UTSTARCOM( UTSI )! - 500 Beiträge pro Seite

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utstarcom verkauft telekommunikations-equipment,für den chinesischen markt.neuerdings auch für kabellose zugangssysteme.darüber hinaus stellt utstarcom produkte für den internetzugang,für sprach und datenkommunikation sowie optische übertragungssystems her.

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Nochmal das Profile:
UTStarcom, Inc. provides communications equipment for service providers that operate wireless and wireline networks in rapidly growing communications markets. To date, substantially all of the Company`s sales have been to service providers in China. UTStarcom`s integrated suite of network access systems, optical transmission products, and subscriber terminal products allows service providers to offer efficient and expandable voice, data, and Internet access services. Its integrated suite of network access, optical multiplexing, subscriber terminal and IP-based switching products gives service providers in high-growth markets an efficient means to offer voice and data services. Product lines include Airstar, AN-2000, OMUX, Netman and WACOS.

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UTStarcom Reports Fourth Quarter and Full Year 2000 Results
Quarterly Revenues Up By 102% Over Previous Year
Pro Forma Earnings Per Share $0.16 For the Fourth Quarter, $0.43 For the Full Year
ALAMEDA, Calif., Jan. 25 /PRNewswire/ -- UTStarcom, Inc. (Nasdaq: UTSI - news) today reported its fourth quarter and full year 2000 results for the period ending December 31, 2000.

(Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Net sales for the fourth quarter of 2000 increased to $127.0 million, a 102% increase over the $62.8 million in net sales reported in the prior year period. Pro forma net income (excluding stock compensation expense, amortization of intangible assets, in-process research and development costs and beneficial conversion feature) for the fourth quarter of 2000 increased to $16.4 million, or $0.16 per share, from $8.6 million, or $0.11 per share in the prior year period.

``We`ve completed a very successful 2000 with record growth and profits by delivering high-quality, leading-edge telecommunications products to our customers in Mainland China and other international markets such as Taiwan and India,`` said Hong Lu, President and Chief Executive Officer of UTStarcom. ``We also experienced swift acceptance of the new products we introduced during the year. These technologies are aimed at helping our customers, the telecom service providers, prepare for the transition to IP-based 3G wireless broadband networks that is already underway. Further, to accelerate our sales efforts, we initiated a series of strategic marketing and technology partnerships with cutting-edge telecom technology providers such as Zaffire, Inc., Foundry Networks and Matsushita.``

Actual net income (including stock compensation expense, amortization of intangible assets, in-process research and development costs and beneficial conversion feature) for the fourth quarter of 2000 was $13.9 million, or $0.13 per share compared to a net loss of $27.4 million, or a net loss of $3.11 per share for the fourth quarter of 1999.

Net sales for the full year of 2000 increased to $368.6 million, a 97% increase over the $187.5 million in net sales reported in 1999. Pro forma net income (excluding stock compensation expense, amortization of intangible assets, in-process research and development costs and beneficial conversion feature) for the full year of 2000 increased to $43.5 million, or $0.43 per share, from $21.3 million, or $0.28 per share in 1999.

``We ended 2000 with $192 million in backlog compared to $72 million at the end of 1999,`` said Mike Sophie, Chief Financial Officer of UTStarcom. ``This significant backlog reflects the strong demand for our products and the rapid growth we experienced in 2000. Our execution during the year on sales combined with sound business management helped double our pro forma net income to $43.5 million, and we ended the year with $233 million in cash and short term investments on our balance sheet to help fund future growth.``

Actual net income (including stock compensation expense, amortization of intangible assets, in-process research and development costs and beneficial conversion feature) for the full year of 2000 was $27.0 million, or $0.27 per share compared to a net loss of $18.5 million, or a net loss of $2.13 per share in 1999.

Note: UTStarcom will conduct a conference call on January 25 at 1:30 pm (PST) which is open to the public. The conference call dial-in numbers are: United States - 800-240-8658; International - 303-262-2165.

A conference call replay will be available following the conference call from approximately 5:00 pm (PST) on January 25 through February 2. The conference call replay numbers are: United States - 800-475-6701; International - 320-365-3844. The Access Code is 566800.

About UTStarcom, Inc.

UTStarcom designs, sells, manufactures and installs an integrated suite of wireless and wireline network access and switching systems that allow communications service providers to offer efficient and scalable voice, data and Internet access services. The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based SoftSwitch platform designed to deliver voice and
data services using a highly distributed architecture. WACOS contains a
SoftSwitch call server, a distributed multi-service IP gateway and a
full suite of subscriber management, mediation and billing services.


The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel. UTStarcom`s research and development facilities are located in the USA and China.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s estimate of backlog and the potential recognition of backlog are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications market, the termination of significant contracts, reductions or delays in system deployments, changes in demand for the Company`s products, potential cancellation and non-recognition of backlog, and uncertainties such as changes in government regulation and licensing requirements. The Company also refers readers to the risk factors identified in its Prospectus and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.

UTStarcom, Inc.
Pro Forma Consolidated Statements of Operations
Excluding Stock Compensation Expense, Amortization of Intangible Assets,
In-Process Research and Development Costs and Beneficial Conversion Feature of
Series F Preferred Stock
(In thousands, except per share amounts)
(Unaudited)

Three Months Ended Twelve Months Ended
Dec. 31, Dec. 31, Dec. 31, Dec. 31,
2000 1999 2000 1999 (a)

Net sales $126,998 $62,815 $368,646 $187,516
Cost of sales 83,968 38,910 240,375 112,691
Gross profit 43,030 23,905 128,271 74,825

Operating expenses:
Selling, general
and administrative 13,324 8,232 43,379 30,866
Research and development 9,761 4,873 34,657 17,363
Total operating expenses 23,085 13,105 78,036 48,229

Operating income 19,945 10,800 50,235 26,596

Interest and
other income (expenses) 2,639 (1,525) 10,829 (2,212)
Equity in income (loss)
of affiliated companies 295 364 (288) 1,348
Income before income taxes,
minority interest and
cumulative effect of
a change of
accounting principle 22,879 9,639 60,776 25,732
Income tax expense 5,521 138 14,021 626
Minority interest in earnings
of consolidated subsidiaries (944) (877) (2,307) (2,110)
Income from
continuing operations 16,414 8,624 44,448 22,996
Loss from
discontinued operations 0 0 0 (1,656)
Cumulative effect of
the application of SAB 101 0 0 (980) 0
Net Income $16,414 $8,624 $43,468 $21,340

Basic earnings (loss) per share:
Income before cumulative
effect of a change
of accounting principle $0.17 $0.98 $0.56 $2.46
Cumulative effect
of the application of SAB 101 0.00 0.00 (0.01) 0.00
Net income $0.17 $0.98 $0.55 $2.46

Diluted earnings (loss) per share:
Income before cumulative
effect of a change
of accounting principle $0.16 $0.11 $0.44 $0.28
Cumulative effect
of the application of SAB 101 0.00 0.00 (0.01) 0.00
Net income $0.16 $0.11 $0.43 $0.28

Shares used in
per-share calculation:
Basic 94,909 8,792 79,696 8,678
Diluted 103,317 80,109 101,867 76,192

The above pro forma statements have been adjusted to exclude the following
non-cash expenses:
Stock compensation expense:
Cost of sales 15 2 90 12
Selling, general
and administrative 591 1,372 4,676 4,256
Research and development 698 420 6,795 1,285
Total stock
compensation expense 1,304 1,794 11,561 5,553

Amortization of
intangible assets 1,223 220 4,894 332
In-process research
and development costs 0 3,992 0 3,992
Beneficial conversion
feature of Series F
preferred stock 0 29,977 0 29,977

(a) The statement of operations for the twelve months ended
December 31, 1999 has been derived from the audited financial
statements of that date.


UTStarcom, Inc.
Consolidated Statements of Operations
(In thousands, except per share amounts)
(Unaudited)

Three Months Ended Twelve Months Ended
Dec. 31, Dec. 31, Dec. 31, Dec. 31,
2000 1999 2000 1999 (a)

Net sales $126,998 $62,815 $368,646 $187,516
Cost of sales 83,983 38,912 240,465 112,703
Gross profit 43,015 23,903 128,181 74,813

Operating expenses:
Selling, general
and administrative 13,915 9,604 48,055 35,122
Research and development 10,459 5,293 41,452 18,648
Amortization of
intangible assets 1,223 220 4,894 332
In-process research
and development costs 0 3,992 0 3,992
Total operating expenses 25,597 19,109 94,401 58,094

Operating income 17,418 4,794 33,780 16,719

Interest and
other income (expenses) 2,639 (1,525) 10,829 (2,212)
Equity in income (loss)
of affiliated companies 295 364 (288) 1,348
Income before income taxes,
minority interest
and cumulative effect
of a change of
accounting principle 20,352 3,633 44,321 15,855
Income tax expense 5,521 138 14,021 626
Minority interest
in earnings of
consolidated subsidiaries (944) (877) (2,307) (2,110)
Income from
continuing operations 13,887 2,618 27,993 13,119
Loss from
discontinued operations 0 0 0 (1,656)
Net income before cumulative
effect of a change
of accounting principle 13,887 2,618 27,993 11,463
Cumulative effect of
the application of SAB 101 0 0 (980) 0
Net Income 13,887 2,618 27,013 11,463
Beneficial conversion
feature of Series F
convertible preferred stock 0 (29,977) 0 (29,977)
Net income (loss)
available to
common shareholders $13,887 ($27,359) $27,013 ($18,514)

Basic earnings (loss) per share:
Income before cumulative
effect of a change
of accounting principle $0.15 ($3.11) $0.35 ($2.13)
Cumulative effect
of the application of SAB 101 0.00 0.00 (0.01) 0.00
Net income $0.15 ($3.11) $0.34 ($2.13)

Diluted earnings (loss) per share:
Income before cumulative
effect of a change
of accounting principle $0.13 ($3.11) $0.28 ($2.13)
Cumulative effect
of the application of SAB 101 0.00 0.00 (0.01) 0.00
Net income $0.13 ($3.11) $0.27 ($2.13)

Shares used in
per-share calculation:
Basic 94,909 8,792 79,696 8,678
Diluted 103,317 8,792 101,867 8,678

The above statements include the following stock compensation expense:
Cost of sales 15 2 90 12
Selling, general
and administrative 591 1,372 4,676 4,256
Research and development 698 420 6,795 1,285
Total stock
compensation expense 1,304 1,794 11,561 5,553

(a) The statement of operations for the twelve months ended
December 31, 1999 has been derived from the audited financial
statements at that date.


UTStarcom, Inc.
Consolidated Balance Sheets
(In thousands)
(Unaudited)

December 31, December 31,
2000 1999 (a)
Assets
Current assets:
Cash and cash equivalents $149,112 $87,364
Short-term investments 83,858 0
Accounts receivable, net 161,330 77,823
Receivable from related parties 0 339
Inventories, net 118,995 55,204
Other 7,973 8,326
Total current assets 521,268 229,056

Property, plant and equipment, net 21,999 8,168
Investment in affiliated companies 12,397 4,460
Intangible assets, net 20,238 25,132
Deferred tax assets 10,258 4,352
Other 2,068 620
Total assets $588,228 $271,788

Liabilities, Minority Interest
and Stockholders` Equity
Current liabilities:
Accounts payable $44,564 $21,745
Short-term debt 43,381 34,593
Debt to shareholder and related parties 0 8,745
Income taxes payable 7,170 2,985
Customer deposits 31,678 5,249
Other 31,112 29,102
Total current liabilities 157,905 102,419

Long-term debt 12,048 0
Minority interest in consolidated subsidiaries 5,956 3,649

Stockholders` equity:
Convertible preferred stock 0 88
Common stock 120 13
Common stock warrant 0 389
Additional paid-in capital 426,665 218,303
Deferred stock compensation (6,491) (17,792)
Accumulated deficit (7,807) (34,821)
Notes receivable from shareholders (314) (555)
Unrealized holding loss 52 0
Cumulative translation adjustment 94 95
Total stockholders` equity 412,319 165,720

Total liabilities, minority interest
and stockholders` equity $588,228 $271,788

(a) The balance sheet as of December 31, 1999 has been derived from the
audited financial statements at that date.

SOURCE: UTStarcom, Inc.

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Epoch Partners Issues A Research Note on UT Starcom
Note Discusses Revised Estimates and Investment Opinion of the Company
SAN FRANCISCO, Jan. 26 /PRNewswire/ -- Epoch Partners today issued a Research Note on UT Starcom. The Research Note, issued today by Seth Spalding, Senior Analyst, Communications Equipment with Epoch Partners, discusses UT Starcom (Nasdaq: UTSI - news) in light of its quarterly results announced on January 25, 2001. The following are key highlights included in the Research Note:


UT Starcom -- Crouching Tiger


-- UT Starcom`s fourth quarter towered above the crowd both in actual
performance and outlook for the remainder of 2001.
-- At $127 million, revenues topped our estimate by 9.3%, and earnings per
share (EPS) of $0.16 trounced our projection by 23%.
-- We are raising our 2001 revenue estimate to $513.8 million from
$487.2 million, and taking our EPS to $0.59 from $0.51, a 16% increase.
Based on a high backlog and signs that China is aggressively deploying
telecommunications infrastructure, we would not be surprised if
UT Starcom outpaces even these upwardly revised numbers.
-- With a PE of 40x our 2001 estimate -- roughly in line with its
37% projected EPS growth -- we believe that UTSI shares should trade at
a premium to this growth rate given the company`s proven track record
of consistently beating estimates.
-- Our full note, with detailed analysis of UT Starcom is available free
at: www.epoch.com
-- Readers can receive our research notes directly via email but signing
up at: http://pluto.sparklist.com/scripts/lyris.pl?join=epochcommeq

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UTStarcom to Present at Banc of America Securities Technology Week
ALAMEDA, Calif., Feb. 7 /PRNewswire/ -- UTStarcom, Inc. (Nasdaq: UTSI - news) will be presenting at the Banc of America Securities Technology Week 2001 in San Francisco on Thursday, February 8, 2001 at 8:00 a.m. PST at The Ritz-Carlton, 600 Stockton Street, San Francisco, CA 94108.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
UTStarcom`s presentation and breakout session will be webcast at the following links:

Presentation Link: http://www.veracast.com/bas_techweek2001/webcasts/ID09402319…

Breakout Session Link: http://www.veracast.com/bas_techweek2001/webcasts/ID19403775…

Presentation charts will be available on UTStarcom`s website at www.utstar.com.

About UTStarcom, Inc.

UTStarcom designs, sells, manufactures and installs an integrated suite of wireless and wireline network access and switching systems that allow communications service providers to offer efficient and scalable voice, data and Internet access services. The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

Forward-Looking Statements

The corporate presentation charts referred to in this press release contain certain forward-looking statements that are subject to risks and uncertainties that may cause actual results to differ materially. These factors include the changing nature of the telecom market in China and other countries, rapidly changing technology, changes in demand for the Company`s products, reductions or delays in system deployments, the termination of significant contracts, partnerships or alliances, and uncertainties such as changes in government regulation and licensing requirements in China and other countries and unforeseen economic conditions in Asia and other regions. The Company also refers readers to the risk factors identified in its Prospectus and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.


Für mich einer der Top Werte!
Machen schon Gewinne!
Gruß panik

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UTStarcom to Present at Banc of America Securities Technology Week
ALAMEDA, Calif., Feb. 7 /PRNewswire/ -- UTStarcom, Inc. (Nasdaq: UTSI - news) will be presenting at the Banc of America Securities Technology Week 2001 in San Francisco on Thursday, February 8, 2001 at 8:00 a.m. PST at The Ritz-Carlton, 600 Stockton Street, San Francisco, CA 94108.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
UTStarcom`s presentation and breakout session will be webcast at the following links:

Presentation Link: http://www.veracast.com/bas_techweek2001/webcasts/ID09402319…

Breakout Session Link: http://www.veracast.com/bas_techweek2001/webcasts/ID19403775…

Presentation charts will be available on UTStarcom`s website at www.utstar.com.

About UTStarcom, Inc.

UTStarcom designs, sells, manufactures and installs an integrated suite of wireless and wireline network access and switching systems that allow communications service providers to offer efficient and scalable voice, data and Internet access services. The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

Forward-Looking Statements

The corporate presentation charts referred to in this press release contain certain forward-looking statements that are subject to risks and uncertainties that may cause actual results to differ materially. These factors include the changing nature of the telecom market in China and other countries, rapidly changing technology, changes in demand for the Company`s products, reductions or delays in system deployments, the termination of significant contracts, partnerships or alliances, and uncertainties such as changes in government regulation and licensing requirements in China and other countries and unforeseen economic conditions in Asia and other regions. The Company also refers readers to the risk factors identified in its Prospectus and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

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Investment Thesis

UTStarcom represents a pure play on the fastest growing communications market in the world --China. With 1.3 billion people, only 10% penetration of telecommunications services, and a strong government commitment to "wiring" the nation, China represents an unparalleled market opportunity. UTSI has established a strong foothold in China with more than eight years of operating experience within the country, and leading market share positions across its product lines. Operating within China presents significant political risk, which is currently reflected in UTSI`s depressed share price. However, based on the strength of UTSI`s market position and product pipeline, we believe the shares are significantly undervalued on a risk adjusted basis

Key Investment Points

The Chinese communications market is expected to reach $90 billion by 2002, according to Dataquest. UTSI`s line of infrastructure products targets the fastest growing segments of this industry, and the company`s customers are located in China`s fastest growing provinces.

UTSI provides a synergistic line of communications access products, targeting the specific needs of emerging telecommunications markets, giving the company a key advantage over larger, less focused players. Within China, UTSI commands 80% and 20% market share respectively for its wireless and wireline products.

UTSI enjoys both a strong foothold within China, stemming from rock-solid relationships developed during eight years of operating there, as well as a strong economic stake, with more than 80% of its 1,300 employees located within the country.

We expect UTSI to leverage the success of its model within China into other populous developing countries with low tele-densities, representing a tremendous future opportunity for UTStarcom. To date, UTSI has received the vast majority of its revenues from customers in China. Though other markets present opportunity, they also bring significant execution risk.

Despite China`s volatile political environment, UTStarcom recently reported strong results, posting $80 million in revenues and 36% sequential growth. As UTSI currently trades at a significant discount to its peer group, we believe it offers upside for investors with a high risk-tolerance.
Investment Positives

UTStarcom is targeting one of the world`s largest and fastest growing telecommunications markets: With 1.3 billion people and a low penetration rate of voice and data services, China presents a significant market opportunity for communications equipment and service providers. China has a tele-density rate of less than 10%, compared to 70% in the United States and an average of 60% in other developed nations. To continue its aggressive infrastructure build-out plan, China is expected to spend approximately $20 billion on communications equipment in 2000, including $1.8 billion on the class of access equipment that UTStarcom provides. China is adding approximately 20 million access lines annually, which is equivalent to one Regional Bell Operating Company (RBOC) per year. At this rate, China is expected to surpass the United States by next year in terms of number of phone lines. We expect annual line growth to exceed 35% for several years to come. As a result, we are comfortable with a long-term target growth rate for UTSI of 35%, exceeding the communications equipment industry average of 30%.

UTStarcom`s leading customers are located in China`s fastest growing provinces: Historically, these eastern and southern coastal areas have average GDP growth rates of approximately 15% - 20%. These provinces also represent a disproportionately high percentage of China`s wireline and wireless subscribers, influencing the adoption of technology among other regions. Currently, the company has deployed products to more than 250 of China`s 2,400 Posts and Telecommunications Bureaus or PTBs.

Synergistic and Targeted Product Line: UTSI specifically targets the needs of emerging telecommunications markets, giving it a key advantage over larger, less focused players. The company`s products, including the AN-2000, OMUX, Airstar wireless platform, and the recently shipped WACOS IP platform, can work individually or as a networked system. As a system, the products provide an elegant upgrade path from basic wireline and wireless voice services to wireless and broadband data, all the way to next-generation converged IP services. Equally important, UTSI`s products leverage modern technologies to leap frog ahead of the legacy infrastructures installed long ago by developed countries. The PAS wireless system in particular is very suitable for developing regions. It can be deployed at a fraction of the cost of cellular systems, which means consumer subscription costs are lower. Typical users are villagers who rarelyravel outside their region, and thus are a perfect match for the PAS system`s intra-city functionality.

Strong Commitment to China is Key: UTStarcom is guided by a strong management team that boasts more than 150 years of combined industry experience, with significant operating experience within China. A majority of the management team, including CTO Bill Huang, held senior positions at Lucent. Critical to UTStarcom`s success within China`s heavily politicized market has been management`s development of high-level relationships within China`s numerous telecommunications bureaus. In addition, UTSI employs approximately 1,100 workers within China in both R&D and manufacturing capacities. This combination of management`s deep relations and a strong economic commitment to China has been key in securing the more than 250 bureaus that UTSI claims as customers.

Strategic Market Positioning: UTStarcom`s products provide a competitive weapon for China`s local PTBs, which, though restricted from entering the cellular business, are allowed to offer wireless local loop technology such as UTSI`s PAS system. Based on the high functionality and cost effectiveness of the PAS system, UTStarcom enjoys 80% market share for this technology within China.

Product Cycle Should Drive Stock: We believe the company`s new products - WACOS (Wireless Access Central Office Switch) and the enhanced PAS handset -will drive top line growth, and solidify UTStarcom as a leader in the access market, WACOS, which recently began shipping, is an IP-based platform that supports both voice and data services over a single wireless or wireline network.. It allows service providers to transition to a packet-based access infrastructure. WACOS is designed to work with existing company products such as the AN-2000 or Airstar platform and allows seamless upgrades to support VoIP, advanced IP-based services, 3G WCDMA, and other wireless and high-speed data applications in the future. In addition, the company later this year will introduce an enhanced PAS handset that is capable of transmitting data up to 64 kbps. We believe that UTSI will be one of the first companies to introduce these types of products to the Chinese telecom market and expect this product cycle to be a key driver of UTStarcom`s stock.

New Markets Provide Upside: We believe international expansion outside of China will represent a tremendous opportunity for UTSI. The company has agreements with original equipment manufacturers, or OEMs, such as NEC to distribute its AN-2000 products to Hong Kong, India and Philippines, and it has field trials with local sales agencies and distributors to distribute its products to Columbia, Hong Kong, India, Thailand, and Vietnam. Validating this strategy, UTSI recently signed a $35 million contract with Taiwan, a $1 million contract in India, and initial orders with Mauritius and Columbia. The company foresees non-China international sales representing 20% of revenue within three years. Because these markets are even less competitive than China, we expect the company to increase its margins by at least 10% to 15% in these regions. Our current model only assumes modest penetration into outside markets by 2003.

[yala]

Yes yes man we know: strongest buy :-))))
regds YALA

[panik]

[panik]

Wieder klasse News!

UTStarcom Signs $18 Million of PAS(TM) Contracts in the Guangdong Province In China
ALAMEDA, Calif., Feb. 27 /PRNewswire/ -- UTStarcom, Inc. (Nasdaq: UTSI - news), a provider of wireless and wireline telecommunications access equipment, today announced that it has signed approximately $18 million in contracts to expand existing installations of the PAS(TM) city-wide wireless access systems in eight locations in the Guangdong Province of China. The initial PAS(TM) installations in these locations were deployed during 2000, and the service has continued to grow in popularity. UTStarcom is the leading provider of PAS(TM) limited mobility wireless local loop equipment in China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
UTStarcom`s PASTM provides city-wide wireless mobile phone service for a community of up to several hundred thousand consumers at traffic densities of upwards of 15,000 subscribers per square kilometer. Telephone service providers appreciate the PAS(TM) system for cost and efficiency reasons as it is integrated into the existing wireline network and does not require any modifications to the central office switch or incremental mobile switching hardware adaptations. This allows the service provider to take advantage of unused switching capacity and to offer such services as caller ID, call forwarding and voice mail to a new customer category -- wireless subscribers. Consumers enjoy the mobility of small handsets weighing less than three ounces. PAS(TM) supports wireless data transmission of up to 64Kbps, which enables wireless Internet access at speeds which the Company believes are faster than those possible with many wireline dial-up modems and other wireless technologies currently commercially deployed in China.

About UTStarcom, Inc.

UTStarcom designs, sells, manufactures and installs an integrated suite of wireless and wireline network access and switching systems that allow communications service providers to offer efficient and scalable voice, data and Internet access services. The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:

PAS(TM), which provides voice and data services over city-wide mobile wireless networks;
AN-2000, a broadband and narrowband access system for wireline networks;
WACOS, an IP-based SoftSwitch platform designed to deliver voice and data services using a highly distributed architecture. WACOS contains a SoftSwitch call server, a distributed multi-service IP gateway and a full suite of subscriber management, mediation and billing services.
The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel. UTStarcom`s research and development facilities are located in the USA and China.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to expand existing installations of the PAS(TM) city-wide wireless access systems in three locations in the Hebei Province of China, the Company`s estimate of backlog and the potential recognition of backlog are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications market, the termination of significant contracts, partnerships or alliances, reductions or delays in system deployments, changes in demand for the Company`s products, potential cancellation and non-recognition of backlog, and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Prospectus and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

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Noch eine schone News!

UTStarcom Announces First Contract Win in Hainan Province - $14 Million Contracts of IP-Based PAS(TM)
ALAMEDA, Calif., March 1 /PRNewswire/ -- UTStarcom, Inc. (Nasdaq: UTSI - news), a provider of wireless and wireline telecommunications equipment, today said that it has signed approximately $14 million in new IP-based PAS(TM) contracts for two cities in the Hainan Province in China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
This new IP-telecom product is based on the WACOS IP platform and is designed to help local telephone service operators eventually migrate voice and data traffic from conventional circuit-switched (TDM) networks to IP-based 3G wireless broadband networks. This product was first successfully tested in a field trial in the city of Qingyuan in July 2000. In January 2001 UTStarcom, Inc. began shipping this new IP-based PAS(TM) product in the Zhejiang Province. With the deployment of IP-Based PAS(TM) product in the Hainan Province, UTStarcom, Inc. will have PAS(TM) related installations in all the coastal provinces in Southern China.

IP-based PAS(TM) is the latest innovation to UTStarcom`s PAS(TM) product. This technology provides a convenient and efficient solution to migrating legacy wireline and wireless infrastructure to next generation all-IP networks. For local telephone service providers, IP-based PAS(TM) provides an SS7 network interface and facilitates the eventual migration of voice and data transmission from conventional circuit-switched (TDM) networks to IP-based 3G wireless broadband networks. Intermediate products (2G-2.5G) also could be integrated, if necessary, by direct connection to this network. A multiple-edge access service can subsequently be converted to an IP-based broadband Metropolitan Area Network covering most urban areas through WACOS IP backbone interconnections, offering multi-protocol SoftSwitch capabilities. In the final phase of migration, next generation telecom networks such as 3G W-CDMA and TD-SCDMA could be built upon the WACOS all-IP core network technology.

``We believe China is the fastest growing and most competitive telecom market in the world today,`` said Hong Lu, president and CEO of UTStarcom. ``Their massive investments in providing basic wireline and wireless services today are also enabling them to build a modern telecom infrastructure for tomorrow`s increased network capacities and demands for new services.``

About UTStarcom, Inc.

UTStarcom designs, sells, manufactures and installs an integrated suite of wireless and wireline network access and switching systems that allow communications service providers to offer efficient and scalable voice, data and Internet access services. The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based SoftSwitch platform designed to deliver voice and
data services using a highly distributed architecture. WACOS contains a
SoftSwitch call server, a distributed multi-service IP gateway and a
full suite of subscriber management, mediation and billing services.


The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel. UTStarcom`s research and development facilities are located in the USA and China.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to install the IP-based PAS(TM) product in the Hainan Province, the Company`s expectations for future capabilities and releases, and the eventual migration path of voice and data transmission are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, the termination of significant contracts, partnerships or alliances, reductions or delays in system deployments, changes in demand for the Company`s products, and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Prospectus and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[yala]

Is ja gut habs gelesen zuerst 18 mil jetzt 14 mil warum der
erneute absturz auf 18$ Afterhours 18.125$ bin frustriert
Insiderverkäufe???
grüsse yala

[yala]

Yeah, Falcon. This board has been pretty quiet. I think the old timers have repeated again and
again what a solid company this is. It has been exasperating to see it go nowhere due to lousy
market conditions. Until those conditions improve I don`t think we will see alot of upward
movement or alot of excitement on the board. I am hopeful that the market has already
discounted all the bad news and that we have seen the bottom. As for UTSI, I am hopeful with
the next earnings report being a solid report that we will get close to 30 by end of April. I think
they will blow away the estimates, which already are %100 EPS growth. I think they were
probably conservative on guidance for 2001, and with a couple more quarters of exceeding
expectations coupled with improved (hopefully) market conditions, we could see some nice
movement. All, IMO. The UTSI diehards are still out there just waiting for something to really
talk about. -----

habe ich aus dem raging bull board, wird eim doch wieder etwas wärmer ums Herz gell
Grüsse yala

[panik]

Wieder Super News!


UTStarcom Continues Expansion in Zhejiang Province and Adds New Province Sales In Jiangxi
UTStarcom Signs $16 Million of PAS(TM) Contracts in Two Provinces of China
ALAMEDA, Calif., March 13 /PRNewswire/ -- UTStarcom, Inc. (Nasdaq: UTSI - news), a provider of wireless and wireline telecommunications access equipment, today announced that it has signed approximately $16 million in contracts to expand existing installations of the PAS(TM) city-wide wireless access systems in various locations in the Zhejiang Province and to begin selling its PAS(TM) system in the Jiangxi Province.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Zhejiang province is one of the largest telecom providers in China. The original PAS(TM) installations in the various locations of the Zhejiang Province were deployed during 2000, and the service has continued to grow in popularity. ``We are pleased to see the continue expansion business in the Zhejiang Province. In addition, we are excited about our initial deployment of the PAS(TM) city-wide wireless access system in the Jiangxi Province. With the growing acceptance of the PAS(TM) system, UTStarcom is currently working with our vendors to ensure an adequate product supply in anticipation of future deployment needs,`` says Ying Wu, CEO of China Operations. UTStarcom is the leading provider of PAS(TM) limited mobility wireless local loop equipment in China.

UTStarcom`s PAS(TM) provides city-wide wireless mobile phone service for a community of up to several hundred thousand consumers at traffic densities of upwards of 15,000 subscribers per square kilometer. Telephone service providers appreciate the PAS(TM) system for cost and efficiency reasons as it is integrated into the existing wireline network and does not require any modifications to the central office switch or incremental mobile switching hardware adaptations. This allows the service provider to take advantage of unused switching capacity and to offer such services as caller ID, call forwarding and voice mail to a new customer category -- wireless subscribers. Consumers enjoy the mobility of small handsets weighing less than three ounces. PAS(TM) supports wireless data transmission of up to 64Kbps, which enables wireless Internet access at speeds which the Company believes are faster than those possible with many wireline dial-up modems and other wireless technologies currently commercially deployed in China.

About UTStarcom, Inc.

UTStarcom designs, sells, manufactures and installs an integrated suite of wireless and wireline network access and switching systems that allow communications service providers to offer efficient and scalable voice, data and Internet access services. The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based SoftSwitch platform designed to deliver voice and
data services using a highly distributed architecture. WACOS contains
a SoftSwitch call server, a distributed multi-service IP gateway and a
full suite of subscriber management, mediation and billing services.


The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel. UTStarcom`s research and development facilities are located in the USA and China.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to expand existing installations of the PAS(TM) city-wide wireless access systems in various Zhejiang Province locations, the Company`s ability to successfully sell and deploy PAS systems in the Jiangxi Province, the Company`s estimate of backlog from the PAS(TM) Contracts in Zhejiang and Jiangxi Provinces and potential recognition of that backlog, anticipated demand for PAS(TM) systems, and the Company`s ability to meet future deployment needs are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include the possible termination of contracts, partnerships of alliances in the Zhejiang and Jiangxi Provinces, reductions or potential cancellation and non-recognition of backlog, rapidly changing technology, potential product supply constraints or part shortages, changes in demand for the Company`s products, the changing nature of China`s telecommunications market, and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Prospectus and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[panik]

UTStarcom Technology to Be Implemented in Two Major Cities in India
HFCL Wins $8.8 Million Telecom Contract
ALAMEDA, Calif., March 15 /PRNewswire/ -- UTStarcom, Inc. (Nasdaq: UTSI - news), a provider of wireless and wireline telecommunications access equipment, today announced that Himachal Futuristic Communications Limited (HFCL), a licensee and manufacturer of UTStarcom`s AN-2000 SDH/V5.2 access equipment has been awarded an initial order of 108K lines of access network equipment from Mahanagar Telephone Nigam Limited, New Delhi, (MTNL), the dominant telephone company in New Delhi and Mumbai.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``We believe the Telecom sector will benefit enormously from the process of economic liberalization and privatization that is occurring in India,`` said Hong Lu, president and CEO of UTStarcom. ``Teledensity has doubled in the last two years to 3.5 lines per hundred and we expect it to reach 7% in 2005. As today`s announcement indicates, the team of HFCL and UTStarcom plans to be an active participant in this infrastructure build out.``

The order is the result of an inquiry by MTNL in October 2000, and the team of HFCL/UTStarcom was awarded 100% of the order. HFCL will deliver AN-2000 equipment manufactured at its Solan facility in the state of Himachal Pradesh of India under UTStarcom supervision. The two companies recently signed a multi-million dollar agreement under which HFCL will pay fees to license UTStarcom`s technology and manufacture certain products.

UTStarcom`s AN-2000 is a broadband-ready digital wireline network access system that delivers a variety of services to subscribers over copper, fiber or microwave radio links. These services include traditional analog voice, dialed voice and data in digital format over integrated services digital network (ISDN) lines, analog leased lines and business data services over integrated digital subscriber line (IDSL) and high-data-rate digital subscriber line (HDSL). The AN-2000 system consists of both central office terminals and remote terminals which are linked together to form a digital access network using copper, fiber or microwave radio. The AN-2000 connects to the access ring through the Company`s OMUX product or a high performance robust transmission technology known as synchronous digital hierarchy (SDH). A central office AN-2000, or CT, connects the access ring to internet access, local and long distance and dedicated data services. A remote AN-2000, or RT, connects to the access ring and offers voice and data services to the subscribers. A regional access network has the potential to contain hundreds of AN-2000s servicing hundreds of thousands of subscribers.

About UTStarcom, Inc.

UTStarcom designs, sells, manufactures and installs an integrated suite of wireless and wireline network access and switching systems that allow communications service providers to offer efficient and scalable voice, data and Internet access services. The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:

PAS(TM), which provides voice and data services over city-wide mobile wireless networks;
AN-2000, a broadband and narrowband access system for wireline networks;
WACOS, an IP-based SoftSwitch platform designed to deliver voice and data services using a highly distributed architecture. WACOS contains a SoftSwitch call server, a distributed multi-service IP gateway and a full suite of subscriber management, mediation and billing services.
The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel. UTStarcom`s research and development facilities are located in the USA and China.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

About Mahanagar Telephone Nigam Limited, New Delhi, (MTNL)

MTNL, a Government of India enterprise, is the public operator in New Delhi and Mumbai with about 4 million mainlines deployed. MTNL provides a full range of voice and data services to residential and business customers. In 2000 MTNL added about 400,000 new subscriber lines. To facilitate both growth and modernization within its network, MTNL recently adopted a policy to deploy switching and access networks that use the V5.2 protocols and SDH transmission.

About Himachal Futuristic Communications Limited (HFCL)

HFCL, established in 1987, is one of India`s leading manufacturers and integrators of fiber-optic cable and telecommunications network equipment. HFCL maintains manufacturing facilities in the cities of Goa, Solan and Gurgaon.

Forward-Looking Statements

The foregoing statements regarding the planned deployment of the AN-2000 system for MTNL, expected growth of teledensity in India, and the Company`s future receipt of fees under the HFCL agreement are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include the changing nature of India`s telecommunications market, future government regulation in India, economic trends in India, uncertainties as to the success or duration of key partnerships and alliances, the direction of future research and development efforts, potential cancellations, reductions or delays in system deployments, and uncertainties such as general demand for and acceptance of the Company`s products. The Company also refers readers to the risk factors identified in its Prospectus and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[panik]

UTStarcom Signs $16 Million of IP-Based PAS(TM) Contracts in the Zhejiang Province in China
ALAMEDA, Calif., March 26 /PRNewswire/ -- UTStarcom, Inc. (Nasdaq: UTSI - news), a provider of wireless and wireline telecommunications access equipment, today announced that it has signed approximately $16 million in contracts for its new IP-based PAS(TM) product in the Zhejiang Province in China. The contracts are for a prosperous area with close proximity to the metropolitan city of Shanghai, China. This is anticipated to be a first phase installation of the IP-based PAS(TM) product that will provide service for approximately one million out of the estimated six million consumers that live in the service area.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
This new IP-telecom product is based on the company`s innovative WACOS IP platform, which has been designed to help local telephone service operators eventually migrate voice and data traffic from conventional circuit-switched (TDM) networks to IP-based 3G wireless broadband networks.

Ying Wu, chief executive officer of UTStarcom`s China Operations said, ``We believe the rapid acceptance of our new IP based PAS(TM) product illustrates the awareness by our customers -- local service providers -- of the long and short term benefits that can be achieved using our innovative technology. Our systems work well and enjoy considerable popularity in the current environment, and yet also will allow for smooth migration to new generations of data transfer and telecom technology as China moves quickly toward 3G.``

IP-based PAS(TM) is the latest innovation to UTStarcom`s PAS(TM) product. This technology provides a convenient and efficient solution to migrating legacy wireline and wireless infrastructure to next generation all-IP networks. For local telephone service providers, IP-based PAS(TM) provides an SS7 network interface and facilitates the eventual migration of voice and data transmission from conventional circuit-switched (TDM) networks to IP-based 3G wireless broadband networks. Intermediate products (2G-2.5G) also could be integrated, if necessary, by direct connection to this network. A multiple-edge access service can subsequently be converted to an IP-based broadband Metropolitan Area Network covering most urban areas through WACOS IP backbone interconnections, offering multi-protocol SoftSwitch capabilities. In the final phase of migration, next generation telecom networks such as 3G W-CDMA and TD-SCDMA could be built upon the WACOS all-IP core network technology.

About UTStarcom, Inc.

UTStarcom designs, sells, manufactures and installs an integrated suite of wireless and wireline network access and switching systems that allow communications service providers to offer efficient and scalable voice, data and Internet access services. The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based SoftSwitch platform designed to deliver voice and
data services using a highly distributed architecture. WACOS contains a
SoftSwitch call server, a distributed multi-service IP gateway and a
full suite of subscriber management, mediation and billing services.


The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel. UTStarcom`s research and development facilities are located in the USA and China.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to install the anticipated first phase installation of the IP-based PAS(TM) product in the Zhejiang Province of China, the acceptance and popularity of the IP-based PAS(TM) product, the eventual migration of the Company`s products to new generations of data transfer and telecom technology and the adoption by China of IP-based 3G wireless broadband networks are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, delays in IP-based PAS(TM) product and other system deployment, the changing nature of China`s telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, the termination of the contracts, partnerships or alliances in the Zhejiang Province, reductions or potential cancellation and non-recognition of backlog and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Prospectus and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[panik]

Epoch Partners Previews Earnings for the Communications Equipment Industry
SAN FRANCISCO, April 5 /PRNewswire/ -- Epoch Partners today issued a Research Note on the earnings outlook for communications networking vendors. The Research Note, issued today by Seth Spalding, Senior Analyst, Communications Equipment with Epoch Partners, discusses the earnings outlook for each of Epoch`s covered companies. The following are highlights from select companies included in the Research Note:


-- Ceragon (Nasdaq: CRNT - news): It appears that the market is discounting
Ceragon more heavily than just if Winstar were its only problem.
However, with CRNT around $4 1/2, we believe that all of these
potential problems are priced in the stock.
-- CIENA (Nasdaq: CIEN - news): We believe CIENA has visibility to make our
fiscal 2Q estimate, but even this WDM pioneer cannot escape a prolonged
macro slowdown.
-- Cisco (Nasdaq: CSCO - news): Pricing pressure and discontinuation of the
optical router product may tend to weigh heavily on the stock:
-- Juniper (Nasdaq: JNPR - news): Juniper`s solid list of customers and strong
product technology should shield the company from an industry slowdown
in the near-term.
-- UTStarcom (Nasdaq: UTSI - news): UTStarcom has been trading below its growth
rate, likely in sympathy to the other communications equipment vendors.
Lack of exposure to U.S. and European capital expenditure spending
concerns, and current strength of business, make it attractive.
-- Our full note, with detailed analysis of each company, is available
free at: www.epoch.com.


In addition, an audio summary of this report can be accessed at http://iTALKWeb.com/p.i?M=14892&SA=0 or http://iTALKWeb.com/p.i?M=14892&SA=1 (Windows Media).

Communications Equipment Research Coverage

Investors can visit Epoch`s Web site to read research coverage on the following public companies: Avanex Corporation, Avici Systems, Ceragon Networks, CIENA Corporation, Cisco Systems, Corvis Corporation, Endwave Corporation, Finisar Corporation, Floware Wireless Systems, Foundry Networks, JDS Uniphase Corporation, Juniper Networks, Lucent Technologies, Netro Corporation, New Focus, Inc., Netro Corporation, Sycamore Networks, and UTStarcom, Inc.

In addition, investors can be added to the Communications Equipment email alert system, which alerts investors to new research in the Communications Equipment sector. To be added to this alert system visit http://pluto.sparklist.com/scripts/lyris.pl?join=epochcommeq .

Full research coverage on other companies under coverage by Epoch is available for free to investors through the Epoch Web site (www.epoch.com).

Epoch Partners is a technology-enabled investment bank focused on high-growth companies and electronically connected institutional and individual investors.

The information contained herein is based on sources believed to be reliable but is neither all inclusive nor guaranteed by Epoch Partners. Opinions, if any, reflect our judgment at this time and are subject to change. Epoch Partners does not undertake to advise of changes in its opinion or the information. Epoch Partners may perform or seek to perform investment banking services for the issuers of securities which are the subject of our Research. Most of the companies Epoch Partners follows are emerging growth companies whose securities typically involve a higher degree of risk and more volatility than the securities of more established companies. The securities discussed in the Epoch Partners Research may be unsuitable for investors depending on their specific investment objectives and financial situation and needs. No report included in the Epoch Partners Research is a recommendation that any particular investor should purchase or sell any particular security in any amount or at all and is not a solicitation of any offer to purchase or sell from or to any particular investor. For additional information that may be available on the securities mentioned, please contact Epoch Partners.

Epoch Partners is a member of the National Association of Securities Dealers, CRD number 103899.

SOURCE: Epoch Partners, Inc.

[panik]

Wieder klasse News

UTStarcom Signs $35 Million in Telecom Infrastructure Contracts in China
Yunnan and Zhejiang Provinces Expand PAS(TM)
ALAMEDA, Calif., April 5 /PRNewswire/ -- UTStarcom, Inc. (Nasdaq: UTSI - news), a provider of wireless and wireline telecommunications access equipment, today announced that it has signed approximately $35 million in new contracts to deploy the PAS(TM) city-wide wireless access system in the Yunnan and Zhejiang Provinces of China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
The new contract in Zhejiang Province will install the PAS(TM) city-wide wireless access system in an affluent coastal city which will provide service for approximately one million consumers. The contracts signed in the Yunnan Province will install the PAS(TM) system in four new cities to provide service to a population of approximately one million residents. Due to its geographical location in China`s southwest, Yunnan Province is a key province in the Chinese government`s ``Develop the West`` campaign. The purpose of this campaign is to improve the infrastructure of the Western region so that it will catch up with the economic prosperity of the coastal region.

``China is widely regarded as the fastest growing major telecom equipment market in the world today,`` said Hong Lu, president and CEO of UTStarcom, Inc. ``As the leading provider of wireless local loop equipment in the country, UTStarcom is playing a critical role in this aggressive infrastructure build-out. As a result of our recent large contract wins, we are working with our suppliers to increase production in light of the continued strong acceptance and demand for our product.``

UTStarcom`s PAS(TM) provides city-wide wireless mobile phone service for a community of up to several hundred thousand consumers at traffic densities of upwards of 15,000 subscribers per square kilometer. Telephone service providers appreciate the PAS(TM) system for cost and efficiency reasons as it is integrated into the existing wireline network and does not require any modifications to the central office switch or incremental mobile switching hardware adaptations. This allows the service provider to take advantage of unused switching capacity and to offer such services as caller ID, call forwarding and voice mail to a new customer category -- wireless subscribers. Consumers enjoy the mobility of small handsets weighing less than three ounces. PAS(TM) supports wireless data transmission of up to 64Kbps, which enables wireless Internet access at speeds which the Company believes are faster than those possible with many wireline dial-up modems and other wireless technologies currently commercially deployed in China.

About UTStarcom, Inc.

UTStarcom designs, sells, manufactures and installs an integrated suite of wireless and wireline network access and switching systems that allow communications service providers to offer efficient and scalable voice, data and Internet access services. The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based SoftSwitch platform designed to deliver voice and
data services using a highly distributed architecture. WACOS contains a
SoftSwitch call server, a distributed multi-service IP gateway and a
full suite of subscriber management, mediation and billing services.


The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel. UTStarcom`s research and development facilities are located in the USA and China.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to install the PAS(TM) city-wide wireless access systems in the Zhejiang and Yunnan Provinces of China, the popularity of the PAS(TM) systems in those cities, the amount of people that will be serviced by the PAS(TM) systems in those cities, the Company`s estimate of backlog from the PAS(TM) Contracts in the Zhejiang and Yunnan Provinces and the growth of China`s telecommunications market are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, delays in the deployment or installation of the PAS(TM) systems in the Zhejiang and Yunnan Provinces, the changing nature of China`s telecommunications market, the termination of significant contracts, partnerships or alliances in these cities, reductions or potential cancellation and non-recognition of backlog and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Prospectus and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[panik]

UTStarcom`s Guangzhou Sales Office Signs $14 Million in Expansion Contracts For PAS Services in the Guangdong and Hainan Provinces of China
ALAMEDA, Calif., April 16 /PRNewswire/ -- UTStarcom, Inc. (Nasdaq: UTSI - news), a provider of wireless, wireline and broadband telecommunications access equipment, today announced $14 million in follow-on contracts for the company`s PAS(TM) and IP-based PAS(TM) systems in various cities in the Guangdong and Hainan Provinces of China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Robert Wu, vice president of UTStarcom`s China Operations said, ``These recent expansion contracts reflect the strong consumer acceptance of our PAS product, as well as our ability to effectively partner with local service providers and help them deliver quality service at a price consumers can afford.`` He continued, ``We expect our successes to date in this marketplace will enable our company to participate fully as China aggressively builds out its telecom infrastructure over the next several years.``

UTStarcom, Inc. is the leading provider of PAS(TM) limited mobility wireless local loop equipment in China. The PAS(TM) technology and equipment provides telephone service to consumers within a specific city or community, using small (less than 3 ounce), mobile (not cellular) handsets, with the signal traveling across low-cost, conventional fixed telephone lines.

About UTStarcom, Inc.

UTStarcom designs, sells, manufactures and installs an integrated suite of wireless and wireline network access and switching systems that allow communications service providers to offer efficient and scalable voice, data and Internet access services. The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:

PAS(TM), which provides voice and data services over city-wide mobile wireless networks; our latest innovation, IP-based PAS(TM), provides an SS7 network interface and facilitates the eventual migration of voice and data transmission from conventional circuit-switched (TDM) networks to IP-based 3G wireless broadband networks.
AN-2000, a broadband and narrowband access system for wireline networks;
WACOS, an IP-based SoftSwitch platform designed to deliver voice and data services using a highly distributed architecture. WACOS contains a SoftSwitch call server, a distributed multi-service IP gateway and a full suite of subscriber management, mediation and billing services.
The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel. UTStarcom`s research and development facilities are located in the USA and China.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to expand existing installations of the PAS(TM) and IP-based PAS(TM) systems in various cities in the Guangdong and Hainan Provinces of China, consumer acceptance of the PAS(TM) systems in those locations, the Company`s estimate of backlog from the PAS(TM) Contracts in the Guangdong and Hainan Provinces and the potential recognition of backlog, China`s building of its telecom infrastructure in the next several years and the Company`s ability to participate in that building are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications market, possible downturns in the telecommunications markets, the termination of the contracts, partnerships or alliances in the Guangdong and Hainan Provinces, reductions or potential cancellation and non-recognition of backlog and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Prospectus and Quarterly Reports on Form 10-K filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

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UTStarcom Deploys Nationwide xDSL Data Access Network for Mauritius Telecom
ALAMEDA, Calif., April 19 /PRNewswire/ -- UTStarcom, Inc. (Nasdaq: UTSI - news), a provider of wireless and wireline telecommunications access equipment, today announced that the Company has successfully completed the deployment and gained customer acceptance of its AN-2000 broadband access network equipment that provides a next generation xDSL leased line nationwide data network for Mauritius Telecom.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
The network, which was developed in response to orders received during the second half of 2000, includes central office and customer premises IDSL and HDSL equipment that delivers corporate leased line and broadband access services for Mauritius Telecom`s ATM, X.25, Frame Relay, and Fast Internet subscribers. The services are marketed as MauriCell, MauriData, MauriFrame and InterFrame. The new network covers over 33 regional locations with capacity for thousands of DSL subscribers.

