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UTStarcom Receives USD 49 Mln in Financing, Replaces CEO
PR Newswire, 2/01/10
Chinese network solutions provider UTStarcom (Nasdaq: UTSI) has announced that it has entered into agreements for a strategic relationship with Beijing E-Town International Investment and Development Co., Ltd (BEIID), an investment company established by the Beijing Municipality which includes an investment of USD 48.5 mln by BEIID and two unrelated investment funds. Read More
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