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UTStarcom, CRI Partner on Internet TV

PR Newswire Asia, 10/22/10

Chinese network solutions provider UTStarcom (Nasdaq: UTSI) today announced a strategic partnership with Beijing-based Cristar Media, a subsidiary of China Radio International, to provide Internet TV services in China and abroad. Read More

Rumor: UTStarcom to Shift to IPTV and Broadband Business

Sina Tech, 2/25/10

An informed source has revealed that Chinese telecom equipment maker UTStarcom (Nasdaq: UTSI) has begun a full-scale shift towards IPTV and broadband services in the China, India, and Japan markets, with other departments to be reorganized. Read More

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