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

    Kenu Airframe Plus

    Simple, stylish and effective, the Kenu Airframe + portable car mount is the latest addition to Kenu's lineup. Released earlier this y ...

    Plantronics Rig Surround 7.1 headset

    Trying to capture the true soundscape of video games can be a daunting task. Looking to surround-sound home theater options, users hav ...

    Adesso Compagno X Bluetooth keyboard

    The shift from typing on physical keyboards to digital versions on smartphones and tablets hasn't been an easy for many consumers. Fro ...

    Sponsor

    toggle

    Most Commented

     
    toggle

    Popular News