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Loss Narrows For UTStarcom
August 7, 2008UTStarcom (UTSI) reported its unaudited financial results for the second quarter of 2008 and said net sales for the second quarter of 2008 were USD633 million as compared to USD538 million in the second quarter of 2007, representing an 18% increase.
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UTStarcom Hires New CEO, Sells Mobile Business
June 10, 2008UTStarcom (UTSI) has appointed Peter Blackmore as its CEO and announced it will sell its mobile business.
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UTStarcom CEO Evades Major Legal Fines
May 5, 2008Embattled Chinese technology company UTStarcom (UTSI) says it has reached a final settlement with the Securities and Exchange Commission in the United States regarding an investigation of the company's financial disclosures during prior reporting periods, and the CEO has managed to get away with hardly any punishment.
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Safe-City Project Home For New Chinese IP Video Surveillance Technology
March 11, 2008UTStarcom (UTSI) says its IP video surveillance solution based upon the company's RollingStream IPTV technology has been selected by China Netcom to serve as the primary design and deployment platform for the Safe-City project in Benxi, Liaoning Province.
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UTStarcom Releases Quarterly Financial Results
February 29, 2008IPTV and IP-based broadband and switching solutions company UTStarcom (UTSI) reported financial results for the fourth quarter of 2007 and for the full year ended December 31, 2007 and said net sales for the fourth quarter 2007 were US$806 million as compared to US$704 million in the same quarter of 2006.
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