``We selected UTStarcom`s AN-2000 system based on its high performance, cost effectiveness and flexibility. Mauritius Telecom now can deploy a unified access network for all of our business as well as consumer data services. This has simplified network management -- and in the future, we believe AN-2000`s V5.2 and ADSL capabilities will allow us to add switched and statistically multiplexed services easily. The AN-2000 system is well ahead of other products that we prospected during the selection process in terms of services and evolution to support new features. UTStarcom has been very responsive to all changes we have requested them to make on the product and today we are totally satisfied with the Network`s performance,`` stated Yagianath Rosunee, Mauritius Telecom`s Data Services Manager.

About UTStarcom, Inc.

UTStarcom designs, sells, manufactures and installs an integrated suite of wireless and wireline network access and switching systems that allow communications service providers to offer efficient and scalable voice, data and Internet access services. The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based SoftSwitch platform designed to deliver voice and
data services using a highly distributed architecture. WACOS contains
a SoftSwitch call server, a distributed multi-service IP gateway and a
full suite of subscriber management, mediation and billing services.


The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

About Mauritius Telecom

Mauritius Telecom -- one of the country`s most successful businesses -- is the primary supplier of telecommunications services in Mauritius with nearly 300K main telephone lines, 150K GSM mobile phones and 50K Internet Subscriptions for a population of 1.2 million.

Strategically located at the crossroads of Africa, South East Asia and the Indian subcontinent, Mauritius is rapidly establishing itself as a premier international business hub for the Information and Communication Technology (ICT) sector with Mauritius Telecom again playing a key role as network operator and service provider.

Mauritius Telecom established a strategic partnership with France Telecom in November 2000, an alliance with allows it to leverage the technological strengths, know-how, field experience, and human resources of both companies to achieve world class standards and propel itself as a regional player.

Mauritius Telecom also has a commercial presence in South Africa, Mozambique, Lesotho, Burundi and Madagascar.

Forward-Looking Statements

The foregoing statements regarding customer acceptance of the newly installed AN-2000 system for Mauritius, the ability of Mauritius to add switched and statistically multiplexed services and the ability of the AN-2000 system to support new features are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of the telecommunications market, changes in the direction of future research and development efforts, delays in system deployments, product introductions and rollouts, and other uncertainties, such as changes in the demand for and acceptance of the Company`s products. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

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UTStarcom connects with China
By Allen Wan, CBS.MarketWatch.com
Last Update: 12:39 AM ET Apr 20, 2001




ALAMEDA, Calif. (CBS.MW) - UTStarcom is an unusual company to say the least. While others limit their exposure to volatile emerging markets due to economic and political turmoil, the Nasdaq-listed telecom equipment provider thrives on the uncertainty and has poured its money and efforts into countries like China and India, where the risks are high but so are the rewards.

So far, the investments seem to be paying off. Over the four weeks alone, UTStarcom has clinched several contracts totaling $65 million to supply wired and wireless infrastructure equipment to China`s poorest regions.



Shares of Nasdaq-listed UTStarcom (UTSI: news, msgs, alerts) have jumped 80 percent this month, to Thursday`s close of $22.50 from a calendar year low of $12.50 on April 4.

Established just barely a decade ago, the Alameda, Calif.-telecommunications company has prospered by betting its fortunes on China and the pent-up demand for telecommunication products and services there. UTStarcom`s wireless access systems will be in installed in places like remote Yunnan, where residents had a hard time a few years ago just finding a phone.

The numbers speak volumes. As recently as 1992, China claimed only 10 million phone users. By 1998, that number had grown ten-fold to 100 million - only to double to more than 200 million users in 2000. UTStarcom`s earnings have risen in parallel to that growth. In 2000, pro-forma earnings soared 104 percent from previous-year levels to $43.5 million, while revenues jumped 97 percent to $368.6 million.

In an interview with CBS.MarketWatch.com, UTStarcom president and CEO Hon Lu discusses the company`s growth plans and why China is still a promising market for U.S. companies despite recent U.S.-Chinese tensions.

Q. Q: Your business is very focused on selling telecommunications equipment and building the infrastructure in China. Your annual report says that more than 90 percent of your revenues are generated from China. Why China?

A. A: China is one of the fastest growing telecommunications markets in the world. For instance, to give you a simple statistic, in the last 10 years, China has recreated the United States (in terms of lines installed). And studies show that in the next 5 years, it`s going to recreate another United States. So China is definitely the place to be.

Q. Q: Do you have the numbers to back that up?

A. A: Yes, China at the end of last year had 142 million wire lines. Ten years ago, they had hardly anything. And the United States has 140 million. In fact, China exceeded the United States by the end of last year. And for sure, it will significantly exceed the United States by the end of this year.

Q. Q: The spy-plane incident highlights the volatility of relations between the two superpowers. Has this incident of incidents like these affected your business plans, or those of companies in a similar line of work?

A. A: Well, first of all, it`s a very unfortunate incident. But from a business point of view, it did not affect anything or from a planning point of view.

Q. Q: How will China`s likely accession to the WTO later this year affect your business down the line? Or do you see any impact?

A. A: The WTO, we very much welcome. We are very pro-WTO, Once the WTO opens up (for China), it will allow foreign investments into the operator. For instance in the past, the Chinese government has only allowed the supplier or the manufacturer of the equipment to do business in China. But has never allowed the operator to be vested by the foreign companies. And the WTO will open that up. Once foreign capital flows into other operational companies, they will be more inclined to buy more equipment. We are the equipment supplier, so we will benefit from that.

Q. Q: What are some of the problems you`ve experienced in dealing with developing nations like China and India?

A. A: There`s a good part and a bad part. The good part is the needs and demand is very high. The difficult part is that there are a lot of regulatory issues; they are not as clear and keep changing. Those are the pros and cons.

Q. Q: I noticed that one of your goals is to diversify your revenue stream a bit away from China and into other developing nations. How is that coming along?

A. A: Actually, last year, we had only 1 percent of our revenue from outside of mainland China, and this year we have targeted at least 10 percent. So we have been very much moving toward expanding our business outside of mainland China. We also made an announcement that we signed more than $50 million in contracts in year 2000, and we`re going to realize that this year. We`re going to see a significant increase in revenue internationally.

Q. Q: What other countries are you targeting?

A. A: We`re targeting a lot of Southeast Asian countries such as Thailand, the Philippines, Vietnam, Taiwan and also Japan and India. And those are the major targets. We`ve also opened up an office in Miami, targeting Central and South America. In Tel Aviv, we have an office there, too, to target the eastern bloc market.

Q. Q: I believe your company is reporting earnings next week. Can you tell me whether your company is on target to meet or exceed profit and sales goals?

A. A: Allen, I really appreciate your effort but unfortunately, I cannot tell the trend of our company before the release. But you have seen a lot of our press releases from us recently and you can tell the tone by these releases.

Q. Q: Are you adding people?

A. A: Yes, we have been adding people.

Allen Wan is a news editor for CBS.MarketWatch.com in New York.

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UTStarcom Reports Record First Quarter Results
Quarterly Revenues Up 103% Year Over Year
ALAMEDA, Calif., April 26 /PRNewswire/ -- UTStarcom, Inc. (Nasdaq: UTSI - news) today reported its first quarter 2001 results for the period ended March 31, 2001.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Net sales for the first quarter of 2001 increased to $119.2 million, a 103% increase over the $58.6 million in net sales reported in the prior year period. Pro forma net income (excluding non-cash charges for stock compensation and amortization) for the first quarter of 2001 increased to $12.1 million, or $0.12 per share, as compared to $3.4 million, or $0.04 per share in the prior year period.

``We are extremely pleased with the continued growth in the business and our quarterly results,`` said Hong Lu, President and Chief Executive Officer of UTStarcom. ``During the quarter we recorded significant new bookings, which reflected the strong demand and customer acceptance of our products. In addition, we continue to see a push in China for increased telecom spending as evidenced by the fact that we added 25 customers for our PAS product during the quarter.``

Actual net income (including stock compensation expense, amortization of intangible assets, in-process research and development costs and beneficial conversion feature) for the first quarter of 2001 was $9.4 million, or $0.09 per share compared to a net loss of $4.2 million, or a net loss of $0.12 per share for the first quarter of 2000.

Conference Call

UTStarcom will conduct a conference call on April 26 at 1:30 p.m. (PDT), which is open to the public. The conference call dial-in numbers are: United States -- 877-209-9920; International -- 612-332-0107.

A conference call replay will be available following the conference call from approximately 5:00 p.m. (PDT) on April 26 to 5:00 p.m. (PDT) on May 1. The conference call replay numbers are: United States -- 800-475-6701; International -- 320-365-3844. The Access Code is 582657.

About UTStarcom, Inc.

UTStarcom designs, sells, manufactures and installs an integrated suite of wireless and wireline network access and switching systems that allow communications service providers to offer efficient and scalable voice, data and Internet access services. The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks; our latest innovation, IP-based PAS(TM), provides an
SS7 network interface and facilitates the eventual migration of voice
and data transmission from conventional circuit-switched (TDM) networks
to IP-based 3G wireless broadband networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based SoftSwitch platform designed to deliver voice and
data services using a highly distributed architecture. WACOS contains
a SoftSwitch call server, a distributed multi-service IP gateway and a
full suite of subscriber management, mediation and billing services.


The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, New Jersey; Alameda, California; Miami, Florida; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel. UTStarcom`s research and development facilities are located in the USA and China.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s estimates of backlog and recognition of backlog, new bookings, customer acceptance of products, continued demand for the Company`s products and continued telecom spending in China are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, the termination of significant contracts, reduction or delays in system deployments, product transitions, changes in demand for the Company`s products, potential cancellation and non-recognition of backlog, general adverse economic conditions and trends and uncertainties such as changes in government regulation and licensing requirements. The Company also refers readers to the risk factor identified in its Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission.

UTStarcom, Inc.
Consolidated Balance Sheets
(In thousands)
(Unaudited)
March 31, December 31,
2001 2000
(unaudited)
ASSETS
Current assets:
Cash and cash equivalents $208,484 $232,970
Accounts receivable, net 169,708 161,330
Receivable from related parties 857 406
Inventories, net 153,142 118,995
Other current assets 36,399 17,674
Total current assets 568,590 531,375
Property, plant and equipment, net 28,494 21,999
Long-term investments 13,132 12,397
Goodwill and intangible assets, net 27,975 20,238
Other long term assets 3,863 5,828
Total assets $642,054 $591,837

LIABILITIES AND STOCKHOLDERS` EQUITY
Current liabilities:
Accounts payable $39,937 $44,564
Debt 55,427 43,381
Amounts due to related parties 1,335 --
Income taxes payable 5,026 7,170
Deferred revenue 43,989 31,678
Other 38,984 34,721
Total current liabilities 184,698 161,514

Long-term debt 22,748 12,048
Minority interest in consolidated
subsidiaries 5,844 5,956
Stockholders` equity:
Common stock 122 120
Additional paid-in capital 432,207 426,665
Deferred stock compensation (5,129) (6,491)
Retained earnings (deficit) 1,554 (7,808)
Notes receivable from shareholders (292) (314)
Other comprehensive income 302 147
Total stockholders` equity 428,764 412,319

Total liabilities and
stockholders` equity $642,054 $591,837


UTStarcom, Inc.
Consolidated Statements of Operations
(In thousands, except per share amounts)
(Unaudited)

Three months ended
March 31, March 31,
2001 2000
as restated
(Note 2)

Net sales $119,181 $58,587
Cost of sales 77,768 37,974
Gross profit 41,413 20,613
Operating expenses:
Selling, general and administrative 14,131 11,064
Research and development 12,412 10,909
Amortization of intangible assets 1,471 1,223
In-process research and
development costs
Total operating expenses 28,014 23,196

Operating income 13,399 (2,583)

Interest and other income (expenses) 452 772
Equity in income (loss) of
affiliated companies (244) (279)
Income (loss) before income
taxes and minority interest 13,607 (2,090)
Income tax expense 3,652 918
Minority interest in (earnings) of
consolidated subsidiaries (593) (261)

Income (loss) before cumulative effect
of change in accounting principle 9,362 (3,269)
Cumulative effect of change
in accounting principle -- (980)
Net income (loss) $9,362 $(4,249)

Basic earnings (loss) per share:

Income (loss) before cumulative effect
of change in accounting principle 0.10 (0.09)
Cumulative effect of change
in accounting principle -- (0.03)
Net income (loss) per share $0.10 $(0.12)

Diluted earnings (loss) per share:

Income (loss) before cumulative effect
of change in accounting principle 0.09 (0.09)
Cumulative effect of change in
accounting principle -- (0.03)
Net income (loss) per share $0.09 $(0.12)

Weighted average shares used
in per-share calculation:
- Basic 95,873 35,867
- Diluted 104,262 35,867


1. The above statements include the
following stock compensation expense:


Cost of Sales 13 33
Selling, general and administrative 681 1,802
Research and development 578 4,595
Total stock compensation expense 1,272 6,430


2. The results of operations for the three months ended March 31, 2000, as
previously reported in the Company`s interim 2000 financial statements
filed on Form 10-Q, have been adjusted to reflect the application of
SAB 101 "Revenue Recognition in Financial Statements" effective
January 1, 2000. The Company recorded a cumulative adjustment in first
quarter 2000 of $980,000, or $0.03 per share, basic and diluted, to
reflect the change in accounting principle. The impact of adopting
SAB 101 on fiscal 2000 first quarter net income was $0.3 million, with no
effect on basic or diluted net income per share for the quarter.


UTStarcom, Inc.
Pro Forma Consolidated Statements of Operations
Excluding Amortization of Deferred Compensation and Amortization of
Intangible Assets
(In thousands, except per share amounts)
(Unaudited)

Three months ended
March 31, March 31,
2001 2000
as restated
(Note 2)

Net sales $119,181 $58,587
Cost of sales 77,755 37,941
Gross profit 41,426 20,646
Operating expenses:
Selling, general and administrative 13,450 9,262
Research and development 11,834 6,314
Total operating expenses 25,284 15,576

Operating income 16,142 5,070

Interest and other income (expenses) 452 772
Equity in income (loss) of
affiliated companies (244) (279)
Income (loss) before income taxes,
minority interest and cumulative
effect of a change of
accounting principle 16,350 5,563
Income tax expense 3,652 918
Minority interest in (earnings) of
consolidated subsidiaries (593) (261)

Income (loss) before cumulative effect
of change in accounting principle 12,105 4,384
Cumulative effect of change in
accounting principle -- (980)
Net income $12,105 $3,404

Basic earnings (loss) per share:

Income before cumulative effect of
change in accounting principle 0.13 0.12
Cumulative effect of change in
accounting principle -- (0.03)
Net income per share $0.13 $0.09

Diluted earnings (loss) per share:

Loss before cumulative effect of
change in accounting principle 0.12 0.05
Cumulative effect of change in
accounting principle -- (0.01)
Net income per share $0.12 $0.04

Weighted average shares used
in per-share calculation:
- Basic 95,873 35,867
- Diluted 104,262 95,787


1. The above pro forma statements
have been adjusted to exclude
the following non-cash expenses:
Stock compensation expense:

Cost of Sales 13 33
Selling, general and administrative 681 1,802
Research and development 578 4,595
Total stock compensation expense 1,272 6,430

Amortization of intangible assets 1,471 1,223


2. The results of operations for the three months ended March 31, 2000,
as previously reported in the Company`s interim 2000 financial statements
filed on Form 10-Q, have been adjusted to reflect the application of
SAB 101 "Revenue Recognition in Financial Statements" effective
January 1, 2000. The Company recorded a cumulative adjustment in first
quarter 2000 of $980,000, or $0.03 per share basic and diluted, to
reflect the change in accounting principle. The impact of adopting
SAB 101 on fiscal 2000 first quarter net income was $0.3 million, with no
effect on basic or diluted net income per share for the quarter.

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SOURCE: UTStarcom, Inc.

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Epoch Partners Issues Company Update on UTStarcom, Inc.
UTSI Reports 1Q01 Results - Strong and Getting Stronger
SAN FRANCISCO, Apr 27 /PRNewswire/ -- Epoch Partners today announced it has issued a Research Note on UTStarcom, Inc. (Nasdaq: UTSI - news). The Note is available for free to investors through the Epoch Web site (www.epoch.com).

The Research Note, issued by Seth Spalding, Senior Research Analyst for Communications Equipment Systems, discusses the current investment thesis of UTStarcom, Inc. Highlights from the report include the following:


-- UTStarcom reported excellent 1Q01 results, with sales and earnings that
easily beat our estimates and the consensus.
-- Tone of the business continues to improve, with rising gross margins,
increasing backlog and good visibility into international (i.e. outside
of China) opportunities
-- China remains immune from the capital spending concerns in the U.S.
and Europe. The overarching risk remains political.
-- The note is available free at www.epoch.com.


Communications Equipment Research Coverage

Investors can visit Epoch`s Web site to read research coverage on the following public companies: Avanex Corporation, Avici Systems, Bookham Technology plc, Ceragon Networks, CIENA Corporation, Cisco Systems, Corvis Corporation, Endwave Corporation, Finisar Corporation, Floware Wireless Systems, Foundry Networks, JDS Uniphase Corporation, Juniper Networks, Lucent Technologies, Netro Corporation, New Focus, Inc., Netro Corporation, Sycamore Networks, and UTStarcom, Inc.

In addition, investors can be added to the Communications Equipment email alert system, which alerts investors to new research in the Communications Equipment sector. To be added to this alert system visit http://pluto.sparklist.com/scripts/lyris.pl?join=epochcommeq .

Full research coverage on other companies under coverage by Epoch is available for free to investors through the Epoch Web site http://www.epoch.com .

Epoch Partners is a technology-enabled investment bank focused on high-growth companies and electronically connected institutional and individual investors.

The information contained herein is based on sources believed to be reliable but is neither all inclusive nor guaranteed by Epoch Partners. Opinions, if any, reflect our judgment at this time and are subject to change. Epoch Partners does not undertake to advise of changes in its opinion or the information. Epoch Partners may perform or seek to perform investment banking services for the issuers of securities which are the subject of our Research. Most of the companies Epoch Partners follows are emerging growth companies whose securities typically involve a higher degree of risk and more volatility than the securities of more established companies. The securities discussed in the Epoch Partners Research may be unsuitable for investors depending on their specific investment objectives and financial situation and needs. No report included in the Epoch Partners Research is a recommendation that any particular investor should purchase or sell any particular security in any amount or at all and is not a solicitation of any offer to purchase or sell from or to any particular investor. For additional information that may be available on the securities mentioned, please contact Epoch Partners. This document has been published in the United States for Residents of the United States.

Epoch Partners is a member of the National Association of Securities Dealers, CRD number 103899.

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SOURCE: Epoch Partners

[panik]

UTStarcom Announces First Metropolitan Area Networks Contract Wins In the Shandong Province in China
ALAMEDA, Calif., April 30 /PRNewswire/ -- UTStarcom, Inc. (Nasdaq: UTSI - news), a provider of wireless, wireline, and broadband telecommunications access equipment, today announced that it has signed approximately $5 million in contracts to implement the new broadband Metropolitan Area Networks (MANs) in five cities in the Shandong Province. The Shandong Province, located on China`s eastern coast, is considered one of the more prosperous provinces in the country.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
These contract wins represent a major breakthrough for UTStarcom as they illustrate the company`s ability to help local service providers respond to the rapid growth of Internet business, as well as the strong demand for other data services in China. Local telecom operators, like China Telecom, are investing heavily in IP-based MANs in order to set up multi-service broadband telecommunications infrastructure that can provide more bandwidth and higher data speed for local subscribers. This system platform is designed to utilize UTStarcom`s innovative IP-based WACOS Softswitch, that delivers multiple voice and data services using a highly distributed architecture.

About UTStarcom, Inc.

UTStarcom designs, sells, manufactures and installs an integrated suite of wireless and wireline network access systems that allows communications service providers to offer efficient and scalable voice, data and internet access services. Current product offerings include: Airstar network access system, which allows service providers to offer voice and data services over fixed wireless (WLL) and city-wide wireless (PAS(TM)) mobile networks; AN-2000, a broadband-ready access system for wireline networks; OMUX, an optical multiplexing product which provides optical transmission; and WACOS, an IP-based switch designed to deliver multiple voice and data services using a highly distributed architecture. The Netman network management system, which is integrated with the network access products, provides for centralized management of the Airstar, AN-2000 and OMUX products. WACOS contains a full suite of subscriber management, mediation and billing services.

The Company`s customers are public telecommunications service providers that operate wireless and wireline networks in rapidly growing communications markets. To date the market focus has been primarily on China, where growth in the communications equipment markets is being driven by government commitment to infrastructure development, strong economic growth and pent-up consumer demand.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout China. The Company`s international sales group handles sales outside China. UTStarcom`s research and development facilities are located in the USA and China.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: Airstar, PAS, AN-2000, WACOS, Netman, and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the growth of the Internet business and strong demand for data services in China, investment by local telecom operators in China in IP-based MANS, the Company`s ability to install system platforms for MANs in five locations in the Shandong Province of China and the potential recognition of that backlog are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include, rapidly changing technology, the changing nature of China`s telecommunications market, possible downturns in the telecommunications markets, changes or delays in product deployments and introductions, the termination of contracts, partnerships or alliances in the Shandong Province, reductions or potential cancellation and non-recognition of backlog and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and Quarterly Report on Form 10-Q as filed with the Securities and Exchange Commission.


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SOURCE: UTStarcom, Inc.

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The Exotic Nature of Tech Firms
From China Spooks U.S. Investors
By Matt Pottinger and Gren Manuel
Staff Reporters of The Wall Street Journal
HONG KONG -- Chinese and Hong Kong technology companies that heeded the siren call to list their shares on the Nasdaq market once presented themselves as doubly blessed: Besides riding the promise of the Internet, companies like Sohu.com and AsiaContent would also tap the vast potential of China.

But in a cruel footnote to the market meltdown last year, their exotic backgrounds became liabilities in the eyes of U.S. investors, who were quick to dump the less known China-related stocks, even as they clung to similar American companies. The low valuations are especially painful because some of these companies` peers that went public closer to home, on the Hong Kong exchange, weren`t punished as badly.

Furthermore, the Hong Kong exchange`s more relaxed rules make it much tougher to be delisted, leading some executives whose stocks have collapsed on Nasdaq to grumble they would be getting better treatment from local investors. Their experiences suggest that when the next bull market comes along, technology start-ups in Greater China may be more inclined to stay close to home for their initial public offerings of stock, rather than join another Nasdaq gold rush.

"In hindsight, I would consider a dual listing," says Charles Zhang, founder and chairman of Beijing-based Internet portal Sohu. Mr. Zhang, whose company`s share price closed Monday at $1.59, well below its IPO price of $13 in July, maintains Sohu would probably be given a higher valuation by investors in Hong Kong.

Taking a Beating
The 10 China-focused stocks listed last year on the Nasdaq National Market have declined an average of 70%, compared with a 35% decline in the Nasdaq Composite Index over the past 12 months. Four of the companies -- iAsiaWorks Inc, Sohu, Wherever.net Holdings and AsiaContent Inc -- have drifted at least briefly below $1 in the past several weeks, levels at which they risk being delisted. While Sohu and AsiaContent have clambered above $1, they remain valued at less than their cash reserves, and liquidity in the stocks has all but dried up.

A recent trade of just 400 shares of Hong Kong-based Internet phone company Wherever.net was enough to send its price tumbling 50% to 80 cents. As an Asian company "it`s more difficult to get noticed by institutional investors," laments Fernando Bensuaski, Wherever.net`s chief operating officer. "We don`t get picked up on their radar screens."

Only one of last year`s China-related Nasdaq listings, mobile-phone network supplier UTStarcom Inc, is trading above its IPO price.

Comforts of Home
"There`s absolutely a home-court advantage" for stocks listed in their home markets, says Hong Kong venture capitalist Hanson Cheah. "It gives retail investors a little bit of comfort" to be able to use the Web sites of companies they invest in, or to see their advertisements on the side of a bus, adds Mr. Cheah, managing partner of AsiaTech Ventures.

Hong Kong-listed portal tom.com, for example, has managed to stay above its listing price, largely on its appeal to Hong Kong residents -- they know the company is backed by local billionaire Li Ka-shing, who has a strong record of delivering growth.

Anecdotal evidence suggests companies would find stronger demand close to home. Last month, two men strolled into the Beijing headquarters of Sohu and heaved a duffel bag stuffed with $200,000 onto the desk of Derek Palaschuk, head of finance for the portal. The men had pooled their money with suburban business partners after reading local media coverage of Sohu and surfing its site, said Mr. Palaschuk. And when U.S. chip maker Intel Corp. decided to sell its 8.6% stake in Sohu, it was a Beijing-based firm, Hong Kong Beida Jade Bird Science & Technology Ltd., that snapped up the shares. Dow Jones & Co., publisher of the Journal and WSJ.com, owns about 1.1% of Sohu.

No Regrets
Still, most of the Chinese companies that flocked to Nasdaq say they have no regrets. They raised more than they believe they could have in Hong Kong. Sohu`s Mr. Zhang says his company has enough cash for another 39 months thanks to its Nasdaq listing.

Since the downturn, however, most of the companies have had to struggle with the baggage that comes from being part of the Nasdaq club, such as the greater threat of delisting and higher potential for legal actions to be filed by disgruntled investors.

The prevailing sentiment was "if you`re a man you go to Nasdaq, if you`re a boy, go play on the local market," says Mr. Cheah. "But there are a lot of downsides that no one ever thought about."

Yet the rewards of funding availability and prestige that come with a Nasdaq listing are such that companies are doing whatever they can to ensure they don`t get booted off the market.

After receiving a warning letter from Nasdaq authorities because its stock traded below $1 for more than 30 days, AsiaContent in March combined every five shares into one. The move reduced AsiaContent`s overall market capitalization, but moved the stock`s price above $1 and averted a delisting hearing.

Once a company is booted from the exchange, it is extremely rare to get back on again, making it difficult to raise money. "We will do whatever we can to raise the level of shares above that $1 level," says Wherever.net`s Mr. Bensuaski.

* * * Nasty Trip
Status of the 10 stocks from China and Hong Kong that listed on Nasdaq in 2000:

Danger zone (Now below $1) iAsiaWorks; Wherever.net
Bounced back (Once below $1, but now above) Asiacontent.com; Sohu.com
Safe for now (Below $2, but never below $1) Netease.com; SINA.com; Sunday Communications
In the clear (Always above $2) ASAT Holdings; AsiaInfo Holdings; UTStarcom

IPO prices ranged from $9 to $24

Source: AWSJ research

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UTStarcom Inc. Provides First PAS(TM) Service in Taiwan
ALAMEDA, Calif., May 7 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced the launch of service for the first PAS(TM) Network in Taiwan through an agreement with Taiwan`s First International Telecom Corp. (FITEL), a telecom service provider in Taipei and an affiliate of First International Computer Inc., a leading PC manufacturer in Taiwan.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Under the terms of the agreement, UTStarcom will provide FITEL with its PAS(TM) technology and equipment who will in turn offer voice, data and VAS (value added services), similar to Japan`s I-Mode product, to its customers in Taipei. This contract represents the largest project to date for UTStarcom in a market outside of Mainland China, where UTStarcom currently has the majority of its business.

C.Y. Wu, President of FITEL stated, ``The first phase of FITEL PHS will serve mainly the greater Taipei area, with an initial launch of over 20,000 subscribers. We have targeted the number of subscribers to increase to over 350,000 by the end of 2001 in the greater Taipei area.`` Wu added, ``We are especially pleased with our relationship with UTStarcom, and have found their industry leadership, technical expertise and management reliability to make for a strong partner in this groundbreaking endeavor.``

About PHS

PHS is a metropolitan personal wireless mobile voice and data access product, which offers the consumer the convenience of a mobile phone with the cost advantages of a fixed-line phone. In contrast to the highly competitive and more costly mobile market, PHS has the advantage of a 69 gram, 800 hour standby/6 hour talk-time battery handset, high-speed 64kpb/s data transmission, wireless email and Internet access in addition to regular voice service, all at a lower cost to the consumer. Additional value added services include: location identification, Internet content browsing and the ability to download MP3 music. FITEL is working with 27 different Internet Content Providers to provide more than 147 kinds of entertainment, music, news and shopping information.

In addition, with UTStarcom`s latest innovative technology, the e-PAS card, subscribers are now able to not only access the internet with their PHS handsets, but also to access FITEL`s service from notebooks or PDAs by simply plugging-in the card.

About UTStarcom, Inc.

UTStarcom designs, sells, manufactures and installs an integrated suite of wireless and wireline network access systems that allows communications service providers to offer efficient and scalable voice, data and internet access services. Current product offerings include: Airstar network access system, which allows service providers to offer voice and data services over fixed wireless (WLL) and city-wide wireless (PAS(TM)) mobile networks; AN-2000, a broadband-ready access system for wireline networks; OMUX, an optical multiplexing product which provides optical transmission; and WACOS, an IP-based switch designed to deliver multiple voice and data services using a highly distributed architecture. The Netman network management system, which is integrated with the network access products, provides for centralized management of the Airstar, AN-2000 and OMUX products. WACOS contains a full suite of subscriber management, mediation and billing services.

The Company`s customers are public telecommunications service providers that operate wireless and wireline networks in rapidly growing communications markets. To date the market focus has been primarily on China, where growth in the communications equipment markets has been driven by government commitment to infrastructure development, strong economic growth and pent-up consumer demand.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout China. The Company`s international sales group handles sales outside China. UTStarcom`s research and development facilities are located in the USA and China.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: Airstar, PAS, AN-2000, WACOS, Netman, and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

About FITEL

Founded in 1997, FITEL is a leading provider of telecommunications and data transmission services in Taiwan and Hong Kong, providing mobile paging, mobile data and wireless services. FITEL is a subsidiary of First International Computer CO., a leading PC manufacturer in Taiwan. FITEL was granted the PHS license in early 2000 and is the first and only PHS operator in Taiwan.

Forward-Looking Statements

The foregoing statements regarding the ability of the Company to successfully launch the first PAS(TM) Network in Taiwan and provide FITEL with PAS technology and equipment, the number of subscribers that the first phase of the FITEL PHS will serve in the Taipei area and the increase in the number of subscribers by the end of 2001 in the Taipei area are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include, rapidly changing technology, possible economic downturn in the United States, Asia and other regions of the world, the changing nature of Taiwan`s telecommunications market, changes or delays in product deployments and introductions, the termination of significant contracts, partnerships or alliances in Taiwan and uncertainties such as changes in government regulation and licensing requirements in Taiwan. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.


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SOURCE: UTStarcom, Inc.

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UTStarcom`s Chief Financial Officer to Speak at Credit Suisse First Boston Communications Technology 2001 Conference
ALAMEDA, Calif., May 11 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that Michael Sophie, UTStarcom`s Chief Financial Officer will speak at the Credit Suisse First Boston Communications Technology Conference. Sophie`s presentation is scheduled for 10:15 a.m. MT on Tuesday, May 15th at the Arizona Biltmore in Phoenix, Arizona.

(Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
In his speech, Sophie plans to review the Company`s overall strategy and reiterate the financial guidance given during UTStarcom`s first quarter 2001 earnings conference call on April 26, 2001.

Web Cast Information

A Web cast of the presentation will be available to the public until June 15th. For more information on how to view the Web cast and slide presentation, please visit the Investor Relations section of our Web site at http://www.utstarcom.com/ .

About UTStarcom, Inc.

UTStarcom designs, sells, manufactures and installs an integrated suite of wireless and wireline network access systems that allows communications service providers to offer efficient and scalable voice, data and internet access services. Current product offerings include: Airstar network access system, which allows service providers to offer voice and data services over fixed wireless (WLL) and city-wide wireless (PAS(TM)) mobile networks; AN-2000, a broadband-ready access system for wireline networks; OMUX, an optical multiplexing product which provides optical transmission; and WACOS, an IP-based switch designed to deliver multiple voice and data services using a highly distributed architecture. The Netman network management system, which is integrated with the network access products, provides for centralized management of the Airstar, AN-2000 and OMUX products. WACOS contains a full suite of subscriber management, mediation and billing services.

The Company`s customers are public telecommunications service providers that operate wireless and wireline networks in communications markets. To date the market focus has been primarily on China, where growth in the communications equipment markets has been driven by government commitment to infrastructure development, strong economic growth and pent-up consumer demand.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout China. The Company`s international sales group handles sales outside China. UTStarcom`s research and development facilities are located in the USA and China.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: Airstar, PAS, AN-2000, WACOS, Netman, and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.


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SOURCE: UTStarcom, Inc.

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Epoch Partners Issues Company Update on UTStarcom, Inc.
SAN FRANCISCO, May 14 /PRNewswire/ -- Epoch Partners today announced it has issued a Research Note on UTStarcom, Inc. (Nasdaq: UTSI - news). The Note is available for free to investors through the Epoch Web site (www.epoch.com).

The Research Note, issued by Seth Spalding, Senior Research Analyst for Communications Equipment Systems, discusses the current investment thesis of UTStarcom, Inc. Highlights from the report include the following:


-- UTStarcom recently announced its first metro networking contracts, with
a $5 million deal in China.
-- We consider metro networking to be a good strategic fit with the
PAS-based wireless access networks already installed in China that
supports more than 1 million subscribers.
-- UTS`s opportunity extends beyond its existing customers. With partners
Foundry and Zaffire, we believe the company has a very competitive
offering.
-- UTStarcom is attacking a nascent market in China that is about 12-18
months behind the U.S., and is getting in on the ground floor. Metro
networks could represent up to 10% of the company`s sales in 2001.

* Our full company coverage and note is available for free at
http://www.epoch.com


Communications Equipment Research Coverage

Investors can visit Epoch`s Web site to read research coverage on the following public companies: Avanex Corporation, Avici Systems, Bookham Technology plc, Ceragon Networks, CIENA Corporation, Cisco Systems, Corvis Corporation, Endwave Corporation, Finisar Corporation, Floware Wireless Systems, Foundry Networks, JDS Uniphase Corporation, Juniper Networks, Lucent Technologies, Netro Corporation, New Focus, Inc., Netro Corporation, Sycamore Networks, and UTStarcom, Inc.

In addition, investors can be added to the Communications Equipment email alert system, which alerts investors to new research in the Communications Equipment sector. To be added to this alert system visit http://pluto.sparklist.com/scripts/lyris.pl?join=epochcommeq .

Full research coverage on other companies under coverage by Epoch is available for free to investors through the Epoch Web site http://www.epoch.com .

Epoch Partners is a technology-enabled investment bank focused on high-growth companies and electronically connected institutional and individual investors.

The information contained herein is based on sources believed to be reliable but is neither all inclusive nor guaranteed by Epoch Partners. Opinions, if any, reflect our judgment at this time and are subject to change. Epoch Partners does not undertake to advise of changes in its opinion or the information. Epoch Partners may perform or seek to perform investment banking services for the issuers of securities which are the subject of our Research. Most of the companies Epoch Partners follows are emerging growth companies whose securities typically involve a higher degree of risk and more volatility than the securities of more established companies. The securities discussed in the Epoch Partners Research may be unsuitable for investors depending on their specific investment objectives and financial situation and needs. No report included in the Epoch Partners Research is a recommendation that any particular investor should purchase or sell any particular security in any amount or at all and is not a solicitation of any offer to purchase or sell from or to any particular investor. For additional information that may be available on the securities mentioned, please contact Epoch Partners. This document has been published in the United States for Residents of the United States. Member NASD/SIPC.

Epoch Partners is a member of the National Association of Securities Dealers, CRD number 103899.

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SOURCE: Epoch Partners

[panik]

UTStarcom Inc. Signs $14 Million in Expansion Contracts in the Zhejiang Province in China
ALAMEDA, Calif., May 15 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that it has signed approximately $14 million in follow-on contracts for the Company`s PAS(TM) systems in various cities in the Zhejiang Province of China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``Ever-expanding markets require fast-paced, reliable and cost effective telecommunications solutions,`` said Hong Lu, President and Chief Executive Officer of UTStarcom. ``With PAS(TM), service providers can quickly build out their wireless access network and services can be instantly deployed to meet specific operator and subscriber requirements. In addition, the system`s dynamic channel allocation feature enables easy network expansion as subscribers` voice and data demand grows.``

UTStarcom, Inc. is a leading provider of PAS(TM) limited mobility wireless local loop equipment in China. The PAS(TM) technology and equipment provides telephone service to consumers within a specific city or community, using small (less than 3 ounce), mobile (not cellular) handsets, with the signal traveling across low-cost, conventional fixed telephone lines.

About UTStarcom, Inc.

UTStarcom designs, sells, manufactures and installs an integrated suite of wireless and wireline network access systems that allows communications service providers to offer efficient and scalable voice, data and internet access services. Current product offerings include: Airstar network access system, which allows service providers to offer voice and data services over fixed wireless (WLL) and city-wide wireless (PAS(TM)) mobile networks; AN-2000, a broadband-ready access system for wireline networks; OMUX, an optical multiplexing product which provides optical transmission; and WACOS, an IP-based switch designed to deliver multiple voice and data services using a highly distributed architecture. The Netman network management system, which is integrated with the network access products, provides for centralized management of the Airstar, AN-2000 and OMUX products. WACOS contains a full suite of subscriber management, mediation and billing services.

The Company`s customers are public telecommunications service providers that operate wireless and wireline networks in rapidly growing communications markets. To date the market focus has been primarily on China, where growth in the communications equipment markets has been driven by government commitment to infrastructure development, strong economic growth and pent-up consumer demand.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout China. The Company`s international sales group handles sales outside China. UTStarcom`s research and development facilities are located in the USA and China.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: Airstar, PAS, AN-2000, WACOS, Netman, and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to expand its existing installations of the PAS(TM) systems in various cities in the Zhejiang Province of China, the expanding telecommunications market in China, increasing demand from subscribers for voice and data networks and capabilities, the Company`s estimate of backlog from the PAS(TM) contracts in the Zhejiang Province and the potential recognition of that backlog are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets both in the Unites States, China and worldwide, the termination of new contracts, partnerships or alliances in the Zhejinag Province, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.


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SOURCE: UTStarcom, Inc.

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UTStarcom Inc. Announces $26 Million in IP-Based PAS(TM) Contracts in Guangxi Province and Inner Mongolia Autonomous Region of China
ALAMEDA, Calif., May 23 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced contract wins totaling approximately $26 million for its innovative IP-based PAS(TM) in various cities in the Inner Mongolia Autonomous Region and Guangxi Province of China. This announcement marks the first ever contract win for UTStarcom in the Inner Mongolia Autonomous Region.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO)
``With the addition of these two key wins, widespread acceptance of our IP-based PAS(TM) solutions continues to gain momentum,`` said Ying Wu, Chief Executive Officer of UTStarcom`s China operations. ``And, like all UTStarcom solutions, IP-based PAS(TM) is future-ready; enabling service operators to migrate from legacy systems to next generation solutions, such as 3G, seamlessly while simultaneously reducing operating and investment costs and offering new revenue-generating services, such as e-mail and Internet access.``

About IP-based PAS

IP-based PAS(TM) is the latest innovation to UTStarcom`s PAS(TM) product, which enables local telephone operators to provide telephone service to consumers within a specific city or community, using small mobile (not cellular) handsets, with the signal traveling across low-cost, conventional fixed telephone lines. This new IP-telecom product is based on our revolutionary WACOS IP Platform and is designed to help local telephone service operators eventually migrate voice and data traffic from conventional circuit-switched (TDM) networks to IP-based 3G wireless broadband networks. The technology provides a convenient and efficient solution to migrating legacy wireline and wireless infrastructure to next generation all-IP networks. A multiple-edge access service can subsequently be converted to an IP-based broadband Metropolitan Area Network covering most urban areas through WACOS IP backbone interconnections, offering multi-protocol SoftSwitch capabilities. In the final phase of migration, next generation networks such as 3G W-CDMA and TD-SCDMA could be built upon the WACOS all-IP core network technology.

IP-based PAS(TM) was first introduced in a field trial in the city of Qingyuan in July 2000. In January 2001 UTStarcom began shipping this IP-based PAS(TM) product in the Zhejiang Province and recently announced its deployment in the Hainan Province in March 2001.

About UTStarcom, Inc.

UTStarcom designs, sells, manufactures and installs an integrated suite of wireless and wireline network access and switching systems that allow communications service providers to offer efficient and scalable voice, data and Internet access services. The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based SoftSwitch platform designed to deliver voice and
data services using a highly distributed architecture. WACOS contains a
SoftSwitch call server, a distributed multi-service IP gateway and a
full suite of subscriber management, mediation and billing services.


The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the ability of the Company to successfully install its IP-based PAS(TM) Network in the Inner Mongolia Autonomous Region and Guangxi Province of China, the Company`s expectations for future capabilities, revenue-generating services and releases and the eventual migration path of voice and data transmission are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include, rapidly changing technology, the changing nature of China`s telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, the termination of significant contracts, partnerships or alliances in the Inner Mongolia Autonomous Region and Guangxi Province and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[panik]

Hall, Kinion & Associates Announces Placement of Two R&D Directors For UTStarcom China
SAN FRANCISCO, June 1 /PRNewswire/ -- Hall, Kinion & Associates, Inc. (Nasdaq: HAKI - news), The Talent Source for the Internet Economy (R), announced today two director-level placements for UTStarcom, Inc. (Nasdaq: UTSI - news) in its China R&D centers in Hangzhou and Shenzhen.

``We are very pleased to help such a fast growing telecommunication company in their key market -- China,`` stated Brenda Rhodes, CEO of Hall Kinion. ``UTStarcom is a very successful player in the China telecommunication market. We are amazed by their growth during the last two years and we are glad to be part of it.`` UTStarcom hopes its PAS(TM) System, a personal wireless communication system, will soon blanket China`s vast geography with the capability of wireless voice and high-speed data communications. Personal mobile devices can connect anyone from nomadic herdsmen to businessmen in remote cities. PAS(TM) subscribers reached 1.3 million as of March 31, 2001.

``UTStarcom is very committed to its R&D efforts. Our current target is to spend between 9%-11% of our revenue on R&D and our R&D centers in China are growing tremendously. This technology focus gives UTStarcom a competitive advantage,`` stated Johnny Chou, Chief Operating Officer of China for UTStarcom, Inc. ``I am very happy that we are successfully bringing some key employees from Silicon Valley through the help of Hall Kinion. These employees will help contribute to our continued success,`` concluded Chou.

Recently, Hall Kinion also helped the leading China E-commerce technology firm 8848.net recruit some top managers from the United States. Like many of Hall Kinion`s placements in China, both UTStarcom director candidates were born in Greater China, educated in the US, and are currently senior managers with U.S.-based telecom firms. Firms focused on the China market, like UTStarcom and 8848.net seek U.S.-based talent to run their operations in China because there, they compete with global telecom and E-commerce giants, such as Cisco and E-bay. In addition, the local Chinese economy is not yet producing global-level senior managers. Hall Kinion`s office in the Asia Pacific region (TKO Personnel, Inc.) specializes in finding and recruiting such people.

``I believe our international business model works very well. With China entering the World Trade Organization this year, more and more hi-tech executives with U.S. working experience are needed for China-based companies to be successful on a global level. Hall Kinion believes it will be a talent source for these companies,`` concluded Rhodes.

About Hall Kinion

Hall Kinion, The Talent Source for the Internet Economy®, provides specialized technology professionals on a contract and permanent basis to Internet companies; software and hardware vendors; Fortune 1000 companies with strong intranet and extranet initiatives; and E-commerce/Web-design firms. The company specializes in filling cutting-edge technology positions at R&D departments of technology leaders and innovative start-ups. Hall Kinion currently operates 38 offices in 24 major technology centers in the United States, and abroad. Hall Kinion serves the Silicon Valleys of the world. For more information about Asia-Pacific recruitment, visit the website at www.asia.hallkinion.com.

The statements contained in this release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, including statements regarding Hall Kinion`s expectations, beliefs, hopes, intentions, models or strategies regarding the future. All forward-looking statements included in this release are based upon information available to Hall Kinion as of the date thereof, and Hall Kinion assumes no obligation to update any such forward-looking statement. Actual results could differ materially from Hall Kinion`s current expectations. Factors that could cause or contribute to such differences include, but are not limited to, the rate of hiring and productivity of sales and sales support personnel; the availability of qualified IT professionals; changes in the relative mix between contract services and permanent placement services; changes in the pricing of Hall Kinion`s services; the timing and rate of entrance into new geographic markets and the addition of offices; the structure and timing of acquisitions, changes in demand for IT professionals; changes in the economic outlook for the high technology industry and general economic factors. Please refer to the discussion of risk factors and other factors included in Hall Kinion`s Report on Form 10-K for the year ended December 31, 2000 and other filings made with the Securities & Exchange Commission.

Hall Kinion`s World Wide Web site is located at http://www.hallkinion.com.

For more information on Hall, Kinion & Associates, at no cost, please call 1-800-PRO-INFO (U.S.) or 732-544-2850 (int`l), ticker symbol HAKI.

About UTStarcom, Inc.

UTStarcom designs, sells, manufactures and installs an integrated suite of wireless and wireline network access and switching systems that allow communications service providers to offer efficient and scalable voice, data and Internet access services. The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
- AN-2000, a broadband and narrowband access system for wireline networks;
- WACOS, an IP-based SoftSwitch platform designed to deliver voice and
data services using a highly distributed architecture. WACOS contains a
SoftSwitch call server, a distributed multi-service IP gateway and a
full suite of subscriber management, mediation and billing services.


The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com .

PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

About 8848.net

Founded on May 18, 1999, 8848 is now the biggest e-commerce company in China. It owns the most versatile and powerful service support system currently in China. It provides a full set of e-commerce service and solutions to enterprise.

For more information about 8848.net, visit the company`s website at: http://www.8848.com/www/english/index.html

SOURCE: Hall, Kinion & Associates

[panik]

BusinessWeek Online
DAILY BRIEFING -- UTStarcom`s "Growth Makes Us All Very Nervous"


DAILY BRIEFING

Interviewed by BusinessWeek Online correspondent Alan Hughes

Telecommunications equipment manufacturer UTStarcom (NasdaqNM:UTSI), belongs to a small minority -- a profitable tech company whose stock is up for the year. The company`s stock began the year in the $40 range and now trades near $50. On Apr. 26, the company reported first-quarter earnings of $9.36 million, or 10 cents per share, as net sales increased 103% to $119.2 million.
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The Alameda (Calif.)-based telecommunications company manufactures an integrated suite of wireless, wireline, and broadband access equipment for network providers in Asia. The company`s systems are based on key international communications standards, which enabled service providers to easily integrate UTStarcom`s systems into existing networks.

Until recently, some 99% of UTStarcom`s revenues came from mainland China. The company is hoping to branch out and gain 10% of total revenues from outside of China. BusinessWeek Online correspondent Alan Hughes caught up with Hong Lu, president and CEO of UTStarcom, to discuss the present and future of his company. Edited excerpts of their telephone conversation follow.

Q: You compete with big names like Lucent, Motorola, Nokia, and others. What strategies are you using?

A: We try to avoid the highly competitive markets [product-wise]. And historically, our company is always building something where we`re the first company in the market.

Q: High inventory levels for tech companies is old news here. Is that happening in China?

A: It`s not as widespread as in the U.S. China is slightly different.... There are certain market segments [that] are slower-moving but others are in high demand. In our market, we see very positive [trends] so we try to keep an eye on the inventory, but it`s moving quite well.

Q: How big is the telecom market in China?

A: The [capital expenditure for expanding their telecom infrastructure] in China is $31 billion this year, vs. last year`s $25 billion. So there`s healthy growth.

Q: Looking over your balance sheet, I see that just about all your revenues have been to service providers in China. Why?

A: There`s an interesting story behind that. I was in China making a phone call from Beijing to Shenzhen, [which] is right next to Hong Kong. Literally, I have to dial 100 times to get one phone call through. It means there was a huge demand but the infrastructure was behind. So that`s the reason we decided to get into China.

Also, in China, one province could be equivalent to an entire country. Shandong province has a larger market than the entire country of India. Several other provinces [each] are bigger than Thailand, the Philippines, and Vietnam put together. So we decided it was much more economical for us to focus on China than all over the rest of the geographic area. And they also like to try new technology.

