a competitive IPTV solution that will extend SLT’s strides and solidify Sri Lanka as a major telecom hub in South Asia," he added.
