Telecommunications and wireless services provider UTStarcom has won the bid for Jinan Radio & TV Network Center's equipment purchase project to become the center's exclusive broadband solution provider and thus step up its network upgrading efforts.

Communications technology service provider UTStarcom has announced that it has gained USD48.5 million investments from three strategic investors.

UTStarcom has entered into an agreement with United States government agencies, agreeing to pay a combined USD3 million in penalties and fines for bribes in China.

Hong Liang Lu, one of the early founders of the business that became UTStarcom Inc., has stepped down as executive chairman of the board of directors, though he will continue to serve in some capacity on the board.

Chinese wireless value-added services firm KongZhong Corporation has elected Charles Xue to the company's board, effective July 20, 2009, and one of the company's founders has thrown in the management towel.

UTStarcom China has disclosed to local media that the company will focus its human resources on key departments like sales, service and R&D and will retain about 2000 staff for major markets including China and India.

Vacationers in China's sunny Hainan province will soon have more opportunity to take their multimedia with them to the beach, thanks to an agreement inked between UTStarcom and Hainan Telecom.

Mobile search and text input company Zi Corporation (ZICA) has entered into new Chinese licensing agreements.

Canadian mobile search and text input company Zi Corporation (ZICA) says UTStarcom (UTSI) has begun shipping IPTV set-top-boxes in China featuring predictive text input solution eZiText in English and Chinese.

UTStarcom (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.

China Telecom's subsidiary Guangxi Telecom will be using UTStarcom's (UTSI) RollingStream IPTV platform to deploy a new interactive advertising system, making Guangxi Telecom the first service provider in China to deploy IPTV for building-based video advertising.

UTStarcom (UTSI) will sell its personal communications division to a firm controlled by AIG Vantage Capital, a part of AIG Investments.

UTStarcom (UTSI) has appointed Peter Blackmore as its CEO and announced it will sell its mobile business.

Nineteen TD terminal manufacturers, including foreign brands Motorola (MOT) and Philips, have obtained a network access license from China's Ministry of Information Industry for a total of 29 types of TD terminals, including 24 mobile phones and five data cards.

Embattled 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.