Q: Isn`t government regulation very stringent there?

A: Yes, compared to mature markets such as the U.S.

Q: Has that been a large impediment to growth?

A: Back in 1995, we had $10 million in revenues. Last year, we had $369 million. And this year, we`re growing at a relatively good speed, and we`ve told the market that we`ll be able to do about $515 million this year. So even with those kinds of regulatory issues, we still see the market growing quite well.

Q: Has the spy-plane incident between the U.S .and China hindered business?

A: Not from our point of view. But it did cause a lot of concern from some of our investors in the early stage.

Q: I understand just about all of your revenues come from contracts in China. Do you plan to diversify?

A: Until last year, 99% of revenues came from China, but we have a target of 10% of revenues from outside mainland China this year, including India.

Q: What major challenges lie ahead?

A: There are quite a few things that have me worried. Particularly the speed that we`re growing.... Just assuming we do $515 million this year, we`ve grown 55 times since 1995. That kind of growth makes us all very nervous. If we need to grow at that kind of pace, we need a solid team.

Q: How are the company`s cash levels?

A: [In the first quarter] we had $208 million in cash and short-term equivalents. So the cash position is very solid. We raised, net, about $190 million last year on the IPO, so you see we haven`t touched the IPO proceeds.

Q: What are your plans for all that cash?

A: One is to fund our growth, and one is for strategic purposes. We`re growing very rapidly and with a company growing that fast you`re going to put strains on your working capital. But we also want to preserve a large amount of cash for strategic purposes, and we want to keep our eyes open for ways to expand our market channels as well as technology and products.

Q: Have you issued guidance on this quarter?

A: We said the top line should between $128 million and $132 million, and bottom line we said 13 to 14 cents earnings per share.


Go to www.businessweek.com to see all of our latest stories.

[panik]

UTStarcom Inc. PAS(TM) Subscribers Top 1.5 Million in Mainland China
Looks to Continue Success Through the Addition of Value Added Services And Migration to 3G
ALAMEDA, Calif., June 7 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that the number of subscribers using its PAS(TM) city-wide wireless access systems in Mainland China has increased to approximately 1.5 million as of May 31, 2001.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Since its initial launch in the beginning of 1999, the PAS(TM) system has gone from being deployed in just one city with approximately 4,000 subscribers, to being widely adopted throughout Mainland China. Initially focusing on the economically developed and populous coastal provinces, UTStarcom has since expanded its PAS presence to over 144 cities in 18 Provinces, including some of the less developed western provinces.

``We continue to be encouraged by the enormous success of our PAS(TM) product throughout Mainland China,`` said Hong Lu, President and CEO of UTStarcom Inc. ``We expect to further capitalize on that success with the addition of multiple value added services, such as high-speed 64kpb/s data transmission, wireless email and Internet access, similar to those services we recently launched in Taiwan in conjunction with FITEL.`` Lu added, ``Finally, with the addition of our IP-based PAS(TM) product, UTStarcom demonstrates that it is dedicated to providing its service operators with future-ready technology today.``

IP-based PAS(TM) is the latest innovation to UTStarcom`s PAS(TM) product, which is based on our revolutionary WACOS IP Platform and is designed to help local telephone service operators eventually migrate voice and data traffic from conventional circuit-switched (TDM) networks to IP-based 3G wireless broadband networks

About PAS(TM)

PAS(TM) is a personal wireless access system, which offers the consumer the convenience of a mobile phone with the cost advantages of a fixed-line phone. In contrast to the highly competitive and more costly mobile market, PAS(TM) has the advantage of a 69 gram, 800 hour standby/6 hour talk-time battery handset, with the additional potential for high-speed 64kpb/s data transmission, wireless email and Internet access, all at a lower cost to the consumer. UTStarcom`s PAS(TM) provides city-wide mobile phone service for communities of up to several hundred thousand subscribers at traffic densities of upwards of 15,000 subscribers per square kilometer. Telephone service providers appreciate the PAS(TM) system for its cost and efficiency as it is integrated into the existing wireline network and does not require any modifications to the central office switch or incremental mobile switching hardware adaptations.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based SoftSwitch platform designed to deliver voice and
data services using a highly distributed architecture. WACOS contains
a SoftSwitch call server, a distributed multi-service IP gateway and a
full suite of subscriber management, mediation and billing services.


The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the adoption of the PAS system throughout Mainland China, the Company`s ability to capitalize on their present success with the addition of multiple value added services, the capabilities of the IP-based PAS system and the ability of the IP-based PAS system to help local telephone service operators migrate voice and data from circuit-switched networks to IP-based 3G wireless broadband networks are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include, rapidly changing technology, the downturn in telecommunications markets worldwide, the changing nature of China`s telecommunications market, the direction and success of future research and development efforts, particularly with the PAS system, evolving product and application standards, changes or delays in product deployments and introductions, the termination of significant contracts, partnerships or alliances in China and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[panik]

UTStarcom, Inc. Displays Cutting Edge Access Network and IP-Based Switching Solutions at CommunicAsia Tradeshow in Singapore and on New Website
ALAMEDA, Calif., June 7 /PRNewswire/ -- UTStarcom, Inc., a leading provider of wireless, wireline, broadband access, and next-generation switching equipment, today announced their participation at CommunicAsia, June 19-22, 2001 and the launch of their new Web site.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
CommunicAsia represents ``the total Communications and IT event`` aimed at the international telecommunications and IT marketplace. Located in Singapore, CommunicAsia will draw executives from around the world; many from key UTStarcom markets.

``As UTStarcom expands its presence in international markets, it is imperative that we participate in high-profile events such as CommunicAsia,`` says Paul Berkowitz, Vice President of International Sales and Marketing. ``UTStarcom`s network solutions are future-ready products that solve problems for service providers today and equip them for the challenges of tomorrow. CommunicAsia gives us the opportunity to show exactly how we accomplish that.``

The launch of the new Web site was strategically planned to support the company`s efforts at CommunicAsia.

``UTStarcom has a wealth of information that customers and investors ask for on a regular basis,`` continued Berkowitz. ``In an age when timing is critical, this new website is designed to fulfill most of those requests instantaneously and allows us to better serve the needs of those individuals.``

To visit UTStarcom at CommunicAsia in Singapore, come to booth 3L1-01 in Hall 3. To view the new UTStarcom website, simply point your browser to: http://www.utstar.com .

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based SoftSwitch platform designed to deliver voice and
data services using a highly distributed architecture. WACOS contains a
SoftSwitch call server, a distributed multi-service IP gateway and a
full suite of subscriber management, mediation and billing services.


The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the ability of the Company`s network solutions to equip service providers for the challenges of tomorrow and the ability of the Company`s website to fulfill most requests instantaneously are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include, rapidly changing technology, the downturn in telecommunications markets worldwide, the changing nature of the telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, the termination of significant contracts, partnerships or alliances and uncertainties such as changes in government regulation. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[panik]

UTStarcom`s Chief Executive Officer and Chief Financial Officer to Speak At CIBC World Markets` Annual Investor Conference
ALAMEDA, Calif., June 11 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that Hong Lu, UTStarcom`s Chief Executive Officer and Mike Sophie, Chief Financial Officer will present at the CIBC World Markets` Annual Investor Conference. UTStarcom`s presentation is scheduled for 9:40 a.m. EDT on Tuesday, June 12th at the Plaza Hotel, New York City.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Web Cast Information

A Web cast of the presentation will be available to the public until July 12th. For more information on how to view the Web cast and slide presentation, please visit the Investor Relations section of our Web site at http://www.utstarcom.com/ .

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based SoftSwitch platform designed to deliver voice and
data services using a highly distributed architecture. WACOS contains a
SoftSwitch call server, a distributed multi-service IP gateway and a
full suite of subscriber management, mediation and billing services.


The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

SOURCE: UTStarcom, Inc.

[panik]

UTStarcom Inc. Announces $10 Million in PAS(TM) Contracts in Yunnan And Xinjiang Provinces of China
ALAMEDA, Calif., June 18 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced contract wins totaling approximately $10 million for its PAS(TM) system in various cities in the Yunnan and Xinjiang Provinces of China. This contract is the first for UTStarcom in the Xinjiang Province.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
These new contracts represent the continued expansion of the PAS(TM) presence throughout Mainland China. In conjunction with China`s ``Develop the West`` campaign, UTStarcom is bringing future-ready communications technology to China`s less affluent and less developed western provinces in an effort to create a telecommunications infrastructure that can compete with that of the more developed coastal provinces.

``Our PAS system is ideal for these newly developing provinces as it is able to transform existing copper networks into high-capacity wireless networks capable of providing both voice and data services within a city or community, said Hong Lu, UTStarcom`s President and Chief Executive Officer. ``PAS is the perfect solution for quickly and economically deploying wireless services in urban or suburban areas where minimum or no cable infrastructures exist.``

About PAS(TM)

PAS(TM) is a personal wireless access system, which offers the consumer the convenience of a mobile phone with the cost advantages of a fixed-line phone. In contrast to the highly competitive and more costly mobile market, PAS(TM) has the advantage of a 69 gram, 800 hour standby/6 hour talk-time battery handset, with the additional potential for high-speed 64kpb/s data transmission, wireless email and Internet access, all at a lower cost to the consumer. UTStarcom`s PAS(TM) provides city-wide mobile phone service for communities of up to several hundred thousand subscribers at traffic densities of upwards of 15,000 subscribers per square kilometer. Telephone service providers appreciate the PAS(TM) system for its cost and efficiency as it is integrated into the existing wireline network and does not require any modifications to the central office switch or incremental mobile switching hardware adaptations.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based SoftSwitch platform designed to deliver voice and
data services using a highly distributed architecture. WACOS contains a
SoftSwitch call server, a distributed multi-service IP gateway and a
full suite of subscriber management, mediation and billing services.


The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the ability of the Company to successfully install its PAS(TM) Network in Yunnan and Xinjiang Provinces of China, the Company`s estimate of the amount of backlog from the PAS(TM) Contracts in the Yunnan and Xinjiang Provinces, the continued expansion of the PAS(TM) presence throughout China, particularly in its less developed western provinces, and the Company`s expectations for future capabilities of voice and data transmission are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include, rapidly changing technology, the changing nature of China`s telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the installation and deployment of the PAS(TM) Networks in the Yunnan and Xinjiang Provinces, the termination of significant contracts, partnerships or alliances in the Yunnan and Xinjiang Provinces, non-recognition of backlog and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[51boyauswedding]

RAUF MIT MEINER TIGERKRALLE!!

UTSI!!!!!!!

[panik]

UTStarcom`s Guangzhou Sales Office Signs $15.6 Million in Expansion Contracts For its PAS(TM) Services in China
ALAMEDA, Calif., June 21 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced follow-on contracts for its Guangzhou sales office totaling approximately $15.6 million to expand existing installations of its PAS(TM) city-wide wireless access system in various coastal provinces of China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``As China continues to build its telecom infrastructure, UTStarcom is playing an important role in providing leading edge technology for this build-out as evidenced by the ongoing expansion of its PAS(TM) contracts,`` said Johnny Chou, Executive Vice President and Chief Operating Officer of UTStarcom China. ``These expansion contracts underscore the strength of our relationship with our partners, the local telecom firms who, through our product offerings, are able to provide future ready, quality services to consumers at prices they can afford.``

About PAS)(TM)

PAS(TM) is a personal wireless access system, which offers the consumer the convenience of a mobile phone with the cost advantages of a fixed-line phone. In contrast to the highly competitive and more costly mobile market, PAS(TM) has the advantage of a 69 gram, 800 hour standby/6 hour talk-time battery handset, with the additional potential for high-speed 64kpb/s data transmission, wireless email and Internet access, all at a lower cost to the consumer. UTStarcom`s PAS(TM) provides city-wide mobile phone service for communities of up to several hundred thousand subscribers at traffic densities of upwards of 15,000 subscribers per square kilometer. Telephone service providers appreciate the PAS(TM) system for its cost and efficiency as it is integrated into the existing wireline network and does not require any modifications to the central office switch or incremental mobile switching hardware adaptations.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:

PAS(TM), which provides voice and data services over city-wide mobile wireless networks;
AN-2000, a broadband and narrowband access system for wireline networks;
WACOS, an IP-based SoftSwitch platform designed to deliver voice and data services using a highly distributed architecture. WACOS contains a SoftSwitch call server, a distributed multi-service IP gateway and a full suite of subscriber management, mediation and billing services.
The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding China`s continued efforts to build its telecom infrastructure, the ability of the Company to successfully expand its PAS(TM) installations in various western provinces of China, the Company`s estimate of the amount of backlog from the PAS(TM) Contracts in the those provinces, the continued expansion of the PAS(TM) presence throughout China, and the Company`s expectations for future capabilities of voice and data transmission are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include, rapidly changing technology, the changing nature of China`s telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the installation and deployment of the PAS(TM) Networks in the various coastal Provinces, the termination of significant contracts, partnerships or alliances in those Provinces, non-recognition of backlog and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[panik]

UTStarcom Inc. Announces $12.7 Million in New Contracts for Its PAS(TM) And IP-Based PAS(TM) Services in the Jiangsu Province in China
ALAMEDA, Calif., June 27 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced contract wins totaling approximately $12.7 million for its PAS(TM) and IP-based PAS(TM) city-wide wireless access system in four new cities in the Jiangsu province of China. The Jinagsu province is one of the most affluent coastal provinces in mainland China and has the second largest telecom market after the Guangdong Province.

{Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )

``We continue to capitalize on China`s large population, low teledensity and strong demand for communications services,`` said Hong Lu, President and Chief Executive Officer of UTStarcom Inc. ``These new contracts are representative of this strong demand and China`s confidence in UTStarcom`s commitment to building their communications infrastructure with leading-edge technology and services for its people.

About PAS(TM)

PAS(TM) is a personal wireless access system, which offers the consumer the convenience of a mobile phone with the cost advantages of a fixed-line phone. In contrast to the highly competitive and more costly mobile market, PAS(TM) has the advantage of a 69 gram, 800 hour standby/6 hour talk-time battery handset, with the additional potential for high-speed 64kpb/s data transmission, wireless email and Internet access, all at a lower cost to the consumer. UTStarcom`s PAS(TM) provides city-wide mobile phone service for communities of up to several hundred thousand subscribers at traffic densities of upwards of 15,000 subscribers per square kilometer. The PAS(TM) system is designed to be integrated into the existing wireline network and does not require any modifications to the central office switch or incremental mobile switching hardware adaptations, enabling telephone service providers to efficiently and cost-effectively deploy wireless services for their customers.

About IP-based PAS

IP-based PAS(TM) is the latest innovation to UTStarcom`s PAS(TM) product, which enables local telephone operators to provide telephone service to consumers within a specific city or community, using small mobile (not cellular) handsets, with the signal traveling across low-cost, conventional fixed telephone lines.

This new IP-telecom product is based on UTStarcom`s WACOS IP Platform and is designed to help local telephone service operators eventually migrate voice and data traffic from conventional circuit-switched (TDM) networks to IP-based 3G wireless broadband networks. The technology provides a convenient and efficient solution to migrating legacy wireline and wireless infrastructure to next generation all-IP networks. A multiple-edge access service can subsequently be converted to an IP-based broadband Metropolitan Area Network covering most urban areas through WACOS IP backbone interconnections, offering multi-protocol SoftSwitch capabilities. WACOS is also designed to enable next generation networks such as 3G W-CDMA and TD-SCDMA to be built upon the WACOS all-IP core network technology.

IP-based PAS(TM) was first introduced in a field trial in the city of Qingyuan in July 2000. In January 2001 UTStarcom began shipping this IP-based PAS(TM) product in the Zhejiang Province and recently announced its deployment in the Hainan Province in March 2001 and the Inner Mongolia Autonomous Region and Guangxi Province in May 2001.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. UTStarcom`s products enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a migration path from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:

PAS(TM), which provides voice and data services over city-wide mobile wireless networks;
AN-2000, a broadband and narrowband access system for wireline networks;
WACOS, an IP-based SoftSwitch platform designed to deliver voice and data services using a highly distributed architecture. WACOS contains a SoftSwitch call server, a distributed multi-service IP gateway and a full suite of subscriber management, mediation and billing services.
The company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding China`s commitment to build its telecom infrastructure, the ability of the company to successfully deploy its PAS(TM) and IP-based PAS(TM) installations in the Jiangsu province of China, the Company`s estimate of the amount of backlog from the PAS(TM) and IP-based PAS(TM) contracts in the that province and the company`s expectations for future capabilities of voice and data transmission are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include, rapidly changing technology, the changing nature of China`s telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the installation and deployment of the PAS(TM) and IP-based PAS(TM) networks in the Jiangsu province, the termination of significant contracts, partnerships or alliances in the Jiangsu province, non-recognition of backlog and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[panik]

UTStarcom Inc. Continues to Expand Presence in the Zhejiang Province of China With $18.7M New Contract Win for Its PAS(TM) Services
ALAMEDA, Calif., July 9 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced a new city contract win totaling approximately $18.7 million for its PAS(TM) city-wide wireless access system in the Zhejiang province of China. Upon deployment, these PAS(TM) services will cover an area of about 118.5 square kilometers in one city and seven of its satellite towns.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
About PAS(TM)

PAS(TM) is a personal wireless access system, which offers the consumer the convenience of a mobile phone with the cost advantages of a fixed-line phone. In contrast to the highly competitive and more costly mobile market, PAS(TM) has the advantage of a 69 gram, 800 hour standby/6 hour talk-time battery handset, with the additional potential for high-speed 64kpb/s data transmission, wireless email and Internet access, all at a lower cost to the consumer. UTStarcom`s PAS(TM) provides city-wide mobile phone service for communities of up to several hundred thousand subscribers at traffic densities of upwards of 15,000 subscribers per square kilometer. The PAS(TM) system is designed to be integrated into the existing wireline network and does not require any modifications to the central office switch or incremental mobile switching hardware adaptations, enabling telephone service providers to efficiently and cost-effectively deploy wireless services for their customers.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. UTStarcom`s products enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a migration path from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based SoftSwitch platform designed to deliver voice and
data services using a highly distributed architecture. WACOS contains
a SoftSwitch call server, a distributed multi-service IP gateway and a
full suite of subscriber management, mediation and billing services.


The company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the company`s website at www.utstar.com.

PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding China`s commitment to build its telecom infrastructure, the ability of the company to successfully deploy its PAS(TM) installations in the Zhejiang province of China, the Company`s estimate of the amount of backlog from the PAS(TM) contracts in the that province and the company`s expectations for future capabilities of voice and data transmission are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include, rapidly changing technology, the changing nature of China`s telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the installation and deployment of the PAS(TM) networks in the Zhejiang province, the termination of significant contracts, partnerships or alliances in the Zhejiang province, non-recognition of backlog and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

For further information please contact Michael J. Sophie, Vice President of Finance, CFO, 510-749-1510, or Chesha Kamieniecki, Investor Relations Manager, 510-749-1560, both of UTStarcom, Inc.

SOURCE: UTStarcom, Inc.

[panik]

UTStarcom Inc. Announces $21.8M in Expansion Contracts for its PAS(TM) Services in the Fuijan Province of China
ALAMEDA, Calif., July 10 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced a follow-on contract totaling approximately $21.8 million for the expansion of its PAS(TM) city-wide wireless access system in one city in the Fuijan province of China.

(Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
This installation, which was the first city in the Fuijan Province to deploy UTStarcom`s PAS(TM) services, launched its initial PAS(TM) services in June of 2000. At the completion of this current expansion implementation the PAS(TM) system will provide service for this city as well as nine other satellite cities and towns.

About PAS(TM)

PAS(TM) is a personal wireless access system, which offers the consumer the convenience of a mobile phone with the cost advantages of a fixed-line phone. In contrast to the highly competitive and more costly mobile market, PASTM has the advantage of a 69 gram, 800 hour standby/6 hour talk-time battery handset, with the additional potential for high-speed 64kpb/s data transmission, wireless email and Internet access, all at a lower cost to the consumer. UTStarcom`s PAS(TM) provides city-wide mobile phone service for communities of up to several hundred thousand subscribers at traffic densities of upwards of 15,000 subscribers per square kilometer. The PAS(TM) system is designed to be integrated into the existing wireline network and does not require any modifications to the central office switch or incremental mobile switching hardware adaptations, enabling telephone service providers to efficiently and cost-effectively deploy wireless services for their customers.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. UTStarcom`s products enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a migration path from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based SoftSwitch platform designed to deliver voice and
data services using a highly distributed architecture. WACOS contains a
SoftSwitch call server, a distributed multi-service IP gateway and a
full suite of subscriber management, mediation and billing services.


The company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to expand its existing installations of the PAS(TM) systems in the Fuijan Province of China, the expanding telecommunications market in China, the Company`s estimate of the amount of backlog from the PAS(TM) contracts in the that province and the company`s expectations for future capabilities of voice and data transmission are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include, rapidly changing technology, the changing nature of China`s telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the installation and deployment of the PAS(TM) networks in the Fuijan province, the termination of significant contracts, partnerships or alliances in the Fuijan province, non-recognition of backlog and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[panik]

Revenue estimates raised by CSFB


CSFB issued a very positive report today. Here are some excerpts:
. We expect UTSI to announce results ahead of our estimate of $131MM in revenues and $0.14 in EPS. This will mark the sixth consecutive quarter of upside surprise since the company has gone public.
. Demand remains strong for the company`s wireless PAS system as evidenced by the significant contract announcements this quarter. We believe the book-to-bill ratio will be above 1.0, bringing backlog at quarter end well above $200MM. UTSI continues to have the best visibility in our coverage universe.
. Based on the strong orders, we expect to raise our revenue estimates of $550MM in 2001 and $730MM in 2002. We also expect upward revisions to our earnings estimates of $0.65 in 2001 and $0.88 in 2002, although the company`s planned secondary offering could dilute EPS by a few cents.

----------
CSFB re-iterate the STRONG BUY rating. I am looking forward to another quarter results that beat analysts` estimates.
The company announced another $18.7MM new contract yesterday and its businesses are expanding!!

[dergeneral]

HAllo Leute!
Scheint so, als ob UTSARCOM jede Woche ein neuen Millionenauftrag erhält.
Die letzten Meldungen mal in Deutsch !!
Wie werden die Zahlen ausfallen am 12 Juli !?
Hoffe das die Zahlen sich positiv auf den Kurs auswirken.
Utstarcom hat sich im vergleich zu anderen Werten Super gehlaten oder ?? Was meint ihr ?? Wo seht ihr den Wert in 6-12 Monaten ! Diskutiert mit mir !!


QUELLE: UTStarcom, Inc..
UTStarcom Inc. fährt fort, Anwesenheit in der Provinz Zhejiang von China mit neuem Gewinn Vertrag $18.7m für seine PAS(TM)-Dienstleistungen zu erweitern
Alameda, Calif., Juli 9 / PRNewswire / -- UTStarcom Inc., (Nasdaq: UTSI - Nachrichten ), ein führender Versorger des Radioapparates, Funkleitung und Breitbandzugriff Ausrüstung, einen neuen Stadtvertrag Gewinntotaling heute verkündet ungefähr $18,7 Million für sein Stadt-breites drahtloses System Zugriff PAS(TM) in der Provinz Zhejiang von China. Nach Entwicklung umfassen diese PAS(TM)-Dienstleistungen einen Bereich von ungefähr 118,5 quadratischen Kilometern in einer Stadt und von sieben seiner Satellitenstädte.

(Foto: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Über Pas(tm)

PAS(TM) ist ein persönliches drahtloses Zugriff System, das dem Verbraucher die Bequemlichkeit eines beweglichen Telefons mit den Kostenvorteilen eines örtlich festgelegt-Zeile Telefons anbietet. Im Gegensatz zu dem in hohem Grade konkurrierenden und teureren beweglichen Markt hat PAS(TM) den Vorteil eines 69 Gramms, 800 Sprechenzeit-Batteriehörer Stunde der Stunde standby/6, mit dem zusätzlichen Potential für hohe Datenübertragung der Geschwindigkeit 64kpb/s, drahtloses email und Internet-Zugriff, alle an niedrigeren Kosten zum Verbraucher. UTStarcom`s PAS(TM) stellt Stadt-breiten Funksprechdienst für Gemeinschaften von bis zu mehrerees hundert tausend Teilnehmern an den Verkehr Dichten von aufwärts von 15.000 Teilnehmern pro quadratischen Kilometer zur Verfügung. Das PAS(TM)-System wird entworfen, in das vorhandene Funkleitungnetz integriert zu werden und keine Änderungen am Hauptbüroschalter oder beweglichen an den Schaltung Hardwareinkrementalanpassungen benötigt und aktiviert Fernsprechdienstversorger zu drahtlose Dienstleistungen leistungsfähig und kosteneffektiv zu entfalten für ihre Kunden.

Über UTStarcom Inc..

UTStarcom entwirft, stellt her, verkauft und installiert einen integrierten Suite des Zukunft-betriebsbereiten Anschaltnetzes und der zukünftigen Schaltung Lösungen. UTStarcom`s-Produkte aktivieren Radioapparat- und Funkleitungbediener in den Schnellwachstummärkten weltweit, Stimme, Daten und Internet-Zugriff schnell und kosteneffektiv anzubieten Dienstleistungen, indem sie vorhandene Infrastruktur verwenden.

UTStarcom`s-Produkte stellen einen Migration Pfad von Funkleitung zu Radioapparat, vom Narrowband zu Breitband und vom Stromkreis zu Paket-packet-based Netzen zur Verfügung, indem sie ``Next-Erzeugung Netztechnik einsetzen. Jetzt. ` `,

Die Kunden der Firma sind allgemeine Fernübertragungsdienstversorger, die Radioapparat- und Funkleitungstimme und Datennetze in schnell wachsenden Kommunikationen Märkten um die Welt laufen lassen. Aktuelle Produktzubringer umfassen:

[dergeneral]

Pressekommuniqué
QUELLE: UTStarcom, Inc..
UTStarcom Inc. verkündet $21.8m in den Expansion Verträgen für seine PAS(TM)-Services in der Provinz Fuijan von China
Alameda, Calif., Juli 10 / PRNewswire / -- UTStarcom Inc., (Nasdaq: UTSI - Nachrichten ), ein führender Versorger des Radioapparates, Funkleitung und Breitbandzugriff Ausrüstung, einen Folge Vertrag Totaling heute verkündet ungefähr $21,8 Million für die Expansion seines Stadt-breiten drahtlosen Systems Zugriff PAS(TM) in einer Stadt in der Provinz Fuijan von China.

(Foto: NewsCom: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Diese Anlage, die die erste Stadt in der Provinz Fuijan zum Entfalten von Dienstleistungen UTStarcom`s PAS(TM) war, stieß seine Ausgangs-cPas(tm)-Services im Juni von 2000 aus. An der Beendigung dieser aktuellen Expansion Implementierung stellt das PAS(TM)-System Service für diese Stadt sowie neun andere Satellitenstädte und Städte zur Verfügung.

[dergeneral]

Ich bin es nochmal !!

Bin auf Utstarcom durch den Aktionär aufmerksam geworden. Bin sozusagen von Anfang an in diesem Wert investiert.
Noch jemand von euch ??

Der Aktionär könnte ruhig mal wieder von diesem Wert berichten oder was meint ihr ! Man kann ja bei diesem Wert nicht viel Falsch machen. Einer der wenigen Werte die jedes Quartal sein Ergebnis steigert, wo gibt es sowas heute noch ??

Wer schreibt mit einen Brief an den Aktionär, damit er wieder in derZeitschrift erwähnt und vielleicht auch in die Liste aufgenommen wird !?!

Meldet euch !!!
DER General !

[scarface6]

GENERAL


DIE ZAHLEN WERDEN GEIL SEIN

ALLEINE IM JUNI AUFTRÄGE IM WERT VON 78,8 MILLIONEN$$$$


NACHBÖRSLICH IST UTSI BEI 24$!!!!!!!


MORGEN STARTET DIE RACKETE!


AL PACINO

[dergeneral]

Hallo Scarface6 !

Bist du neu in UTSTARCOM ?? hHabe dich noch nicht hier gesehen. Wie lange hast du den Wert schon ??

Wo siehst du den Wert in 6-12 Monaten ??

[scarface6]

GENERAL!


BIN SEIT 1 WOCHE IN UTSI

UND HEUTE WIRDS ABGEHEN,DIE ZAHEN WERDEN SUPER SEIN!
ANSCHNALLEN!!!!!!!


AL PACINO

[scarface6]

UTSI GEHT AB!!!!!!!!

BEI HOHEM VOLUMEN!!!!!!



STRONG BUY!


DIESE WOCHE NOCH 30$!!

AL PACINO

[panik]

UTStarcom

Network and next-generation switching solutions company UTStarcom (UTSI: news, msgs, alerts) posted second-quarter earnings of $15.3 million, or 15 cents a share, beating the year-ago total of $8.2 million, or 8 cents a share. Analysts polled by First Call anticipated a profit of 14 cents a share.

Revenue totaled $140 million, up 85 percent compared with the year-ago total of $75.7 million.

The company attributed the quarter`s performance to continued demand for its products.

Shares closed up $2.43 to $24.99 ahead of the news and rose 46 cents to $25.45 after hours.

[scarface6]

Das Netzwerkunternehmen UTStarcom berichtete nach Börsenschluß, daß man den Gewinn im zweiten Quartal im Vorjahresvergleich von 8,2 Mio $ auf 15,3 Mio $ steigern konnte, was 15 Cents/Aktie in diesem Quartal entspricht.
Analysten hatten nur mit einem Gewinn von 14 Cents/Aktie gerechnet.
Auch der Umsatz konnte um 85% auf 140 Mio $ zulegen. Die Nachfrage nach den Produkten sei sehr stark, begründete man die guten Zahlen.




WIE GESAGT TOP ZAHLEN!!!!!!!


STRONG BUY!

[panik]

UTStarcom Inc. Reiterated `Strong Buy` at CSFB
By Michael O. Donohue

Princeton, New Jersey, July 13 (Bloomberg Data) -- UTStarcom Inc. (UTSI US) was reiterated ``strong buy`` by analyst Timothy P Long at Credit Suisse First Boston. The price target is $36.00 per share.

[dergeneral]

Naja dachte der Kurs geht mehr ab!

Kursziel 36 $ finde ich aber auch irgendwie lächerlich!
Dachte die Aktionäre haben gelernt und kaufen nur noch Unternehmen, die Gewinne einfahren , bei UTstarcom ist von einer Gewinnwarnung weit und breit nichts zuhören, aber leider auch nichts von dem Wet selbst.

Es müsste mal wieder ein Artikel im Aktionär stehen !

Im gegenteil, jemehr Aufträge sie erhalten desto mehr folgeaufträge entstehen. Und China ist groß ;-)!!!!!

Desweiteren wollen UTSRACOM auch außerhalb Chinas Fuß fassen.

Wo bekommt ihr Informationen über UTSTARCOM her ??

[scarface6]

GENERAL

WAS HAST DU BLOß MIT DEM SCHEIß AKTIONÄR?????

UMSO BESSER DAS ES NICHT IM AKTIONÄR IST!

UTSI WIRD NÄCHSTE WOCHE ABGEHEN WIE EINE SAU

100%!

DAZU NOCH DIE VERGABE VON DEN OLYMPISCHEN SPIELEN AN CHINA!

TOP ZAHLEN VON UTSI!

MACHT GLEICH= EXPLOSION!!!!!

IMMER SCHÖN LOCKER BLEIBEN GENERAL


AL PACINO

[panik]

UTStarcom, Inc. Prices Follow-On Offering
ALAMEDA, Calif., July 19 /PRNewswire/ -- UTStarcom, Inc. (Nadsaq: UTSI) today announced the pricing of the follow-on offering of 6,050,000 shares of common stock by UTStarcom and 2,950,000 shares of common stock for resale by selling stockholders at a price of $20.00 per share, before underwriting discounts and commissions. The underwriters have an option to purchase an additional 1,350,000 shares from UTStarcom to cover over-allotments.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
The offering is being lead managed by Merrill Lynch & Co., and Salomon Smith Barney, Banc of America Securities LLC, HSBC Securities (USA) Inc. and U.S. Bancorp Piper Jaffray Inc. are serving as co-managers. A copy of the final prospectus relating to this offering may be obtained from Merrill Lynch & Co., World Financial Center, 250 Vesey Street, New York, New York 10281, Attn: Prospectus Department, 212-449-1000.

UTStarcom provides communications equipment for service providers that operate wireless and wireline networks in rapidly growing communications markets. To date, substantially all of UTStarcom`s sales have been to service providers in China.

A registration statement relating to these securities was filed and declared effective by the Securities and Exchange Commission. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sales of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

NOTE: UTStarcom and the UTStarcom Logo are registered trademarks of UTStarcom, Inc.

SOURCE: UTStarcom, Inc.

[panik]

UTStarcom Inc. Extends its Presence in China With $36.8 Million in New Contract Wins in the Shanxi and Zhejiang Provinces of China
ALAMEDA, Calif., July 24 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced new contracts totaling approximately $36.8 million for its PAS(TM) and IP-Based PAS(TM) city-wide wireless access systems in several cities in the Shanxi and Zhejiang provinces of China.

(Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
This IP-Based contract win marks another first-time deployment of PAS(TM) services for UTStarcom, this time in the Shanxi Province, which is a less affluent western province. Continued contract wins in the western provinces represent the increasing extension of the PAS(TM) presence throughout mainland China and UTStarcom`s ability to capitalize on the Chinese government`s ``Develop the West`` campaign, for which the main goal is to help the western provinces catch up with the economic prosperity of the coastal provinces.

Ying Wu, President of UTStarcom China stated, ``We are extremely pleased with these new contract wins for both our PAS and IP-Based PAS services in these Provinces. We believe the rapid adoption of our systems reflects the continued value and importance of our product line throughout Mainland China, and our ability to provide telecom operators with technology that is designed to provide solutions for today`s telecommunications network as well as to provide seamless migration to the telecom networks of the future.``

About PAS(TM)

PAS(TM) is a personal wireless access system, which offers the consumer the convenience of a mobile phone with the cost advantages of a fixed-line phone. In contrast to the highly competitive and more costly mobile market, PAS(TM) has the advantage of a 69 gram, 800 hour standby/6 hour talk-time battery handset, with the additional potential for high-speed 64kpb/s data transmission, wireless email and Internet access, all at a lower cost to the consumer. UTStarcom`s PAS(TM) provides city-wide mobile phone service for communities of up to several hundred thousand subscribers at traffic densities of upwards of 15,000 subscribers per square kilometer. The PAS(TM) system is designed to be integrated into the existing wireline network and does not require any modifications to the central office switch or incremental mobile switching hardware adaptations, enabling telephone service providers to efficiently and cost-effectively deploy wireless services for their customers.

About IP-based PAS

IP-based PAS(TM) is the latest innovation to UTStarcom`s PAS(TM) product, which enables local telephone operators to provide telephone service to consumers within a specific city or community, using small mobile (not cellular) handsets, with the signal traveling across low-cost, conventional fixed telephone lines.

This new IP-telecom product is based on our WACOS IP Platform and is designed to help local telephone service operators eventually migrate voice and data traffic from conventional circuit-switched (TDM) networks to IP-based 3G wireless broadband networks. The technology provides a convenient and efficient solution to migrating legacy wireline and wireless infrastructure to next generation all-IP networks. A multiple-edge access service can subsequently be converted to an IP-based broadband Metropolitan Area Network covering most urban areas through WACOS IP backbone interconnections, offering multi-protocol SoftSwitch capabilities. In the final phase of migration, next generation networks such as 3G W-CDMA and TD-SCDMA could be built upon the WACOS all-IP core network technology.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. UTStarcom`s products enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a migration path from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based SoftSwitch platform designed to deliver voice and
data services using a highly distributed architecture. WACOS contains a
SoftSwitch call server, a distributed multi-service IP gateway and a
full suite of subscriber management, mediation and billing services.


The company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the company`s website at www.utstar.com .

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to deploy its PAS(TM) and IP-Based PAS(TM) services in the Shanxi and Zhejiang Provinces of China, the Company`s estimate of the amount of backlog from the PAS(TM) contracts in the those provinces, the increasing extension of the PAS presence through mainland China, the Company`s ability to capitalize on the Chinese government`s ``Develop the West`` campaign, the rapid adoption of the Company`s PAS and IP-Based PAS systems in China, the continued importance of the Company`s product line in China and the Company`s ability to provide seamless migration to future telecom networks are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include: rapidly changing technology, the changing nature of China`s telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the installation and deployment of the PAS(TM) and IP-Based PAS(TM) networks in the Shanxi and Zhejiang provinces, the termination of significant contracts, partnerships or alliances in the Shanxi and Zhejiang provinces, non-recognition of backlog and uncertainties such as changes in government regulation, licensing requirements and the ``Develop the West`` campaign in China. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[panik]

UTStarcom`s Guangzhou and Shandong Sales Offices Sign $17 Million in Expansion Contracts for its PAS(TM) Services in Mainland China
ALAMEDA, Calif., July 30 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced follow-on contracts for its Guangzhou and Shandong sales offices totaling approximately $ 17 million to expand existing installations of its PAS(TM) city-wide wireless access system in several cities in five of Mainland China`s coastal provinces.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``The existing PAS(TM) deployment in these cities has already attracted more than 120,000 subscribers, and will have more resources to satisfy subscriber`s growing demand for voice and data services after this expansion, said Johnny Chou, ``Executive Vice President and Chief Operating Officer of UTStarcom China. ``These expansion contracts are exemplary of the growing acceptance of our PAS(TM) services by both the local telecom bureaus and their subscribers.``

About PAS(TM)

PAS(TM) is a personal wireless access system, which offers the consumer the convenience of a mobile phone with the cost advantages of a fixed-line phone. In contrast to the highly competitive and more costly mobile market, PAS(TM) has the advantage of a 69 gram, 800 hour standby/6 hour talk-time battery handset, with the additional potential for high-speed 64kpb/s data transmission, wireless email and Internet access, all at a lower cost to the consumer. UTStarcom`s PAS(TM) provides city-wide mobile phone service for communities of up to several hundred thousand subscribers at traffic densities of upwards of 15,000 subscribers per square kilometer. The PAS(TM) system is designed to be integrated into the existing wireline network and does not require any modifications to the central office switch or incremental mobile switching hardware adaptations, enabling telephone service providers to efficiently and cost-effectively deploy wireless services for their customers.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. UTStarcom`s products enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a migration path from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:

PAS(TM), which provides voice and data services over city-wide mobile wireless networks;
AN-2000, a broadband and narrowband access system for wireline networks;
WACOS, an IP-based SoftSwitch platform designed to deliver voice and data services using a highly distributed architecture. WACOS contains a SoftSwitch call server, a distributed multi-service IP gateway and a full suite of subscriber management, mediation and billing services.
The company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tel Aviv, Israel and New Dehli, India.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the company`s website at www.utstar.com.

PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to expand existing installations of its PAS(TM) services in the five coastal provinces of China, the Company`s estimate of the amount of backlog from the PAS(TM) contracts in the those provinces, growing demand for the Company`s voice and data services after the expansion and the Company`s ability to satisfy that demand and the continued acceptance of the Company`s PAS(TM) services in China by local telecom bureaus and their subscribers are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include, but are not limited to, rapidly changing technology, the changing nature of China`s telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the installation and deployment of the PAS(TM) networks in the five coastal provinces, the termination of significant contracts, partnerships or alliances in the five coastal provinces, non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[panik]

UTStarcom Inc. Awarded $4 Million Contract to Offer Broadband Access Solution For Taiwan
Contract With Eastern Broadband Telecom to Deploy Broadband Island-Wide
ALAMEDA, Calif., Aug. 7 /PRNewswire/ -- UTStarcom Inc. (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that the company has been awarded an initial contract totaling approximately $4 million from Eastern Broadband Telecom (``EBT) to deploy next generation xDSL broadband access network equipment island-wide in Taiwan. EBT, which commands 36% of all TV subscribers throughout Taiwan, is the first fixed line operator to offer this commercial service.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Joe Ye, General Manager of UTStarcom`s Taiwan operations stated, ``We have gathered our resources in Taiwan, USA and China to make this partnership with EBT successful. We believe Taiwan is one of the most sophisticated telecom markets in the world and we intend to be a leading supplier here``

UTStarcom believes that the trials of the AN-2000 broadband access network solution conducted by Eastern Broadband Telecom have proved the high performance and flexibility of the product.

Dr. James Jeng, Executive Vice President of EBT stated, ``EBT intends to be the leading broadband private operator in Taiwan and we have budgeted more than $50M for broadband access networks to be deployed before the end of 2002. We are delighted to be working with UTStarcom as our partner in this goal``

The Broadband Market in Taiwan

In response to the globalization of telecommunications market, the Taiwanese government legislated three important telecommunications laws in 1996, allowing private fixed network operators to provide both voice and data transmission. Since that time, the Taiwan telecom market has entered into an arena of free competition.

In January 2001, ADSL market analysts in Taiwan predicted that the total broadband subscribers in Taiwan would reach 820,000 and ADSL subscribers would attain more than 500,000 for 2001. This is expected to generate a total U.S. $100 million in sales for equipment and services for the year 2001.

According to the latest telecommunications report, as of July 2001, the total number of broadband subscribers has already exceeded 700,000 and 70% of users have applied for ADSL service. The growth rate of ADSL in the Taiwan market is approximately 350%. It is further anticipated that the number of broadband subscribers should reach 1.2 million by mid-2002.

About Eastern Broadband Telecom in Taiwan

In June 2001, Eastern Broadband Telecom became the first broadband operator besides the state-owned Chung-Hwa Telecom, to formally launch its services. In the last year, Eastern Broadband Telecom was first awarded a fixed network-operating license from Taiwan government. Eastern Broadband Telecom has the advantages of an underground, island-wide fiber backbone and ownership of the largest regional cable TV network with more than 1.7 million subscribers. Furthermore, its merger with the major Internet Service Provider -- Asia Pacific On-line in Taiwan, has allowed Eastern Broadband Telecom to better compete against the current largest operator -- Chung-Hwa Telecom.

About AN-2000

The AN-2000 broadband access platform supports a mix of services that include: traditional analog voice, voice and data in digital format over integrated services digital network, or ISDN, and high-data-rate digital subscriber lines, analog and digital leased lines, business data services over integrated digital subscriber lines, or HSDL and high-performance, always-on Internet access for residential and business subscribers using advanced asymmetric digital subscriber line, or ADSL, technology.

The AN-2000 platform contains both central office terminals and remote terminals that are linked together by fiber, microwave radio, or copper to form a digital access network. The remote terminals are located close to the subscribers and offer last-mile wireline connections for voice and data services to subscribers. Each AN-2000 system, which is scalable from 16 to 5,000 lines, can be connected into a loop to form a metropolitan access network of up to 32,000 subscriber lines. By connecting multiple metropolitan area networks, a metropolitan service network can potentially service hundreds of thousands of subscribers.

The AN-2000 offers a V5.2 exchange interface that benefits service providers by shifting network intelligence out into the access network, reducing reliance on costly and proprietary distributed central office switch architectures. For service providers whose switches are not yet V5.2 compliant, we provide a migration capability whereby AN-2000 terminates analog and ISDN ports in the central office, effectively creating a V5.2 interface to remote AN-2000`s,

For broadband services based on ADSL, the AN-2000 has integral multiplexing capability for up to 155Mbps of Asynchronous Transfer Mode, or ATM, traffic over fiber and a modular architecture for virtually unlimited bandwidth for IP Ethernet. The AN-2000 can serve as a multi-service access node in which ADSL is delivered from a remote location combined with voice and leased line services or it can be configured as a pure central-office based Digital Subscriber Loop Access Multiplexer, which increases density and functionality. In either application UTStarcom offers a Broadband Remote Access Server shelf to provide service management features over point-to-point-protocol-on-ethernet, known as PPOE. As with PAS, our integrated Netman network system provides centralized management of the AN-2000. The ADSL service is compatible with most customer premise modems provided by third-party vendors

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. UTStarcom`s products enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a migration path from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based SoftSwitch platform designed to deliver voice and
data services using a highly distributed architecture. WACOS contains a
SoftSwitch call server, a distributed multi-service IP gateway and a
full suite of subscriber management, mediation and billing services.


The company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tel Aviv, Israel and New Delhi, India.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding expected backlog from the Company`s contract with Eastern Broadband Telecom (EBT), the Company`s intention to become the leading telecom equipment supplier in Taiwan, EBT`s intention to become the leading broadband operator in Taiwan and to budget $50M for broadband networks to be deployed before the end of 2002, the growth in the total number of broadband and ADSL subscribers in Taiwan, the expected total in sales for telecom equipment and sales by 2001 and the growth rate of ADSL in the Taiwan market are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include the changing nature of Taiwan`s telecommunications market, changes in future government regulation or licensing requirements in Taiwan, current and changing economic conditions, particularly in Taiwan, uncertainties as to the success or duration of key partnerships and alliances, particularly with EBT, the direction of future research and development efforts, potential cancellations, reductions or delays in system deployments, and uncertainties such as general demand for and acceptance of the Company`s products. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

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UTStarcom Inc. Announces First Contract With China Unicom to Launch IP-Based Metropolitan Area Network in the Zhejiang Province in China
ALAMEDA, Calif., Aug. 8 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that it has signed an initial contract with Zhejiang Unicom, a subsidiary of China Unicom, to implement its new IP-based broadband Metropolitan Area Networks (MANs) in ten cities in the Zhejiang Province in China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``This contract win is a major breakthrough for UTStarcom as it marks our first partnership with China Unicom in the broadband access arena after more than a dozen similar city deployments with China Telecom,`` said Hong Lu, President and CEO of UTStarcom Inc. ``In addition it illustrates the company`s ability to help local service providers respond to the rapid growth of Internet business as well as the strong demand for other data services in China.`` Lu added, ``UTStarcom is actively working with many service operators on the major broadband access build out in China with our IP based Wacos SW platforms, IP-DSL, and Netcore and Netedge IP router product lines.``

In an effort to keep up with ever increasing demand for bandwidth by Internet users in China, local telecom operators, like China Unicom, must identify the best leading-edge technology such as UTStarcom`s IP broadband access solutions, to meet those demands. Significant investments in IP-based MANs are being made in order to set up multi-service broadband telecommunications infrastructure that can provide increased bandwidth and higher data speed for their subscribers. According to China`s Ministry of Information, as of June 30, 2001, the number of Internet users has reached 26.5 million.

In this first phase of a two-phase project, UTStarcom will deploy its core router and access switch technology, consisting of NetCore8000B switches and layer2/3 switches of NetEdge. China Unicom is one of the most comprehensive telecom operators in China, whose services include fixed line, mobile, data service, paging and Internet, etc. The Metropolitan Area Network will greatly improve. Unicom`s ability to offer reliable and cost-effective data services to both the enterprise customers as well as individual users.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based SoftSwitch platform designed to deliver voice and
data services using a highly distributed architecture. WACOS contains a
SoftSwitch call server, a distributed multi-service IP gateway and a
full suite of subscriber management, mediation and billing services.


Founded in 1991 and headquartered in Alemeda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s estimate of backlog from its contract with Zhejiang Unicom, the strong demand for bandwidth and other data services in China, the Company`s investments in IP-based broadband Metropolitan Area Networks (MAN`s) to set up multi-service broadband telecommunications infrastructure, the ability of the MAN`s to improve Unicom`s ability to offer reliable and cost effective data services, the Company`s deployment of its core router and access switch technology in the first phase of Unicom project and the Company`s expectations for future capabilities of voice and data transmission are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include, rapidly changing technology, the changing nature of China`s telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the installation and deployment of the IP-based MAN`s in ten cities in the Zhejiang Province, the termination of significant contracts, partnerships or alliances in the Zhejiang Province, particularly with Zhejiang Unicom, non-recognition of backlog and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

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370,000 Lines of UTStarcom`s AN-2000 SDH/V5.2 Technology to Be Deployed By BSNL in India
ALAMEDA, Calif., Aug. 13 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that Himachal Futuristic Communications Limited (HFCL) and HTL Limited, both licensee`s and manufacturers of UTStarcom`s AN-2000 SDH/V5.2 access equipment, have been awarded initial orders of 250,000 and 120,000 lines, respectively, of access equipment from BSNL, the incumbent telephone operator in India which has approximately 20 million fixed lines in operation and covers the whole country with the exception of Delhi and Mumbai. UTStarcom`s AN-2000 was the largest recipient of orders in this BSNL tender.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``We consider India to be a strategic market and intend to continue to work with vendors and operators to introduce our leading edge products to market at a cost effective price,`` stated Paul Berkowitz, Vice President of International Sales for UTStarcom. ``At the conclusion of this deployment, together with the previously announced MTNL contract, UTStarcom believes it will be the largest supplier of V5.2/SDH Access Networks in India.``

The systems, which will begin shipping immediately, and are to be fully delivered by January 2002, are AN-2000 SDH (STM-1) V5.2 based Access Networks each offering a mix of POTS, BRI, E1 leased line, Hotline and 64kbps co-directional interfaces. They are broadband-ready and may be upgraded to include high-speed ADSL lines in the future.

