Subscribe to this page now.

UTStarcom selling US cellular phone division

07/01, 4:25pm

UTStarcom sells handsets

Budget cell phone maker UTStarcom will sell its cellular handset distribution division to an investment group primarily owned by AIG Vantage Capital. UTStarcom bought the handset operation from Audiovox less than four years ago and supplies more than 20 mobile carriers, posted a net loss of $195.6 million in the last fiscal year. The sale is part of a restructuring effort and follows the company's announcement to sell its Mobile Solutions Business Unit earlier this year.

more

Electronista Sponsor

Electronista Newsletter

Free Technology and Gadgets Newsletter

  • We will not share your email address with anyone.

    toggle

    Most Popular

    Sponsor

    Recent Reviews

    Life n Soul BM211 Bluetooth speaker

    Bluetooth speakers aren't only for listening to some music at the park or on a long bus ride, but can also be built with tablets in mi ...

    Epson PowerLite Home Cinema 2030 projector

    With high-definition televisions now the standard, 4K televisions becoming the next big thing, and plasma TVs going the way of the din ...

    Life n Soul 8 Driver Bluetooth headphones

    When it comes to music on the go, consumers generally have some options to consider when looking for the best experience. While Blueto ...

    Sponsor

    toggle

    Most Commented

     
    toggle

    Popular News