Zacks maintain UT Kangda holding rating unchanged

Source: Internet
Author: User
Keywords UT Kangda BSNL ZACKS ITPV MTNL
Tags access broadband broadband access company developer iptv media media reports
US Eastern Time July 13 afternoon (Beijing time July 14 early morning) news, according to foreign media reports, independent investment company Zacks published a study today, said UT Starkon (NASDAQGS:UTSI)  Management's strategic decision to transform the company from a mobile developer into a solution provider for IPTV and fixed-network broadband access systems has been successfully implemented. The report notes that UT's Rollingstream IPTV solution is the company's main catalyst for the end of March 2009 and its current growth, providing support for more than 1.32 million of the world's IPTV users, with a total capacity of 2.5 million people.  UT has remained dominant in the Asian market, especially in China and India. Zacks said China telecom operators deployed 3G Mobile networks nationwide to bring more orders to UT. China Telecom recently announced that it plans to use the UT rollingstream platform to build a large-scale China Mobile TV system.  In addition, UT has extended its business to IPTV advertising systems for new revenue opportunities. In the Indian market, BSNL and MTNL, the state-owned telecoms company, and Bharati Airtel, the country's largest wireless provider, are using Rollingstream solutions.  In addition, Sri Lanka Telecom is also using UT technology to provide ITPV services. The report says UT is trying to dominate Europe, North America and Latin America, and Latin America and Central America could become the company's new growth zone, which also has huge untapped potential. But the competition in these markets will be fierce.  So far, powerful companies such as Thomson, Microsoft, Motorola, Cisco, Siemens and Tandberg have entered the European, North American and Latin American markets. Zacks analysts said: "We believe that UT, the ongoing restructuring activities, and focus on selected products to optimize research and development expenditure of the strategic decision, it is likely to help the company in the near future to launch competitive products." Therefore, we maintain the "hold" (Hold) Rating of UT Kangda unchanged. "(Tangfeng)
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