HFCL is one of India`s largest manufacturers of telecom equipment, based in Delhi. HTL is a public sector manufacturer of switching equipment based in Chennai.

About AN-2000

The AN-2000 broadband access platform supports a mix of services that include: traditional analog voice, voice and data in digital format over integrated services digital network, or ISDN, and high-data-rate digital subscriber lines, analog and digital leased lines, business data services over integrated digital subscriber lines, or HSDL and high-performance, always-on Internet access for residential and business subscribers using advanced asymmetric digital subscriber line, or ADSL, technology.

The AN-2000 platform contains both central office terminals and remote terminals that are linked together by fiber, microwave radio, or copper to form a digital access network. The remote terminals are located close to the subscribers and offer last-mile wireline connections for voice and data services to subscribers. Each AN-2000 system, which is scalable from 16 to 5,000 lines, can be connected into a loop to form a metropolitan access network of up to 32,000 subscriber lines. By connecting multiple metropolitan area networks, a metropolitan service network can potentially service hundreds of thousands of subscribers.

The AN-2000 offers a V5.2 exchange interface that benefits service providers by shifting network intelligence out into the access network, reducing reliance on costly and proprietary distributed central office switch architectures. For service providers whose switches are not yet V5.2 compliant, we provide a migration capability whereby AN-2000 terminates analog and ISDN ports in the central office, effectively creating a V5.2 interface to remote AN-2000`s.

For broadband services based on ADSL, the AN-2000 has integral multiplexing capability for up to 155Mbps of Asynchronous Transfer Mode, or ATM, traffic over fiber and a modular architecture for virtually unlimited bandwidth for IP Ethernet. The AN-2000 can serve as a multi-service access node in which ADSL is delivered from a remote location combined with voice and leased line services or it can be configured as a pure central-office based Digital Subscriber Loop Access Multiplexer, which increases density and functionality. In either application UTStarcom offers a Broadband Remote Access Server shelf to provide service management features over point-to-point-protocol-on-ethernet, known as PPOE. As with PAS, our integrated Netman network system provides centralized management of the AN-2000. The ADSL service is compatible with most customer premise modems provided by third-party vendors

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based mobile Softswitch platform designed to deliver
wireless and wireline telecom services. WACOS contains a Softswitch
call server with mobility management (VLR/HLR), a group of distributed
multi-service IP gateways and a full suite of operation support system
modules (OSS), including subscriber management, customer care,
mediation and billing services.


Founded in 1991 and headquartered in Alemeda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

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UTStarcom Launches AN-2000-IB IP-Based DSLAM Product to Address Broadband Carriers` Increasing Need for True Broadband Performance
ALAMEDA, Calif., Aug. 14 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced the launch of its AN-2000 IB, a carrier class IP-based digital subscriber line access multiplexer (``DSLAM``). This product enables operators to migrate their network architectures to IP and facilitate rapid DSL deployment to meet increasing subscribers` needs for broadband network access. The AN-2000 IB product is a member of UTStarcom`s successful AN-2000 family of products that currently has over 3 million lines deployed in Mainland China and is currently compatible with all popular customer premises ADSL modems.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Unlike many other DSLAM products, the AN-2000 IB fully terminates the ATM protocol present on the ADSL line and provides pure IP over Ethernet to a backbone network comprised solely of IP switches and routers. Since most of the current subscriber applications ride over end-to-end IP, this approach eliminates unnecessary and inefficient transport of IP packets on ATM cells, which in turn reduces cost and increases performance in the DSLAM and backbone.

``ATM is a ten-year old concept that has been overtaken by IP technology in terms of speed and economics,`` according to Gerald Soloway, PhD, UTStarcom`s VP of Research and Development. ``While we still see some operators using ATM, applications like voice and video have migrated to IP, rendering ATM less useful. We also see inherent benefits in IP for switching and transport.``

For operators who have legacy ATM backbones, UTStarcom continues to offer its AN-2000 ATM-based DSLAM and multi-service access node supporting POTS, ISDN, and leased line services along with ADSL.

``Broadband IP delivery over ADSL is taking off in Japan, China, Taiwan, and we expect the trend to follow in our other key markets. Low cost and quick roll-out wins and our customers appreciate the provisioning simplicity of an all IP-backbone as a way to achieve these benefits,`` commented Paul Berkowitz, VP of International Sales for UTStarcom.

The AN-2000 IB Carrier class IP DSLAM system offers high density (up to 1920 lines per rack), high performance (up to 8Mbps full ADSL speed non-blocking downstream transmission per line), lower power (2.3W per line), simpler network management and deployment (terminate directly to a 100M/1000M LAN backbone), lower operational costs and faster deployments (as compared to ATM based DSLAM).

Both the AN-2000 and AN-2000 IB are managed by UTStarcom`s Netman, a scalable, distributed client/server based network management system.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based mobile Softswitch platform designed to deliver
wireless and wireline telecom services. WACOS contains a Softswitch
call server with mobility management (VLR/HLR), a group of distributed
multi-service IP gateways and a full suite of operation support system
modules (OSS), including subscriber management, customer care,
mediation and billing services.


Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the launch of UTStarcom`s AN-2000 IB IP-based DSLAM product, the benefits in IP for switching and transport, the growth of broadband IP delivery over ADSL in Japan, China, Taiwan and other key markets and the Company`s expectation that IP switching and aggregation will be added to Gigabit Ethernet WAN-side interface by Q2 `02, the belief that the system offers a higher density, lower power, simpler network management and deployment, and lower operational costs and faster deployments are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include the changing nature of telecommunications markets, particularly in China, economic worldwide trends, the direction of future research and development efforts, the adoption of product standards, the cancellation of significant partnerships and alliances in China, potential delays in the deployment of the AN-2000 IB DSLAM product, general demand for and acceptance of the Company`s products and uncertainties such as changes in government regulation and licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange.

SOURCE: UTStarcom, Inc.

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UTStarcom Announces First Contract With China Railcom Communications to Deploy Its PAS(TM) Services in Shanghai, China
ALAMEDA, Calif., Aug. 15 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced a new contract with the Shanghai branch of China Railcom Communications (``CRC``), the second largest fixed-line operator in China, to deploy its PAS(TM) city-wide wireless access system within the Shanghai Railway Institute campus area in the city of Shanghai. To date, this is UTStarcom`s first PAS(TM) contract with China Railcom Communications and will be CRC`s first official PAS(TM) project.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``This project is a part of Railcom`s effort to offer high quality voice and data services to its customers in an effort to better compete in the fixed-line arena,`` said Ying Wu, Executive Vice President and CEO, China Operations of UTStarcom Inc. ``To achieve this goal, CRC is looking to deploy best-of-breed, cost effective, fast provisioning technologies. We believe UTStarcom`s PAS(TM) system is the perfect cutting-edge solution for their needs.`` Wu added, ``CRC is planning to deploy 15 million lines of local access network by the end of 2001; we believe that PAS(TM) will definitely help them to achieve this goal.``

Using UTStarcom`s PAS(TM) system, CRC can combine its fixed-line resources with the wireless access and mobility functions, offering customers 64 Kbps data services in addition to regular mobile voice services. CRC`s network covers 65,000 miles of railways throughout Mainland.

About PAS(TM)

PAS(TM) is a personal wireless access system, which offers the consumer the convenience of a mobile phone with the cost advantages of a fixed-line phone. In contrast to the highly competitive and more costly mobile market, PAS(TM) has the advantage of a 69 gram, 800 hour standby/6 hour talk-time battery handset, with the additional potential for high-speed 64kpb/s data transmission, wireless email and Internet access, all at a lower cost to the consumer. UTStarcom`s PAS(TM) provides city-wide mobile phone service for communities of up to several hundred thousand subscribers at traffic densities of upwards of 15,000 subscribers per square kilometer. The PAS(TM) system is designed to be integrated into the existing wireline network and does not require any modifications to the central office switch or incremental mobile switching hardware adaptations, enabling telephone service providers to efficiently and cost-effectively deploy wireless services for their customers.

About China Railcom Communications

China Railcom Communications is the second largest fixed-line operator in China. Originally the largest private communications network serving China`s railway system, CRC was officially founded on December 26, 2000 after internal structure reform. CRC`s telecom services include local fixed-line, long distance, data service, IP telephony and satellite services by both wireline and wireless access. According to published reports by the company, CRC has set a goal of 15-30 million fixed-line subscribers by the end of 2005.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based mobile Softswitch platform designed to deliver
wireless and wireline telecom services. WACOS contains a Softswitch
call server with mobility management (VLR/HLR), a group of distributed
multi-service IP gateways and a full suite of operation support system
modules (OSS), including subscriber management, customer care,
mediation and billing services.


Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS services within the Shanghai Railway Institute campus area in Shanghai, the capabilities of the PAS(TM) system when used by China Railcom Communications (``CRC``) and the compatibility of the PAS(TM) to CRC`s needs are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, particularly with CRC, the direction of future research and development efforts, delays in the deployment of the PAS(tm) in the campus area of Shanghai, general demand for and acceptance of the Company`s products and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[panik]

UTStarcom`s Guangzhou Sales Office Signs $13 Million in Expansion Contracts For Its PAS(TM) and IP-Based PAS(TM) Services in China
ALAMEDA, Calif., Aug. 22 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced follow-on contracts for its Guangzhou sales office with China Telecom totaling approximately $13 million for its PAS(TM) and IP-based PAS(TM) city-wide access systems in four coastal provinces in China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``Even as we are expanding our reach outside of Mainland China and in different spheres of technology, UTStarcom is just as focused as ever on partnering with China Telecom to deploy next-generation PAS(TM) technology today at a cost-effective price,`` said Ying Wu, President and CEO of UTStarcom`s China Operations. ``Our IP-Based PAS(TM) services are especially designed to migrate voice and data traffic from traditional networks to IP-based 3G wireless networks, thereby allowing China Telecom to be ready for increasing consumer demand going-forward.``

About PAS(TM)

PAS(TM) is a personal wireless access system, which offers the consumer the convenience of a mobile phone with the cost advantages of a fixed-line phone. In contrast to the highly competitive and more costly mobile market, PAS(TM) has the advantage of a 69 gram, 800 hour standby/6 hour talk-time battery handset, with the additional potential for high-speed 64kpb/s data transmission, wireless email and Internet access, all at a lower cost to the consumer. UTStarcom`s PAS(TM) provides city-wide mobile phone service for communities of up to several hundred thousand subscribers at traffic densities of upwards of 15,000 subscribers per square kilometer. The PAS(TM) system is designed to be integrated into the existing wireline network and does not require any modifications to the central office switch or incremental mobile switching hardware adaptations, enabling telephone service providers to efficiently and cost-effectively deploy wireless services for their customers.

About IP-based PAS

IP-based PAS(TM) is the latest innovation to UTStarcom`s PAS(TM) product, which enables local telephone operators to provide telephone service to consumers within a specific city or community, using small mobile (not cellular) handsets, with the signal traveling across low-cost, conventional fixed telephone lines.

This new IP-telecom product is based on UTStarcom`s WACOS IP Platform and is designed to help local telephone service operators eventually migrate voice and data traffic from conventional circuit-switched (TDM) networks to IP-based 3G wireless broadband networks. The technology provides a convenient and efficient solution to migrating legacy wireline and wireless infrastructure to next generation all-IP networks. A multiple-edge access service can subsequently be converted to an IP-based broadband Metropolitan Area Network covering most urban areas through WACOS IP backbone interconnections, offering multi-protocol Softswitch capabilities. WACOS is also designed to enable next generation networks such as 3G W-CDMA and TD-SCDMA to be built upon the WACOS all-IP core network technology.

IP-based PAS(TM) was first introduced in a field trial in the city of Qingyuan in July 2000. In January 2001 UTStarcom began shipping this IP-based PAS(TM) product in the Zhejiang Province and recently announced its deployment in the Hainan Province in March 2001 and the Inner Mongolia Autonomous Region and Guangxi Province in May 2001.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based mobile Softswitch platform designed to deliver
wireless and wireline telecom services. WACOS contains a Softswitch
call server with mobility management (VLR/HLR), a group of distributed
multi-service IP gateways and a full suite of operation support system
modules (OSS), including subscriber management, customer care,
mediation and billing services.


Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements -

The foregoing statements regarding the deployment of PAS services within the are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, delays in the deployment of the PAS(TM), general demand for and acceptance of the Company`s products and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[panik]

UTStarcom`s Hangzhou Sales Office Announces $13.4 Million in Expansion Contracts for Its PAS(TM) Services in China
Strong Order Flow Continues in China
ALAMEDA, Calif., Aug. 30 /PRNewswire/ -- UTStarcom Inc. (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced follow-on contracts for its Hangzhou sales office with China Telecom totaling approximately $13.4 million for its PAS city-wide access system in the Zhejiang Province in China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``The market environment and opportunities for our PAS(TM) service continue to improve with more operators utilizing it as a means to increase subscriber numbers and revenues,`` said Simon Le, Vice President of Sales for UTStarcom China. ``We believe that China Telecom is encouraging the use of PAS by its local operators given they can typically get a return on their investment in under three years. As the competition for mobile services becomes more intense, China Telecom is focused on seeking profitable business in addition to traditional fixed-line. UTStarcom`s PAS(TM) service has proven to be the best choice for them to compete in the mobile market as evidenced by the fact that cities in which PAS(TM) is deployed see much higher traffic and revenue per user than those cities in which PAS(TM) is not deployed.``

About PAS(TM)

PAS(TM) is a personal wireless access system, which offers the consumer the convenience of a mobile phone with the cost advantages of a fixed-line phone. In contrast to the highly competitive and more costly mobile market, PASTM has the advantage of a 69 gram, 800 hour standby/6 hour talk-time battery handset, with the additional potential for high-speed 64kpb/s data transmission, wireless email and Internet access, all at a lower cost to the consumer. UTStarcom`s PAS(TM) provides city-wide mobile phone service for communities of up to several hundred thousand subscribers at traffic densities of upwards of 15,000 subscribers per square kilometer. The PAS(TM) system is designed to be integrated into the existing wireline network and does not require any modifications to the central office switch or incremental mobile switching hardware adaptations, enabling telephone service providers to efficiently and cost-effectively deploy wireless services for their customers.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based mobile Softswitch platform designed to deliver
wireless and wireline telecom services. WACOS contains a Softswitch
call server with mobility management (VLR/HLR), a group of distributed
multi-service IP gateways and a full suite of operation support system
modules (OSS), including subscriber management, customer care,
mediation and billing services.


Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS services within the Zhejiang Province in China, the expected backlog from the follow-on contracts with China Telecom for its PAS city-wide access system in the Zhejiang Province of China, the improvement in the market environment and opportunities for the PAS service, the increase in the number of operators using the PAS system to increase subscriber numbers and revenue, the expectation that China Telecom is encouraging use of the PAS by its local operators and UTStarcom`s competitive position in the mobile market are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, particularly with China Telecom, the direction of future research and development efforts, delays in the deployment of the PAS(tm) in the Zhejiang Province of China, general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[dergeneral]

Dienstag September 4, 4:43 P.M. östliche Zeit
Pressekommuniqué
QUELLE: UTStarcom Inc..
Neuer Vertrag des UTStarcom-Zeichen-Satzes in der Menge von $52 Million für seine PAS(TM)-Services in der Provinz Zhejiang in China
Größter Vertrag in der Geschichte der Firma zeigt festes Vertrauen der Chinatelekommunikation im Nutzen der PAS(TM)-Technologie in China
Alameda, Sept. 4 / PRNewswire / -- UTStarcom Inc., (Nasdaq: UTSI - Nachrichten ), ein führender Versorger des Radioapparates, Funkleitung und Breitbandzugriff Ausrüstung, einen neuen einzelnen Stadtvertrag Gewinntotaling heute verkündet ungefähr $52 Million für sein Stadt-breites drahtloses System Zugriff PAS(TM) in der Provinz Zhejiang von China. Zhejiang ist eins von den reichlichsten der Küstenprovinzen in China und diese Entwicklung dient einer Hauptstadtbedeckung ungefähr 12 tausend quadratische Kilometer.

(Foto: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``This-Vertrag, das größte in der Geschichte der Firma, weiter zeigt UTStarcom`s-Glauben, daß Chinatelekommunikation immer überzeugter wird, wenn sie unsere PAS-Dienstleistungen um das Land entfaltet, ` ` sagte Ying Wu, Präsident und CEO von UTStarcom China. ``Since, das der strukturelle Tarif ändert, besonders der Langstreckenkinetikschnitt, wurde im März dieses Jahres auferlegt, haben Telekommunikationsbediener wie Chinatelekommunikation die ständig steigende Herausforderung des Beibehaltens seiner Entwicklung und des Wachsens seiner Einkommen gegenübergestellt. Diese gegeben zeichnen Sie Änderungen, wir denken aus, daß Chinatelekommunikation ihre Rückkehr auf Investition insbesondere beachten muß; welchem wir glauben, ist ein Angelfaktor, wenn Bediener entscheiden, ob man den PAS-Service entfaltet. Unsere Zahlen haben, daß unser PAS(TM)-Service Chinatelekommunikation geholfen hat in, mehr Teilnehmer sowie zu holen, helfen sein, Einkommen zu wachsen gezeigt. Es hat viele Städte gegeben, die ihre Rückkehr auf Investition mit PAS innerhalb 2 bis 3 Jahre gesehen haben. Wir glauben, daß das PAS-System die optimale Lösung für Bediener der Chinatelekommunikation ist, da es ist die kosteneffektivste und beste Qualitätsdrahtlose Stimme und der Datenservice am Markt. ` `,

Als einer der Hauptmärkte des Systems UTStarcom`s PAS(TM), hat die Gesamtzahl Teilnehmern in der Provinz Zhejiang fast seit dem Anfang von 2001, von 175.000 im Januar zu gerade über 340.000 durch mid-August geverdoppelt.

Über Pas(tm)

PAS(TM) ist ein persönliches drahtloses Zugriff System, das dem Verbraucher die Bequemlichkeit eines beweglichen Telefons mit den Kostenvorteilen eines örtlich festgelegt-Zeile Telefons anbietet. Im Gegensatz zu dem in hohem Grade konkurrierenden und teureren beweglichen Markt hat PAS(TM) den Vorteil eines 69 Gramms, 800 Sprechenzeit-Batteriehörer Stunde der Stunde standby/6, mit dem zusätzlichen Potential für hohe Datenübertragung der Geschwindigkeit 64kpb/s, drahtloses email und Internet-Zugriff, alle an niedrigeren Kosten zum Verbraucher. UTStarcom`s PAS(TM) stellt Stadt-breiten Funksprechdienst für Gemeinschaften von bis zu mehrerees hundert tausend Teilnehmern an den Verkehr Dichten von aufwärts von 15.000 Teilnehmern pro quadratischen Kilometer zur Verfügung. Das PAS(TM)-System wird entworfen, in das vorhandene Funkleitungnetz integriert zu werden und keine Änderungen am Hauptbüroschalter oder beweglichen an den Schaltung Hardwareinkrementalanpassungen benötigt und aktiviert Fernsprechdienstversorger zu drahtlose Dienstleistungen leistungsfähig und kosteneffektiv zu entfalten für ihre Kunden.

Über UTStarcom Inc..

UTStarcom entwirft, stellt her, verkauft und installiert einen integrierten Suite des Zukunft-betriebsbereiten Anschaltnetzes und der zukünftigen Schaltung Lösungen. Wir aktivieren Radioapparat- und Funkleitungbediener in den Schnellwachstummärkten weltweit, Stimme, Daten und Internet-Zugriff schnell und kosteneffektiv anzubieten Dienstleistungen, indem wir vorhandene Infrastruktur verwenden.

UTStarcom`s-Produkte stellen eine nahtlose Migration von Funkleitung zu Radioapparat, vom Narrowband zu Breitband und vom Stromkreis zu Paket-packet-based Netzen zur Verfügung, indem sie ``Next-Erzeugung Netztechnik einsetzen. Jetzt. ` `, Die Kunden der Firma sind allgemeine Fernübertragungsdienstversorger, die Radioapparat- und Funkleitungstimme und Datennetze in schnell wachsenden Kommunikationen Märkten um die Welt laufen lassen. Aktuelle Produktzubringer umfassen:

PAS(TM), das Sprach- und Datenservices über Stadt-breiten beweglichen drahtlosen Netzen liefert;
AN-2000, ein Breitband- und narrowband Zugriff System für Funkleitungnetze;
WACOS, eine bewegliche Softswitch Plattform IP-based entworfen, um Radioapparat- und Funkleitungtelekommunikation Dienstleistungen zu liefern. WACOS enthält einen Aufrufserver Softswitch mit Mobilität Management (VLR/HLR), einer Gruppe verteilten Multiservice-cIpgateways und einem vollen Suite der Operation Stützsystemmodule (OSS), einschließlich der Teilnehmermanagement-, Kunde Obacht-, Vermittlung- und Gebührenzählungsdienstleistungen.
Gegründet 1991 und in Alameda Hauptsitz gehabt, stellt Kalifornien, die Firma die Majorität seiner Produkte bei zwei ISO9002 bestätigte die Teildienste her, die in China gelegen sind, und beibehält Verkäufe und Kundenbetreuung Sites während des Festlands China und in Iselin, NJ; Alameda, Ca; Miami, Fl; Taipei, Taiwan; Hong-Kong; und Tel Aviv, Israel und Neu-Delhi, Indien.

Zu mehr Information über UTStarcom, besuchen Sie das website der Firma an www.utstar.com .

ANMERKUNG: PAS, AN-2000, WACOS und der UTStarcom-Name und -firmenzeichen sind eingetragene Warenzeichen von UTStarcom, von Inc. und von seinen Tochtergesellschaften.

Forward-LookingAnweisungen

**time-out** d vorangehend Anweisung betreffend d Firma Fähigkeit zu entfalten sein PAS(TM) Service in d einzeln Stadt in d Zhejiang Provinz von China, d Firma schätzen von d Menge von Reserve von d PAS(TM) Vertrag in dies Provinz, Erwartung betreffend d Zukunft Entwicklung durch China Telekommunikation von unser PAS(TM) Service, d Fähigkeit für UTStarcom zu holen neu Teilnehmer und helfen wachsen Einkommen an ein schnell Schritt für China Telekommunikation, d zurückbringen auf Investition für PAS(TM) Service und d fortsetzen Kostengünstigkeit und superior Qualität Stimme und Daten Service für China Telekommunikation sein Vorwärts--forward-looking in Natur und abhängig von Gefahr und Faktor daß können verursachen tatsächlich Resultat zu unterscheiden materiell. **time-out** dies Gefahr und Faktor umfassen schnell ändern Technologie, d ändern Natur von China Telekommunikation Markt, d Richtung und Erfolg von zukünftig Forschung und Entwicklung Bemühung, entwickeln Produkt und Anwendung Standard, ändern oder verzögern in Produkt Entwicklung und Einleitung, Verzögerung in d Anlage und Entwicklung von d PAS(TM) Netz in d Zhejiang Provinz, d Endpunkt von bedeutend Vertrag, Teilhaberschaft, oder Bündnis in d Zhejiang Provinz, oder mit China Telekommunikation in General, Nichtanerkennung von Reserve und Ungewißheit wie Änderung in Regierung vorgeschrieben und licensing Zulassungsbestimmung. Die Firma verweist auch Leser auf die Gefahr Faktoren, die in seiner Ausrichtung Anweisung auf Formular S-3 gekennzeichnet werden, jährlicher Bericht auf Formular 10-K und vierteljährliche Reports auf Formular 10-Q, wie mit den Aktien und der Austauschkommission archiviert.

QUELLE: UTStarcom Inc..

[panik]

UTStarcom Announces Record $100 Million Contract to Deploy Carrier Class DSLAM in Japan
Order Is First for Newly Introduced AN-2000 IB Product
ALAMEDA, Calif., Sept. 10 /PRNewswire/ -- UTStarcom, Inc. (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, said today that it has been awarded a $100 million contract for its newly launched AN-2000 IB to provide DSLAM service in Japan.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
The order, the largest in the company`s history, is from BB Technologies Corporation (BBTC), which has recently started offering ADSL coverage throughout Japan.

UTStarcom said it will begin shipping product immediately and expects to record revenues from this contract over several quarters, beginning with the fourth quarter 2001 and with an anticipated completion before, or by the end of 2002.

``This is a major competitive win for our company,`` said Hong Lu, President and Chief Executive Officer of UTStarcom. ``As one of the most advanced and fastest growing broadband networks in the world, BB Technologies is a showcase customer for our new offering. They are our first major customer in Japan as we seek to leverage our strong presence in China and add business in other international markets.``

BBTC`s service is marketed under the name Yahoo! BB and emphasizes high-speed content delivery with higher performance than existing providers in Japan. BBTC`s majority shareholder is Softbank Corp., Japan. Softbank Corp. is also a major shareholder of UTStarcom with approximately 45% of UTStarcom`s shares.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based mobile Softswitch platform designed to deliver
wireless and wireline telecom services. WACOS contains a Softswitch
call server with mobility management (VLR/HLR), a group of distributed
multi-service IP gateways and a full suite of operation support system
modules (OSS), including subscriber management, customer care,
mediation and billing services.


Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding future shipments, timing and amount of expected revenue under the BBTC contract to provide DSLAM service in Japan, and the Company`s plans to add business in international markets are forward-looking in nature and subject to risks and factors that may cause actual results to differ materially. These risks and factors include rapidly changing technology, the changing nature of Japan`s telecommunications market, the current economic downturn in Japan, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the installation and deployment of the AN-2000 IB, the termination of significant contracts, partnerships or alliances, particularly with BBTC, non-recognition of backlog and uncertainties such as changes in government regulation and licensing requirements in Japan. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[panik]

UTStarcom, Inc. Opens Insider Trading Window Allowing Officers and Directors To Purchase Shares
ALAMEDA, Calif., Sept. 17 /PRNewswire/ -- UTStarcom, Inc. (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that, pursuant to the Securities and Exchange Commission`s Emergency Order in effect Monday, September 17, 2001 through trading on Friday, September 22, 2001, UTStarcom will open its trading window to Officers and Directors, allowing them to purchase shares of UTStarcom common stock. Any shares purchased during this period will be subject to standard SEC regulations.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tel Aviv, Israel and New Delhi, India.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

SOURCE: UTStarcom, Inc.

[panik]

UTStarcom`s Beijing Sales Office Announces $10 Million in Expansion Contracts For Its PAS(TM) Services in China
Strength Continues in China
ALAMEDA, Calif., Sept. 25 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced follow-on contracts for its Beijing sales office with China Telecom totaling approximately $10 million for its PAS city-wide access system in five northern provinces in China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``These expansion contracts are indicative of continued strong demand and ongoing adoption of the PAS(TM) service throughout China,`` said Simon Le, Vice President of Sales for UTStarcom China. ``Being the largest PAS(TM) provider in China, our systems work well and enjoy considerable popularity and will additionally allow for the smooth migration to new generations of data transfer and telecom technology as China moves toward 3G networks.``

About PAS(TM)

PAS(TM) is a personal wireless access system, which offers the consumer the convenience of a mobile phone with the cost advantages of a fixed-line phone. In contrast to the highly competitive and more costly mobile market, PAS(TM) has the advantage of a 69 gram, 800 hour standby/6 hour talk-time battery handset, with the additional potential for high-speed 64kpb/s data transmission, wireless email and Internet access, all at a lower cost to the consumer. UTStarcom`s PAS(TM) provides city-wide mobile phone service for communities of up to several hundred thousand subscribers at traffic densities of upwards of 15,000 subscribers per square kilometer. The PAS(TM) system is designed to be integrated into the existing wireline network and does not require any modifications to the central office switch or incremental mobile switching hardware adaptations, enabling telephone service providers to efficiently and cost-effectively deploy wireless services for their customers.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the expected $10 million backlog from the follow-on contracts with China Telecom for UTStarcom`s PAS system in five northern provinces of China, the strong demand and rapid adoption of the PAS service throughout China, the capability of the PAS system to allow for the smooth migration to new generations of data transfer and telecom technology and the movement of China`s telecom market to 3G networks are forward-looking in nature and subject to risks and factors that may cause actual results to differ materially. These risks and factors include rapidly changing technology, the changing nature of China`s telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the deployment of the PAS system in five northern provinces of China, the termination of significant contracts, partnerships or alliances, particularly with China Telecom, non-recognition of backlog and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[panik]

UTStarcom Inc. Announces Opening of Office in Japan and Gives An Update on Expanding International Business
ALAMEDA, Calif., Oct. 3 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that it has opened a branch office in Tokyo in order to better serve current and anticipated new business in Japan.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
On September 10, 2001, UTStarcom announced a record $100 million contract with BB Technologies Corporation to deploy its AN-2000 IB to provide carrier class DSLAM service in Japan.

``Our new sales office in Tokyo will not only facilitate our recent DSLAM contract, but will also serve to develop other business within Japan such as a recently signed B-RAS contract totaling just over $2 million. We believe the door is open for additional activity in Japan and that there is wide opportunity in other markets for both our wireline and wireless solutions,`` said Hong Lu, President and CEO of UTStarcom Inc. ``We see these contracts as just the beginning of our presence in the International market and plan on capitalizing on our successes to become a major global player in the telecom arena.``

Expanding International Outlook

To date this year, UTStarcom has announced over $140 million in new contracts for both its wireline and wireless solutions outside of Mainland China. These announcements represent wins in Japan, India, Mauritius and Taiwan, among others. In Taiwan, for example, where PAS(TM) service was first launched in conjunction with FITEL in June 2001, subscribers have already exceeded 60,000. Additionally, the Company has also had some other smaller contracts in Japan and India and some initial contract wins other emerging telecom markets.


Recent international developments include:
-- Japan
-- $100 million DSLAM contract with BB Technologies
-- $2.3 million B-RAS broadband contract in Tokyo and Nagoya
-- Taiwan
-- $3 million PAS(TM) expansion contract with FITEL
-- $4 million AN-2000 Broadband contract with EBT
-- India
-- Contract with BSNL to deploy AN-2000 SDH/V5.2
-- Contract with MTNL to deploy AN-2000 SDH/V5.2
-- Opening of New office in New Delhi
-- Mauritius
-- Contract with Mauritius Telecom to deploy AN-2000 broadband access
network
-- Thailand
-- FA-2000 (similar to AN-2000) contract with NEC private label
-- Venezuela
-- FA-2000 (similar to AN-2000) contract with NEC private label


``We are extremely focused on our International expansion,`` said Paul Berkowitz, Vice President of International Sales for UTStarcom Inc. ``We now have regional sales and support in New Jersey, California, Miami, Taipei, Tokyo, New Delhi, Hanoi, Manila, Shanghai and Tel Aviv in order to support new business opportunities. Our product mix includes our wireline AN-2000 and AN-2000 IB family of products, our wireless PAS(TM), IP-based PAS(TM) and our WACOS softswitch platform which supports both wireline and wireless applications. The strength of our technology has been proven in China and is now gaining acceptance in other important markets, and we are selling both directly and through strategic distribution channels.``

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tel Aviv, Israel and New Delhi, India.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

Forward Looking Statements

The foregoing statements regarding the expected backlog from UTStarcom`s contracts with BB Technologies, B-RAS, FITEL, EBT, BSNL, Mauritius Telecom, and NEC, UTStarcom`s anticipated new business and added activity in Japan, UTStarcom`s expectation that the new Japan office will facilitate its recent DSLAM contract and develop other business in Japan and UTStarcom`s plan to expand its presence in the international market and capitalize on its success to become a major global player in telecom are forward-looking in nature and subject to risks and factors that may cause actual results to differ materially. These risks and factors include rapidly changing technology, the changing nature of Japan`s telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the opening of its Japan office, the termination of significant contracts, partnerships or alliances, particularly with BB Technologies, non-recognition of backlog and uncertainties such as changes in government regulation and licensing requirements in Japan. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[panik]

A level-headed approach
Wasatch manager likes UTStarcom, PEC Solutions

By Cecily Fraser, CBS.MarketWatch.com
Last Update: 1:00 AM ET Oct. 11, 2001




LOS ANGELES (CBS.MW) - Karey Barker faces a tough balancing act in trying to find high-growth companies whose stock doesn`t carry inordinate risk.

As co-manager of Wasatch Ultra Growth Fund (WAMCX: news, chart, profile), Barker scouts out businesses that can grow 25 percent over the long term but are still selling at "rationale" prices. She said her criteria generally leads her to technology and health care stocks.

"We don`t take on a lot of P/E and company risk," Barker said. "It`s high growth, but with a lot of risk control."

The $80 million fund is down 7.9 this year, compared with a 14 percent decline in the benchmark Russell 2000 Index of small company stocks. It`s returned 28.4 percent annualized over the last three years.

Barker`s top pick is telecom-quipment provider UTStarcom (UTSI: news, chart, profile). The vast majority of its business is in China, where telecom spending hasn`t slowed, she said. The stock has taken a beating because it`s been misplaced among other U.S. and European telecom-equipment companies, she said. "In their most recent quarter, they guided earnings estimates up. Their biggest problem right now is they can`t make enough phones." Shares rose $1.42 to $18.58 on Wednesday.

Another favorite: Health-care service provider Pediatrix Medical Group (PDX: news, chart, profile). The company provides contract management for hospitals` neonatal and pediatric intensive-care units. Changing demographics such as the increased incidence of multiple births and older women having babies have boosted the company`s prospects, Barker said. Shares gained $1.30 to $30.60.

Lastly, she likes PEC Solutions (PECS: news, chart, profile), which provides information-technology services to government agencies such as the Federal Bureau of Investigations and U.S. Justice Department. PEC specializes in highly secure applications and is working on the Joint Automated Booking Station, or JABS, project to help various agencies share their finger print databases, she said. The stock rose 97 cents to $19.99.

Cecily Fraser is Assistant Personal Finance Editor for CBS.MarketWatch.com in Los Angeles.

[panik]

UTStarcom Inc. Announces Outstanding Quarter for PAS(TM) Bookings in Mainland China - In Excess of $170 Million
Number of Utstarcom`s Pas(TM) Subscribers Tops 2 Million, An Increase of 180% Year Over Year
ALAMEDA, Calif., Oct. 11 /PRNewswire/ -- Further demonstrating its solid position in Mainland China UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that its third quarter 2001 was its largest ever in terms of PAS(TM) bookings within Mainland China. In addition, the subscriber base for UTStarcom`s PAS(TM) city-wide wireless systems surpassed 2 million, an increase of over 180% year over year and 25% sequentially.

(Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Since July 1, 2001, UTStarcom has announced over $140 million in new and expansion PAS(TM) contracts within Mainland China, including its recent $52 million contract which is the single-city PAS(TM) contract record for the Company. In addition, the Company has booked in excess of $30 million in other smaller PAS(TM) contracts bringing the total PAS(TM) bookings in Mainland China to over $170 million. Furthermore, the Company signed its first PAS(TM) contract with China Railcom, adding to its customer base and reinforcing the widespread acceptance of the PAS(TM) technology.

``Clearly, these contracts show the continued strength of the PAS(TM) technology and its popularity amongst operators and consumers in China,`` said Ying Wu, Chief Executive Officer for UTStarcom China. ``With its impending acceptance into the WTO and Beijing Olympics in 2008, China is more determined than ever to ensure its telecommunications infrastructure is in place to compete in the global marketplace. We further believe the regulatory environment in China is opening up even more, providing greater and fairer competition amongst carriers; which will also be positive for UTStarcom and its PAS(TM) systems. UTStarcom is focused on providing its operators with the most sophisticated, cost-effective and consumer friendly technology.``


Select Quarterly contracts to date include:

-- $36.8 million in new contracts in Shanxi and Zhejiang Province
-- $17 million in expansion contracts for Guangzhou and Shandong sales
offices
-- First PAS(TM) contract with China Railcom Communications
-- $13 million in PAS(TM) and IP-based PAS(TM) expansion contract for the
Guangzhou sales office
-- $13.4 million in expansion contracts for the HangZhou sales office
-- $52 million record contract for a single-city in the Zhejiang Province


``As PAS(TM) deployments continue to gain momentum, the result for UTStarcom is increased confidence and visibility on our financial results going forward,`` Mike Sophie, Chief Financial Officer for UTStarcom Inc.

Value Added Data Services

UTStarcom will also begin deployment of its PAS(TM) data and value added services (``C-Mode``) in the fourth quarter of 2001. In contrast to the highly competitive and more costly mobile market, PAS C-Mode has the advantage of high-speed 64kpb/s data transmission, short messaging, wireless email and Internet access in addition to regular voice service, all at a lower cost to the consumer. Additional value added services include: location identification, Internet content browsing and the ability to download MP3 music. Consumers can access the Internet through the various PAS handsets, or by laptop or PDA using a special e-data card. UTStarcom is currently working with different Internet Content Providers to provide several kinds of entertainment, music, news and shopping information for the consumer.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tel Aviv, Israel and New Delhi, India.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

Forward Looking Statements

The foregoing statements regarding the expected backlog from UTStarcom`s new contracts in the Shanxi and Zheijiang Province, expansion contracts for the Guangzhou, Shandong and Hangshou sales offices and the PAS(TM) contract with China Railcom Communications, the continuing strength and popularity of the PAS(TM) technology in China, China`s impending acceptance into the WTO, China`s determination to compete in the global marketplace, the continuing momentum of PAS(tm) deployments and UTStarcom`s resulting confidence and visibility from those deployments are forward-looking in nature and subject to risks and factors that may cause actual results to differ materially. These risks and factors include rapidly changing technology, the changing nature of China`s telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, the termination of significant contracts, partnerships or alliances, particularly with China Railcom Communications, non-recognition of backlog and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[panik]

UTStarcom Signs Key Strategic Partnership With Matsushita Communication Industrial to Develop and Promote 3G W-CDMA Standard Compliant System
First Real 3G Handsets and Voice and Data Applications on UTStarcom and MCI`s W-CDMA Network to be Demonstrated at Beijing Wireless Trade Show
ALAMEDA, Calif., Oct. 18 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced a strategic partnership with Matsushita Communication Industrial Co., Ltd., best known worldwide for its Panasonic brand of digital communication products, to develop a complete end-to-end 3G W-CDMA standard compliant system. The partnership will officially be launched on the opening day of the PT/WIRELESS AND NETWORKS COMM CHINA 2001 Trade Show in Beijing, China from October 23 to 27. During the trade show, various 3G voice and data applications on the W-CDMA system provided by UTStarcom and Matsushita Communication Industrial Co. will be demonstrated.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``UTStarcom has been focused on developing its 3G platform for several years, and with the IP-based core-network, our system is flexible to support multiple access technologies and can easily add new services,`` said Hong Lu, President and CEO of UTStarcom Inc. ``We are dedicated to leading the technology development for 3G, especially in emerging markets such as China. Our goal is to provide best -of-breed solutions for these markets, such as what we have done with our tremendously successful PAS(TM) systems. We are especially pleased to be working with such a strong partner, Matsushita Communication Industrial, on such an important endeavor.`` Lu added, ``UTStarcom`s 3G platform supports both W-CDMA and TD-SCDMA standards allowing for greater operator flexibility.``

With this partnership, UTStarcom and Matsushita Communication Industrial can now provide end-to-end W-CDMA solutions targeting the next generation of communications systems in the global telecommunications marketplace.

``We are very confident in working with UTStarcom to explore the global 3G market,`` said Yasuo Katsura, President of Matsushita Communication Industrial. ``With our combined cutting-edge technology and strength in 3G development and manufacturing, we will be able to fulfill all the various demands from the operators in the 3G field.``

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

About Matsushita Communication Industrial

Matsushita Communication Industrial Co, Ltd., best known worldwide for its Panasonic brand of digital communication products, is a principal subsidiary of Matsushita Electric Industrial Co Ltd. and specializes in four business areas: mobile communications, automotive multimedia, AV & security, and system solutions. One of the world`s first 3G handset manufacturers for trial services in Japan, in fiscal year 2000-2001 the company recorded consolidated sales of 1.060 billion yen (US$8.56 billion). For more information, visit http://www.mci.panasonic.co.jp/english .

Forward-Looking Statements

The foregoing statements regarding UTStarcom and MCI`s plan to develop a complete end-to-end 3GPP W-CDMA standard compliant system to be launched on the opening day of the PT/WIRELESS AND NETOWRKS COMM CHINA Trade Show, the capabilities of the Company`s IP-based core network, UTStarcom`s plan to lead technology development for 3G, especially in emerging markets, UTStarcom`s plan to combine its core network and network support subsystems with MCI`s wireless access subsystems to provide a W-CDMA solution and UTStarcom`s ability to fill the various demands from the operators in the 3G field and its ability to support both W-CDMA and TD-SCDMA standards allowing for greater operator flexibility are forward-looking in nature and subject to risks and factors that may cause actual results to differ materially. These risks and factors include rapidly changing technology, particularly in the 3G field, the changing nature of the global telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the development and deployment of the complete end- to-end 3GPP W-CDMA standard compliant system, the termination of significant contracts, partnerships or alliances, particularly with Matsushita Communication Industrial and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[panik]

UTStarcom Announces Record Third Quarter Results
Quarterly Revenues Up 59% Year Over Year and 22% sequentially
ALAMEDA, Calif., Oct. 23 /PRNewswire/ -- UTStarcom, Inc. (Nasdaq: UTSI - news) today reported its third quarter 2001 results for the period ended September 30, 2001.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Net sales for the third quarter of 2001 increased to $170.5 million, a 59% increase over the $107.4 million in net sales reported in the prior year period. Year to date sales rose to $429.7 million as compared to $241.6 million in the same period in 2000.

Pro forma net income (excluding non-cash charges for stock compensation and amortization) for the third quarter of 2001 increased to $21.7 million, or $0.20 per share, as compared to $15.5 million, or $0.15 per share in the prior year period. Year to date, Pro forma net income (excluding non-cash charges for stock compensation and amortization) was $49.0 million, or $0.46 a share, as compared to $27.1 million, or $0.27 per share for the same period in 2000.

``Once again, we`ve completed another very successful quarter with record revenues and profits by delivering leading edge telecommunications products which are helping our customers in Mainland China and in International markets increase their subscribers, revenues and profits,`` said Mike Sophie, Chief Financial Officer of UTStarcom, Inc.

Actual net income (including stock compensation expense, amortization of intangible assets, in-process research and development costs and beneficial conversion feature) for the third quarter of 2001 was $18.8 million, or $0.17 per share compared to net income of $12.4 million, or $0.12 per share for the third quarter of 2000. Year to date actual net income (including stock compensation expense, amortization of intangible assets, in-process research and development costs and beneficial conversion feature) was $40.4 million, or $0.38 per share as compared to $13.1 million, or $0.13 per share in the prior year period.

``Not only are we intent on delivering strong short-term results, but we are also focused on the long-term,`` said Hong Lu, President and CEO of UTStarcom Inc. ``We continue to introduce new products to market, such as our IP DSLAM product this quarter, in which our technology is aimed at helping the telecom service providers offer IP-based broadband services. ``

Conference Call

UTStarcom will conduct a conference call on Tuesday October 23 at 1:30 p.m. (PDT), which is open to the public. The conference call dial-in numbers are: United States -- 888-276-0010; International -- 612-288-0337.

A replay of the call will also be available from approximately 5:00 p.m. (PDT) on October 23, to 5:00 p.m. (PDT) on October 30. The conference call replay numbers are: United States -- 800-475-6701; International -- 320-365-3844. The access code is 607367.

Investors will also have the opportunity to listen to the conference call and the replay over the Internet through UTStarcom`s Investor Relations web site at: http://www.utstarcom.com/investors/index.html. To listen to the live call, please go to the website at least 15 minutes early to register, download and install any necessary audio software.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. UTStarcom`s products enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a migration path from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based mobile Softswitch platform designed to deliver
wireless and wireline telecom services. WACOS contains a Softswitch
call server with mobility management (VLR/HLR), a group of distributed
multi-service IP gateways and a full suite of operation support systems
modules (OSS), including subscriber management, customer care,
mediation and billing services.


The company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel.

UTStarcom was founded in 1991 and is headquartered in Alameda, California.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the delivery of products that help the company`s customers increase their subscribers, revenues and profits; the company`s continuing introduction of new products, such as its IP DSLAM product; customer acceptance of the Company`s products, continued demand for the Company`s products and the capabilities of the Company`s products are forward-looking in nature and subject to risks and uncertainties. These factors include rapidly changing technology, the changing nature of global telecommunications markets, the termination of significant contracts, reduction or delays in system deployments, product transitions, changes in demand for the Company`s products, general adverse economic conditions and trends and uncertainties such as changes in government regulation and licensing requirements. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3 filed with the Securities and Exchange Commission.

UTStarcom, Inc.
Pro Forma Consolidated Statements of Operations
Excluding Amortization of Deferred Compensation and Amortization
Of Intangible Assets
(In thousands, except per share amounts)
(Unaudited)

Three months ended Nine months ended

Sept. 30, Sept. 30, Sept. 30, Sept. 30,
2001 2000 2001 2000
as restated as restated
(Note 2) (Note 2)

Net sales $170,484 $107,385 $429,712 $241,648

Cost of sales 106,199 70,074 274,083 156,406

Gross profit 64,285 37,311 155,629 85,242

Operating expenses:
Selling, general and
administrative 21,339 11,114 52,991 30,056
Research and development 15,981 10,356 40,622 24,896

Total operating expenses 37,320 21,470 93,613 54,952


Operating income 26,965 15,841 62,016 30,290


Interest and other
income (expenses) 1,328 4,380 3,466 8,191

Equity in income (loss)
of affiliated companies (918) (123) (1,619) (583)

Income (loss) before
income taxes, minority
interest and
cumulative effect of a
change of accounting
principle 27,375 20,098 63,863 37,898

Income tax expense 5,849 3,786 13,533 8,501

Minority interest in
(earnings) of
consolidated subsidiaries 136 (838) (1,291) (1,363)


Income (loss) before
cumulative effect of
change in accounting
principle 21,662 15,474 49,039 28,034

Cumulative effect of
change in accounting
principle -- -- -- (980)

Net income $21,662 $15,474 $49,039 $27,054


Basic earnings (loss)
per share:

Income before cumulative
effect of change in
accounting principle $0.21 $0.16 $0.49 $0.38
Cumulative effect of
change in accounting
principle -- -- -- (0.013)
Net income per share $0.21 $0.16 $0.49 $0.36

Diluted earnings
(loss) per share:

Loss before cumulative
effect of change in
accounting principle $0.20 $0.15 $0.46 $0.28
Cumulative effect of
change in accounting
principle -- -- -- (0.010)
Net income per share $0.20 $0.15 $0.46 $0.27


Weighted average shares
used in per-share
calculation:
- Basic 104,031 94,153 99,261 74,587
- Diluted 110,601 103,517 106,898 100,959


Three months ended Nine months ended
Sept. 30, Sept. 30, Sept. 30, Sept. 30,
2001 2000 2001 2000

1. The above pro forma
statements have been
adjusted to exclude the
following non-cash
expenses:
Stock compensation expense:
Cost of Sales 9 19 33 75
Selling, general
and administrative 491 1,034 1,729 4,085
Research and development 400 842 1,457 6,097
Total stock compensation
expense $900 $1,895 $3,219 $10,257


Amortization of intangible
assets $1,965 $1,224 $5,401 $3,671

2. The results of operations for the three months ended
September 30, 2000, and the nine months ended September 30, 2000,
as previously reported in the Company`s interim 2000 financial
statements filed on Form 10-Q, have been adjusted to reflect the
application of SAB 101 "Revenue Recognition in Financial Statements"
effective January 1, 2000.



