AKSHArmata Kombëtare Shqiptare
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The tie-up is now contingent on board approvals from Aker, AKSH and Aker BioMarine, as well as on clearance by AKSH's and Aker BioMarine's shareholders, who will vote on the deal in November.
UTStarcom Inc (Nasdaq: UTSI), a provider of IP-based, end-to-end networking solutions and services, announced on Friday (2 February) that the company has entered into a three-year contract through a partnership with AKSH Optifibre Ltd, a provider of optifibre fibre and cable technologies, to deploy its RollingStream end-to-end IPTV solution with Mahanagar Telephone Nigam Ltd (MTNL) in India.
264 Media Gateway (MGW) 5100 IPTV encoding platforms in its end-to-end RollingStream IPTV solution for deployment with AKSH in India.
In association with local basic service providers, ABL, a subsidiary of AKSH Optifibre Limited, has been approved to launch a much-needed Village Public Telephony (VPT) offering that will bring residential primary line and long distance telephony services to Rajasthan, India by the end of 2004.