International Business News - UTStarcom http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of UTStarcom Inc. sank Thursday after the telecommunications equipment maker posted second-quarter results one analyst called "mixed." The company had posted a smaller net loss as sales grew 18 percent, to $632.8 million from $538.2 million. http://www.ibtimes.com/articles/20080807/utstarcom-sink-after-2q-results-disappoint.htm Thu, 07 Aug 2008 15:58:06 EDT UTStarcom Inc. said Monday it has completed its sale of the telecommunications company's cell-phone distribution division to a unit of AIG Investments for about $240 million. http://www.ibtimes.com/articles/20080707/utstarcom-sells-cell-phone-distribution-unit.htm Mon, 07 Jul 2008 18:00:07 EDT Telecommunications equipment maker UTStarcom Inc. said Tuesday it will sell its cell-phone distribution division to AIG Investments for about $240 million. http://www.ibtimes.com/articles/20080701/utstarcom-to-sell-division-for-about-240-million.htm Tue, 01 Jul 2008 12:34:20 EDT Telecommunications equipment maker UTStarcom Inc. on Monday said its board named Peter Blackmore as its chief executive, succeeding Hong Liang Lu, effective July 1. http://www.ibtimes.com/articles/20080609/utstarcom-names-peter-blackmore-chief-executive.htm Mon, 09 Jun 2008 17:36:06 EDT Telecommunications equipment maker UTStarcom Inc. said Monday that it private equity firm OpenGate Capital will acquire its mobile solutions business. http://www.ibtimes.com/articles/20080609/utstarcom-selling-mobile-solutions-business.htm Mon, 09 Jun 2008 17:19:23 EDT Telecommunications equipment maker UTStarcom Inc. said Thursday that it expects its second-quarter revenue to rise up to 13.3 percent year over year. The company predicted revenue of $580 million to $610 million for the period, compared with $538.2 million in the same quarter last year. http://www.ibtimes.com/articles/20080515/utstarcom-sees-2q-revenue-rising-up-to-13-percent.htm Thu, 15 May 2008 17:31:04 EDT Telecommunications equipment maker UTStarcom Inc. said Thursday that it swung to a first-quarter profit, aided by a gain from the sale of investments and growth in its personal communications unit. http://www.ibtimes.com/articles/20080515/utstarcom-swings-to-1q-profit-on-sale-gain.htm Thu, 15 May 2008 17:20:49 EDT Shares of UTStarcom Inc. jumped Wednesday after the telecommunications equipment maker boosted its first-quarter sales outlook, fueled by better-than-expected performance in its personal communications division. http://www.ibtimes.com/articles/20080507/utstarcom-shares-jump-after-company-boosts-1q-sales-forecast.htm Wed, 07 May 2008 15:08:22 EDT Cell phone and wireless equipment maker UTStarcom Inc. said Thursday it agreed to settle charges stemming from a Securities and Exchange Commission investigation into the company's option grant awards practices and sales contracts in China. http://www.ibtimes.com/articles/20080501/utstarcom-settles-sec-complaint.htm Thu, 01 May 2008 18:35:25 EDT