UTStarcom, Inc.
Consolidated Statements of Operations
(In thousands, except per share amounts)
(Unaudited)

Three months ended Nine months ended
Sept. 30, Sept. 30, Sept. 30, Sept. 30,
2001 2000 2001 2000
as restated as restated
(Note 2) (Note 2)

Net sales $170,484 $107,385 $429,712 $241,648
Cost of sales 106,208 70,093 274,116 156,481
Gross profit 64,276 37,292 155,596 85,167
Operating expenses:
Selling, general and
administrative 21,830 12,148 54,720 34,141
Research and development 16,381 11,198 42,079 30,993
Amortization of
intangible assets 1,965 1,224 5,401 3,671
Total operating expenses 40,176 24,570 102,200 68,805

Operating income 24,100 12,722 53,396 16,362

Interest and other
income (expenses) 1,328 4,380 3,466 8,191
Equity in income
(loss) of affiliated
companies (918) (123) (1,619) (583)
Income (loss) before
income taxes and minority
interest 24,510 16,979 55,243 23,970
Income tax expense 5,849 3,786 13,533 8,501
Minority interest in
(earnings) of
consolidated subsidiaries 136 (838) (1,291) (1,363)

Income (loss) before
cumulative effect of
change in accounting
principle 18,797 12,355 40,419 14,106
Cumulative effect of
change in accounting
principle -- -- -- (980)
Net income (loss) $18,797 $12,355 $40,419 $13,126

Basic earnings (loss)
per share:

Income (loss) before
cumulative effect of
change in accounting
principle $0.18 $0.13 $0.41 $0.19
Cumulative effect of
change in accounting
principle -- -- -- (0.013)
Net income (loss)
per share $0.18 $0.13 $0.41 $0.18

Diluted earnings (loss)
per share:

Income (loss) before
cumulative effect of
change in accounting
principle $0.17 $0.12 $0.38 $0.14
Cumulative effect of
change in accounting
principle -- -- -- (0.010)
Net income (loss)
per share $0.17 $0.12 $0.38 $0.13


Weighted average shares
used in per-share
calculation:
- Basic 104,031 94,153 99,261 74,587
- Diluted 110,601 103,517 106,898 100,959

Three months ended Nine months ended
Sept. 30, Sept. 30, Sept. 30, Sept. 30,
2001 2000 2001 2000

1. The above statements
include the following
stock compensation
expense:
Cost of Sales 9 19 33 75
Selling, general and
administrative 491 1,034 1729 4,085
Research and development 400 842 1457 6,097
Total stock compensation
expense $900 $1,895 $3,219 $10,257

2. The results of operations for the three months ended
September 30, 2000, and the nine months ended September 30, 2000,
as previously reported in the Company`s interim 2000 financial
statements filed on Form 10-Q, have been adjusted to reflect the
application of SAB 101 "Revenue Recognition in Financial Statements"
effective January 1, 2000.

UTStarcom, Inc.
Consolidated Balance Sheets
(In thousands)
(Unaudited)
Sept. 30, Dec. 31,
2001 2000
(unaudited)

ASSETS
Current assets:
Cash and cash equivalents $275,873 $149,112

Short term investments 94,766 83,858

Accounts receivable, net 210,747 161,330

Receivable from related parties 2,778 406

Inventories, net 202,511 118,995

Other current assets 61,466 17,674

Total current assets 848,141 531,375

Property, plant and equipment, net 36,227 21,999
Long-term investments 18,475 12,397
Goodwill and intangible assets, net 24,045 20,238
Other long term assets 7,005 5,828
Total assets $933,893 $591,837

LIABILITIES AND STOCKHOLDERS` EQUITY
Current liabilities:
Accounts payable $86,052 $44,564
Debt 66,026 43,381
Amounts due to related parties -- --

Income taxes payable 3,557 7,170
Deferred revenue 74,465 31,678
Other 58,965 34,721
Total current liabilities 289,065 161,514

Long-term debt 12,048 12,048
Minority interest in consolidated subsidiaries 6,542 5,956
Stockholders` equity:
Common stock 135 120
Additional paid-in capital 596,795 426,665
Deferred stock compensation (3,045) (6,491)
Retained earnings (deficit) 32,611 (7,808)
Notes receivable from shareholders (610) (314)
Other comprehensive income 352 147
Total stockholders` equity 626,238 412,319

Total liabilities and stockholders` equity $933,893 $591,837

SOURCE: UTStarcom Inc.

[dergeneral]

Immerhin gestern 10 % gestiegen.

Aber für diesen Wert einfahc zu wenig! Ich versteh das nicht. Utstarcom hat ein Rekordgewinn nach dem anderen aber die Aktie bleibt unentdeckt!

Dabei hieß es vor nicht allzu langer Zeit noch :

UTStarcom - Strong Buy (30.03.2000)
Analyst Christopher J. Crespi von Banc of America Securities stufte die Aktie der UTStarcom in einer erstmaligen Eisnchätzung mit Strong Buy ein, 12-Monats-Kursziel: 150 US-Dollar.

Olympia und WCO betritt müsste den Wert doch noch ziehmlich beflügeln oder ???

Der Wert ist hier noch zu unbekannt! In USA wird er gut gehandelt , aber hier fast 0 Umsatz !:-((

Was meint ihr ??
Wo seit ihr alle hin ??
Meldest euch mal !

[panik]

China Telecom Awards $11 Million New Contract to UTStarcom for Its PAS(TM) System in the Henan Province
ALAMEDA, Calif., Nov. 7 /PRNewswire/ -- Continuing expansion across Mainland China, UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced a new contract with China Telecom totaling approximately $11 million for its PAS city-wide access system in a single new city in the Henan Province. This contract will cover an area of about 187 kilometers with approximately 700K inhabitants.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``This new PAS(TM) deployment is indicative of the continued demand and strong ongoing adoption of our PAS(TM) services throughout China,`` said Simon Le, Vice President of Sales for UTStarcom China. ``Additionally, the deployment of our new low-cost handset should bring even more momentum to the PAS(TM) systems` accelerating subscriber base.``

In addition, in this new PAS(TM) network configuration, UTStarcom continues to advance its technology and service offerings by deploying its new high-power and low-power base stations, which will enhance network coverage, indoor penetration and base station handover.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the expected $10 million backlog from the contract with China Telecom for UTStarcom`s PAS system in the Henan Province of China, the continued demand, strong ongoing adoption of the PAS service throughout China, the ability of our new low-cost handset to bring even more momentum to the PAS(TM) systems` accelerating subscriber base, the ability of UTStarcom to continue to advance its technology and service offerings by deploying its new high-power and low-power base stations, and its ability to enhance network coverage, indoor penetration and base station handover are forward-looking in nature and subject to risks and factors that may cause actual results to differ materially. These risks and factors include rapidly changing technology, the changing nature of China`s telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the deployment of the PAS system in the Henan Province of China, the termination of significant contracts, partnerships or alliances, particularly with China Telecom, non-recognition of backlog and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[panik]

UTStarcom CEO Says Post-WTO Environment Will Benefit U.S. Companies That Plan To Make a Long-Term Commitment to Business in China
U.S. Companies Can Successfully Work Side By Side With Chinese Counterparts
SAN FRANCISCO, Nov. 11 /PRNewswire/ -- With the growth of commerce and competition in China after its impending entry into the World Trade Organization (WTO), U.S.-based companies must be willing to demonstrate a long-term commitment to the Chinese economy if they want to be a significant competitor says Hong Lu, CEO of UTStarcom, Inc. (Nasdaq: UTSI - news), a U.S.-based manufacturer and marketer of telecommunications infrastructure technology to China and other rapid-growth global markets. Lu`s comments came as the WTO concluded its fourth Ministerial Conference in Doha, Qatar in which China received its final vote of approval to join the organization.

As leader of a company that has successfully been doing business in China for the past 10 years, Lu says that new foreign entrants should keep in mind a few important principals as they begin entering the country`s markets. ``Patience is a trait that will be required of any company coming into China now,`` he says. ``The transitions brought about by the WTO will be gradual and the government will continue to play a large role in economic activities over the next few years.`` Lu adds, ``It is equally important for new players to remember that China`s government will be more inclined to lend its support to companies that demonstrate a commitment to a long-term presence in China and a willingness to contribute to local economies. Those companies whose dedication to the Chinese economy is clearly evident will be rewarded -- their devotion will pay dividends in the end.``

As part of the country`s admission into the WTO, China has agreed to implement many measures -- including the encouragement of foreign investment - which are designed to enhance the fair competition among foreign and domestic companies. While competition is expected to be intense, UTStarcom`s Lu says U.S. firms, and other foreign companies, should be able to retain their specific advantages alongside their domestic Chinese counterparts. ``As the WTO`s policies take effect, one should expect foreign companies to lead their respective industries in technology, capital, marketing and management practices.`` Lu adds, ``In similar fashion, domestic firms will continue to offer customers superior distribution, manufacturing facilities, and customer service as well as an invaluable knowledge of local markets. This fertile balance should help to allow the changes in Chinese commerce to take root in the county`s new competitive terrain.``

As Lu observes the initial changes about to take place in China, he expects there to be certain industries that will quickly test the strength of the new policies China needs to make in order to enter the WTO. ``Both the telecommunication and information technology markets will be given especially close scrutiny to the way in which these industries open themselves to foreign competition brought about by WTO membership,` he says. ``Having just attained the title as the worlds leading mobile communications market, with over 130 million users, the opportunity in telecom is almost boundless, given the fact those users represent only 10% of the country`s population. With the third largest IT industry in the world China expects to invest more than 1 trillion RMB into IT development over the next five years.`` Lu concludes, ``While the business potential of WTO for companies is still in its infancy, foreign companies should be confident that they can parlay their experience in other markets into success in China if they have the commitment.``

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. UTStarcom`s products enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a migration path from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.`` The company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide
mobile wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based mobile Softswitch platform designed to deliver
wireless and wireline telecom services. WACOS contains a Softswitch
call server with mobility management (VLR/HLR), a group of distributed
multi-service IP gateways and a full suite of operation support systems
modules (OSS), including subscriber management, customer care,
mediation and billing services.


The company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel. UTStarcom was founded in 1991 and is headquartered in Alameda, California.

Forward Looking Statements

The foregoing statements regarding the policies that China will implement to enhance fair competition between foreign and domestic companies, the expectation that foreign companies will lead their respective industries in technology, capital, marketing and management practices in China after the WTO polices take effect, the growth and expansion of the telecommunications and information technology markets in China and the expectation that China will invest more than 1 trillion RMB into IT development over the next five years, are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include changes in the requirements of the WTO for member countries, rapidly changing technology, the changing nature of the telecommunications and information technology markets in China, possible downturns in the Chinese and world economies, and uncertainties such as changes in government regulation in China. The Company also refers readers to the risk factors identified in its Form S-1, Form 10-Q`s and Form 10-K filed with the Securities and Exchange Commission.

SOURCE: UTStartcom, Inc.

[dergeneral]

Hallo Leute !!

Heute war ein doppelseitiger Bericht über UTSTARCOM im Aktionär!

Haben sehr Positib über den Wert geschrieben mit einem vorläufigen Kursziel von 40 !!!

Hat sich doch gelohnt, das ich öfters mal den Aktionär bezüglich UTSTARCOM angeschrieben habe :-)

Hoffe das jetzt ein paar mehr leute auf diesen Super wert
aufmerksam geworden sind.
Und das etwas Bewegung in den Markt kommt!

[dergeneral]

He Leute!!!

wo seit ihr denn alle hin ??
War mal eine rege Diskussion um UTSTARCOM !

Und jetzt ? Habt ihr keine Meinung mehr zu diesem Top Wert ??

[Goossens]

> Und jetzt ? Habt ihr keine Meinung mehr zu diesem Top
> Wert ??

Doch. Läuft doch ganz gut. Zahlen stimmen, die Aussichten auch. Nächstes Jahr könnte die erste Umsatzmilliarde anstehen. Buy and hold würd ich mal sagen. :-)

[panik]

UTStarcom`s Hangzhou Sales Office Announces $17.4 Million in Expansion Contracts for Its PAS(TM) Services in China
ALAMEDA, Calif., Nov. 26 /PRNewswire/ -- Building on its record-breaking $52 million contract for its PAS(TM) city-wide access system just two months ago, UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that its Hangzhou sales office has signed additional contracts totaling approximately $17.4 million to expand the deployment of the original single-city contract in the Zhejiang Province.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``The market environment and opportunities for our PAS(TM) service continue to improve; with more operators utilizing it as a means to provide low-cost mobile service to the masses in order to increase revenues, we see subscriber numbers steadily accelerating,`` said Simon Le, Vice President of Sales for UTStarcom China. ``For example, on the first day of deployment on this original single-city contract, 10,000 new subscribers signed up for the PAS(TM) service. We see this as indicative of very strong demand for our services.``

Further demand for and expansion of UTStarcom`s PAS(TM) systems will be stimulated by the widespread availability of our new low-cost handset, which began shipping in October.

About PAS(TM)

PAS(TM) is a personal wireless access system, which offers the consumer the convenience of a mobile phone with the cost advantages of a fixed-line phone. In contrast to the highly competitive and more costly mobile market, PAS(TM) has the advantage of a 69 gram, 800 hour standby/6 hour talk-time battery handset, with the additional potential for high-speed 64kpb/s data transmission, wireless email and Internet access, all at a lower cost to the consumer. UTStarcom`s PAS(TM) provides city-wide mobile phone service for communities of up to several hundred thousand subscribers at traffic densities of upwards of 15,000 subscribers per square kilometer. The PAS(TM) system is designed to be integrated into the existing wireline network and does not require any modifications to the central office switch or incremental mobile switching hardware adaptations, enabling telephone service providers to efficiently and cost-effectively deploy wireless services for their customers.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Current product offerings include:


-- PAS(TM), which provides voice and data services over city-wide mobile
wireless networks;
-- AN-2000, a broadband and narrowband access system for wireline
networks;
-- WACOS, an IP-based mobile Softswitch platform designed to deliver
wireless and wireline telecom services. WACOS contains a Softswitch
call server with mobility management (VLR/HLR), a group of distributed
multi-service IP gateways and a full suite of operation support system
modules (OSS), including subscriber management, customer care,
mediation and billing services.


Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS services within the Zhejiang Province in China, the expected backlog from the follow-on contracts with China Telecom for its PAS city-wide access system in the Zhejiang Province of China, the increase in the number of operators using the PAS system to increase subscriber numbers and revenue, UTStarcom`s competitive position in the mobile market and the ability for further demand for and expansion of UTStarcom`s PAS(TM) systems to be stimulated by the widespread availability of our new low-cost handset are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, particularly with China Telecom, the direction of future research and development efforts, delays in the deployment of the PAS(TM) in the Zhejiang Province of China, general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[Goossens]

Hmm sieht so aus, als würde UTSI endlich endlich aus der Tradingrange zwischen 13$-25$ ausbrechen. Und das bei einem fallenden Gesamtmarkt und mit hohen Umsätzen. Schön... :-)

[panik]

UTStarcom Selected by China`s Ministry of Information Industry to Participate In 3G Technical Trial of WCDMA Standard
Phase One of Trials to Begin in January 2002
ALAMEDA, Calif., Nov. 29 /PRNewswire/ -- On November 1, 2001, after a formal evaluation process, UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, was officially chosen by the Ministry of Information Industry (MII) as one of a select group of participants in China`s technical trial of 3G mobile networks based on the 3GPP WCDMA standard. The trial`s first phase, which will be conducted by MII`s Research Institute of Telecommunications Transmission (RITT) and 3G Technical Trial Expert Group (3GTEG), will be implemented in the MTNet trial environment, a comprehensive testing facility for mobile communications systems under the management of the RITT. This trial requires each vendor to provide a complete 3GPP R99 compliant system, which includes Node-B, RNC, MSC, GSN, NMS, HLR and others.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``The significance of being selected by MII to participate in these 3G trials in China is monumental,`` said Hong Lu, President and CEO of UTStarcom Inc. ``Any company that hopes to be a 3G player in China, the world`s largest telecommunications market, must be a participant in this initial trial. This trial sets the stage for China`s 3G development, and as one of only a small group of participants chosen worldwide, UTStarcom will be at the forefront of the technological and competitive landscape.`` ``Moreover,`` Lu adds, ``when 3G is commercially launched sometime in 2003, operators, such as China Telecom who utilize our PAS(TM) mobile technology, will have the opportunity to offer a two-tiered mobile voice and data solution for all its customers, from high-end to low-end. This level of service will give them a competitive advantage in the 3G mobile marketplace.``

This technical trial is the first required step in order for equipment vendors to qualify to supply 3G systems and equipment in China. The trials will also provide insight into the selection of different technologies by the various operators in China.

The trial is being conducted in two phases. The first phase, which will begin in January 2002 and last through the end of March 2002, is a single system test. This test will focus on the system compliance, functions, interfaces and other functionalities of each vendor`s platform. The results of the first phase will determine a company`s ability to participate in the second phase, actual field trials which will take place in multiple cities on multiple operators` networks. The second phase of the trial will test the systems equipment, terminals and interoperability between different vendors. The second phase of the trial may last for up to one year and it is forecasted that China will begin its selection of 3G technology after the completion of these trials.

About MTNet

MTNet is a mobile system testing facility, under the management of RITT. The main goal of MTNet is to provide testing results and technical proof of various mobile communications` systems for the Chinese government. MTNet has conducted the technical trials for GSM, narrow-band CDMA, GPRS, and will serve for the trials of all 3G systems in China.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. The Company enables wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Tokyo, Japan, Hong Kong; Tel Aviv, Israel; and New Delhi, India.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

Forward Looking Statements

The foregoing statements regarding UTStarcom`s position at the forefront of the technological and competitive landscape with respect to 3G development in China, the timing of the 3G trials and the forecasted date of 3G technology selection in China are forward-looking in nature and subject to risks and factors that may cause actual results to differ materially. These risks and factors include the Company`s ability to successfully develop products incorporating 3G technology, the successful performance of the Company`s products and systems in the 3G trials, delays in the timing of and the overall success of the 3G trials and the Company`s ability to compete with other developers of products and systems that incorporate 3G technology. The Company also refers the readers to the risk factors identified in its registration statement on Form S-3, its annual report on Form 10-K and its quarterly reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[panik]

[panik]

China Telecom Awards UTStarcom`s Guangzhou Sales Office $13.7 Million In Expansion Contracts for Its PAS(TM) and IP-Based PAS(TM) Services in China
ALAMEDA, Calif., Dec. 3 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced follow-on contracts for its Guangzhou sales office with China Telecom totaling approximately $13.7 million for its PAS(TM) and IP-based PAS(TM) city-wide access systems in four southern coastal provinces in China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``Even as we are expanding our scope of expertise into the telecommunications technology of the future, UTStarcom remains focused on partnering with China Telecom to deploy PAS(TM) technology today to satisfy the overwhelming demand for basic voice and data services that remains for the people of China,`` said Ying Wu, President and CEO of UTStarcom`s China Operations. ``Our IP-Based PAS(TM) system, in particular, is especially designed to migrate voice and data traffic from traditional networks to IP-based 3G wireless networks, thereby allowing China Telecom to be ready for increasing consumer demand and the telecommunications networks of tomorrow.``

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; and Tel Aviv, Israel; Tokyo, Japan and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS services within the four southern coastal provinces in China, the expected backlog from the follow-on contracts with China Telecom for its PAS city-wide access system in the four southern coastal provinces of China, UTStarcom`s competitive position in the mobile market and the ability for the PAS(TM) service to allow China Telecom to be ready for increasing consumer demand and the telecommunications networks of tomorrow are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, delays in the deployment of the PAS(TM), general demand for and acceptance of the Company`s products and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[panik]

China Telecom Awards UTStarcom`s Hangzhou Sales Office Another $12 Million In Expansion Contracts for Its PAS(TM) Systems
ALAMEDA, Calif., Dec. 10 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that its Hangzhou sales office has signed expansion contracts with China Telecom totaling approximately $12 million to expand deployments of its PAS(TM) city-wide access systems in the Zhejiang Province of China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``This type of expansion is characteristic of what we see with our PAS(TM) deployments,`` said Johnny Chou, Chief Operating Officer for UTStarcom China. ``Typically, within a six to nine month period after initial deployment, cities that have adopted our PAS(TM) systems will see their capacity nearing full and decide to expand to meet anticipated future growth. With the availability of our new low-cost handset, this trend continues to accelerate as the service is even more affordable for consumers.``

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS services within the Zhejiang Province in China, the expected backlog from the follow-on contracts with China Telecom for its PAS city-wide access system in the Zhejiang Province of China, are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, particularly with China Telecom, the direction of future research and development efforts, delays in the deployment of the PAS(TM) in the Zhejiang Province of China, general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[dergeneral]

Bin mir sicher, das wir bei UTSTARCOM bald wieder die alten höchststände sehen werden. Jedenfalls eher als bei anderen Werten.
Ich sehe in den nächsten 6 Monaten einen Kurs von 60-65 $.
Was mein ihr dazu ?

UTSI ist doch eigentlich ein schwergewicht oder? Wo genau wird er in den USA gehandelt (gelistet) ?

[nete]

UTStarcom`s Beijing Sales Office Announces $12.2 Million in Expansion Contracts for Its PAS(TM) and IP-Based PAS(TM) Systems With China Telecom
ALAMEDA, Calif., Dec. 17 /PRNewswire/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that its Beijing sales office has signed expansion contracts with China Telecom totaling approximately $12.2 million to expand deployments of its PAS(TM) and IP-based PAS(TM) city-wide access systems in the Henan Province of China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``We believe that the availability of our new low-cost handset is really driving the number of new subscribers on our PAS(TM) systems, said Hong Lu, President and CEO of UTStarcom Inc. ``The pace of new subscriber additions is much faster than it has ever been, which once again, speaks to the demand for low-cost telephony in China and the widespread acceptance of our system, which, we believe is the most cost-effective wireless solution in China and the world.``

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS services within the Henan Province in China, the expected backlog from the follow-on contracts with China Telecom for its PAS city-wide access system in the Henan Province of China, are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, particularly with China Telecom, the direction of future research and development efforts, delays in the deployment of the PAS(TM) in the Henan Province of China, general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.


mfg

[ROTEBLITZ]

WooooooWWWWW

[dergeneral]

CHART DER WOCHE
Das Unternehmen
UTStarcom ist ein Telekommunikationsund
Netzwerkausrüster.Weitere Einzelheiten
können Sie auch im Chart-Check der aktuellen
Ausgabe nachlesen.
Der Chart
Der Kursverlauf von UTStarcom ist trotz
eines bereits beeindruckenden Anstiegs seit
den Septembertiefs nach wie vor sehr vielversprechend.
Die im Bereich von 20 US-Dollar
verlaufende 200-Tage-Linie diente im November
als Unterstützung und führte zur endgültigen
Ausbildung des derzeit gültigen Aufwärtstrends.
In dessen Verlauf konnte ein Widerstandsbereich
um 27 US-Dollar zunächst
gebrochen und später – nach erfolgtem Pull-
Back – vorerst endgültig verlassen werden.
Mittlerweile notiert die Aktie jenseits der Marke
von 30 US-Dollar. Der RSI weist seit Monaten
einen sehr volatilen, leicht ansteigenden
Aufwärtstrend auf und hat jüngst wieder in
positive Richtung gedreht. Der MACD wird in
den nächsten Tagen aller Voraussicht nach ein
Kaufsignal generieren.
Im Rahmen unserer Empfehlung in Ausgabe
47/2001 haben wir eher vorsichtig veranlagten
Anlegern empfohlen, den Ausbruch aus
der breit angelegten Seitwärtsbewegung zwischen
12 und 27 US-Dollar abzuwarten.Dieser
Zeitpunkt ist nun gekommen.
Somit empfehlen wir UTStarcom technisch
abermals zum Kauf. Ein Stop-Loss zur Gewinnabsicherung
sollte unterhalb der Marke
von 27 US-Dollar gelegt werden. ✚

UTSI
Fundamentales:
Name: UTStarcom
Börsenplatz: New York
Aktueller Kurs: 31,15 US-$
Marktkapitalisierung: 3,3 Mrd. US-$
WKN: 934 248
US-Kürzel: UTSI
Unsere Einschätzung:
– Auf aktuellem Niveau empfehlen wir die
Aktie technisch zum Kauf.
– Der Stop-Loss zur Absicherung sollte
unterhalb der Unterstützung bei 27 USDollar
platziert und später kontinuierlich
nachgezogen werden.
– Auch fundamentale Kriterien sprechen
für eine Fortsetzung der Aufwärtsbewegung.
Die China-Fantasie steht erst am
Anfang.
Konjunkturresistent!
UTStarcom

[ROTEBLITZ]

Diese Aktie ist der Überhammer!!!!

Schaut euch diese nachbörsliche NEWS an
UTStarcom Announces $70 Million in New and Expansion Contracts for Its PAS(TM) And IP-Based PAS(TM) Systems in the Sichuan and Zhejiang Provinces of China
UTSI Beats Out Competition With Significant New Contracts
ALAMEDA, Calif., Jan. 7 /PRNewswire/ -- Furthering its penetration in Mainland China and contributing to the strength of its PAS(TM) market share, UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that it has signed contracts valued at approximately $70 million for both new and expansion deployments of its PAS(TM) and IP-Based PAS(TM) systems in the Sichuan and Zhejiang Provinces of China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``Approximately 25% of these new contracts are for our IP-based PAS(TM) systems, which uses our IP-based softswitch platform that can support both the WCDMA and TD-SCDMA 3Gstandards, as well as PAS and regular telephone applications,`` said Ying Wu, CEO of UTStarcom China. ``This technological advantage clearly gives UTStarcom`s PAS(TM) systems a distinct competitive advantage in the marketplace.``

``The continuing strength of our PAS(TM) market share in Mainland China is based on these competitive advantages,`` said Johnny Chou, Chief Operating Officer of UTStarcom China. ``Not only are we the only company in Mainland China whose PAS(TM) platform is designed to support the 3G standards, we are also the only company that offers high-speed 64kpb/s data transmission as well as multiple value added services such as wireless email and Internet access for its PAS(TM) platform. Finally,`` added Chou, ``we continue to offer more handset models with a wide range of functionalities and prices to satisfy every consumer. Our competitive advantage is a result of our ability to understand the needs of the market and our ability to deliver high-quality, cost-effective solutions to meet those needs.``

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS(TM) and IP-Based PAS(TM) systems within the Sichuan and Zhejiang Provinces in China, the expected backlog from the contracts for its PAS(TM) and IP-Based PAS access systems in the Sichuan and Zhejiang Provinces of China, the capabilities of its PAS and IP-Based PAS systems and its IP-Based softswitch platform, UTStarcom`s competitive position in the mobile communications market in Mainland China and its ability to continue to understand the needs of its market and deliver high quality and cost-effective solutions to meet those needs are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of the PAS(TM) in the Sichuan and Zhejiang Provinces of China, general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[dergeneral]

HAllo Rotblitz !

Seit wann hast du denn UTSTARCOM ??

[Goossens]

Sieht so aus, als hätten wir einen ganz guten Fang gemacht UTSI scheint endlich richtig abzugehen; bei den Fundamentaldaten nicht verwunderlich. Ich verkaufe jedenfalls nicht. Buy and hold!

[yala]

Hallo zusammen Panik danke für deinen Einsatz. Bin schon seit 10/00 dabei. Hoffe dass ich nun endlich für meine Geduld belohnt werde. Nun lest dies:

IBD Article
by: wailua2000
Long-Term Sentiment: Strong Buy 01/09/02 12:40 am
Msg: 9996 of 9996

Heck of a informative article in IBD Tuesday on USTI. Wow! What a future in China-tremendous growth ahead. This is a $1000 stock-lots of splits coming up next few years!

oder dies:

On Jan. 3rd
by: thelma_2000_2000 01/08/02 07:40 pm
Msg: 9995 of 9996

Bancorp Piper Jaffary discussed this stock on CNBC and stated that he expects UTSI could reach $200 in two years. This is not hype, he just explained the situation in China and the great potential and future contracts with China could be enormous. He was more than positive on UTSI. Good luck.


Es wäre ja zu schön.......

good luck yala ;-)

[dergeneral]

Hallo Leute

Die Nachrichten werden immer besser. Ich glaube langsam aber sicher wird die Aktie entdeckt. Und jemehr Leute die Aktie kennen und schätzen desto mehr wird sie steigen. Denn wer verkauft eine solch solide und Zukunft sichere Aktie.

Da ich einer der ersten war, der diese Aktie gekauft hat, eine Woche nach IPO, bei 68 Dollar (glaub ich jedenfalls) dauert es wohl noch eine Weile bis ich im Plus bin. Aber ich bin sicher das diese Marke mitte des Jahres geknackt wird.

Vielleicht werde ich auch noch welche nachkaufen, damit mein Einstiegskurs etwas runter geht.

Kann man einer von euch sagen, in welchem Segment UTSI gehandelt wird.

Welche Voraussetzung muß UTSI erfüllen um in den S&P500 aufgenommen zu werden ?
Die Marktkapitalisierung ist doch schon sehr hoch oder ?

Lasst mal von euch hören
Euer General !

[ROTEBLITZ]

Ohne Worte Neuer Jahreshöchststand
35,55$

[ROTEBLITZ]

UTStarcom Closes Out 2001 With 3 Million PAS(TM) Subscribers in Mainland China And 160 Thousand Subscribers in Taiwan
Company Also Signs New Contract With China Railcom to Deploy PAS(TM) Services In University Campus Area of Beijing
ALAMEDA, Calif., Jan. 16 /PRNewswire-FirstCall/ -- In a strong finish to a stellar year, UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that the number of subscribers using its PAS(TM) and IP-based PAS(TM) city-wide wireless access systems in Mainland China has increased to approximately 3.0 million as of Dec. 31, 2001 a record addition of 1 million subscribers in Q4 2001.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``We are extremely pleased and encouraged by the enormous number of subscriber additions achieved in the fourth quarter of 2001,`` said Hong Lu, President and CEO of UTStarcom Inc. ``We believe that this is indicative of the strength of China`s telecom market and the continued need of the consumer in Mainland China for basic phone and data services at an affordable price. Furthermore, we believe that China Telecom, UTStarcom`s primary PAS(TM) customer in Mainland China, has made the deployment of wireless access systems such as our PAS(TM) systems a priority as they seek to increase their number of customers and revenues. We believe we can capitalize on this with our competitive advantage of offering multiple value added services and variety of handsets.``

Initial Success in Taiwan

Since the PAS(TM) service was initially launched in Taiwan in June, 2001, the cumulative number of subscribers has reached 160,000 as of the end December, with an average revenue per user is $17-$21 USD per month. This success has turned into increased revenues for the service provider, FITEL. Future plans for the service include expanded coverage to the Tao Yuan and Hshin Chu areas of Taiwan with a combined population of just over 2 million and the use of PAS(TM) as an enterprise solution in office, hospital, department store and campus environments. Early successes of enterprise uses include deployments in several hospitals in the Taipei area, the SOGO department store, and ASUS Computer Inc., the second largest computer components manufacturer in Taiwan. Additional plans include the introduction of a new color screen handset available in mid-January. Furthermore, FITEL has also set benchmarks of 300,000 subscribers by the end of Q2 2002, island-wide coverage by 2003 and international roaming services.

New Contract with China Railcom

In addition, the company has won a new PAS(TM) contract from China Railcom in the Oriental University City in Beijing, China.

This new PAS(TM) system, with an initial capacity of 2,000 subscribers, will be deployed in the Oriental University city, which is a concentrated campus area located in the southeastern region of Beijing. To date, this is UTStarcom`s second PAS(TM) contract with China Railcom Communications, having signed a similar contract in August to deploy a PAS(TM) system in Shanghai. The Oriental University city in Beijing is the first and largest concentrated campus area in China, which currently has more than 20,000 students that live and study in the campus area.

``We believe that the PAS system is very suitable for campus, student and staff residential areas and other concentrated living communities. The system provisioning is very fast, and the expansion capabilities are very flexible,`` said Huo Jun, General Manager of China Railcom`s Beijing branch. ``We are also pursuing other similar applications for our PAS(TM) systems; and we are going to utilize various marketing methods for this project, such as, handset rental for the students, and value added data services on the system platform.``

China Railcom Communications is the second largest fixed-line operator in China. Originally the largest private communications network serving China`s railway system, CRC was officially founded on December 26, 2000 after internal structure reform. CRC`s telecom services include local fixed-line, long distance, data service, IP telephony and satellite services by both wireline and wireless access. According to published reports by CRC, they have set a goal of 15-30 million fixed-line subscribers by the end of 2005.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s belief that consumers in China have a continuing need for basic phone and data services at an affordable price, the Company`s belief that China Telecom has made the deployment of wireless access systems such as PAS(TM) a priority, the Company`s expectation that it can capitalize on any such additional deployment and any increases in China Telecom`s subscriber base through its value added services and variety of handsets, the future plans of FITEL, which include expanded PAS(TM) coverage, the use of PAS(TM) as an enterprise solution, the introduction of a color screen handset, a subscriber base of 300,000, island wide coverage and international roaming services, the deployment of PAS(TM) services within the Oriental University City campus area in Beijing, the capabilities of the PAS(TM) system when used by China Railcom Communications (``CRC``) and the suitability of the PAS(TM) systems within campus, student and staff residential areas and other concentrated living communities, the ability of CRC to successfully employ additional applications for the PAS(TM) system and succeed in its marketing efforts of those applications, and CRC`s goals for 15-30 million fixed-line subscribers by the end of 2005 are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include the changing nature of telecommunications, particularly in Mainland China and Taiwan, a change in consumer demand for basic phone and data services in China, whether China Telecom has made, and will continue to make, the deployment of PAS systems a priority, whether FITEL will maintain and achieve its goals relative to future PAS(TM) deployments and uses, the accuracy of estimates by China Telecom, FITEL and CRC relating to the number of future subscribers and business growth, whether the Company can capitalize on any such increases, cancellations of key partnerships and alliances, particularly with China Telecom, CRC and FITEL, the direction of future research and development efforts, delays in the deployment of the PAS(TM) in the campus area of Beijing, general demand for and acceptance of the Company`s products and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[dergeneral]

Donnerstag, 17. Januar 2002
Einstufung
Credit Suisse First Boston stufte
UTSTARCOM INC folgendermaßen ein:
langfristig Strong buy


Unternehmen
UTStarcom Inc.
Analysten-Einstufung

Branchen
IT-Hardware - Netzwerktechnik / Datenübertragung


Die Analysten der Credit Suisse First Boston stuften die Aktien der UTStarcom Inc. erneut mit einem "Strong buy"-Rating ein.




Das mittelfristige Kursziel wurde von 35,00 USD auf 36,00 USD erhöht.

[ROTEBLITZ]

UTStarcom Strengthens Its Broadband Access Capabilities With Acquisition Of Advanced Communication Devices
ALAMEDA, Calif., Jan. 24 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that as of December 31, 2001, the Company has completed the acquisition of Advanced Communication Devices Corp. (``ACD``), a System on Chip (SoC) semiconductor company focusing on LAN and IP switching technology whose current markets include Taiwan, China and Korea.

``We are very enthusiastic about adding ACD`s expertise to enhance our broadband product portfolio,`` said Bill Huang, Chief Technology Officer of UTStarcom Inc. ``The future growth of wireline access networks will depend on delivering carrier class broadband access solutions equal in function and cost to that of the PSTN solutions. ACD gives us in-house ASIC capabilities to support the development of our future broadband access solutions.``

``We believe ACD adds leading edge SoC ASIC design capability to UTStarcom,`` added Jay Deng, President of ACD. ``Our unique network switching and broadband access IC technologies are strategically important to UTStarcom in that, we believe they enable the most technologically advanced and cost effective next generation access solution. In addition, UTStarcom offers ACD great growth potential with its strong presence in the telecommunications market, especially in Mainland China.``

Under the terms of the agreement, UTStarcom paid ACD $20 million in the form of 996,016 shares of common stock with an additional $5 million in deferred compensation to be paid when earn-out milestones are met by ACD. Charges related to the acquisition for Q4 2001 are, $4.72 million for in-process R&D and $1.25M in deferred compensation. The Company believes this acquisition will have no impact on pro forma earnings per share

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the future growth of wireline access networks, the Company`s ability to develop technologically advanced and cost effective next generation access solutions based on ACD`s network switching and broadband access IC technologies are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, the direction and results of future research and development efforts, evolving product and applications standards, demand for and acceptance of the Company`s products and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[ROTEBLITZ]

WOWWWWWWWWWWWWWWWWW


UTStarcom Reports Record Fourth Quarter and Full-Year 2001 Results
Quarterly Revenues Up 55% and Full Year Revenues Up 70% Year Over Year Record Backlog of $360.7 Million Increases Visibility Going-Forward Operating Cash-Flow Positive - $39.7 Million for Full-Year 2001
ALAMEDA, Calif., Jan. 28 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - news) today reported its fourth quarter and full-year 2001 results for the period ended December 31, 2001.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Net sales for the fourth quarter of 2001 increased to $197.1 million, a 55% increase over the $127.0 million in net sales reported in the prior year period. Full-year 2001 sales rose to $626.8 million as compared to $368.6 million in 2000, a 70% increase year over year.

Pro forma net income for the fourth quarter of 2001 increased to $27.2 million, or $0.24 per share, as compared to $16.4 million, or $0.16 per share in the prior year period. Full-year 2001 pro forma net income was $77.8 million, or $0.72 a share, as compared to $43.5 million, or $0.43 per share for the full-year 2000.

``Once again, we`ve completed another phenomenal quarter and year with record revenues and profits by continuing to deliver on our stated promises of providing leading edge telecommunications products to our customers in Mainland China and other strategic international markets such as Japan, Taiwan and India,`` said Hong Lu, President and CEO of UTStarcom Inc. During 2001, we experienced strong growth in our existing product lines and swift acceptance of the new products we introduced during the year.``

Actual net income for the fourth quarter of 2001 was $16.5 million, or $0.14 per share compared to net income of $13.9 million, or $0.13 per share for the fourth quarter of 2000. Full-year actual net income was $57.0 million, or $0.52 per share as compared to $27.0 million, or $0.27 per share in 2000.

``We ended 2001 with $360.7 million in backlog compared to $191.2 million in backlog at the close of 2000,`` said Mike Sophie, Chief Financial Officer of UTStarcom Inc. ``This significant backlog is indicative of the strong demand for our products and the rapid growth we experienced in 2001. In addition, we are pleased to say that we closed the year with $407.3 million in cash and short term investments on our balance sheet, up from $233.0 million at the end of 2000, a reflection of our Company being operating cash flow positive for the year and our strong follow-on stock offering in the second quarter.``

Pro forma net income for the fourth quarter and full year 2001 excludes non-cash charges relating to stock compensation expense, amortization of intangibles, investment impairment losses and in-process research and development. Pro forma net income reported in prior periods did not exclude investment impairment losses. In fiscal 2000, the Company had no investment impairment losses or write-downs.

Conference Call

UTStarcom will conduct a conference call to discuss fourth quarter and full-year 2001 earnings results and provide forward-looking financial guidance. The call will be held on Monday January 28 at 1:30 p.m. (PST), which is open to the public. The conference call dial-in numbers are: United States -- 877-531-2986; International -- 612-338-1917.

A replay of the call will also be available from approximately 5:00 p.m. (PST) on January 28, to 11:59 p.m. (PST) on February 2. The conference call replay numbers are: United States -- 800-475-6701; International -- 320-365-3844. The access code is 622098.

Investors will also have the opportunity to listen to the conference call and the replay over the Internet through UTStarcom`s Investor Relations web site at: http://www.utstarcom.com/. To listen to the live call, please go to the website at least 15 minutes early to register, download and install any necessary audio software.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. UTStarcom`s products enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a migration path from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

The company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo, Japan; New Delhi, India and Tel Aviv, Israel.

UTStarcom was founded in 1991 and is headquartered in Alameda, California.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

This release contains forward-looking statements, including the statements regarding demand for the Company`s products, and regarding growing markets for the Company`s products. These statements are subject to risks and uncertainties that could cause actual results to differ materially. Such factors include rapidly changing technology, the changing nature of global telecommunications markets, particularly in China, the termination of significant contracts, the direction and results of future research and development efforts, evolving product and applications standards, reduction or delays in system deployments, product transitions, potential non-realization of backlog, changes in demand for and acceptance of the Company`s products, general adverse economic conditions, and trends and uncertainties such as changes in government regulation and licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, its Annual Report on Form 10-K, and its Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.


UTStarcom, Inc.
Pro Forma Consolidated Statements of Operations
(In thousands, except per share amounts)
(Unaudited)

Three months ended Twelve months ended
Dec. 31, Dec. 31, Dec. 31, Dec. 31,
2001 2000 2001 2000

Net sales $197,128 $126,998 $626,840 $368,646
Cost of sales 128,167 83,968 402,251 240,375
Gross profit 68,961 43,030 224,589 128,271
Operating expenses:
Selling, general and
administrative 20,274 13,324 73,265 43,379
Research and
development 16,527 9,761 57,149 34,657
Total operating
expenses 36,801 23,085 130,414 78,036

Operating income 32,160 19,945 94,175 50,235

Interest and
other income
(expenses) 981 2,639 6,023 10,829
Equity in income
(loss) of
affiliated
companies 343 295 (1,276) (288)
Income (loss)
before income
taxes, minority
interest and
cumulative
effect of a
change of
accounting
principle 33,484 22,879 98,922 60,776
Income tax expense 6,290 5,521 19,823 14,021
Minority interest
in (earnings) of
consolidated
subsidiaries (32) (944) (1,322) (2,307)

Income (loss)
before
cumulative
effect of
change in
accounting
principle 27,162 16,414 77,777 44,448
Cumulative
effect of
change in
accounting
principle -- -- -- (980)
Net income $27,162 $16,414 $77,777 $43,468

Basic earnings
(loss) per
share:

Income before
cumulative
effect of
change in
accounting
principle $0.25 $0.17 $0.77 $0.56
Cumulative
effect of
change in
accounting
principle -- -- -- (0.01)
Net income
per share $0.25 $0.17 $0.77 $0.55

Diluted earnings
(loss) per
share:

Income before
cumulative
effect of
change in
accounting
principle $0.24 $0.16 $0.72 $0.44
Cumulative
effect of
change in
accounting
principle -- -- -- (0.01)
Net income
per share $0.24 $0.16 $0.72 $0.43

Weighted average
shares used in
per-share
calculation:
- Basic 107,877 94,909 101,433 79,696
- Diluted 114,534 103,317 108,612 101,867


Three months ended Twelve months ended
Dec. 31, Dec. 31, Dec. 31, Dec. 31,
2001 2000 2001 2000

(A) The above unaudited
pro forma statements
have been adjusted
to exclude the
following non-cash
expenses:

Stock compensation
expense:
Cost of Sales $8 $15 $41 $90
Selling, general and
administrative 770 591 2499 4,676
Research and
development 1203 698 2660 6,795
Total stock
compensation
expense $1,981 $1,304 $5,200 $11,561

Amortization
of intangible
assets $2,126 $1,223 $7,527 $4,894

In-process
research and
development $4,720 $-- $4,720 $--

Impairment in
investment
portfolio $1,800 $-- $3,376 $--


UTStarcom, Inc.
Consolidated Statements of Operations
(In thousands, except per share amounts)
(Unaudited)

Three months ended Twelve months ended
Dec. 31, Dec. 31, Dec. 31, Dec. 31,
2001 2000 2001 2000

Net sales $197,128 $126,998 $626,840 $368,646
Cost of sales 128,175 83,983 402,292 240,465
Gross profit 68,953 43,015 224,548 128,181
Operating expenses:
Selling, general and
administrative 21,044 13,915 75,764 48,055
Research and
development 17,730 10,459 59,809 41,452
Amortization of
intangible assets 2,126 1,223 7,527 4,894
In-process research
and development 4,720 -- 4,720 --
Total operating
expenses 45,620 25,597 147,820 94,401

Operating income 23,333 17,418 76,728 33,780

Interest and other
income (expenses) (819) 2,639 2,647 10,829
Equity in income
(loss) of
affiliated
companies 343 295 (1,276) (288)
Income (loss)
before income
taxes and
minority interest 22,857 20,352 78,099 44,321
Income tax expense 6,290 5,521 19,823 14,021
Minority interest
in (earnings) of
consolidated
subsidiaries (32) (944) (1,322) (2,307)

Income (loss)
before
cumulative
effect of
change in
accounting
principle 16,535 13,887 56,954 27,993
Cumulative
effect of
change in
accounting
principle -- -- -- (980)
Net income
(loss) $16,535 $13,887 $56,954 $27,013

Basic earnings
(loss) per
share:

Income (loss)
before
cumulative
effect of
change in
accounting
principle $0.15 $0.15 $0.56 $0.35
Cumulative
effect of
change in
accounting
principle -- -- -- (0.01)
Net income
(loss) per
share $0.15 $0.15 $0.56 $0.34

Diluted earnings
(loss) per
share:

Income (loss)
before
cumulative
effect of
change in
accounting
principle $0.14 $0.13 $0.52 $0.28
Cumulative
effect of
change in
accounting
principle -- -- -- (0.01)
Net income
(loss) per
share $0.14 $0.13 $0.52 $0.27

Weighted average
shares used in
per-share
calculation:
- Basic 107,877 94,909 101,433 79,696
- Diluted 114,534 103,317 108,612 101,867


Three months ended Twelve months ended
Dec. 31, Dec. 31, Dec. 31, Dec. 31,
2001 2000 2001 2000

(A) The above statements
include the following
stock compensation
expense:
Cost of Sales $8 $15 $41 $90
Selling, general and
administrative 770 591 2,499 4,676
Research and
development 1,203 698 2,660 6,795
Total stock
compensation
expense $1,981 $1,304 $5,200 $11,561


UTStarcom, Inc.
Consolidated Balance Sheets
(In thousands)
(Unaudited)

Dec. 31, Dec. 31,
2001 2000

ASSETS
Current assets:
Cash and cash equivalents $321,136 $149,112
Short term investments 86,176 83,858
Accounts receivable, net 193,046 161,330
Receivable from related parties 1,670 406
Inventories, net 229,050 118,995
Other current assets 65,397 17,674
Total current assets 896,475 531,375
Property, plant and equipment, net 43,942 21,999
Long-term investments 17,818 12,397
Goodwill and intangible assets, net 38,992 20,238
Other long term assets 8,653 5,828
Total assets $1,005,880 $591,837

LIABILITIES AND STOCKHOLDERS` EQUITY
Current liabilities:
Accounts payable $83,649 $44,564
Debt 58,434 43,381
Income taxes payable 10,536 7,170
Deferred revenue 76,424 31,678
Other 76,329 34,721
Total current liabilities 305,372 161,514

Long-term debt 12,048 12,048
Minority interest in
consolidated subsidiaries 6,573 5,956

Stockholders` equity:
Common stock 138 120
Additional paid-in capital 634,947 426,665
Deferred stock compensation (2,295) (6,491)
Retained earnings (accumulated deficit) 49,146 (7,808)
Notes receivable from shareholders (381) (314)
Other comprehensive income 332 147
Total stockholders` equity 681,887 412,319

Total liabilities and
stockholders` equity $1,005,880 $591,837

SOURCE: UTStarcom, Inc.

[dergeneral]

HAllo zusammen ?

Einer eine Erklärung für den Kursverlauf -7 % ?????? :-(

[ROTEBLITZ]

general!

Bleib locker!

Du hast eine TOP Aktie!

Es läuft momentan sell on good News! Leider!

Utsi hat die Prognoen für das nächste Quartal nochmal angehoben!


Also cool bleiben!

mfg

[dergeneral]

@Rotblitz

He keine Sorge, ich bleib ruhig. Ich habe Utstarcom schon sehr lange. Gleich nach dem IPO habe ich zugeschlagen.
Habe sie bei 68$ gekauft.

Wenn ich nicht so sicher bei dem Wert wäre, hätte ich sie schon längst verkauft. So habe ich damals bei 20€ zugekauft !!!

[ROTEBLITZ]

Tuesday January 29, 7:24 am Eastern Time
UTStarcom`s Q4 sales surge 55 pct on China growth
(UPDATE: Rewrites, adds analysts` comments)

By Jonah Greenberg

BEIJING, Jan 29 (Reuters) - Telecoms equipment maker UTStarcom (NasdaqNM:UTSI - news) said on Tuesday its fourth-quarter sales rose 55 percent on year as the China-focused firm bucked a global slump in the sector.
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Two analysts said the results were impressive, but market observers said the firm`s near-term hopes are pinned largely on a low-cost wireless service with an unclear regulatory status in China.

``We are quite happy with the results,`` said Kirk Yang, analyst with Credit Suisse First Boston in Hong Kong, who on Tuesday raised his share price target to $38 from $35.

Shares in Nasdaq-listed UTStarcom, which closed at $31.32 on Monday, were up about 100 percent since trading resumed days after the September 11 attacks on New York and Washington.

Sales for the firm, based in Alameda, California, reached $197.1 million in the quarter, compared to $127 million a year earlier, the company said in a statement.

UTStarcom ended 2001 with a record backlog of $360.7 million of deals agreed but not completed, chief financial officer Mike Sophie said in the statement.

The firm`s pro forma earnings were $27.2 million in the quarter, up from $16.4 million in the year-earlier period, the statement said.

UTStarcom`s actual net income was $16.5 million, or 14 cents per share, compared to $13.9 million, or 13 cents per share, a year earlier.


THE FUTURE OF `PAS` IN CHINA

UTStarcom has said it has a market share of about 60 percent for the network gear and handsets used by China Telecom`s wireless ``Xiao Lingtong`` service, which grew rapidly last year to about five million subscribers.

