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

    Tylt Energi 2K Travel Charger

    Backup batteries and device chargers are objects that many users take for granted. They often only one dimensional, restoring the batt ...

    ActvContent Sync Smartband

    Smartbands of all sorts are hitting the market. Some build on the buzz around fitness trackers, while others offer simpler features fo ...

    RocketStor 6324L Thunderbolt 2 eSATA bridge

    Like it or not, the shift to Thunderbolt is underway. The connection is extremely flexible, allowing for video and data to co-habitate ...

    Sponsor

    toggle

    Most Commented

     
    toggle

    Popular News