UTStarcom’s video service cloud (VSC) distribution
network and video conferencing service have several clients in a trial phase.
The company expects some of them to commercialize in the second quarter of this
year.
Net sales from equipment in first quarter of 2012 were
$38.7 million, a decrease of 26.8 percent year over year.
Net sales from equipment-based services in Q1 2012 were
$7.8 million, a decrease of 6.6 percent year over year. The decrease was
primarily driven by less next generation network (NGN) service contracts in
China, partially offset by increased service revenue from the company’s
international business.
Sales from operational support services in Q1 2012 were
$0.2 million as a result of IP signage revenue sharing project and technology
service revenue generated by the Company’s iTV.cn subsidiary.