That service, roughly translated as ``Little Smart``, uses a standard called PAS, or personal access system, which is built onto a city`s fixed-line network and is less expensive than the GSM or CDMA cellular standards used in China.

While the niche of selling PAS gear in China has fuelled UTStarcom`s growth -- and made up about 90 percent of UTStarcom`s sales last year -- some analysts were unsure about the future growth of the Little Smart service in China.

In an industry overhaul, China will split up China Telecom this year and give the resulting carriers cellular licences.

Some analysts question whether those carriers would continue investing in PAS networks after they got their hands on coveted GSM or third-generation (3G) cellular networks.

``If you look at Wu Jichuan`s plans for restructuring, Xiao Lingtong hasn`t really been addressed,`` said Francis Cheung, a telecoms analyst with Merrill Lynch in Hong Kong, referring to China`s top telecoms official.

But CSFB`s Yang said China Telecom and its emerging rival were likely to continue investing in PAS, which costs subscribers in China`s cost-conscious market less than half the price of GSM cellular service.

``PAS focuses on a different customer segment from the GSM segment, so the overlap is minimal,`` he said.

[dergeneral]

Ach Mensch, was soll denn das ?

Dachte wir gehen auf die 40 zu dabei sind wir jetzt wieder auf 21 !?!?!

HEute ein Strong buy , aber -15 % ???

Schaut mal hier >> http://www.marketone.de/research/allgemein.php?ID=10963

Immer gute Informationen , zum Teil auch in Deutsch !!!

Wist ihr was los ist ? Was hat Softbank vor ??

[optical]

@dergeneral
softbank wird aktien verkaufen...deshalb der druck!

Bin bei 30 eingestuegen..zum Glück +- o verkauft.


ist unter Beobachtung..werde ich auf jedenfall kaufen!

gruß

[dergeneral]

@ optical

HI, neu bei UTSTARCOM ???

Bin kurz nach IPO rein , bei 65 $

HAbe schon einiges mitgemacht bei der Aktie, werde auch dies überstehen, bin von dem Wert überzeugt !

Bekommen ein Strong Buy nach dem anderen, keine Gewinnwarnungen etc....

Müssten schon lange wieder bei 65 $ sein ;-)

[optical]

Nein nicht neu..kenne Wert schon lange..Die Zahlen sind klasse!


Im augenblick wird UTSI Druck haben.....


Mal sehen ob die 20$ halten!


gruß

[dergeneral]

Mal sehen wann sich Rotblitz und Panik melden ?

Wer weis ob die die Aktie noch haben, oder ob ich der letzte bin ;-)

Was meint ihr? Ist der Verkauf gut oder schlecht für UTSTARCOM auf langer Sicht ?
Warum verkaufen sie ? Brauchen dir nur Geld oder hat es was mit UTSI zu tun ?

[optical]

Ich würde das nicht überbewerten..das Softbank .UTSI Aktien verkauft!


Die brauichen jeden Pfennig..den geht es doch dreckig..wie jeder Venture Capital Firma!


Der Zeitpunkt ist sehr ungünstig..hätten sie das bei 30-32$ angekündigt.,.da war der Nasaq in einer besseren Verfassung


gruß

[ROTEBLITZ]

UTStarcom Signs New Contracts in the Amount of $10.7 Million for Its IP-Based PAS(TM) Systems in the Guangxi and Shanxi Provinces in China
ALAMEDA, Calif., Feb. 5 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced new contract wins totaling approximately $10.7 million for its IP-Based PAS(TM) city-wide wireless access systems in the Guangxi and Shanxi provinces of China. These new contracts emphasize the continued expansion of the IP-Based PAS(TM) presence throughout Mainland China. Guangxi is one of China`s less-affluent western provinces while Shanxi is located in the northern region of China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``Our PAS(TM) systems are ideal for these provinces as it is able to quickly and economically deploy wireless services in urban or suburban areas where telecom infrastructure is still in great demand,`` said Simon Le, Vice President of Sales for UTStarcom China. ``Our PAS(TM) systems can be deployed to create high-capacity wireless networks capable of providing both voice and data services within a city or community. We believe that `last-mile` construction will continue to be one of the top priorities for telecom operators in China in their effort to boost tele-density and that the PAS(TM) system is one of most cost-effective solutions to achieve that goal by providing the best quality wireless voice and data service on the market.``

About IP-based PAS

IP-based PAS(TM) is the latest innovation to UTStarcom`s PAS(TM) product, which enables local telephone operators to provide telephone service to consumers within a specific city or community, using small mobile (not cellular) handsets, with the signal traveling across low-cost, conventional fixed telephone lines.

This new IP-telecom product is based on UTStarcom`s mSwitch IP Platform and offers high quality voice and 64kbps data service as well as value added services to the end user. Additionally, IP-Based PAS(TM) is designed to help local telephone service operators eventually migrate voice and data traffic from conventional circuit-switched (TDM) networks to IP-based 3G wireless broadband networks. The technology provides a convenient and efficient solution to migrating legacy wireline and wireless infrastructure to next generation all-IP networks. A multiple-edge access service can subsequently be converted to an IP-based broadband Metropolitan Area Network covering most urban areas through mSwitch IP backbone interconnections, offering multi-protocol SoftSwitch capabilities. mSwitch is also designed to enable next generation networks such as 3G W-CDMA and TD-SCDMA to be built upon the mSwitch all-IP core network technology.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, mSwitch and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to deploy its IP-Based PAS(TM) systems in the Guangxi and Shanxi Provinces of China, the Company`s estimate of the amount of backlog from these IP-Based PAS(TM) contracts in these provinces, expectations regarding the future deployments of our IP-Based PAS(TM) systems, and the continued top priority of last-mile construction by telecom operators as a way to increase tele-density, cost-effectiveness and superior quality voice and data services are forward-looking in nature and subject to risks and factors that may cause actual results to differ materially. These risks and factors include rapidly changing technology, the changing nature of China`s telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the installation and deployment of the PAS(TM) networks in the Guangxi and Shanxi provinces, the termination of significant contracts, partnerships, or alliances in the Guangxi and Shanxi provinces, non-recognition of backlog and uncertainties such as changes in government regulation and licensing requirements. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[ROTEBLITZ]

UTStarcom, Inc. Announces Intention to File Registration Statement for Partial Sale of Shares Owned by SOFTBANK AMERICA INC
ALAMEDA, Calif., Feb. 6 /PRNewswire-FirstCall/ -- UTStarcom, Inc., (Nasdaq: UTSI - news), today announced that it has been notified by SOFTBANK Corp. of its desire to sell a portion of their outstanding shares of UTStarcom Inc. Common stock held by SOFTBANK AMERICA INC. To that end, UTStarcom intends to file a registration statement with the Securities and Exchange Commission within the next week to register 10 million shares of common stock held by SOFTBANK AMERICA INC. The shares will be sold in an underwritten offering. Neither the Company nor management intends to sell any of its shares in this offering. As a part of this registration, SOFTBANK Corp. has agreed to sign a ``180-day Lock-Up Agreement,`` prohibiting the sale of any additional shares during that period.

(Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
SOFTBANK Corp., the single largest shareholder of UTStarcom Inc. stock with approximately 40% of total shares outstanding, has indicated that its intention to sell these shares is based on their desire to increase their cash position for general operating purposes.

The registration statement relating to the common stock has not yet been filed with the Securities and Exchange Commission. The shares of common stock may not be sold and offers to buy may not be accepted before the registration statement is filed and becomes effective. This news release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

UTStarcom provides communications equipment for service providers that operate wireless and wireline networks in rapidly growing communications markets. To date, substantially all of UTStarcom`s sales have been to service providers in China.

NOTE: UTStarcom and the UTStarcom Logo are registered trademarks of UTStarcom, Inc.

SOURCE: UTStarcom Inc.

[ROTEBLITZ]

UTStarcom`s Kunming Sales Office Announces $43.7 Million in New Contracts For Its PAS(TM) and IP-Based PAS(TM) Systems in the Yunnan Province of China
ALAMEDA, Calif., March 4 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that it has signed contracts valued at approximately $43.7 million for its PAS(TM) and IP-Based PAS(TM) city-wide wireless access systems in 8 cities in the Yunnan Province in the South-Western region of China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
These new contracts represent the continued expansion of the PAS(TM) presence throughout Mainland China. In an effort to conjunction with China`s ``Develop the West`` campaign, UTStarcom is bringing future-ready communications technology to China`s less affluent and less developed western provinces in an effort to create a telecommunications infrastructure that can compete with that of the more developed coastal provinces.

``Our PAS system is ideal for these newly developing provinces as it is able to transform existing copper networks into high-capacity wireless networks capable of providing both voice and data services within a city or community,`` said Hong Lu, UTStarcom`s President and Chief Executive Officer. ``PAS is the perfect solution for quickly and economically deploying wireless services in urban or suburban areas where minimum or no cable infrastructures exist.``

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS(TM) and IP-Based PAS(TM) systems within the Yunnan Province in China, the expected backlog from the contracts for its PAS(TM) and IP-Based PAS access systems in the Yunnan and Province of China, the capabilities of its PAS and IP-Based PAS systems, UTStarcom`s competitive position in the mobile communications market in Mainland China and its ability to continue to understand the needs of its market and deliver high quality and cost-effective solutions to meet those needs are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of the PAS(TM) in the Yunnan Province of China, general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[ROTEBLITZ]

Thursday March 7, 7:09 am Eastern Time
UTStarCom To Invest $25 Million In India Over Five Years

NEW DELHI -(Dow Jones)- Telecommunications access equipment manufacturer UTStarcom Inc. (NasdaqNM: UTSI - news) (UTSI) plans to invest at least $25 million in India over the next five years to set up a research and development unit.

"It`s ($25 million) not an absolute number. If needed, our company is extremely capable of increasing that number," said Hong Liang Lu, UTStarcom CEO.

UTStarcom`s management team expects to see the Indian operations grow faster than its China operations did. The company started its operations in China 10 years ago....

[ROTEBLITZ]

Thursday March 7, 7:59 am Eastern Time
UTStarcom set to grow 2002 revenues by 29-32 pct
By Santosh Menon

NEW DELHI, March 7 (Reuters) - U.S.-based telecoms gear maker UTStarcom Inc is sticking by its forecast to increase its 2002 revenues by 29-32 percent from a year earlier, a rare target given the global slump in the sector, its chief said on Thursday.
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Alameda, California-based UTStarcom (NasdaqNM:UTSI - news) reported a 70 percent jump in revenues for 2001 to $626.8 million. UT Starcom`s president and chief executive officer, Hong Liang Lu, told reporters in the Indian capital that his company expected 2002 revenues to be around $810-830 million.

``This is our current guidance. We will be able to have a clearer picture after Q1 (first quarter),`` he said.

``We`re not guiding down the forecasts and that`s significant,`` he added, when asked how business looked a little over two months into the first quarter.

UTStarcom makes wireline and wireless broadband access and switching equipment that allows telecoms service providers to offer voice, data and Internet access services.

The firm is among several global telecoms majors to start development centres in India. Motorola (NYSE:MOT - news), Lucent (NYSE:LU - news) and Ericsson (NasdaqNM:ERICY - news) have all established development units in the country, hoping to take advantage of its pool of skilled, low-cost engineers.

UTStarcom on Thursday launched a research and development centre in Gurgaon, an emerging software hub on the outskirts of New Delhi, with 20 engineers.

The centre, the firm`s first outside the United States and China and in which it plans to invest $25 million over five years, will focus on local development work.


FOCUS ON INDIA

UTStarcom, whose operations in China account for most of its revenues, views India as its next big strategic destination after China and hopes to corner a big slice of the market, expected to be the world`s fastest growing this decade.

``India is going to become second only to China in the next two-three years... India`s growth (rate) will exceed that seen in China in the past,`` Hong Lu said.

India, with around 35 million fixed-line and 5.5 million mobile connections now, has about four telephones per 100 people. This is below the global average of 15 and way too low given its billion-plus population.

Neighbouring China had 145 million mobile and 179 fixed-line users at the end of 2001.

The Indian government has set a target of boosting connections to 100 million by 2005, and in the past two years has thrown open most of the telecoms business to unlimited competition, including foreign competition.

Global technology research firm Gartner Inc said last August it expected India`s mobile phone industry to grow by a compounded 52.5 percent through 2005 to 30.9 million subscribers, double China`s 26 percent growth.

Fixed-line subscribers were forecast to jump to 83 million by 2005, it said. UTStarcom, which started operations in India last May, has signed on five Indian fixed-line telephone service companies as clients, a company statement said.

It has also licensed local telecoms equipment maker Himachal Futuristic Communications Ltd to manufacture one of its core products, a multiservice wireline access platform, for sale in India, the statement added.

[ROTEBLITZ]

ALAMEDA, Calif., Mar 19, 2002 /PRNewswire-FirstCall via COMTEX/ -- UTStarcom
Inc., (Nasdaq: UTSI), a leading provider of wireless, wireline and broadband
access equipment, today announced that it has signed contracts valued at
approximately $20.0 million for geographical expansion and increased capacity of
its PAS(TM) city-wide wireless access systems in the Guangdong, Guangxi and
Fuijan Provinces in China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )

"The existing PAS deployments in these three provinces has already attracted a
great many subscribers and will now have more resources to satisfy the
geographical, capacity and service demands of their respective populations,"
said Johnny Chou, Chief Operating Officer of UTStarcom China. "These expansion
contracts exemplify the continuing desire for our PAS services by the local
telecom bureaus their consumers."

[ROTEBLITZ]

UTStarcom Signs $18 Million in New and Expansion Contracts for Its IP-Based PAS(TM) Systems in the Shandong Province of China
Marks Continuing Success in the Highly-Competitive Northern Territory of China
ALAMEDA, Calif., March 26 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that it has signed a new contract valued at approximately $18 million to deploy its IP-based PAS(TM) city-wide wireless access system five new cities and one city expansion in the Shandong Province of China. When completed, these deployments will cover a population of approximately 3.7 million consumers.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``This contract continues the strong order flow for both new and expansion contracts we are seeing in this first quarter and positively illustrates our ongoing success in the Northern territory of China, said Ying Wu, President of UTStarcom China. ``The Shandong province in particular is the most prosperous province in the North and is therefore fiercely competitive in the telecom market. We believe this contract speaks to the advantage of our technology and service offerings to the fixed-line operators.``

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of IP-based PAS(TM) systems within the five new cities and one city expansion in the Shandong province in China, the expected revenue from these contracts for its IP-based PAS(TM) access systems in those cities, the continuing strong order flow and the continuing desire for IP-based PAS(TM) systems, the ongoing order flow in the Northern territory of China, the level of prosperousness and competitive nature of the market in the Shandong province and the superiority of our technology and service offerings are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of the IP-based PAS (TM), general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[ROTEBLITZ]

UTStarcom `s Xian Sales Office Signs $22.2 Million in New and Expansion Contracts for Its PAS(TM) Systems in Three Western Provinces of China
Robust Increase in Subscriber Growth and Handset Sales in China Translates Into Continued Strong Flow of Bookings
ALAMEDA, Calif., April 3 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that its Xian sales office has signed contracts valued at approximately $22.2 million to deploy its PAS(TM) city-wide wireless access system in nine new cities and several city expansions in the Shaanxi, Gansu, and Xinjiang Provinces of China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``Once again, these contracts represent strong subscriber growth for our PAS systems throughout Mainland China. This growth translates into increased flow of both new and expansion bookings,`` said Johnny Chou, Chief Operating Officer of UTStarcom China. ``For these western provinces in particular, PAS represents a cost-effective alternative to deploying copper for the fixed-line operator and an enhanced extension of fixed-line service to the consumer; offering the supplementary service of low-cost mobility.``

The Shaanxi Province is one of the most important regions of western development as well as one of UTStarcom`s first PAS deployments, while the Gansu and Xinjiang Provinces are two of the least affluent in the country. The Chinese government has made developing its western provinces a priority in maintaining its strong economy and increasing its global presence in the marketplace. UTStarcom believes its low-cost PAS service is a key instrument in helping to develop the west.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS(TM) systems within the nine new cities and several cities expansion in the Shaanxi, Gansu and Xinjinag provinces in China, the expected revenue from these contracts for its PAS(TM) access systems in those cities, the continuing strong order flow and the continuing desire for PAS(TM) systems, the ongoing order flow in the Western territory of China, the level of prosperousness and competitive nature of the market in those provinces and the commitment of the Chinese Government in developing its western provinces are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of the PAS(TM), general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom, Inc.

[ROTEBLITZ]

Sinobull Distributes Financial Data Services in China Via Mobile Short Messaging (SMS)
Hartcourt Subsidiary Signs Key Distribution Deals
LOS ANGELES, April 12 /PRNewswire-FirstCall/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT - news) www.hartcourt.com, announced today that its subsidiary, Sinobull Network Technology, has signed partnership agreements with five of Greater China`s leading telecom and Internet companies to begin the distribution of its comprehensive financial information, stock quotes, and analysis on the local and international stock markets to millions of mobile phone users in China. Sinobull Network owns and operates www.sinobull.com , one of the leading financial information portals in China ... voted ``Most Popular Financial Web Site`` two years running by the China Security Times.

The company`s recently signed revenue sharing deals with key players in the mobile data business include:


-- UTStarcom (Nasdaq: UTSI - news) www.utstar.com -- the key supplier of PAS
mobile networks and equipment for China Telecom, China`s largest
telecom company

-- CellStar www.cellstar.com -- one of China`s largest mobile phone
distributors

-- China Telecom 168 -- 168 is the SMS service of China Telecom

-- HongLian95 www.hl95.com -- a major value added telecom services
provider in China

-- Sina.com (Nasdaq: SINA - news) www.sina.com -- one of Greater China`s largest
portals

-- China Telecom Hotline -- information hotline services from China
Telecom, via fix line


``Mobile data communication is a very exciting area of growth for the mobile communication industry, and Sinobull Network has successfully leveraged its unique advantages in financial content to secure revenue sharing agreements with these key industry players``, said Dr. Wallace Ching, Hartcourt`s CEO. ``The agreements have generated revenue from day one, and we expect a very healthy growth in this business as the mobile data market continues to expand.``

China has recently passed Japan and the US and now has the largest mobile phone user population in the world, with approximately 140 million registered subscribers. Data mobile communication is becoming a very important sector of revenue growth for carriers. Short messaging service (SMS) enabled mobile chat, financial data, and other forms of data communication have become very popular with mobile users and is growing at a rapid rate. According to industry reports, SMS traffic is projected to generate approximately 300 million USD for China`s mobile phone markets in 2002.

Hartcourt has announced that it will publicly divest its operating division, the Sinobull Financial Group, in a reverse merger with Global Telephone Communications Inc. (OTC Bulletin Board: GTCI - news). The reverse merger will result in Sinobull Financial Group actively trading on the U.S. equity markets.

About Hartcourt

The Hartcourt Companies is a holding and development enterprise that has built a broad network of Internet, media, and telecommunication companies in Greater China. In partnership with leading Chinese entrepreneurs and government-sponsored entities, Hartcourt is developing and investing in emerging technologies while building an integrated commercial framework for its subsidiaries and their partners. Hartcourt`s operative business strategy is designed to facilitate a series of venture divestitures via IPO or public merger to fully realize the value of these assets for its investors. Detailed information on Hartcourt can be obtained via the company`s Web site: www.hartcourt.com .

About Sinobull Financial Group

Sinobull Financial Group develops financial technology, financial operating platforms and internet-based financial services. Sinobull`s operating companies include: Sinobull Information Company Ltd., Sinobull Network Technology, Financial Telecom Ltd., Ton Bo software, HCTV Financial TV channel Ltd. and Sinobull Magazine Ltd. Sinobull.com is a financial information and stock trading website. Sinobull Group and its strategic partners provide news, data and analysis to the business community and media outlets. Services include; real-time pricing, historical pricing, indicative data, analysis and electronic communications. Clients include China`s investment institutions, commercial banks, government offices and agencies, corporations, and news/media organizations. www.sinobullfinancial.com .

Forward-looking statements

The statements made in this press release, which are not historical facts, contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company`s operations generally, may differ materially from what is projected in such forward- looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company`s dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward- looking statement.

SOURCE: The Hartcourt Companies, Inc.

[ROTEBLITZ]

UTStarcom Reports Record First Quarter 2002 Results
Revenues Up 54% Year Over Year; Pro Forma Net Income Up 51% Year Over Year
Exceptionally Strong Q1 Subscriber Growth: Addition of 1 Million PAS Subscribers in Mainland China, 100K Subscribers in Taiwan
ALAMEDA, Calif., April 18 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - news) today reported its first quarter 2002 results for the period ended March 31, 2002.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Net sales for the first quarter increased to $183.7 million, a 54% increase over the $119.2 million in net sales reported in the prior year period.

Pro forma net income for the first quarter of 2002 increased to $19.8 million, or $0.17 per share, as compared to $13.1 million, or $0.13 per share in the prior year period.

Actual net income for the first quarter of 2002 was $17.5 million, or $0.15 per share compared to net income of $9.4 million, or $0.09 per share for the first quarter of 2001.

``We are especially proud of our Q1 performance. We delivered strong revenue and profit growth even in this seasonally slow quarter. We believe this speaks to the strength of our ability to provide leading edge telecommunications products that help drive growth for our customers` revenues and profits in Mainland China and other strategic international markets such as Japan, Taiwan and India,`` said Hong Lu, President and CEO of UTStarcom Inc.

Pro forma net income for the first quarter 2002 excludes non-cash charges relating to stock compensation expense, amortization of intangibles and investment impairment losses.

Conference Call

UTStarcom will conduct a conference call to discuss first quarter 2002 earnings results and provide forward-looking financial guidance. The call will be held on Thursday, April 18 at 1:30pm (PDT), which is open to the public. The conference call dial-in numbers are: United States -- 888-428-4473; International -- 612-332-1025.

A replay of the call will also be available from approximately 5:00pm (PDT) on April 18, to 11:59pm (PDT) on April 24. The conference call replay numbers are: United States -- 800-475-6701; International -- 320-365-3844. The access code is 634559.

Investors will also have the opportunity to listen to the conference call and the replay over the Internet through UTStarcom`s Investor Relations web site at: http://www.utstarcom.com/investors/index.php . To listen to the live call, please go to the website at least 15 minutes early to register, download and install any necessary audio software.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. UTStarcom`s products enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a migration path from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

The company manufactures the majority of its products at two ISO9001 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo, Japan; New Delhi, India and Tel Aviv, Israel.

UTStarcom was founded in 1991 and is headquartered in Alameda, California.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

This release contains forward-looking statements, including the statements regarding demand for the Company`s products, and regarding growing markets for the Company`s products. These statements are subject to risks and uncertainties that could cause actual results to differ materially. Such factors include rapidly changing technology, the changing nature of global telecommunications markets, particularly in China, the termination of significant contracts, the direction and results of future research and development efforts, evolving product and applications standards, reduction or delays in system deployments, product transitions, potential non-realization of backlog, changes in demand for and acceptance of the Company`s products, general adverse economic conditions, and trends and uncertainties such as changes in government regulation and licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, its Annual Report on Form 10-K, and its Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.


UTStarcom, Inc.
Pro Forma Consolidated Statements of Operations
Excluding Amortization of Deferred Compensation and Amortization of
Intangible Assets
(In thousands, except per share amounts)
(Unaudited)

Three months ended
March 31, March 31,
2002 2001

Net sales $183,690 $119,181
Cost of sales 118,041 77,755
Gross profit 65,649 41,426
Operating expenses:
Selling, general and administrative 23,144 13,450
Research and development 18,400 11,834
Total operating expenses 41,544 25,284

Operating income 24,105 16,142

Interest and other income (expenses) 1,519 1,452
Equity in income (loss) of affiliated
companies (793) (244)

Income before income taxes and
minority interest 24,831 17,350
Income tax expense 4,514 3,652
Minority interest in (earnings) of
consolidated subsidiaries (528) (593)

Income 19,789 13,105
-- --
Net income $19,789 $13,105

Basic earnings per share:

Income $0.18 $0.14

Diluted earnings per share:

Income $0.17 $0.13

Weighted average shares used in per-
share calculation:
- Basic 110,044 95,873
- Diluted 116,758 104,262


1. The above unaudited pro forma
statements have been adjusted to
exclude the following non-cash expenses:
Stock compensation expense:
Cost of sales $7 $13
Selling, general and administrative 542 681
Research and development 797 578
Total stock compensation expense $1,346 $1,272

Amortization of intangible assets $477 $1,471

Impairment in investment portfolio $440 $1,000


UTStarcom, Inc.
Consolidated Statements of Operations
(In thousands, except per share amounts)
(Unaudited)

Three months ended
March 31, March 31,
2002 2001

Net sales $183,690 $119,181
Cost of sales 118,048 77,768
Gross profit 65,642 41,413
Operating expenses:
Selling, general and administrative 23,686 14,131
Research and development 19,197 12,412
Amortization of intangible assets 477 1,471
Total operating expenses 43,360 28,014

Operating income 22,282 13,399

Interest and other income (expenses) 1,079 452
Equity in income (loss) of affiliated
companies (793) (244)
Income before income taxes and
minority interest 22,568 13,607
Income tax expense 4,514 3,652
Minority interest in (earnings) of
consolidated subsidiaries (528) (593)

Net income $17,526 $9,362

Basic earnings per share:

Net income per share $0.16 $0.10

Diluted earnings per share:

Net income per share $0.15 $0.09


Weighted average shares used in
per-share calculation:
- Basic 110,044 95,873
- Diluted 116,758 104,262


1. The above unaudited statements include
the following non-cash expenses:
Cost of sales $7 $13
Selling, general and administrative 542 681
Research and development 797 578
Total stock compensation expense $1,346 $1,272

Amortization of intangible assets $477 $1,471

Impairment in investment portfolio $440 $1,000


UTStarcom, Inc.
Consolidated Balance Sheets
(In thousands)
(Unaudited)

March 31, December 31,
2002 2001
(unaudited)
ASSETS
Current assets:
Cash and cash equivalents $407,908 $407,312
Accounts receivable, net 205,181 193,046
Inventories, net 239,414 229,050
Other current assets 70,964 67,067
Total current assets 923,467 896,475
Property, plant and equipment, net 46,313 43,942
Long-term investments 18,566 17,818
Goodwill and intangible assets, net 38,516 38,992
Other long term assets 19,626 8,653
Total assets $1,046,488 $1,005,880

LIABILITIES AND STOCKHOLDERS` EQUITY
Current liabilities:
Accounts payable $83,326 $83,649
Debt 51,205 58,434
Income taxes payable 12,287 10,536
Deferred revenue 73,310 76,424
Other 72,290 76,329
Total current liabilities 292,418 305,372

Long-term debt 12,048 12,048
Minority interest in consolidated
subsidiaries 7,101 6,573
Stockholders` equity:
Common stock 141 138
Additional paid-in capital 673,206 638,697
Deferred stock compensation (4,660) (6,045)
Retained earnings 66,672 49,146
Notes receivable from shareholders (402) (381)
Other comprehensive income (36) 332
Total stockholders` equity 734,921 681,887

Total liabilities and
stockholders` equity $1,046,488 $1,005,880

SOURCE: UTStarcom Inc.

[ROTEBLITZ]

UTStarcom Signs Additional $9.2 Million in Expansion Contracts for Its PHS Systems With Fitel in Taiwan
FITEL Reaches Profitability With PHS in March 2002
ALAMEDA, Calif., April 22 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that its Taiwan office has signed a follow-on contract in the amount of $9.2 million with FITEL for the capacity expansion from of its PHS city-wide wireless access system in the greater Taipei area.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
``According to the World Economic Forum, Taiwan has the highest mobile phone penetration rate in the world. With its advantages in both voice and multi-media data services, FITEL`s PHS service has competed very strongly against its competitors, adding over 100,000 new subscribers in a single month earlier this year,`` said C.Y. Wu, President of FITEL in Taiwan. ``The pace of new subscribers additions is very rapid and we have already expanded coverage to areas such as TaoYuan & HsinChu,`` Wu added. ``We have targeted 500,000 subscribers in the greater Taipei area by the end of 2002. Next month, PHS will also be the first to launch roaming services while traveling in Japan.``

Taipei was the first city in Taiwan to deploy UTStarcom`s PHS systems, launching its initial services in June of 2001. As of April 17, 2002, the number of subscribers FITEL`s PAS network has reached 270,000. In addition, FITEL reached profitability on its PHS service in March, just three quarters after launching service.

Joe Ye, General Manager of UTStarcom, Inc. Taiwan stated, ``We are especially pleased with our relationship with FITEL. They have demonstrated to us their industry leadership, professionalism and marketing expertise.`` Ye added, ``We believe that UTStarcom, Inc. has shown its reliability and excellence in both product quality and technological support and also believe that FITEL sees its relationship with UTStarcom as extremely solid and long-lasting.``

About FITEL

Founded in 1997, FITEL is a leading provider of telecommunications and data transmission services in Taiwan and Hong Kong, providing mobile paging, mobile data and wireless services. FITEL is a subsidiary of First International Computer Co., a leading PC manufacturer in Taiwan. FITEL was awarded a PHS license in early 2000 and is the first and only PHS operator in Taiwan.

About PHS (PAS)

The Personal Handyphone System (PHS) service is a popular mobile phone service that relies on numerous small relay stations. Allowing high-speed data communications at 64 Kbps, PHS provides a comfortable mobile computing and entertainment environment in which subscribers can use small, high-performance terminals, PDAs, and notebook PCs. Terminals also function as wireless extension handsets for home and office phones. J-95 is the latest color handset released from FITEL. Its 65K color LCD display, 32-note chords melody function, 64Kbps high speed Internet access, 100k storage capacity, and multimedia applications enable the realization of a better quality of music, picture and video transmission and make it a ``pre-3G handset`` with powerful communication data services. In contrast to the highly competitive and more costly mobile market, J-95 has the advantage of a 90 gram, 1000 hour standby/6 hour talk-time battery handset, wireless email and Internet access in addition to regular voice service, all at a lower cost to the consumer. Additional value added services include: location identification, Internet content browsing and the ability to download MP3 music. FITEL is working with 50 different Internet Content Providers to provide more than 400 kinds of entertainment, music, news and shopping information categorized into 19 groups.

Because of existing self-contained systems that Japan developed are their PDC and PHS systems, which both are not compatible with European standard GSM systems. This has been a roadblock for Fitel since they brought in Japan`s PHS system to Taiwan. From May, no more international roaming hassles in traveling Japan! Fitel will finally introduce international roaming services for subscribers.

In addition, with UTStarcom`s latest innovative technology, the e-PAS card, subscribers are now able to not only access the internet with their PHS handsets, but also to access FITEL`s services from notebooks or PDAs by simply plugging-in the card.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing ``Next Generation Network Technology. Now.``

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the expansion of PAS(TM) city-wide access systems within the greater Taipei area of Taiwan, the expected revenue from the expansion contracts for its PAS(TM) access systems in Taiwan, further plans to extend the PAS systems to central and southern parts of Taiwan, the targeted 500,000 subscribers in the greater Taipei area and inclusion of Taichung and Kaoshung in FITEL`s expansion plans by the end of 2002 and the belief that FITEL sees its relationship with UTStarcom as extremely solid and long-lasting are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in Taiwan, cancellations of key partnerships and alliances with FITEL, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of the PAS (TM), general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[ROTEBLITZ]

UTStarcom Signs $19.6 Million in New and Expansion Contracts for Its PAS(TM) and IP-Based Systems in the Guangdong, Guangxi and Fujian Provinces of China
Strong Subscriber Growth Leads to Expansion of Prior Deployments as Well As New Cities Deploying the PAS and IP-Based PAS Systems In Each of These Provinces
ALAMEDA, Calif., April 29 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, today announced that it has signed contracts valued at approximately $19.6 million for new city deployments and geographical expansion and increased capacity of its existing deployments for its PAS(TM) and IP-Based PAS(TM) city-wide wireless access systems in the Guangdong, Guangxi and Fuijan Provinces in China. This release follows a previous $20 Million expansion contract in these three provinces, released on March 19th.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"These new and expansion contracts exemplify the continuing desire for our PAS services by the local telecom bureaus and their consumers," said Hong Lu, President and CEO of UTStarcom Inc. "We are seeing widespread subscriber demand for PAS throughout China. China is projecting huge growth in subscribers this year: approximately 55M new mobile additions and 25M fixed-line additions. We believe a substantial number of these fixed-line adds will be on PAS systems."

"As we have driven down the costs of our equipment, not only have we been able to improve our profitability, but also for our customers, PAS is now often more cost-effective to deploy than copper," added Mike Sophie, CFO of UTStarcom Inc.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com .

PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS(TM) and IP-Based PAS(TM) systems within the Guangdong, Guangxi and Fuijan provinces in China, the expected revenue from the new and expansion contracts for its PAS(TM) and IP-Based PAS(TM) access systems in those provinces and the continuing desire for PAS(TM) and IP-Based PAS systems, the number of fixed line additions in 2002 for China Telecom being PAS, and the price benefit of PAS compared to copper are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of the PAS(TM), general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[ROTEBLITZ]

UTStarcom Kicks Off PAS(TM) Data and Value Added Services by Unveiling First PAS Color Screen Multimedia Handset in Mainland China
PAS 718U Handset Features Built-In Access to UTStarcom`s Value-Added Services Network Which Include Email System, Internet Browsing, MP3 Downloads and Online Gaming Capabilities
ALAMEDA, Calif. and XI`AN, China, May 2 /PRNewswire-FirstCall/ -- UTStarcom Inc. (Nasdaq: UTSI - news), a leading provider of wireless, wireline and broadband access equipment, unveiled its new color screen handset, the 718U, which will enable users in China to optimally access its wireless Internet, data and entertainment services. The announcement was made at the Fifth International Telecom Exhibition in Xi`an, China where the handset was made available for public viewing for the first time and where UTStarcom`s PAS(TM) systems currently support over 300,000 subscribers. UTStarcom began offering data and value-added services in Xi`an in the fourth quarter of 2001.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
For photos of the event, please click on the following url: http://www.utstar.com.cn/xi`anshow/dongtai/photo.htm

"We continue to execute on our strategy to expand our PAS offerings into new markets and to seek further market penetration of PAS in China. With 64K transmission speed powered by UTStarcom`s PAS(TM) value-added services network and a growing number of Internet content providers, 718U is designed to enhance PAS(TM) users ability to enjoy wireless Internet, data and entertainment services effortlessly," said Johnny Chou, Chief Operating Officer of UTStarcom China. "More importantly, it dovetails with our strategy to assist telecom operators in China by enabling them to attract high-end wireless-data savvy users to the PAS(TM) network and, thus, to generate more service revenues."

The PAS 718U handset, with its flip design and large, high-quality color screen, is considered a "must-have" trend-setting communications accessory in Taiwan where it was launched under the name J-95 in Q1 of this year. Now available in China, its features include:

32-chord sound quality
Support for 65,000 different color pixels.
Built-in e-mail system that can support sending e-mails up to 77K
bytes, per message, receive e-mails up to 100K bytes per message and

storage of received e-mails up to 450K bytes

100K bytes of additional storage
Support for both English and Chinese short messages
Direct Internet-access from handset
Camera function in which pictures can be taken and downloaded for use as screen-savers or sent via e-mail.
MP3 download and online gaming capabilities
Value Added Data Services

UTStarcom began deployment of its PAS(TM) data and value added services in the fourth quarter of 2001. PAS Value Added Services have the advantage of high-speed 64kbps data transmission, short messaging, wireless email and Internet access in addition to regular voice service, all at a lower cost to the consumer. Additional services include: location identification, Internet content browsing, and the ability to download MP3 music. Consumers can access the Internet through the various PAS handsets or by laptop or PDA using a special e-data card. UTStarcom is currently working with different Internet Content Providers to provide several kinds of entertainment, music, news and shopping information for the consumer.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing discussion contains forward-looking statements, including the statements regarding the Company`s potential strategic execution and market penetration, the potential to attract specified users, and the potential for increased service revenues. These statements are subject to risks and uncertainties that could cause actual results to differ materially. Such factors include rapidly changing technology, the changing nature of global telecommunications markets, the termination of significant contracts, the direction and results of future research and development efforts, evolving product and applications standards, reduction or delays in system deployments, product transitions, changes in demand for and acceptance of the Company`s products, general adverse economic conditions, trends and uncertainties such as changes in government regulation and licensing requirements, and the ability of Chinese telecom operators to successfully promote, operate, and expand the PAS network. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, its Annual Report on Form 10-K, and its Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[ROTEBLITZ]

UTStarcom Signs $37 Million in Contracts for Its PAS(TM) and IP-Based PAS(TM) Systems in China
Cities in Northern and Southern China Continuing to Deploy UTStarcom Wireless Access Systems
ALAMEDA, Calif., May 14 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading provider of wireless, wireline and broadband access equipment, today announced that it has signed contracts valued at approximately $37 million to deploy its PAS(TM) and IP-Based PAS(TM) city-wide wireless access system in a number of cities in several Northern and Southern Provinces of China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"We continue to expand our presence in both Northern and Southern China in this second quarter; demonstrating the ongoing success of PAS(TM) in new geographies as well as the growth of existing deployments," said Ying Wu, CEO of UTStarcom China. "We believe that a significant number of new fixed-line adds this year and in the years to come will be on PAS(TM) networks, as it is now even less to deploy than copper in most cases."

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS(TM) systems within the new cities in the Northern and Southern provinces in China, the expected revenue from these contracts for its PAS(TM) and IP-Based PAS(TM) access systems in those cities, are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of the PAS(TM), general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

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SOURCE: UTStarcom Inc.

[panik]

UTStarcom Makes Significant Progress in China`s 3G Technical Trials; Passes All Phase One Tests; Also Begins Field Trials in Four Major Cities
UTStarcom Receives 3G Purposed Trial Frequency Approval in Shenzhen, Hangzhou, Shanghai and Beijing
ALAMEDA, Calif., May 23 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading provider of wireless, wireline and broadband access equipment, announced that following the successful completion of phase one of the MTNet 3G technical trials and having merited outstanding results among participants, it will advance to phase two of the trials in the summer of 2002. Meanwhile, the company has also received 10MHz IMT-2000 frequency usage approval for internal research and development 3G field trials in Shenzhen, Hangzhou, Shanghai and Beijing.

UTStarcom was one of the ten foreign and domestic WCDMA equipment suppliers named on November 1, 2001, to participate in China`s technical trial of 3G mobile networks based on the 3GPP WCDMA standard through MTNet, a comprehensive testing facility for mobile communications. MTNet is under the management of China`s Ministry of Information Industry (MII) Research Institute of Telecommunications Transmission (RITT).

"I cannot overstate how critical 3G will be to the future of China`s expanding telecommunications infrastructure," said Hong Lu, President and CEO of UTStarcom Inc. "We went beyond meeting all system requirements of the first phase of MTNet`s 3G technical tests by also providing one of the latest versions of the WCDMA standard and demonstrating advanced 3G features and services such as VOD and high bandwidth Internet access. In addition, we were able to secure a frequency usage permit for internal 3G R&D trials in four major cities, and are also, alongside a limited number of vendors, working closely with a major operator`s R&D center for its 3G related projects."

Commencing February 25, UTStarcom successfully passed all of phase one test cases in just 10 days. By March 12, 2002, the company had not only provided a complete 3GPP R99 compliant system, including core networks (MSC, GSN, HLR, etc), network management, RNC, Node B and user equipment emulators, but also had demonstrated a total 3G solution showing stable and consistent performance with IP-transport technology. The results of phase one testing insured UTStarcom`s eligibility to participate in phase two 3G trials, which will take place in multiple cities. Phase two will test network equipment and terminals with later 3GPP R99 standards and will also focus on interoperability tests between different vendors and an operator`s field trial. This testing may last for up to one year. It is widely held that China`s MII will make several 3G related decisions based on or in parallel with the phase two technical tests.

About MTNet

MTNet is a mobile system testing facility, under the management of RITT. The main goal of MTNet is to provide testing results and technical proof of various mobile communications` systems for the Chinese government. MTNet has conducted the technical trials for GSM, narrow-band CDMA, GPRS, and will serve for the trials of all 3G systems in China.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. The Company enables wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Tokyo, Japan, Hong Kong; Tel Aviv, Israel; and New Delhi, India.

UTStarcom was founded in 1991 and is headquartered in Alameda, California. For more information about UTStarcom, visit the Company`s website at www.utstar.com.

Forward Looking Statements-

The foregoing statements regarding UTStarcom`s position at the forefront of the technological and competitive landscape with respect to 3G development in China, the critical nature of 3G to the telecommunications market in China, the timing of the 3G trials and the forecasted date of 3G technology selection in China are forward-looking in nature and subject to risks and factors that may cause actual results to differ materially. These risks and factors include the Company`s ability to successfully develop products incorporating 3G technology, the successful performance of the Company`s products and systems in the 3G trials, delays in the timing of and the overall success of the 3G trials and the Company`s ability to compete with other developers of products and systems that incorporate 3G technology. The Company also refers the readers to the risk factors identified in its registration statement on Form S-3, its annual report on Form 10-K and its quarterly reports on Form 10-Q as filed with the Securities and Exchange Commission.

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SOURCE: UTStarcom Inc.

[panik]

UTStarcom Signs an Additional Contract Valued at $10 Million For Expansion of Its PAS Systems With FITEL in Taiwan
President of FITEL, Charlie Wu, Outlines Successes at UTStarcom`s Annual Analyst Day in Shenzhen, China
ALAMEDA, Calif., May 23 /PRNewswire-FirstCall/ -- UTStarcom Inc. (Nasdaq: UTSI - News), a leading provider of wireless, wireline and broadband access equipment, today announced that in addition to the expansion contract announced on April 22, 2002, its Taiwan office has signed another follow-on contract in the amount of $10 million with FITEL for capacity expansion of its PAS city-wide wireless access system in the greater Taipei area. This brings the total value of contracts signed with FITEL to approximately $60 million in just under one year.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"Clearly PAS is achieving great success in the Taiwan market, where its technology and service offerings are considered to be top of the line with fashion savvy consumers," said Joe Ye, General Manager of UTStarcom, Inc. Taiwan. "In Taiwan, a very tech-savvy market, the main attraction to PAS lies in its robust data rate and value added service capabilities. A PAS subscriber in Taiwan can access e-mail, the Internet, up to date news, entertainment and even parking and reservation information on their handset, PDA or laptop, all from their home, the street, a car, or even on the subway. It is truly amazing how endless the possibilities are for the PAS consumer, and UTStarcom is at the forefront of this technology."

Ye added, "In Taiwan, data air traffic already represents 18% of total PAS traffic and revenue from data is about 13% of total PAS revenues. This compares to less than 1% of traffic and revenue for GSM service in Taiwan."

"As subscriber numbers continue to accelerate, so too do we continue to add services and capacity to our existing systems," said C.Y. Wu, President of FITEL in Taiwan at a presentation given at UTStarcom`s Annual Analyst Day in Shenzhen, China. "We anticipate the number of subscribers to reach 500,000 in 2002 in Taipei alone. Further, Island-wide expansions will continue in 2003."

Taipei was the first city in Taiwan to deploy UTStarcom`s PAS systems, launching its initial services in June of 2001. As of May 15, 2002, the number of subscribers FITEL`s PAS network has reached 280,000.

About FITEL

Founded in 1997, FITEL is a leading provider of telecommunications and data transmission services in Taiwan and Hong Kong, providing mobile paging, mobile data and wireless services. FITEL is a subsidiary of First International Computer Co., a leading PC manufacturer in Taiwan. FITEL was awarded a PHS license in early 2000 and is the first and only PHS operator in Taiwan.

About PAS

The Personal Access System (PAS) service is a popular mobile phone service that relies on numerous small relay stations. Allowing high-speed data communications at 64 Kbps, PAS provides a comfortable mobile computing and entertainment environment in which subscribers can use small, high-performance terminals, PDAs, and notebook PCs. Terminals also function as wireless extension handsets for home and office phones. J-95 is the latest color handset released from FITEL. Its 65K color LCD display, 32-note chords melody function, 64Kbps high speed Internet access, 100k storage capacity, and multimedia applications enable the realization of a better quality of music, picture and video transmission and make it a "pre-3G handset" with powerful communication data services. In contrast to the highly competitive and more costly mobile market, J-95 has the advantage of a 90 gram, 1000 hour standby/6 hour talk-time battery handset, wireless email and Internet access in addition to regular voice service, all at a lower cost to the consumer. Additional value added services include: location identification, Internet content browsing and the ability to download MP3 music. FITEL is working with 50 different Internet Content Providers to provide more than 400 kinds of entertainment, music, news and shopping information categorized into 19 groups.

In addition, with UTStarcom`s latest innovative technology, the e-PAS card, subscribers are now able to not only access the internet with their PAS handsets, but also to access FITEL`s services from notebooks or PDAs by simply plugging-in the card.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the expansion of PAS(TM) city-wide access systems within the greater Taipei area of Taiwan, the expected revenue from the expansion contracts for its PAS(TM) access systems in Taiwan, further plans to extend the PAS systems, the targeted 500,000 subscribers in the greater Taipei area and capacity of one million lines are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in Taiwan, cancellations of key partnerships and alliances with FITEL, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of the PAS (TM), general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[panik]

UTStarcom Signs $40 Million in Contracts for Its PAS(TM) and IP-Based PAS(TM) Systems in the Jiangxi, Sichuan and Shaanxi Provinces in China
UTStarcom`s PAS Footprint Continues to Grow Rapidly; Adding New Cities And Expanding Geography and Capacity of Existing Cities
ALAMEDA, Calif., June 3 /PRNewswire-FirstCall/ -- UTStarcom Inc. (Nasdaq: UTSI - News), a leading provider of wireless, wireline and broadband access equipment, today announced that it has signed contracts valued at approximately $40 million to deploy its PAS(TM) and IP-Based PAS(TM) city-wide wireless access system in a number of cities in the Jiangxi, Sichuan and Shaanxi Provinces of China.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"Since the PAS system was launched in 1999, the number of subscriber additions have continually grown, demonstrating positive consumer acceptance," said Mr. Wu Shengli, general manager of Xi`an China Telecom. "UTStarcom`s PAS technology has seen steady improvement and maturity, for example in the introduction of Value Added Services to the consumer. This system expansion contract affirms the increased adoption of PAS throughout China and will enable sustainable growth for us."

The city of Xi`an in the Shaanxi Province of China was one of UTStarcom`s first-ever major PAS deployments. To date the system has over 300,000 subscribers and was one of the first deployments to launch data and value added services in Mainland China in the first quarter of 2002. In addition, Xi`an has upgraded its base stations to UTStarcom`s 500-milliwatt base station, up from the 10-milliwatt base stations originally deployed. These contracts mark capacity expansion in Xi`an as well as three other satellite cities.

"Clearly UTStarcom is building on its previous successes as well as creating new success throughout China," said Hong Lu, CEO of UTStarcom Inc. The contracts show expansions in one of our very first PAS deployments dating back to 1999 as well as brand new deployments in Provinces that have only just begun full-scale PAS rollouts. Thus far, in 2002 we have added 49 new cities deploying our PAS systems, demonstrating the confidence that both the most recent and the earliest adopters of PAS technology have in our solutions."

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS(TM) systems in a number of cities in the Jiangxi, Sichuan and Shaanxi Provinces of China, the expected revenue from these contracts for its PAS(TM) and IP-Based PAS(TM) access systems in those cities, continuing accelerating subscriber demand, UTStarcom`s continuing ability to build on its previous successes as well as to create new success throughout China and the continued confidence that both the most recent and the earliest adopters of PAS technology have in deploying our systems are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of PAS(TM) and IP-Based PAS(TM), general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[panik]

UTStarcom Signs First Contract in Vietnam - $19.9 Million for Its IP-Based PAS Systems
UTStarcom Establishes Presence in Two Major Cities With Vietnam Post And Telecommunications
Also Signs Contract for First AN-2000 Deployments in Vietnam
ALAMEDA, Calif., June 19 /PRNewswire-FirstCall/ -- UTStarcom, Inc., (Nasdaq: UTSI - News), a leading provider of wireless, wireline and broadband access equipment, today announced that it has signed its first contract in Vietnam, valued at approximately US $19.9 million. Under the terms of the agreement with Vietnam Post and Telecommunications ("VNPT"), the Company will deploy its IP-Based PAS(TM) city-wide wireless access system in two cities: Hanoi, the capital, with a population of over 2.8 million, and Ho Chi Minh, Vietnam`s largest city, with a population of over 6.5 million.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"This contract is extremely significant in terms of what it can mean for Vietnam, and further demonstrates our commitment to execute on our international expansion strategy," said David Robison, Vice President of International Sales for UTStarcom. "Over 50% of the world`s population has never used a phone, and part of our goal is to make voice and data communications available to those people. We believe that there is no other company at this time that can provide more cost-effective telephony solutions than UTStarcom. We are confident that our solutions will make a positive difference in Vietnam and that we can replicate the tremendous success we have achieved in China."

