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

Advertisement

Connect with Us

Free Technology and Gadgets Newsletter

  • We will not share your email address with anyone.

    Follow us on Facebook

    toggle

    Most Popular

    Advertisement

    Recent Reviews

    Prong PWR Case

    Ultimately there's one thing we all want from smartphone accessories; we want options. When it comes to keeping our iPhone charged, we ...

    iHome iBT74 Color Changing Bluetooth Speaker

    There's no reason why your tech can't look good while doing what it was designed to do. That's the reason that sports cars look good a ...

    Logitech Gaming Daedalus Prime Mouse

    Logitech Gaming continues to expand upon its peripherals line, with each one looking to fit neatly into a breadth of gaming needs. Bui ...

    Advertisement

    toggle

    Most Commented