The service being offered by VNPT is expected to launch in the late third quarter, early fourth quarter under the brand name "Urban Mobile Communication Service" and will allow for country-wide roaming. Upon success of the initial deployments, VNPT has the option of expanding the service into multiple cities and countrywide.

In addition, UTStarcom was also awarded a contract valued at approximately $0.6 million to provide its AN-2000 network solution in Ho Chi Minh and Vung Tau and has signed a trial agreement for AN-2000 in Hanoi as well.

Vietnam, which has a total population of approximately 79 million, and an economy growing at nearly seven percent annually, has a fixed-line tele-density rate of less than five percent. This compares with 70% tele-density in the United States, 60% tele-density in most of Western Europe, and approximately 20% tele-density in China. More than half of the population in Vietnam is under 20 years of age and there is a high demand for telecommunications services. In fact, according to the ITU, Vietnam is the second most rapidly expanding telecommunications market in the world after China. Telecommunications development is considered by the Vietnamese government to be one of the country`s keys to economic growth and has therefore been marked as a high priority. VNPT, which is the largest telecommunications operator in the Vietnam market, is a state-owned enterprise operating the national backbone network that connects the provincial operating companies.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing press release contains forward-looking statements under the federal securities laws about the Company`s execution of its strategy, including without limitation, statements concerning the significance and impact of the Company`s contracts and products in Vietnam, the Company`s ability to replicate any past success it has achieved in China or other markets, the expected launch date and capabilities of the PAS(TM) system to be deployed in Vietnam, and the success of the Company`s initial deployments in Vietnam. These forward-looking statements are subject to significant risks and uncertainties, and actual results may differ materially from those described in such statements as a result of a number of factors. In particular, further sales of PAS(TM) are unpredictable, and the Company faces intense competition as well as economic, political, regulatory and legal risks relating to its multi-national operations. These risks could adversely impact the Company`s ability to expand in Vietnam and in other markets. Investors are encouraged to read the "Risk Factors" section of the Company`s Annual Report on Form 10-K for the year ended December 31, 2001, as amended on February 11, 2002, the Company`s Quarterly Report on Form 10-Q for the quarter ended March 31, 2002, as filed on May 1, 2002 and any subsequently filed reports, all of which are on file with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[ROTEBLITZ]

Barron`s article



Location, Location
Telecom conditions in China and the rest of the developing world should help UTStarcom
By LESLIE P. NORTON

Anyone who`s invested in UTStarcom this year must be disappointed: The Nasdaq-listed stock of the Alameda, Calif. telecom-equipment supplier to China is down 27% since December, amid a secondary offering and doubts about the longevity of its key products. But those products may be positioned and priced to enjoy much longer life in China than they would elsewhere -- and that`s kept some analysts bullish on the stock.

One of UTStarcom`s key products is the wireless Personal Access System -- a radio system overlaid on a fixed-line network. It`s technically inferior to cellular. For example, anyone who travels away from his home network can`t use it; PAS phones can`t roam. And such limitations have led many investors to conclude that, once cellular systems become more widespread in China, PAS will quickly become a footnote in the annals of wireless communication.

[ROTEBLITZ]

Thursday July 18, 6:31 pm Eastern Time
Reuters Company News
UTStarcom posts record results in second-quarter
By Eric Auchard

(wraps in CFO interview, consensus views, byline, details, analyst comment, share price move)

NEW YORK, July 18 (Reuters) - Chinese-led communications equipment maker UTStarCom Inc. (NasdaqNM:UTSI - News) posted record results on Thursday as sales grew 65 percent to $231 million, driven by the U.S. company`s focus on China and other fast-growing Asian markets.
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The supplier of network equipment for China`s burgeoning mobile communication market also expects to beat existing analyst sales and profit forecasts for the current third quarter and full-year 2002, its chief financial officer said.

UTStarcom, which is based in Alameda, California and listed on the Nasdaq stock market, was founded and is led by Chinese entrepreneurs. The company has emerged as a well-connected supplier of wired and wireless reception gear in China.

"The message here is...that our strong financial performance is continuing," UTStarcom Chief Financial Officer Michael Sophie told Reuters in an interview.

"Not only is the business strong in China, but the company is rapidly becoming a global telecommunications technology provider," he said.

Shares of the company, which fell 15 cents to $20.67 in regular-session trading ahead of the report, bounced up as much as 4 percent in after-hours trading before settling back to trade at $21, up 33 cents.

The company reported second-quarter operating income -- excluding charges for employee-stock options and research and investment write-offs -- rose to $28.2 million, or 24 cents a share, compared with $15.4 million, or 15 cents per share, in the second quarter of 2001.

Net income, including charges amounting to 2 cents per share, rose to $25.7 million, or 22 cents per share, compared with net of $12.3 million, or 12 cents per share, for the second quarter of 2001.

RIGHT MARKETS, SURGING GROWTH

The latest operating results of 24 cents per share were two cents ahead of the consensus forecast among financial analysts surveyed by Thomson First Call, according to Sophie.

Second-quarter net sales of $231.5 million compared with $140.0 million reported in the year-ago second quarter.

Sales were 12 percent higher than the top analyst forecast of $205.9 million, thanks to solid growth in sales to Chinese network operators of its PAS wireless system and a new $20 million deal in Vietnam.

Looking ahead, Sophie said UTStarcom now expected third-quarter operating earnings of around 27 cents to 28 cents per share, slightly above the current 27 cent consensus among analysts surveyed by Thomson First Call.

He said the company was also boosting its full-year profit outlook to a range between 99 cents and $1.01, up from its prior outlook of 96-99 cents. Sales will run to the higher end of a range between $900 million to $925 million, significantly above the current $876.1 million financial analyst consensus view.

While the company is trading in the middle of its 52-week range of $13 to $35, the mid-sized telecom equipment maker has outshined all larger rivals, many of whose stocks have crumpled amid a collapse in global network spending.

By focusing on emerging markets in China, India and Vietnam, and more established markets such as Taiwan and Japan, UTStarcom has delivered consistent high double-digit growth rates of the sort that U.S. rivals last saw in the dot-com era.

EXPANDING BEYOND CHINA

Marking progress in its ambition to move beyond China to become a global equipment supplier, UTStarcom said that 20 percent of sales came from outside mainland China in the second quarter, up from 10 percent of sales just two years ago.

In India it boasts a leading share in the market for the latest gear used to build local, fixed line phone systems. In Taiwan, UTStarcom sells equipment used to offer 64 kilobit-per-second wireless data access on the island nation.

"Our international business outside of China is growing at better than a 100 percent rate off a pretty big base," Sophie said. "We feel very comfortable that it will reach over $120 million outside of mainland China," he said of 2002 sales.

While UTStarcom trades at a discount because of its heavy emphasis on volatile Asian markets, it coincidentally has inherited the former headquarters of Ascend Communications, a high-flying stock popular with U.S. investors in the 1990s.

"They are certainly differentiating themselves as they are about the only mid-sized wireless equipment company out there that is doing well, and consistently doing well," said analyst Dale Phau of brokerage CIBC World Markets in San Francisco.

The company generated $59 million in cash during the second-quarter and counts more than $400 million on its balance sheet in cash and other short-term holdings.

[ROTEBLITZ]

Thursday July 18, 4:59 pm Eastern Time
Reuters Company News
INTERVIEW-UTStarcom CFO boosts Q3, full-yr outlook

NEW YORK, July 18 (Reuters) - Communications equipment maker UTStarCom Inc. (NasdaqNM:UTSI - News) expects sales and profits that are slightly higher than prior analyst forecasts for the third quarter and 2002 year, its finance officer said on Thursday.


Michael Sophie, chief financial officer of the fast-growing wireless telecommunications equipment firm based in Alameda, California, said the company would boost its outlook on results in a conference call with investors on Thursday.

The official said he expected operating earnings of around 27 cents to 28 cents per share, slightly above the current 27 cent consensus among analysts surveyed by Thomson First Call. He boosted the full-year profit outlook to a range between 99 cents and $1.01, up from its prior outlook of 96 cents to 99 cents, on sales of $900 million to $925 million.

"We are going to guide upward in both revenue and earnings," Sophie told Reuters in an interview ahead of the report, in which the company exceeded analyst forecasts for both sales and earnings for the 10th consecutive quarter.

"The message here is not only that our strong financial performance is continuing," Sophie said. "Not only is the business strong in China, but the company is rapidly becoming a global telecommunications technology provider," he said.

[ROTEBLITZ]

UTStarcom Signs $18.7 Million New Contract With China Netcom for Its IP-Based PAS(TM) System in Hebei Province
China Netcom Corporation Accelerates PAS Deployments in Northern Provinces
ALAMEDA, Calif., July 24 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading provider of wireless, wireline and broadband access equipment, today announced that it has signed a contract valued at approximately $18.7 million to deploy its IP-based PAS(TM) city-wide wireless access system in a single city in China`s Hebei province. Following the restructuring of China Telecom, China Netcom is now responsible for telecommunications development in ten northern provinces in China including the Hebei province.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"UTStarcom continues to strategically expand throughout Mainland China and this contract win specifically affirms the ongoing deployments of PAS in the northern provinces by China Netcom," said Ying Wu, CEO of UTStarcom China. "According to statistics released by China Netcom, by the end of June 2002, the total number of PAS subscribers on their networks increased 65% to 1.41 million from 854 thousand at the end of January. We believe that this is very strong testimony that we continue to experience accelerated demand for our PAS offerings, especially those of our IP-based PAS(TM) systems, which also offer value added functions such as data, short messaging and C-Mode applications.

"In addition, as we announced during our second quarter earnings conference call last week, PAS has now been deployed in nearly 268 cities in Mainland China, up from 237 at the end of the first quarter and 157 from a year ago," said Wu.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, mSwitch and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of IP-Based PAS(TM) systems within the single city in the Hebei Province in China, the expected revenue from these contracts for its IP-Based PAS(TM) access systems in those cities and the accelerated demand and ongoing deployments of our PAS systems by China Netcom, are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of the PAS(TM), general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[panik]

Mobile Communications Provider UTStarcom Selects Agere Systems High-Capacity Switching Chips for Telecom Equipment
ALLENTOWN, Pa., July 29 /PRNewswire-FirstCall/ -- Agere Systems (NYSE: AGR.A - News, AGR.B - News), the world leader in communications components, today announced that leading mobile communications solutions provider UTStarcom, Inc., (Nasdaq: UTSI - News) has selected Agere`s T8110 high-capacity switching chip for telecom equipment applications. Agere`s chip offers nearly 75 percent more channel capacity than competing chips and quadruples the channel capacity of Agere`s previous-generation chip.

UTStarcom is using Agere`s Ambassador® time division multiplexer T8110 (TDM) chips in UTStarcom`s mSwitch(TM) voice over Internet Protocol (VoIP) telecommunications line card and third-generation wireless switching equipment. In addition, UTStarcom is using Agere`s previous-generation TDM circuit switching chip, called the T8105s, in UTStarcom`s E1 telecommunications line card applications. The primary function of the Agere chips is to switch voice and TDM traffic to and from various chips and circuit boards within UTStarcom`s voice and data processing telecommunications systems.

Agere`s T8110 chip equips UTStarcom`s product with 4,096 connections- nearly 75 percent more channel capacity than competing chips. The chip also reduces component count and circuit board space occupied within UTStarcom`s equipment, thereby reducing electronics and systems costs. By alleviating the need for UTStarcom to develop its own customized backplane interface, Agere`s chip also enables UTStarcom to get its products to market several months faster.

Agere`s T8110 chip packs much more switching capacity into UTStarcom`s voice over IP and third-generation wireless switching equipment, which is so important to UTStarcom`s telecom service provider customers to increase revenues and remain cost-competitive. These Agere products will be pivotal for enabling UTStarcom to grow revenues for its service provider customers in China, Japan, Taiwan, India, and other key international markets. UT Starcom`s mSwitch represents the emerging generation of telecom switching that satisfies the need for cost-effective, flexible, and highly scalable network solutions. The company`s latest innovation, 3G wireless communication solutions, transforms mobile communi cations from a voice- centric past to an era of multimedia communication.

"Until recently, time division multiplexer switching chips have primarily been used in lower-capacity computer telephony applications," said John Sotir, marketing manager with Agere Systems. "Now the T8110 chip is robust enough to handle higher-capacity voice over Internet protocol switching and third- generation wireless infra structure switching applications."

This year UTStarcom was ranked among the top 10 best American-based companies currently developing communications infrastructures throughout Europe in several key categories, according to FinanceAsia.com, an online Web site for financial decision makers.

"This latest round of business with UTStarCom is particularly noteworthy for Agere because it amounts to substantial business with a company clearly proving its top tier status in the international telecom market," Sotir added. Agere`s T8110 chip adheres to the H.100/H.110 and Peripheral Component Interconnect bus technology standards widely used in telecommunications equipment. This standard compliance gives customers such as UTStarcom great flexibility in the number of types of equipment made by other companies that can interoperate with their equipment at the higher capacities Agere`s T8110 enables.

About Agere Systems

Agere Systems is the world`s leading provider of communications components. The company delivers integrated circuits, optical components and subsystems that access, move and store network information. Agere`s integrated solutions form the building blocks for advanced wired, wireless and optical communications networks. The company is a leader in providing integrated Wi-Fi solutions for PC manufacturers, as well as in storage solutions with its read- channel chips, preamplifiers and system-on-a-chip solutions. More information about Agere Systems is available from its Web site at www.agere.com. About UTStarcom

UTStarcom (Nasdaq: UTSI - News) designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. UTStarcom`s products enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure. UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit-to-packet-based networks by employing "Next Generation Network Technology. Now." For more information about UTStarcom, visit the Company`s Web site at www.utstar.com.

Agere`s Forward-Looking Statements

This release contains forward-looking statements based on information available to Agere as of the date hereof. Agere`s actual results could differ materially from the results stated or implied by such forward-looking statements due to a number of risks and uncertainties. These risks and uncertainties include, but are not limited to customer demand for our products and services, control of costs and expenses, timely completion of employment reductions and other restructuring and consolidation activities, price and product competition, keeping pace with technological change, dependence on new product development, reliance on major customers and suppliers, availability of manufacturing capacity, components and materials, general industry and market conditions and general domestic and international economic conditions including interest rate and currency exchange rate fluctuations. For a further discussion of these and other risks and uncertainties, see our annual report on Form 10-K for the fiscal year ended September 30, 2001, and report on Form 10-Q for the period ending March 31, 2002. Agere disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE: Agere Systems

[panik]

UTStarcom Signs Contracts in Excess of $20 Million for Its PAS and IP-Based PAS(TM) Systems in China
ALAMEDA, Calif., July 31 /PRNewswire-FirstCall/ -- UTStarcom, Inc., (Nasdaq: UTSI - News), a leading provider of wireless, wireline and broadband access equipment, today announced that it has signed contracts valued at approximately $20 million to deploy its PAS(TM)and IP-based PAS(TM)city-wide wireless access system in several cities in both the northern and southern provinces of China. Following its restructuring, the new China Telecom is responsible for telecommunications development in the twenty-one provinces in southern China and China Netcom is responsible for telecommunications development in the ten northern provinces.

(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"We believe that PAS(TM) is the optimal solution for both China Netcom and China Telecom to continue to offer voice and data services and drive subscriber growth, and that it is often a more cost effective solution than copper," said Johnny Chou Chief Operating Officer of UTStarcom China. "We anticipate that contracts for our products will continue to accelerate in both southern and northern China as our customers continue to realize the huge advantages of PAS(TM). As the market continues to grow and become more competitive, we believe we are well positioned to benefit."

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit-based to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, mSwitch and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS(TM)and IP-Based PAS(TM)systems in throughout China, characterizations of PAS(TM)as the optimal solution for customers such as China Netcom and China Telecom, the continued growth of telecommunications subscribers in China and the growth of the China market, the cost-effectiveness and other advantages of PAS(TM), the Company`s ability to obtain new contracts for its products and the continued acceleration of the execution of such contracts, and the positioning of the Company, are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of the PAS(TM)system, general demand for and acceptance of the Company`s products, competitive pricing pressure leading to declines in gross margins, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

SOURCE: UTStarcom Inc.

[panik]

http://www.forbes.com/2002/08/15/0815soapbox.html?partner=ya…


Star-Quality Stock
Nikhil Hutheesing, Forbes/Andrew Seybold`s Wireless Outlook, 08.15.02, 11:00 AM ET

NEW YORK - In this market, digging up a wireless company that is in strong financial condition with exciting business prospects is a tall order. I`ve found one, but the reason Alameda, Calif.-based UTStarcom is flourishing has nothing to do with the domestic market for wireless services.


Sign up for Forbes` Free Investment Guru Weekly e-mail.


Founded in 1991, this provider of telecom infrastructure, software and handsets operates in a faster-growing wireless market: China. While UTStarcom (nasdaq: UTSI - news - people ) headquarters are in California and most of its R&D operations are in Iselin, N.J., UTSI does most of its business from offices in Beijing. UTSI has three joint ventures that include two manufacturing operations owned by UTStarcom and affiliates of the Telecommunications Administrations in Guangdong and Zhejiang provinces. It also operates 12 customer-support and sales centers around China.

The company is run by two highly regarded Chinese executives. Its chief executive, Hong Liang Lu, was once the CEO of Kyocera Unison, a subsidiary of Kyocera International. Its vice chairman, Ying Wu, was once a member of the technical staff of Bellcore (now Telcordia) and was a consultant to AT&T Bell Labs, which is now part of Lucent Technologies (nyse: LU - news - people ).

UTStarcom offers the Chinese an affordable mobile service in 268 cities from Hangzhou to Xian. Its reach extends to a population of 1.2 billion potential users. Its wireless system is known as Personal Access System, and UTSI owns 60% of the market for this service, which it sells to hundreds of small telephone providers in China. Lucent and Shenzhen, Guangdong-based Zhongxing Telecom sell their own PAS systems, sharing the remaining 40% of the market.

At UTStarcom, sales of PAS equipment, service and handsets account for about 85% of revenue. UTSI`s PAS network is currently used by more than 5 million people. The company also manufactures and sells a wireline access system, an Internet Protocol-based switching system and PAS-compatible equipment that can be used in 3G networks. So the company has positioned itself for strong growth in other areas as well.

UTStarcom couldn`t be operating in a faster-growing market. In China, only 20% of the population has access to wired or wireless telephone lines--compared to 70% in America. That means more than 800 million people are waiting for service. The demand is so high that Joe Noel, an analyst with Pacific Growth Equities, estimates that China alone accounts for 50% of worldwide telecom growth and that, by 2005, the Chinese market will be double the size of the U.S. market.

Given the insatiable demand for wireless, UTSI has performed well. On July 18, it announced that during the second quarter it pulled in revenue of $232 million, exceeding analyst forecasts by 12%. Operating income rose to $34 million, compared with $15 million a year ago, and net income more than doubled to $26 million, or 22 cents per share.

That kind of performance is nothing new. From 1999 through 2001, revenue rose to $627 million from $187 million--an average annual growth rate of about 80%. Growth in earnings has been just as dramatic, with net income rising to $58 million from $15 million.

UTStarcom`s balance sheet is also strong, with more than $400 million in cash on hand and a mere $14 million of long-term debt as of the end of the second quarter. UTSI`s return on assets is 7.6%, compared to a 1.7% average for the telecommunications industry. Return on equity is 11% versus 5.8% industry average. Additionally, operating and net margins of 12.4% and 9.6%, respectively, are very strong.

Importantly, UTSI`s accounting policies are conservative. The company only books revenue for PAS when the cash comes in the door, which is prudent in the operating environment where the bluest-chip companies, such as China Mobile (nyse: CHL - news - people ) and China Unicom (nyse: CHU - news - people ), have accounts-payable buildup for 13 months.

Luckily for bargain hunters, UTStarcom`s price has been beaten down with the rest of the wireless sector. Shortly after UTSI went public in March 2000, at $18 per share, the stock hit $93. But it spent the rest of the year tanking. So far this year, the stock has dropped 30% and now hovers around $20. Joe Noel expects the company to earn $1.05 per share for the year, giving it a price-to-earnings ratio of 19.7.

One reason cited for UTSI`s mediocre market performance is that PAS, unlike cellular, is not a roaming network. It`s used in offices and apartment buildings (instead of wired connections), and in small cities where people walk or bicycle. But it won`t work in fast-moving automobiles. The worry: Once cellular becomes widespread in China, PAS could become obsolete.

The other risk is that China Mobile and China Unicom have been pressuring the government to stop PAS from operating. Regulations authorize full mobile service to China Mobile and China Unicom, and landline service to China Telecom.

While not inconsequential, these concerns are less serious today than a year ago, says Rex Dwyer, a senior equities analyst at Firsthand Capital Management. He points out that most Chinese don`t have cars and don`t travel far, so the cheaper PAS system works just fine. In areas where there are PAS systems and cellular systems, Dwyer says that most people opt for PAS because the service costs a fraction of cellular service. Others end up with two phones: a PAS phone they use at home and a cell phone for when they need to roam. So PAS continues to be a sought-after alternative, not just to cellular but also to landlines.

Could the Chinese government put the brakes on PAS altogether? In 2001, that concern was a big factor, and shares of UTSI plunged. Until recently, government officials seemed to have backed away from the idea, and PAS continued to be installed at great speed. This summer, the government again began looking at PAS service, but as more people depend on the service, putting an end to it becomes increasingly difficult and politically unpopular.

UTStarcom continues to gobble up market. So far this year, it has won about $285 million in contracts in China as well as Vietnam, Taiwan and Japan. In its second quarter, 21% of sales came from outside mainland China, up from 10% two years ago. UTStarcom has a small presence in India, which it plans to expand, and in Latin America--potentially a gold mine.

So here we have a fast-growing company and a sagging stock price. Firsthand`s Rex Dwyer has been buying the stock and it is now the largest holding in Firsthand`s Communication Fund and the second largest in its Global Tech Fund, accounting for more than 8% in each. We think UTSI is a good bet for wireless investors who want global diversification and can stand some risk.

[panik]

UTStarcom Vaults to Second Place in Global DSLAM Market According to New Report From Synergy Research Group
UTStarcom Ships 11 Percent of Global DSLAM Ports During Second Quarter
Tuesday August 20, 1:00 pm ET


ALAMEDA, Calif., Aug. 20 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless, wireline and broadband access equipment, today announced that it has been named the world`s second largest provider of DSLAM products in the second quarter of 2002, according to a report from the Synergy Research Group ("SRG"). This marked UTStarcom`s debut in SRG`s quarterly market report, which provides estimates of the number of DSLAM ports shipped worldwide.
(Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
UTStarcom`s DSLAM solutions deliver high-speed Internet data and video services over a wireline network. Its IP-based DSLAM access network solution, the AN-2000IB(TM), is UTStarcom`s best selling DSLAM configuration. This configuration eliminates the need for costly ATM infrastructure and provides unlimited scalability, open interface and enables operators to provide value-added services to their consumers.

"This report confirms the rapid market acceptance of our IP-DSLAM offering, which the company only began shipping in the past year and provides service operators with a low-cost, high performance internet protocol-based solution that is more economical to deploy and provides higher data throughput than traditional ATM based DSLAM`s," said Hong Lu, president and chief executive officer of UTStarcom, Inc. "For us to be positioned among such well regarded companies as Alcatel, Sumitomo and Cisco is evidence of strength of our global market presence. In addition to our strong presence in Japan, we have had initial success in penetrating markets such as China, India and Latin America as our broadband offerings play an increasingly important role in the company`s strategy to diversify our revenue stream," Lu added.

According to the SRG report, UTStarcom shipped 11 percent of global DSLAM ports during the most recently completed quarter, or approximately 466,000 ports during the period.

"The fact that UTStarcom achieved second place in the DSLAM market in such a short period of time is a testament to the strength of UTStarcom`s technology and the booming Asian broadband market," said Stan Zhiyong Zou, Industry Analyst, Synergy Research Group. "UTStarcom`s fast rise in the DSLAM market, along with its growing presence in other Networking and Telecom equipment segments, is strategically positioning UTStarcom as a competitive leader in this growing region."

For more information on SRG or to purchase the full report, please go to synergyresearchgroup.com.

About Synergy Research Group

Synergy Research Group is a market research firm, which specializes in quarterly market analysis, market share analysis, forecasting, and strategic consulting. SRG offers a wide breadth of market research services to the equipment manufacturing, semiconductor, and financial communities.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit-based to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, N.J., Alameda, CA., Miami, FL., Taipei, Taiwan, Hong Kong, Tokyo, Japan; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, please visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, AN-2000IB, mSwitch and the UTStarcom name and logo are trademarks of UTStarcom, Inc., and its subsidiaries.

Forward Looking Statements

The foregoing statements regarding the market acceptance of the Company`s product offerings and technology, the Company`s success in penetrating markets outside of China, the Company`s ability to diversify its revenue stream, the growth of the Asian broadband market, the growth of the Company`s presence in other networking and telecommunications equipment segments and the Company`s competitiveness and strategic positioning are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of its products, general demand for and acceptance of the Company`s products and technology, competitive pricing pressure leading to declines in gross margins, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom Inc.

[panik]

UTStarcom Dominates Global Softswitch Market According to New Report From Infonetics Research
Thursday August 22, 1:02 pm ET


ALAMEDA, Calif., Aug. 22 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless, wireline and broadband access equipment, today announced that it has been named the world`s leading manufacturer of softswitch solutions in the second quarter of 2002, according to a report from Infonetics Research.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
The company`s mSwitch is an IP-based softswitching platform that supports both voice and data services over wireless and wireline access networks and can support multiple devices and services, including phones, personal handsets, corporate networks and the Internet.

"This marks our debut in Infonetics` quarterly market survey, and their findings document our increasing presence in a rapidly growing market as well as our ability to provide cost-effective, flexible and scalable solutions to service providers," said Hong Lu, president and chief executive officer of UTStarcom, Inc.

According to Infonetics Research, UTStarcom accounted for 51 percent of the global softswitch market port capacity in the second quarter of 2002.

"UTStarcom`s success in the softswitch market is remarkable," noted Kevin Mitchell, directing analyst at Infonetics Research, an international market research and consulting firm covering the networking and telecommunications industries. "Their success is being driven by their IP-based PAS system, which utilizes softswitch technology and is gaining market share in China, Taiwan and Vietnam, and by their ability to support a variety of wireline and wireless access network technologies, ranging from traditional copper to state-of-the-art offerings," he added.

For more information on the report from Infonetics Research, please go to www.infonetics.com.

About mSwitch

The mSwitch product is designed for network service operators to provide carrier-grade telecom service and value-added services to subscribers that are based on unified IP packet switching and routing technologies. The mSwitch product architecture is built with load sharing parallelism and redundancy to provide carrier-class high availability and high scalability. mSwitch provides full support for the industry standard SS7 signaling protocols, including [SS7 based] TUP, ISUP, [GSM] MAP and V5.x. mSwitch also provides support for standard Softswitch signaling protocols, including H.323, MGCP, MEGACO (H.248), and SIP.

mSwitch is also optimally designed to support the emerging 3G mobile switching standards, WCDMA and TD-SCDMA. Based on an all IP Core Network (CN) architecture required by the next release of 3G standard, the mSwitch is designed to be compliant with the emerging 3GPP Release 4/5 IP based 3G WCDMA core network standards while providing full interoperability with the current deployed Release 99 WCDMA standard.

In addition to a highly scalable architecture, the mSwitch network also comes with a fully integrated, web based Operation Support System (OSS) that provides subscriber management, automatic service provisioning, batch and real-time billing, and carrier-class centralized network management system.

By applying mobile technology to local exchange switching, the mSwitch enables key functionalities that most of today`s Class 5 PSTN switching systems are unable to support such as Local Number Portability (LNP) and VoIP terminal roaming capabilities (changing IP addresses without changing telephone number). Additional features such as Internet access authentication, fixed service roaming can also be supported.

The mSwitch is the central piece of UTStarcom`s WACOS architecture, a unified IP telecom network architecture that provides complete end-to-end infrastructure solutions that enables carriers to rapidly and cost effectively deliver competitive and revenue-generating services. UTStarcom is uniquely positioned to provide a total infrastructure solution, that are functionally compelling and economically more effective than circuit switching, using mSwitch Softswitch, WACOS Multi-service Media Gateway for trunking and for wireline (V5.x) and wireless (PAS) access, NetCore(TM) and NetEdge(TM) IP Switch and metro transport, and WACOS OSS.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit-based to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications services providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the company manufactures the majority of its products at two ISO9002 certified facilities located in China and maintains sales and customer support sites throughout Mainland China and in Iselin, N.J.; Alameda, CA.; Miami, FL.; Taipei, Taiwan; Hong Kong; Tokyo, Japan; Tel Aviv, Israel; and New Delhi, India.

For more information about UTStarcom, please visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, mSwitch and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward Looking Statements

The foregoing statements regarding the increase of the Company`s presence in certain markets, the rate of growth of such markets, and the Company`s ability to gain market share in markets such as China, Taiwan and Vietnam are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of its products, general demand for and acceptance of the Company`s products and technology, competitive pricing pressure leading to declines in gross margins, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom Inc.

[panik]

Reuters Company News
Softbank sells $72 mln of UTStarcom shares
Wednesday August 28, 8:51 pm ET


TOKYO, Aug 29 (Reuters) - Japanese Internet investor Softbank Corp said on Thursday it sold six million shares in UTStarcom Inc (NasdaqNM:UTSI - News) for $72 million, its latest effort to generate cash for its asymmetric digital subscriber line (ADSL) business, "Yahoo BB".
ADVERTISEMENT


Softbank plans to post a one-time profit of about 3.6 billion yen ($30 million) from the sale, it said in a news release.

Softbank America Inc, a wholly owned unit of Softbank, reduced its stake in the U.S. communications equipment maker to about 26 percent from 31 percent, but remains UTStarcom`s top shareholder.

Once the darling of Japan`s Internet bubble, Softbank has been looking to reduce its debt and raise money for "Yahoo BB", which it launched with Yahoo Japan Corp (4689.Q) in September.

Softbank is trying to leave the dot-com bubble behind by shifting its focus to "Yahoo BB", the nation`s second-largest provider of ADSL service after the Nippon Telegraph and Telephone Corp (Tokyo:9432.T - News) group with 779,000 subscribers as of July.

In the past year, Softbank has sold shares in Yahoo Inc (NasdaqNM:YHOO - News), online brokerage E*Trade Group Inc (NYSE:ET - News) and digital satellite broadcaster Sky Perfect Communications Inc (Tokyo:4795.T - News).

The Internet investor sold about $214 million of UTStarcom shares in February, reducing its holding in the U.S. firm from 42 percent.

Shares of Softbank were down 2.85 percent at 1,264 yen at 0039 GMT, compared with a 1.04 percent decline in the key Nikkei 225 average (^N225 - News). ($1=118.96 Yen)

[panik]

UTStarcom To Buy Back 6 Million Shares From SOFTBANK Corp.
Thursday August 29, 5:28 pm ET


ALAMEDA, Calif. -(Dow Jones)- UTStarcom Inc. (NasdaqNM:UTSI - News) bought back 6 million shares for about $72 million from its largest shareholder, Softbank Corp. , which signed a lock-up agreement that it won`t sell any additional shares until March 1.

In the last two days, Softbank has sold 12 million shares of UTStarcom, with the first 6 million sold through a block trade Wednesday. The sales together reduce Softbank`s stake in UTStarcom to 20%, although it remains the company`s largest shareholder.

Earlier Thursday, Yahoo Inc. (NasdaqNM:YHOO - News) announced it had repurchased 11.1 million shares from Softbank America for about $100 million. The sale cut the Japanese company`s ownership in Yahoo to 7.3% from 14.1%.

Softbank reiterated that it made the sales to help fund its "rapidly" expanding broadband business in Japan.

Shares of UTStarcom closed Thursday at $13.09, up 52 cents, or 4.1%, on heavy Nasdaq volume of 9.6 million shares, well above the average daily volume of 1.1 million shares. The shares bottomed to a year low of $12.28 on Tuesday.

-Carrie Kocik; Dow Jones Newswires; 201-938-5388

[panik]

Landis: Tech and value not opposites
Firsthand founder likes Skyworks, UTStarcom, Websense

By Mike Tarsala, CBS.MarketWatch.com
Last Update: 12:07 AM ET Sept. 3, 2002




SAN FRANCISCO (CBS.MW) -- Kevin Landis has heard the jokes before: a technology value fund is an oxymoron. Many investors insist that there aren`t any tech stock values to be had.

Landis is one of many tech fund mangers that have shown big losses so far this year. As of Thursday, his Firsthand Funds Tech Value (TVFQX: news, chart, profile) is down more than 55 percent since year to date, vs. a 42 percent decline by the average tech fund and a roughly 20 percent drop in the S&P 500 Index ($SPX: news, chart, profile), according to Lipper. The $850 million fund is down nearly 30 percent annually for the past three years.

After more than two years of sharp stock losses for the industry, Landis remains convinced that there are fast-growing tech companies out there that can be purchased at a bargain. They`re stocks investors might not know about -- and ones he said could eventually help lead a tech resurgence.



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"If you`re still investing in tech stocks, you`re driven by history, and an appreciation of the coming upside," Landis said. "We haven`t gotten into short-term trading tactics. We just want to own the best companies we can... betting that they`ll be the first to be rewarded once the rebound comes."

One of the stocks Landis says he`s recently purchased for his fund is Skyworks Solutions (SWKS: news, chart, profile). The company was created when the former Alpha Industries combined operations with Conexant Systems` (CNXT: news, chart, profile) communications chip business earlier this year. He says the company will benefit from ongoing consolidation in its industry. Landis also says the company could boost revenue, due to demand for new cell phones that come with color screens, and built-in cameras and MP3 music players. Skyworks closed down 47 cents Friday to $4.23 a share.

Communications gearmaker UTStarcom (UTSI: news, chart, profile) is another one of Landis` recently found favorites. The company makes a type of low-cost cell phone system that`s sold to governments in third-world countries. It costs less than setting up traditional cell phone service, and less than running wires. He says he likes the stock because its price is only 10 times next year`s earnings - less than many other Nasdaq-listed tech stocks. He says the company continues to build a sales backlog, and it shows a near-immunity to the tech industry`s slowdown. UTStarcom traded up 11 cents to $13.20 a share.

Landis says he also likes shares of Websense Inc., (WBSN: news, chart, profile), the maker of software that lets employers monitor the Internet sites visited by their employees. He says the company will boost sales, as more customers use the software to boost productivity. It also can be used to reduce a company`s legal risks, by blocking access to hate-group and porn sites. Landis says the company continues to build its deferred revenue. Websense shares fell 16 cents to $17.03 a share.

Mike Tarsala is a San Francisco-based reporter for CBS.MarketWatch.com.

[panik]

UTStarcom Announces $47 Million in Contracts For Its PAS(TM) Systems With China Telecom
Tuesday September 3, 8:05 am ET


ALAMEDA, Calif., Sept. 3 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading global provider of wireless, wireline and broadband access solutions, today announced that it has signed contracts with China Telecom valued at approximately $47 million for new and expansion of its PAS(TM) equipment in Southern China.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"The continued growth of PAS with China Telecom demonstrates PAS as a more cost effective solution than copper for local operators of China Telecom to deploy their services," said Hong Lu, CEO of UTStarcom Inc. "We believe PAS will drive 20% to 30% of added fixed line subscribers this year in China and gives the operators twice the monthly ARPU of copper. In turn, operators are seeing an increase in revenues and quick return on investment, which translates into more business for UTStarcom. We firmly believe that contracts such as these are indicative of the fixed-line operators` long-term commitment to the PAS technology as an extension of their fixed-line service."

About UTStarcom Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com .

PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS(TM) systems within the twelve provinces in China, the expected revenue from the expansion contracts for its PAS(TM) access systems in those provinces, the demand for PAS(TM) systems and continued commitment by fixed-line operators to PAS(TM) technology are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of the PAS(TM), general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom Inc.

[panik]

UTStarcom Establishes European Operations to Support Local Carriers In Deploying Its Market Leading, Cost-Effective Access Solutions
Global Expansion Comes After Achievements of Leading Market Position in DSL, Wireless Access and Next-Generation Voice Solutions in Asia and Worldwide; Headquartered in Frankfurt, Germany, Industry Veteran Bernd Schilp To Lead European Team
Wednesday September 4, 4:05 pm ET


ALAMEDA, Calif. and FRANKFURT, Germany, Sept. 4 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless, wireline and broadband access equipment, today announced that it has started operations in Europe, established its regional headquarters in Frankfurt, Germany and has appointed industry veteran Bernd Schilp to lead the European team.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"UTStarcom`s arrival in Europe is part of its global expansion plan aimed at extending its market leadership to geographies beyond its traditional focus on the Chinese and Asian regions," said David Robison, Vice President of International Sales and Marketing. UTStarcom has been recently named the world`s leading manufacturer of softswitch solutions and the world`s second largest provider of DSLAM products in the second quarter of 2002, according to market research firms Infonetics and Synergy Research Group. UTStarcom is also the established worldwide leader in PAS (Personal Access System), with over 10 million lines installed worldwide. "Establishing a presence in Europe allows us to bring to the local service providers the significant experience in mass deployment, coupled with the cost efficiency benefits already enjoyed by their Asian counterparts," added David Robison.

UTStarcom Brings Unique Advantages for European Carriers

With more than 15 million broadband, narrowband and wireless access lines currently in operation, UTStarcom has developed a unique experience in helping carriers to mass-deploy and support large-scale access networks. Million of subscribers to leading incumbent carriers like China Telecom and China Netcom in China and competitive carriers like Yahoo! Broadband in Japan and Fitel in Taiwan, connect every day to wireline and wireless networks powered by UTStarcom solutions.

"We believe that affordable, advanced communications for everyone are a key driver for the growth of a country`s economy anywhere in world. To make this vision a reality, UTStarcom has the unique ability to combine cutting-edge telecom technology with high cost efficiency, allowing carriers to profitably offer advanced services at reasonable rates and with quicker payback periods," said Bernd Schilp, Managing Director of UTStarcom Europe.

IP DSL: the key to "Broadband Europe"

To become widespread in Europe, DSL needs to be affordable to both subscribers and service providers and the availability of affordable DSL access is today on the agenda of most European governments and carriers. As a worldwide market leader with its IP DSLAM, UTStarcom brings to European carriers its unsurpassed experience and ability to deliver large IP-based DSL (IP-DSL) access networks. IP-DSL, thanks to its high cost efficiency and the flexibility of the IP protocol, finally allows operators to effectively deploy a broadband access infrastructure with limited CAPEX outlays and a quicker return on investment.

More than a way to enable just fast Internet access for virtually everyone, networks based on IP-DSL offer the ability to integrate voice and video in service packages that are both attractive and affordable to subscribers. Having being deployed in several million lines, UTStarcom`s IP-DSL network solutions are fully carrier-class and are based on robust industry standards for seamless integration with both existing circuit-switched and packet switched voice and data networks. QOS (Quality of Service), VPN/VLAN tagging and Multicast protocols (such as MPLS, DiffServ, IGMP) provide the mechanisms to implement advanced voice and video delivery functions. To assist carriers in assembling a compelling service proposition based on IP-DSL and a clear business plan to assess its profitability, UTStarcom Europe offers a full suite of professional services that supports carriers in service and business planning, financial modeling, sales and marketing efforts.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS(TM) systems within the twelve provinces in China, the expected revenue from the expansion contracts for its PAS(TM) access systems in those provinces, the demand for PAS(TM) systems and continued commitment by fixed-line operators to PAS(TM) technology are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of the PAS (TM), general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

[panik]

UTStarcom Announces $18 Million in Contracts for Its PAS(TM) and iPAS Systems With China Netcom
Thursday September 5, 4:01 pm ET


ALAMEDA, Calif., Sept. 5 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading global provider of wireless, wireline and broadband access solutions, today announced that it has signed contracts with China Netcom valued at approximately $18 million for new and expansion of its PAS(TM) and iPAS (IP-based PAS) equipment in northern China.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"Cities in northern China continue to deploy UTStarcom PAS and iPAS wireless access systems as PAS and iPAS continue to help those local operators bring in more subscribers and more revenue," said Hong Lu, CEO of UTStarcom Inc. "We continue to improve the cost performance of both our systems and handsets providing our operator customers with quicker investment return and our end user consumers with newer models and added functions today and in the near future."

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS(TM) systems within the twelve provinces in China, the expected revenue from the expansion contracts for its PAS(TM) access systems in those provinces, the demand for PAS(TM) systems and continued commitment by fixed-line operators to PAS(TM) technology are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of the PAS (TM), general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom Inc.

[panik]

UTStarcom Announces Contracts Valued at $24.8 Million for its PAS(TM) And IP-Based PAS Equipment With China Telecom
Contracts Demonstrate Continued Strength of Business With China Telecom
Thursday September 12, 8:01 am ET


ALAMEDA, Calif., Sept. 12 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless, wireline and broadband access solutions, today announced that it has signed contracts valued at approximately $24.8 million with China Telecom for new and expanded deployments of its PAS (Personal Access System) and IP-based PAS equipment in Southern China.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"This agreement, combined with a contract announced in early September, brings to $71.8 million in total contracts that UTStarcom has announced with China Telecom this month," noted Ying Wu, chief executive officer of UTStarcom (China).

"The continued adoption of PAS in China`s southern provinces demonstrates value we provide for both operators and their customers. With PAS and IP-based PAS, operators realize accelerated subscriber growth while consumers experience a high quality and affordable service, including high-speed wireless data and value-added services. In addition, IP-based PAS provides the platform for future generations of service offerings which enables operators to position well for the years to come," he added.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland

China and in Iselin, New Jersey; Alameda, California; Frankfurt Germany; Taipei, Tokyo; Israel, Vietnam and India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS(TM) systems within the twelve provinces in China, the expected revenue from the expansion contracts for its PAS(TM) access systems in those provinces, the demand for PAS(TM) systems and continued commitment by fixed-line operators to PAS(TM) technology are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of the PAS (TM), general demand for and acceptance of the Company`s products, non- recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

[panik]

UTStarcom Signs $34 Million in New PAS(TM) and IP-Based PAS Contracts with China Netcom
Agreement Demonstrates Continued Strong Business in Northern China
Monday September 16, 4:14 pm ET


ALAMEDA, Calif., Sept. 16 /PRNewswire-FirstCall/ -- UTStarcom, Inc., (Nasdaq: UTSI - News), a leading global provider of wireless, wireline and broadband access solutions, today announced that it has signed contracts valued at approximately $34 million with China Netcom for the company`s PAS and IP-based PAS (Personal Access System) equipment in the provinces of Henan and Inner Mongolia in northern China.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
The agreements cover primarily new deployments in a few sizable cities in those two provinces. Together with these new contracts, UTStarcom has announced approximately $52 million in new business with China Netcom in the month of September alone.

"These contracts in the new cities clearly indicate accelerated adoption of PAS and IP-based PAS in northern and inland provinces of China after the split of the former single China Telecom entity. It demonstrates both the growing presence of our technology and the significant market potential for PAS in the region," said Simon Le, senior vice president of UTStarcom (China).

"Our continued success in the northern region of China reflects the benefits we provide China Netcom by offering a technology that delivers accelerated subscriber growth and a rapid return on their investment. At the same time, IP-based PAS represents a platform upon which operators will build future generations of service offerings for their customers," he added.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, New Jersey; Alameda, California; Frankfurt Germany; Taipei, Tokyo; Israel, Vietnam and India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS(TM) and IP-based systems within the Henan and Inner Mongolia Provinces in China, the expected revenue from these contracts, the continued strong demand for PAS(TM) systems the ability for the company to continue to provide the benefits to China Netcom by offering a technology that delivers accelerated subscriber growth and a rapid return on their investment and commitment by China Netcom to PAS(TM) technology are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of the PAS (TM), general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

[panik]

UTStarcom Signs Contracts With China Telecom For Approximately 80,000 Lines of Its IP-Based DSLAM Product
Contract Represents UTStarcom`s First Large-Scale IP-DSLAM Deployment in China
Wednesday September 18, 4:05 pm ET


ALAMEDA, Calif., Sept. 18 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless, wireline and broadband access solutions, today announced that it has signed contracts with China Telecom to deploy approximately 80,000 lines of its IP- based ADSL broadband solution in the Zhejiang province of China.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
This marks the first major deployment in China of the Company`s AN- 2000IB/AN-2000B-800 IP-based DSLAM access network solution that delivers high- speed Internet data, VPN, VOD and other broadband services over a wireline network.

"This agreement continues to strengthen our competitive position in the DSLAM space in the region, which also includes a major deployment with BBTC of Japan," said Jack Wu, Director of Product Marketing and Management of UTStarcom (China). "This news follows the recent report from the Synergy Research Group that named UTStarcom as the world`s second largest provider of DSLAM products for the second quarter of 2002, confirming the rapid market acceptance of our IP-DSLAM offering which the Company only began shipping in the past year. We have achieved this success by offering service operators with a low-cost, high-performance Internet protocol-based solution that is more economical to deploy and provides higher data throughput than traditional ATM-based DSLAMs."

"As China`s Internet access providers migrate to broadband platforms to meet the demands of consumers for greater bandwidth, our IP-based DSLAM solution is ideally positioned to meet the needs of this fast growing market," continues Wu.

Wu adds that "Industry analysts believe that over the next three years, at least 20 million of the current 200 million fixed line users in China will choose ADSL for broadband access. Because we can deliver solutions over the existing wireline network, eliminating the need for a costly ATM infrastructure, fixed line operators can achieve a faster return on their investment by using our technology. This is and has always been a cornerstone in UTStarcom`s ability to win business."

This deployment represents a major expansion by China Telecom of DSLAM system capacity for its ADSL broadband service initiated several years ago. UTStarcom`s contracts represent more than half of the added capacity and its solutions will be deployed in five major cities in Zhejiang province. The Company also continues to be engaged in field trials for its AN-2000IB/AN- 2000B-800 products with other operators in a number of provinces.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, New Jersey; Alameda, California; Frankfurt, Germany; Taipei, Taiwan; Tokyo, Japan; Israel, Vietnam and India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

PAS, AN-2000, AN-2000IB, AN-2000B-800, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the impact of the China Telecom agreement and related deployment on the Company`s competitive position, the rate of market acceptance of its DSLAM offerings, the likelihood and speed of the migration to broadband platforms in China, anticipated customer demand for greater bandwidth and for the Company`s products, the rate of growth of such markets, the number of users in China who are expected to choose ADSL for broadband access, the Company`s ability to deliver solutions over existing wireline networks, the ability of operators to achieve faster returns using the Company`s technology, the Company`s ability to continue to win business, and the success and continuation of the Company`s deployments and field trials are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of its products, general demand for and acceptance of the Company`s products and technology, competitive pricing pressure leading to declines in gross margins, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom Inc.

[panik]

UTStarcom CEO of China Operations, Ying Wu, and CTO, Bill Huang, to Speak At the Third Annual 3G Mobile China International Summit in Beijing
Executives to Provide Update on the Success of UTStarcom`s WCDMA R&D Field Trials in Shanghai and Shenzhen
Thursday September 19, 4:05 pm ET


ALAMEDA, Calif., Sept. 19 /PRNewswire-FirstCall/ -- UTStarcom, Inc., (Nasdaq: UTSI - News), a leading global provider of wireless, wireline and broadband access solutions, today announced that its Chief Executive Officer of China Operations, Ying Wu, and Chief Technology Officer, Bill Huang, will speak at the third annual 3G Mobile China International Summit being held in Beijing on September 23 and 24, 2002.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Ying Wu will participate in the President`s roundtable panel discussion on the outlook for China`s 3G market with key officials from the Ministry of Information Industry`s ("MII") administration and frequency planning departments as well as executives from some of the largest domestic and international wireless system providers and operators.

As part of these discussions, Wu will give an update on the initial success of UTStarcom`s WCDMA R&D field trial systems in Shanghai and Shenzhen. To date, these two trial systems, utilizing commercial grade handsets, have not only successfully achieved transmission of high quality voice, data and multimedia services but have also provided many first-hand measurements of WCDMA radio network characteristics and system performance results. "We believe that in sharing our experiences through these trials, we are able to instill confidence in the strength and maturity of WCDMA as a 3G solution," Wu stated.

"Based on these results and feedback from our operator partner, UTStarcom is confident in the reliability and strength of its 3G system as it participates in the competitive marketplace," noted Wu. "We plan to accelerate our WCDMA R&D field trials by increasing the size of current coverage and setting up new trials in Beijing and Hangzhou over the course of the next six months."

In addition to Ying Wu`s participation in the roundtable, CTO, Bill Huang will address the forum in a speech entitled "Next Generation IP and Softswitch for 3G Operators."

"This forum is an excellent opportunity for UTStarcom to highlight the advantages that its IP and Softswitch networks can provide 3G operators worldwide," stated Bill Huang. "As a founding member of the International Softswitch Consortium ("ISC"), UTStarcom has always taken a leadership role in the research and development of IP and Softswitch networks."

Huang noted that, with competition greater than that faced by traditional cellular operators, 3G operators must carefully balance between matching the pace of technological advantages in order to keep up competitively and ensure a cost-effective and timely network roll-out and operation strategy. He noted that a 3G system that is based on IP and Softswitch network architecture, like that of UTStarcom, is designed to provide technological and cost-effective solutions with multiple advantages such as:

-- Simple and cost-effective network design and structure;
-- Increased network efficiency and seamless migration from 3GPP R99
system to 3GPP R4/5 All-IP system;
-- A shortened cycle of network deployment; and
-- Significantly lower investment and operational costs


"Based on our already market-proven Softswitch platform, UTStarcom`s 3G system clearly articulates the strength of the company`s technological leadership and its dedication to the advancement of telecommunications services worldwide," Huang noted.

The summit is co-organized by the China Institute of Communications and Institute for International Research with the support of the Ministry of Information Industry regulatory body in China. More than 500 industry leaders from China`s major operators, equipment and service vendors and technical experts are expected to participate in the summit.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the participation of certain of the Company`s officers at the summit, the reliability and strength of the Company`s 3G system, the Company`s plans to accelerate its WCDMA R&D field trials in cities such as Beijing and Hangzhou, and anticipated benefits resulting from use of the Company`s products such as increased network efficiency, shortened cycle of network deployment and lower investment and operational costs are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of the 3G and SoftSwitch platforms, general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

[ROTEBLITZ]

UTStarcom Announces Contracts Valued at $22 Million for Its PAS(TM) And IP-Based PAS(TM) Systems With China Telecom
Tuesday September 24, 4:04 pm ET


ALAMEDA, Calif., Sept. 24 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless, wireline and broadband access solutions, today announced that it has signed contracts valued at approximately $22 million with China Telecom for new and expanded deployments of its PAS and IP-based PAS(TM) equipment in Southern China.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"The continued adoption of PAS in China`s southern provinces demonstrates the value we provide for both operators and their customers," Stated Hong Lu, President and CEO of UTStarcom. "With PAS(TM), operators realize accelerated subscriber growth and a rapid return on their investment, while consumers experience a high quality, affordable service. In addition, iPAS provides the platform for value added services and future generations of service offerings."

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Frankfurt, Germany, Taipei, Taiwan; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS(TM) and IP-based PAS(TM) systems in Southern China, the expected revenue from these contracts, the demand for PAS(TM) systems and continued commitment by fixed-line operators to PAS(TM) technology are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of PAS(TM), general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

[panik]

9:29AM UTStarcom could benefit from China Telecom IPO: Pac Growth (UTSI) 14.66: Pacific Growth Equities reiterates Over Weight and sees upside to Sep qtr estimate of $0.29; notes that China Telecom has filed for an IPO of its stock on the NYSE and that it will use some of the proceeds for network equipment upgrades; Pac Growth believes this could provide tremendous revenue opportunities for UTSI.

[panik]

UTStarcom Announces Contracts Valued at $22.2 Million for Its IP-Based PAS(TM) Systems with China Telecom
Tuesday October 1, 9:01 am ET


ALAMEDA, Calif., Oct. 1 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless, wireline and broadband access solutions, today announced that it has signed contracts valued at approximately $22.2 million with China Telecom for new and expanded deployments IP-based PAS(TM) equipment in Southern China.
(Photo: http://www.newscom.com/cgi-bin/prnh/20021001/SFTU067 )
"We are seeing great strength in the adoption of our IP-based PAS(TM) solution throughout Southern China," said Johnny Chou, Chief Operating Officer of UTStarcom Inc. "This emphasizes the value that China Telecom places on the need for next generation capabilities and features. Using our IP-based PAS(TM) technology, China Telecom is able to offer PAS(TM) with the full benefit of 64k data and value added services today, while also using the same platform to migrate to more advanced technologies and capabilities in the future. "

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Frankfurt, Germany, Taipei, Taiwan; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of IP-based PAS(TM) systems in Southern China, the expected revenue from these contracts, the demand for PAS(TM) systems and continued commitment by fixed-line operators to PAS(TM) technology are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of PAS(TM), general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom Inc.

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UTStarcom Establishes North American Sales Presence for Its Industry Leading Multi-Service Wireless, Access and IP-Softswitch Solutions
Enlists Industry Veteran to Open North American Sales Operations
Wednesday October 2, 4:05 pm ET


ALAMEDA, Calif., Oct. 2 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading global provider of wireless, wireline and broadband access solutions, today announced that industry veteran John Giarolo, has assumed the role of Vice President for North American Sales and will lead the company`s planned expansion into the North American market. Before coming to UTStarcom, Mr. Giarolo held the position of Vice President of Sales for Luminous Networks, an industry leading optical networking company and prior to that Mr. Giarolo held the position of Vice President of Sales for Convergent Networks, a broadband telephony infrastructure solutions provider.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"John makes an excellent addition to the UTStarcom sales team, bringing with him many years of experience and expertise in helping carriers expand both their service offerings as well as their revenue base," said Dave Robison, Vice President of International Sales and Marketing for UTStarcom Inc. "We have no doubt that the combination of UTStarcom`s world class technology with John`s seasoned background will have a positive impact on our business, but more importantly, on the way that carriers can and will offer wireline and wireless communications services."

UTStarcom has grown to be one of the world`s leading providers of broadband access, wireless access and IP-based switching network technology by developing innovative solutions supporting a rich awry of high quality converged voice and data services.

With more than 15 million broadband, narrowband and wireless access lines currently in operation throughout the world, UTStarcom`s highly flexible mobile access solutions enable carriers to deploy and support large-scale access networks, while simultaneously extending pass-through benefits such as lower cost/tariff service plans to their subscriber customers. Millions of subscribers throughout China, Japan, Taiwan and soon Vietnam and North America will connect every day from wireline and wireless networks all powered by UTStarcom solutions.

Solutions

UTStarcom`s highly flexible IP architecture represents the emerging generation of telecom switching and aggregation products which satisfies carrier demands for cost-effective, flexible, and highly scalable network solutions. With its mSwitch architecture, UTStarcom offers carriers a solution that combines centralized data management with distributed processing over a unified IP-based infrastructure.

While the Company`s AN-2000 MSAN(TM) multi-service access network platform is an integrated access platform that delivers traditional voice and a host of broadband data services to subscribers over a wireline network. In addition, the AN-2000 MSAN solution can be deployed in any network topology over fiber, copper, or microwave radio. The demand for both solutions has been so great that UTStarcom has now been confirmed as the world`s leading supplier of softswitch technology*, and the second largest supplier of DSLAM solutions worldwide.**

Finally, UTStarcom`s PAS(TM) system is designed as the first mobile communications platform to fully address the demands of those subscribers who desire an alternative to current fixed line or cellular service offerings, UTStarcom`s PAS(TM) wireless access network technology which extends mobility to the local loop so that service providers can offer competitive integrated wireless voice and data services within a city or community. The PAS solution seamlessly integrates into the existing PSTN via GR-303 / V5.2 or two-wire interface. As a result service providers can turn unused switching capacity into revenue-generating services in a new customer category -- wireless subscribers. With PAS service providers can quickly and cost-effectively build out the wireless access network to offer value-added services that are not possible with a traditional wireline network.

* Infonetics Research
** Synergy Research Group


About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure. UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world. Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Frankfurt, Germany, Taipei, Taiwan; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding, without limitation, the deployment and market opportunity for UTStarcom`s wireline and wireless product offerings in the U.S., the anticipated growth or success of those products in the U.S., the timing of the assembly and deployment of related products, the anticipated value of the contract or relationship between the Company and potential customers are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of the Company`s products, general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom Inc.

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UTStarcom Announces Commercial Deployment of Its PAS(TM) Personal Access Telecommunications Systems in the United States with Stellar Holdings
Thursday October 3, 9:01 am ET


ALAMEDA, Calif., Oct. 3 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading global provider of wireless, wireline and broadband access solutions, today announced a commercial deployment agreement in the United States for the deployment of its PAS(TM) systems. Per the agreement with Stellar Holdings, LLC, which currently holds equity interest in telecommunications, data operating and telecommunications network manufacturing companies in Canada and the United States, PAS(TM) technology and related components will be used to provide city-wide wireless access to residents in select rural communities.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"PAS technology is an emerging solution with a significant market opportunity in the United States," stated Sandra Ross Operating Partner and Chief Administrative Officer of Stellar Holdings. "PAS is a proven technology that we believe will flourish in the United States by providing mobile phone services in underserved communities, in hospitals, office buildings, campus environments and as a second phone line enabling such services as voice and 64K data, short messaging and location identification."

"We chose to partner with UTStarcom because of their extensive market-proven experience in emerging markets worldwide and because its leading technology enables us to immediately begin assembly and deployment of systems that will deliver value-added wireless services today. The PAS technology allows us to use existing infrastructure and migrates it into next generation networks enabling us to offer our customers expandable voice, data and video services rapidly," Ross added, "We believe this relationship with UTStarcom will exceed $50 million in value over the next 2 to 3 years. Expansion plans include several additional rural cities in the U.S. and Canada."

Under the terms of the initial contract, Stellar Holdings will license the PAS(TM) technology and purchase PAS components from UTStarcom and complete final assembly of those components in the United States. The initial deployment is valued at approximately $2.0 million and which will operate within the existing PCS frequency spectrum, is scheduled to be fully operational by the first quarter of 2003.

"UTStarcom is enthusiastic about this commercial contract for PAS(TM) in the United States," said Hong Lu, Chief Executive Officer of UTStarcom Inc. "This deployment provides further proof of the viability and strategic advantages of the PAS system in various market situations worldwide and also demonstrates increasing market acceptance as the world`s third mobile/wireless standard behind GSM and CDMA." "Furthermore," Lu added, "It marks another significant milestone toward UTStarcom`s commitment to becoming a leading global telecommunications provider."

About PAS(TM)

PAS(TM) is a personal wireless access system, which offers the consumer the convenience of a mobile phone with the cost advantages of a fixed-line phone. In contrast to the highly competitive and more costly mobile market, PAS(TM) has the advantage of a 69 gram, low-radiation, 800 hour standby/6 hour talk-time battery handset, with the additional potential for high-speed 64kpb/s data transmission, wireless email and Internet access, all at a lower cost to the consumer. UTStarcom`s PAS(TM) provides city-wide mobile phone service for communities of up to several hundred thousand subscribers at traffic densities of upwards of 15,000 subscribers per square kilometer. Telephone service providers appreciate the PAS(TM) system for its cost and efficiency as it is integrated into the existing wireline network and does not require any modifications to the central office switch or incremental mobile switching hardware adaptations. There are over 15 million PAS(TM) subscribers worldwide with major deployments in China, Japan, Taiwan among others.

About Stellar Holdings, LLC

Stellar Holdings, LLC ("Stellar") was founded by telecommunications investors and former telecom executives in 2000. Stellar`s Principals and investment professionals collectively have over 75 years of experience in telecommunications, finance, management, operations, development, dispositions and leasing. Stellar`s Fund I was established to capitalize on the current investment opportunities in telecommunications and related assets, including real estate with the primary investment objective of achieving superior returns through opportunistic acquisitions and investments with a minimum IRR target of 35%. Stellar currently holds equity interest in telecommunications, data operating companies and telecommunications network manufacturing companies in Canada and the United States.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers are public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Taipei, Taiwan; Hong Kong; Tokyo; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the deployment of PAS(TM) systems within the initial cities in the United States, the expected revenue from these contracts, the expected expansion contracts, the demand for PAS(TM) systems and continued commitment by fixed-line operators to PAS(TM) technology are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of the PAS(TM), general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom Inc.

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UTStarcom: Shining Bright
This California-based telecom-equipment provider is bucking the trend by focusing on emerging markets, such as China




Analyst Ari Bensinger follows communications-equipment stocks for Standard & Poor`s


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I wish I had a dime for every time I`ve heard the term "poor visibility" in a communications-equipment outfit`s conference call. I would quickly accumulate an amount equal to the current market cap of some of those very same depressed companies!

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Nevertheless, poor visibility isn`t just a buzz phrase that`s used as an excuse when corporations miss their lowered sales guidance. It`s the truth. To spur cash flow and boost their stock prices, telecom carriers continue to lower their capital-spending budgets to the lowest levels in decades.

It`s no wonder that equipment suppliers continue to struggle for profitability and miss their earnings targets. But one is seeing higher sales and is exceeding its forecasts: UTStarcom (UTSI ) in Alameda, Calif. It has consistently surpassed the Street`s estimates and raised its earnings-per-share guidance in most of the 10 quarters that it has been public.

ALREADY BOOKED. One reason for UTSI`s enviable record is its conservative revenue-recognition policy. UTSI records revenue only when it obtains customer acceptance of products, instead of booking it as soon as the products are shipped. Goods sent to customer locations but that haven`t yet received final acceptance (meaning the customer is happy with the product) remain in inventory on UTSI`s balance sheet. This practice helps predict revenue.

While other communication-equipment companies refuse to give specific revenue guidance, UTSI says 100% of its third-quarter revenue is from previous orders, and 50% to 70% of fourth-quarter sales are already booked.

UTSI provides equipment for wireline and wireless telecom networks. For traditional wireline networks, it offers a broadband-ready access system called AN-2000 that consists of both central-office terminals and remote terminals linked together to form a digital access network. UTSI`s mSwitch delivers multiple voice and data services using a highly distributed architecture. The company also markets a variety of handsets manufactured by multiple Japanese manufacturers under the UTStarcom label.

TWO-FER SYSTEM. The bulk of its revenue, however, is derived from its "personal access network system" (PAS), which allows service providers to offer voice and data services over fixed wireless and citywide wireless mobile networks. Its mobility functions are completely integrated into the access network architecture and require no central-office switch modification or incremental mobile switching hardware. By integrating PAS into the existing access network, service providers can take advantage of unused central-office switching capacity to carry incremental wireless traffic loads.

PAS enables telecom providers to create networks in emerging markets having not only have the reliability and scalability of wireline services but that also provide consumers with the convenience and mobility of wireless service. PAS has a strong history of success, with approximately 8.1 million lines installed in 268 cities around the world.

UTSI`s most significant success has been in China, which has more than 9 million PAS subscribers. Given its entry into the World Trade Organization and considering that the Olympics will be held in Beijing in 2008, China is more determined than ever to ensure that it`s telecom infrastructure allows it to compete in the global marketplace.

ECONOMIC OOMPH. The country`s demand for communication services is highlighted by its low "teledensity" rate -- a measure of the number of lines per hundred people -- of about 14%. That compares to a teledensity rate of 40% in Europe and 66% in the U.S.

China`s ability to invest heavily in its communication infrastructure is fueled by its strong economy. The Economist Intelligence Unit -- a leading provider of economic, political, and business information -- estimates that China`s gross domestic product will grow at a compound annual rate of nearly 7.5% from 2001 to 2005.

Driven by robust growth, pent-up consumer demand, and Beijing`s commitment to an advanced infrastructure, Standard & Poor`s expects China`s communications market to exhibit extremely strong growth over the next several years. Over the past 10 years, UTStarcom has built an expansive network of access lines and established relationships at all levels of China`s telecom industry, making it well-positioned to benefit from the country`s robust telecom growth.

TECH LIMITS. In late August, UTSI`s stock price came under considerable pressure, as the company`s largest shareholder, Softbank, sold 12 million common shares over two days (6 million shares in a block trade, and 6 million shares to UTSI as a buyback). The sale reduced Softbank`s stake in UTSI from 32% to 20%.

We believe that Softbank`s selling reflected the need to generate cash to help support startup costs of its broadband service, Yahoo BB, in Japan rather than any negative sentiment toward UTSI`s outlook. We also note that Softbank needs to retain its current 20% ownership to report UTSI`s profits in its earnings. Indeed, Softbank reiterated its commitment to UTSI by voluntarily signing an agreement not to sell any more shares until March, 2003.

A bigger challenge for UTSI concerns PAS`s technological limitation. Since PAS is overlaid on a fixed-line network, its wireless ability is confined to the home network, so PAS phones can`t "roam," or be used outside a local area. Most observers view PAS as a transitional technology until cellular systems become more readily available in China. In particular, investors are wary that UTSI`s primary customer, China Telecom, will likely receive a license to offer cellular service sometime in the next few years.

DOUBLING UP. China Telecom will plenty of time to launch such a service and convince its customers to pay more for it. PAS service is much cheaper than cellular technology: On average, customers pay about one-eighth the cost of cellular service available from the major Chinese operators. That`s why customers usually own two phones, a PAS handset for home use and a cellular device for outside their local service area. Plus, PAS is attractive to carriers` bottom lines, since the return on investment for it is about two to three years, considerably faster than cellular.

Given the strong demand for UTSI`s wireless and wireline access products, we expect 2002 revenue to rise 50%. Gross margins should widen about 100 basis points, to 37%, as UTSI sells more products outside China (margins are higher in other nations) and as handset margins rise. We project operating margins at an impressive 16%.

Overall, we at S&P forecast earnings per share of $1.01 in 2002 and $1.36 in 2003. We believe our earnings estimates could be revised significantly higher as UTStarcom increases its exposure outside China to developing nations such as India and Vietnam.

UNDERVALUED? Given our assumption that China`s telecom market will continue to show strong growth, we believe UTSI will increase annual EPS over the next three years by 30%. With shares trading at a price-to-earnings multiple of approximately 15 times our 2002 EPS estimate, and a related p-e to growth (PEG) ratio of 0.5, well under the peer-group average of about 1.0, the stock appears undervalued.

The balance sheet is solid, with a low debt-to-equity ratio and a strong current ratio of 3. In light of UTSI`s attractive end-market opportunity, upside earnings potential, and relatively low valuation, we have an accumulate recommendation and believe the shares are likely to outperform the S&P 500-stock index over the next 6 to 12 months.


Analyst Bensinger follows communications-equipment stocks for Standard & Poor`s
Edited by Karyn McCormack

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Reuters Company News
UTStarcom Q3 breaks records, close to India deal
Thursday October 17, 4:08 pm ET


ALAMEDA, Calif., Oct 17 (Reuters) - UTStarcom Inc. (NasdaqNM:UTSI - News) on Thursday said third-quarter revenues surged 56 percent, as the maker of network equipment gear for the fast-growing Chinese telephone market posted its eleventh record quarter.
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The supplier of network gear to China and other emerging Asia-Pacific markets also boosted its outlook for the fourth quarter, saying the first quarter of next year was well on its way to being booked and that 2003 looked solid.

In addition, company officials said they were close to signing a $100 million or more contract with an unnamed Indian customer -- its largest contract ever -- which would push the percentage of its sales outside of China to around 25 percent in 2003, up from the 15 percent level it is targeting in 2002.

Operating income, excluding non-cash write-offs on employee stock options and acquisitions, rose 55 percent to $33.6 million, or 30 cents per share, from $21.7 million, or 20 cents a share, a year earlier. The latest results were a penny per share ahead of the high end of the 27 cent to 29 cent range of earnings per share estimates, according to Thomson First Call.

Net earnings totaled $30.8 million, or 27 cents per share, compared with net income of $18.8 million, or 17 cents per share, a year earlier. Third-quarter net sales rose to $265.5 million from $170.5 million. Chief Financial officer Mike Sophie said in an interview that he was comfortable revenue would grow at least 31 percent in 2003 while earnings per share will rise about 28 percent.

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UTStarcom Q3 sets record, but `03 view disappoints
Thursday October 17, 7:39 pm ET

By Eric Auchard


NEW YORK, Oct 17 (Reuters) - UTStarcom Inc. (NasdaqNM:UTSI - News) on Thursday said third-quarter revenues surged 56 percent, as the maker of network equipment gear for the fast-growing Chinese telephone market posted its eleventh record quarter.
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The Alameda, California-based supplier of network gear to China and other hot Asia-Pacific communications markets also boosted its outlook for the fourth quarter and said first quarter 2003 targets were well on the way to being realized.

But a company known for consistently setting low financial targets disappointed investors when executives told financial analysts on a conference call after the report that its roaring growth rate would be cut nearly in half in 2003.

Sales are poised to grow 31 percent in 2003, resulting in earnings per share growth around 28 percent, Chief Financial Officer Mike Sophie said in an interview ahead of the report of the company`s outlook for the year ahead.

"Not only are we going to continue to do well in China but we are moving forward as a global company," Sophie said.

Specifically, the chief financial officer said UTStarcom was close to signing a contract worth $100 million or more with an unnamed Indian customer -- its largest contract ever.

"We are in the process of finalizing a deal that`s greater than a $100 million contract in India," he told Reuters.

NEAR-TERM BULLISHNESS OVERSHADOWED BY LOWERED OUTLOOK

Profits excluding non-cash write-offs on employee stock options and acquisition writedowns rose 55 percent to $33.6 million, or 30 cents per share, compared with $21.7 million, or 20 cents a share, a year earlier.

The results were a penny ahead of the high end of the 27 cent to 29 cent range of earnings per share estimates, according to broker research firm Thomson First Call.

Shares of UTStarcom, which initially rose as much as 4 percent on the results and news of the long-awaited deal, fell back 8 percent in what analyst Joe Noel of Pacific Growth Equities said was concern over the lowered financial guidance.

Referring to the company`s near-term sales targets, Sophie said the company was "100 percent booked for the fourth quarter and (has a) 50 to 70 percent firm backlog for the first quarter" of next year.

"We are guiding investors to expect about $1.275 billion (in revenue) next year," Sophie told Reuters. That compares to the $960 million UTStarcom has predicted for 2002 as a whole.

Earnings based on U.S. generally-accepted accounting principles will range between $1.18 to $1.22 per share in 2003, Sophie said. That`s a few cents ahead of the recent Thomson First Call consensus of analyst estimates of $1.33, calculations that exclude the costs of employee stock options and acquisition-related write-downs, he said.

Noel broke last week from the pack of analysts who track UTStarcom and set an independently calculated 2003 earnings target of $1.60 per share -- far ahead of the $1.20 to $1.43 range of estimates among analysts surveyed by Multex.

"Investors right now will pick on any little point unless everything is perfect and crystal clear," said Noel.

INDIA DEAL LIFTS HOPES OF DIVERSIFICATION

UTStarcom stock trades at half the level it did in January 2002, when uncertainties about the pace of growth in the Chinese network market and the position of UTStarcom`s fixed wireless technology began to pressure the hyper-growth stock.

The India deal promises to pushed percentage of its sales outside of China to around 25 percent in 2003, up from the 15 percent level it is targeting in 2002, Sophie said, marking the progress the company is making in diversifying beyond its dependence on the single, albeit fast-growing China market.

Third-quarter net sales rose to $265.5 million from $170.5 million. The company said it signed $200 million in contracts with China Telecom and China Netcom during the quarter for its Personal Access System (PAS), UTStarcom`s flagship product, which connects users to local fixed-line telephone networks.

The PAS fixed wireless technology allows callers to place and receive calls throughout a citywide calling area. PAS offers a low-cost alternative in the world`s most populous nation to more widely used nationwide wireless technologies.

Noel said that based on the comments of China Telecom and other customers in China, UTStarcom will do about $1.2 billion in sales in that one country alone in 2003.

Contracts in India, Japan and elsewhere will push UTStarcom revenues over the $1.4 billion level, Noel said, arguing that UTStarcom is once again underplaying its hand with forecasts.

"They meet, beat and raise their guidance every quarter," Piper Jaffray analyst Samuel May agreed.

[panik]

China "Little Smart" Subscribers Reach 10 Million At End-Sep
Thursday October 17, 11:44 pm ET


BEIJING -(Dow Jones)- The number of subscribers in China to the discount mobile phone service known as Xiaolingtong, or "Little Smart," grew to 10 million by the end of September, an industry executive said Thursday.
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That represents an increase of 1 million users since end-June, according to figures announced Thursday by Hong Lu, chief executive of UTStarcom Inc. (NasdaqNM:UTSI - News) , one of the major suppliers of equipment and handsets for the service.

Lu had previously predicted that the number of Xiaolingtong users would reach 12 million by the end of 2002. In a conference call with investors, he said the second and third quarters of the year typically see slower growth in subscribers than the fourth quarter.

The Xiaolingtong service is offered by two state-owned telecom operators, China Telecom Group and China Netcom Group. It competes with the standard mobile services offered by the two other state-owned companies, the parents of China Mobile (Hong Kong) Ltd. (NYSE:CHL - News) and China Unicom Ltd. .

China Telecom and China Netcom have never publicly announced their subscriber figures for Xiaolingtong.

Xiaolingtong is sometimes referred to as a "wireless cityphone" or "personal handyphone" because it doesn`t allow users to roam outside their home city.

But it makes up for that deficiency by costing much less to use than mobile phones: its rates are the same as those for local phone calls.

Still, there are relatively few Xiaolingtong users compared with the enormous mass of mobile phone users. According to government statistics, China had 185 million mobile subscribers at the end of August, an increase of 40 million users since the end of last year.

Those statistics don`t include Xiaolingtong subscribers. Because it uses existing local telephone infrastructure, China`s regulators consider Xiaolingtong to be an extension of fixed-line phone services.

"20% to 30% of this year`s total fixed-line subscriber additions in China will be on PAS systems," Lu said. In the year to August, China added 23 million fixed-line telephone subscribers to reach a total of 203 million.

Lucent Technologies Inc. (NYSE:LU - News) of the U.S., and Shenzhen-based ZTE Corp. compete with UTStarcom in the market for PAS equipment, and also resell handsets for the service made by Japan`s Kyocera Corp. .

Lu said about 6 million Xiaolingtong users nationwide are on UTStarcom`s network equipment, giving it a 60% market share.

-By Andrew Batson, Dow Jones Newswires; 8610 6588-5848; [e-mail]

[panik]

Reuters
UTStarcom to spend $97mln on China R&D centre
Sunday October 20, 2:50 am ET


HANGZHOU, China, Oct 20 (Reuters) - U.S. wireless gearmaker UTStarcom Inc (NasdaqNM:UTSI - News) said on Sunday it plans to spend $97 million on a research and development centre in eastern China, hoping to cash in on the country`s low cost and fast growing market.
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Johnny Chou, chief operating officer for UTStarcom (China) Ltd told visiting reporters the two million square-foot centre in the Hangzhou city of Zhejiang province would be complete next year.

"I asked the board for $97 million, and they gave me $97 million," Chou said.

The centre would develop base stations for its personal access system (PAS) wireless service, as well as broadband products, he said.

The Alameda, California-based company, which was founded by Chinese-born entrepreneurs and focuses on emerging markets, expects rapid growth in China from its PAS service, also known as "Little Smart".

Little Smart operates like a very powerful cordless telephone, allowing users the advantages of a mobile phone with the prices of a landline.

Chou expects users of Little Smart -- in which UTStarcom holds a 60 percent share of the China market -- to total 35 million by 2004 from an estimated 14 million at the end of 2002.

"Our PAS service is doing very well," he said. UTStarcom competes with Zhongxin Telecom (Shenzhen:000063.SZ - News) in selling their PAS gear in China.

About 20 percent of the company`s sales are generated outside China in markets such as Japan, Taiwan, Vietnam and India, while 80 percent comes from the mainland, Chou said.

The company hopes to generate half of its revenues outside China in five years, he said.

UTStarcom`s top shareholder Japanese Internet investor Softbank Corp (Tokyo:9984.T - News) has promised not to sell any more shares until early next year, Chou said.

Softbank, which originally held 42 percent of the company, now owns about a 20 percent stake in UTStarcom, he said.

Softbank reduced its stake in the firm in August this year in an effort to generate cash for another business.

[panik]

UTStarcom Announces First Contract with Cable and Wireless Group to Deploy IP-DSLAM in Latin America
Tuesday October 22, 9:05 am ET
80,000 Lines of IP-DSLAM to Be Deployed in Panama City, Panama


ALAMEDA, Calif., Oct. 22 /PRNewswire-FirstCall/ -- UTStarcom, Inc., (Nasdaq: UTSI - News), a leading global provider of wireless, wireline and broadband access solutions, today announced that is has signed a contract with Cable and Wireless Group to deploy approximately 80,000 lines of its IP-based ADSL broadband solution in Panama City, Panama.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
This marks the first major deployment of UTStarcom`s AN-2000IB(TM) IP-based DSLAM access network solution in the Central American region, as well as the Company`s first contract with Cable and Wireless Group, one of the world`s leading global communications providers with 2002 revenues of approximately $8.6 billion and customers in over 70 countries worldwide.

"Needless to say, we continue to be very encouraged by the overwhelmingly positive reception we are seeing for our IP-DSLAM solution on a worldwide basis," said Hong Lu, President and CEO of UTStarcom, Inc.

"This contract win represents what we believe will be a long and prosperous relationship with Cable and Wireless, a company with a 130 year history of being a telecommunications pioneer," added Rene Mendez, Caribbean and Latin American Director for UTStarcom.

According to a report by Infonetics Research, Inc., a leading global market research firm, the global DSLAM market is projected to have annual revenues of $3.5 billion by 2005. The report also states that "IP-based DSLAMs are being chosen in place of ATM-based DSLAMs as networks around the world are being architected with Ethernet and IP technologies that will allow for the delivery of new IP services such as VPNs, VoIP, and VoD." According to the Infonetics report dated August 19, 2002, as of the Second Quarter 2002, UTStarcom has the number one market share worldwide in IP-based DSLAMs.

About Cable & Wireless

Cable & Wireless is a major global telecommunications business with revenue of over #5.9 billion (US$8.6 billion) in the year to 31 March 2002 and customers in 80 countries and consists of two core and complementary divisions: Cable & Wireless Regional and Cable & Wireless Global. Cable & Wireless Regional offers a full range of telecommunications services in 33 countries around the world. Cable & Wireless Global`s focus is on IP (Internet protocol) and data services and solutions for business customers. It has developed advanced IP networks and value-added services in the US, Europe and the Asia-Pacific region in support of this strategy. With its financial strength and the capability of its global IP infrastructure, Cable & Wireless holds a unique position in terms of global coverage and services to business customers. For more information about Cable & Wireless, go to www.cw.com.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Frankfurt, Germany, Taipei, Taiwan; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding, without limitation, expectations relating to the continued or future relationship between the Company and Cable & Wireless Group, are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. The foregoing discussion also contains statements of a third party, including without limitation, statements regarding the anticipated future size and revenues of the global DSLAM market, expectations that IP-based DSLAM`s will be chosen or used in place of ATM-based DSLAMs, and expectations that networks will be engineered or designed with Ethernet and IP technologies that will allow the delivery of IP services such as VPNs, VoIP, and VoD, which are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially These factors include rapidly changing technology, the changing nature of telecommunications, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of IP-DSLAM, general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

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--------------------------------------------------------------------------------
Source: UTStarcom Inc.

[panik]

UTStarcom`s Successful PAS & iPAS Systems to Include Spectrum`s aXs Modules
Wednesday October 23, 7:02 am ET


BURNABY, British Columbia--(BUSINESS WIRE)--Oct. 23, 2002--Spectrum Signal Processing Inc. (NASDAQ:SSPI - News; TSX:SSY.TO - News), a leading provider of high performance wireless signal processing and packet-voice solutions, today announced that UTStarcom Inc. will deploy Spectrum`s aXs.620 module into its PAS(TM) and IP-based PAS(TM) wireless access network equipment. Spectrum has already shipped an initial order of its aXs.620 products to UTStarcom for this IP trunking application.
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UTStarcom`s very successful PAS and IP-based PAS systems are rapidly being deployed by vendors such as China Telecom and FITEL in high-growth markets around the world. In Mainland China, these systems already support over 10 million subscribers, with UTStarcom taking approximately 60% market share. To date, UTStarcom has shipped over $1 billion in PAS and IP-based PAS systems, and believes total PAS subscriber numbers in Mainland China will reach 20-25 million by the end of 2003.

Spectrum`s aXs.620 module will perform both voice and packet processing for the PAS and IP-based PAS systems, allowing high-density connectivity between UTStarcom`s IP-based wireless networks and a variety of TDM-based wireline networks. The high-density aXs.620 subsystems enables UTStarcom to process 1920 voice-channels in each slot of a PAS or IP-based PAS system.

"Spectrum`s unique aXs modules bring compelling advantages to our PAS product line," said Bill Huang, Vice President and CTO of UTStarcom. "First, the very high density of the aXs modules allows UTStarcom to greatly reduce the size and, therefore, the cost of each IP-based PAS system. Second, the enhanced VoIP functionality in voice coding and echo cancellation broadens Next Generation network markets for UTStarcom."

"Coming off the back of our recent design win in UTStarcom`s 3G equipment, Spectrum is very pleased that UTStarcom is further capitalizing on our aXs subsystems," stated Andy Talbot, VP of Spectrum`s Network Solutions Group. "This is especially exciting because this design win represents an upgrade to an already extremely successful deployed system."

This UTStarcom win meets Spectrum`s 2002 design win milestone criteria.

About UTStarcom Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. The Company enables wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

The Company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Frankfurt, Germany; Taipei, Taiwan; Tokyo, Japan, Hong Kong; Tel Aviv, Israel; and New Delhi, India. UTStarcom was founded in 1991 and is headquartered in Alameda, California. The company is traded on the NASDAQ exchange under the symbol UTSI. For more information about UTStarcom, visit the Company`s website at http://www.utstar.com.

About Spectrum Signal Processing Inc.

Spectrum Signal Processing designs, develops and markets high performance wireless signal processing and packet-voice processing subsystems for use in communications infrastructure equipment. Spectrum`s optimized hardware, software and chip technology work together to receive, process, and transmit voice and data signals. Leveraging its 15 years of design expertise, Spectrum provides its customers with faster time to market and lower costs by delivering highly flexible, reliable and high-density solutions. Spectrum subsystems are targeted for use in media gateways and next-generation voice and data switches, satellite hubs, government communications systems and cellular base stations. For additional information about Spectrum and its flexComm and aXs product lines, please visit www.spectrumsignal.com.

This news release contains forward-looking statements related to the marketing of the Spectrum Signal Processing Inc. aXs product line. Although Spectrum has received an order for shipping aXs product to UTStarcom, development delays and customer issues could delay further shipments. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve risks and uncertainties, including the timely development and acceptance of Spectrum`s new products, the impact of competitive products and pricing, availability of components, changing market conditions and the other risks detailed from time to time in other company filings. Actual results may differ materially from those projected. These forward-looking statements represent the company`s judgment as of the date of this release and Spectrum may or may not update these forward-looking statements in the future.

(TM) aXs is a trademark of Spectrum Signal Processing Inc.
(TM) PAS and iPAS are trademarks UTStarcom Inc.


--------------------------------------------------------------------------------
Contact:
Spectrum Signal Processing Inc.
Liza Aboud, 604/421-5422 ext.152
Email: [e-mail]
or
Brent Flichel, 604/421-5422 ext. 247
Email: [e-mail]



--------------------------------------------------------------------------------
Source: Spectrum Signal Processing Inc.

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UTStarcom to Showcase Its Industry Leading Solutions at PT Expo in Beijing
Wednesday October 30, 9:05 am ET
Company to Highlight Its Complete 3G W-CDMA End to End Solution;
Future Plans For The Company Also Include The Support of the TD-SCDMA And CDMA2000 3G Standards


ALAMEDA, Calif., Oct. 30 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading provider of wireless, wireline and broadband access equipment, today announced that it will showcase its comprehensive IP-based solutions, including its complete end-to-end 3G solution, PAS/iPAS, mSwitch and broadband systems at the PT EXPO COMM CHINA 2002 Trade Show in Beijing, China from October 29 to November 2, 2002.
(Photo: http://www.newscom.com/cgi-bin/prnh/20021030/SFW021 )
Beijing PT/Expo Comm China 2002 is one of the largest telecom industry trade shows, held once every two years and sponsored by the Ministry of Information Industry ("MII"). This year, there are in excess of 500 vendors from over 24 countries participating in the event bringing the latest developments in telecommunications to thousands of visitors.

"As a leading provider of wireless, IP and broadband access solutions, UTStarcom is increasingly focused on the development of advanced telecommunications technologies and products that will greatly benefit our customer`s service offerings," said Ying Wu, CEO of UTStarcom China. "Through our IP-based solutions, we can effectively help our customers maximize their investment cost while at the same time providing more diversified services and functionalities; thereby increasing their revenues."

During the show, UTStarcom`s W-CDMA equipment will be highlighted and will provide coverage for UTStarcom`s booth as well as Panasonic`s and DoCoMo`s booths. UTStarcom will demonstrate such applications as video phones, 384k high speed mobile data, WAP/imode browsing and VoIP using various vendors` 3G commercial handsets. UTStarcom will also demonstrate 3GPP R5 IMS domain capability with VoIP SIP phone using UTStarcom softswitch mSwitch products. It is also the first time in the world that we demonstrate the phone calls between 3G and PAS. This signifies the interoperability of these two systems.

The Company`s initial 3G Wireless Solution and succesful trials are based upon the WCDMA standard. UTStarcom believes there is a very large market for and plans to deliver CDMA2000 and TDSCDMA solutions as well.

Also during the show, UTStarcom will demo its industry leading and widely deployed mSwitch IP-based softswitch system. Based on an open architecture, mSwitch can provide a comprehensive system platform which can support various access technologies ranging from narrowband to broadband, from PSTN circuit to IP packet systems.

In the broadband product area, UTStarcom will demonstrate its IP-based ADSL/VDSL DSLAM solutions which feature such attractive applications as running on ADSL/VDSL systems like the VOD, high speed internet access and various value added data services.

Finally, there will also be a live demo of UTStarcom`s tremendously successful PAS systems including, value added services, and C-Mode functionalities in which users can send and receive short messages and email, and browse the vast content on the web, download pictures and ring tones via a 64K wireless data connection.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Frankfurt, Germany, Taipei, Taiwan; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding UTStarcom ability help its customers maximize their investment costs, provide increased services and functionalities and increase revenues, the ability of UTStarcom`s 3G system to easily migrate from R99 to 3GPP R4/5 standard, and its ability to offer comprehensive system platforms are forward looking in nature. These risks and factors include rapidly changing technology, the changing nature of the global telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the development and deployment of the systems, the termination of significant contracts, partnerships or alliances, and uncertainties such as changes in government regulation and licensing requirements worldwide. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

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--------------------------------------------------------------------------------
Source: UTStarcom Inc.

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UTStarcom Inc. Signs $22.7 Million in Expansion Contracts in the Zhejiang Province in China
Wednesday October 30, 1:05 pm ET
Number of PAS Subscribers in Zhejiang Province Exceed 1.6 Million


ALAMEDA, Calif., Oct. 30 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading provider of wireless, wireline and broadband access equipment, today announced that it has signed expansion contracts with Zhejiang Telecom, a division of China Telecom Corporation valued at approximately $22.7 million for the Company`s PAS(TM) systems in various cities in the Zhejiang Province.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"China Telecom`s ever-expanding markets require fast-paced, reliable and cost effective telecommunications solutions, said Hong Lu, President and Chief Executive Officer of UTStarcom. "With PAS(TM), China Telecom can quickly and efficiently build out their wireless access network and services can be instantly deployed to meet specific subscriber requirements. The system`s dynamic channel allocation feature enables easy network expansion as subscribers` voice and data demand grows. UTStarcom is committed to adding new functions on our PAS(TM) systems and new features on our handsets so that more users can enjoy not only high-quality basic voice service but also take advantage of enriched value added data services."

Lu continued, "China Telecom is one of the largest fixed-line service operators in the world and UTStarcom is one of its premiere equipment providers. The strength of the relationship between the two companies has been elemental in the tremendous revenue growth that UTStarcom has experienced in the past few years. We further believe the Company will continue to grow its revenue significantly with China Telecom as we highlighted in our third quarter 2002 earnings conference call."

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Frankfurt, Germany, Taipei, Taiwan; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to expand its existing installations of the PAS(TM) systems in various cities in the Zhejiang Province of China, the expanding telecommunications market in China, increasing demand from subscribers for voice and data networks and capabilities, the Company`s estimate of continued strong revenue growth from China Telecom are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets both in the Unites States, China and worldwide, the termination of new contracts, partnerships or alliances in the Zhejinag Province, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.

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--------------------------------------------------------------------------------
Source: UTStarcom Inc.

[panik]

China Moves To Commercialize Domestic 3G Mobile Standard
Wednesday October 30, 11:47 pm ET


BEIJING -(Dow Jones)- China`s government has taken further steps to bring its homegrown third-generation mobile technology closer to commercial use, giving it a dedicated band of radio spectrum and pushing domestic equipment makers to support the standard.
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The technology, known by the acronym TD-SCDMA, was developed by the Chinese state-owned firm Datang Telecom Technology & Industry Group in cooperation with Siemens AG . They have promoted it as China`s solution for 3G mobile, the next-generation technology that promises to allow people to send pictures, music and other digital information at high speeds between their mobile phones.

The other two standards for next-generation wireless are W-CDMA, backed by European and Japanese companies, and cdma2000, backed by South Korean and U.S. firms including Qualcomm Inc. (NasdaqNM:QCOM - News) . Both of those standards have entered commercial use, though on a small scale, while products based on TD-SCDMA aren`t yet available.

At a government-sponsored ceremony Wednesday, Datang and seven other Chinese companies - including heavyweights Huawei Technologies Co. and ZTE Corp. - announced their support of the standard by forming the TD-SCDMA Industrial Alliance.

In a statement, Datang said it would share its TD-SCDMA patents with other members of the alliance, in a bid to accelerate development of commercial TD- SCDMA products.

And the Ministry of Information Industry, China`s telecom regulator, is also making preparations for the standard`s eventual commercial use. In a document dated October and seen Thursday, it allocated bands of radio spectrum to each of the three 3G mobile standards. W-CDMA and cdma2000 were each given a block of 60 megahertz, while TD-SCDMA got two blocks totaling 55 Mhz.

In a separate announcement Wednesday, U.S. telecom equipment maker UTStarcom Inc. (NasdaqNM:UTSI - News) , which has a strong presence in China, also said it planned to offer TD-SCDMA equipment in the future, in addition to gear based on the other two 3G wireless standards.

However, it is unclear whether the vendors backing the standard will be able to make a compelling case for TD-SCDMA to China`s mobile operators - or even whether all the members of the alliance are strongly committed to it.

"It is notable that the government has compelled the local industry to step forward and show support for the national standard," said Peter Lovelock, a consultant with MFC Insight. "It is equally notable, however, that almost nothing in the way of commitment is being required."

TD-SCDMA is incompatible with the two other 3G standards used elsewhere in the world, which would make it difficult for TD-SCDMA users to roam to other mobile networks. And with few companies competing to sell equipment, prices are likely to be higher than gear based on global standards.

Those factors limit the enthusiasm of mobile operators for the technology. TD- SCDMA`s backers hope the government will require companies to use the technology, perhaps as a condition for a 3G operating license.

But analysts point out that while the ministry`s public rhetoric has always praised TD-SCDMA, it didn`t give the standard particularly favorable treatment in the spectrum allocation. While it got another band of 100 Mhz in addition to the 55 Mhz blocks, that has to be shared with other applications.

-By Andrew Batson, Dow Jones Newswires; 8610 6588-5848; [e-mail]

[panik]

UTStarcom Signs $35 Million New IP-Based PAS Contract With China Netcom In Northern China
Monday November 4, 4:05 pm ET
Strong Demonstration of Continued Healthy Bookings for UTStarcom`s Next-Generation Technology in New Cities


ALAMEDA, Calif., Nov. 4 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading provider of wireless, wireline and broadband access equipment, today announced that it has singed a contract valued approximately $35 million with China Netcom Corporation for the company`s IP-based PAS (Personal Access System) equipment in the Heilongjiang province in northern China.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
This contract is a new deployment in one major city in the Heilongjiang province, and will provide services such as basic voice, data and value added services. In addition, as part of this contract agreement with the operator in Heilongjiang, additional contracts for both PAS and IP-Based PAS to be deployed in new cities in the province will be forthcoming.

"With our continued focus on technology innovation and performance efficiency for our PAS solutions, our customer`s reliance on the systems` has become more reliable and effective," said Johnny Chou, Chief Operating Officer of UTStarcom China. "Currently our IP-based systems not only successfully satisfy the operator`s demand to attract subscribers and add revenue, but they also provide a comprehensive suite of solutions such as data, value added services and a migration path to future technologies."

Chou added, "We have seen much success in recent quarters with newly deployed PAS systems. As such, we believe that both China Netcom and China Telecom are speeding up the deployment of new systems as well as expanding and optimizing earlier deployments. We believe our new higher power base stations, variety of handsets and value added services platform are key drivers in these new and expansion deployments."

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Frankfurt, Germany, Taipei, Taiwan; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to expand its existing installations of the PAS(TM) systems in various cities in the Zhejiang Province of China, the expanding telecommunications market in China, increasing demand from subscribers for voice and data networks and capabilities, the Company`s estimate of continued strong revenue growth from China Telecom are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets both in the Unites States, China and worldwide, the termination of new contracts, partnerships or alliances in the Zhejinag Province, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.

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--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

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UTStarcom Signs Contracts Worth $53 Million With China Telecom for New And Expansion Deployments of Its IP-Based PAS Equipment in South-West China
Wednesday November 13, 4:05 pm ET
IP-Based PAS Experiencing Faster Return on Investment for Operator With Value Added Service Platform


ALAMEDA, Calif., Nov. 13 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading provider of wireless, wireline and broadband access equipment, today announced that it has singed contracts valued approximately $53 million with China Telecom for the company`s IP-based PAS (Personal Access System) equipment in two cities in the south-west region of China. One of the cities will be a new deployment while the other city will begin a second expansion of its original deployment of April 2002.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"As China Telecom is very focused on revenue growth and profitability, we believe they have directed a significant amount of their capital expenditure budget to products that address their customers` service needs, such as our IP-Based PAS service platform," said Ying Wu, CEO of UTStarcom China. "The Value-Added Services that are available using our IP-Based PAS platform enable a higher ARPU and therefore a quicker return on investment for China Telecom. We believe this quick return on investment is one of the key reasons we are winning more and larger contracts from China Telecom."

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Frankfurt, Germany, Taipei, Taiwan; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to deploy new and expansion systems of its IP-Based PAS(TM) systems in two cities in the south west of China, the continued focus of China Telecom on subscriber and revenue growth, the ability for UTStarcom`s Value Added Service platform to enable a higher ARPU, the expanding telecommunications market in China, increasing demand from subscribers for voice and data networks and capabilities, the Company`s estimate of continued strong revenue growth from China Telecom are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets, the termination of new contracts, partnerships or alliances, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.

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--------------------------------------------------------------------------------
Source: UTStarcom Inc.

[panik]

http://http://www.forbes.com/global/2001/1029/025.html

20 for 2002
edited by John H. Christy and Alexandra Kirkman, 10.29.01

On the following pages FORBES GLOBAL presents its third annual list of the world`s best small companies. Just being in a hot sector isn`t enough. To qualify, a company must be publicly quoted, have sales of less than $500 million and a record of strong growth in revenue and earnings--or bright prospects if it is new. To find companies that fit the latter mold, we polled fund managers, entrepreneurs, bankers and equity analysts to come up with a group of these future stars.

As before, we have chosen 20 companies from our list that we believe are the cream of the crop in the universe of small companies. They have been highly recommended by our sources for their strong growth prospects, impressive management and innovative products and services. Because they`re expanding quickly and investing heavily, their numbers may look less than exemplary. Don`t be fooled. Some may well become industry heavyweights, as have such previous members of the list as France`s Infogrames, arm Holdings, and Infosys Technologies. Even if they don`t, they`ll put on a very good show trying.

The recent volatility of the stock market and the bleak economic outlook make it more difficult than ever to predict how these companies will fare. Past performance and the judgment of our sources point to these companies as ones to watch (see table).



20 FOR 2002

COMPANY* COUNTRY
Baron de Ley Spain
Carpetright UK
Chipita Greece
Cochlear Australia
Disetronic Switzerland
Ducati Motor Italy
Frucor Beverages New Zealand
Giant Taiwan
Kaba Holdings Switzerland
Moshi-moshi Hotline Japan
Net1 Applied Tech South Africa
Private Media Group Spain
Ramayana Lestari Indonesia
Rodriguez Group France
Tele Centro Oeste Brazil
Tomra Systems Norway
Torex UK
UTStarcom China
Want Want Holdings Singapore
Zapf Creation Germany

[panik]

http://redherring.com/insider/2002/11/tough_call111302.html
Special Report: China
A Tough Call
UTStarcom has battled bureaucrats and regulatory minefields to build a $1.6 billion wireless company--and the fight isn`t over.
By Blaise Zerega
November 13, 2002

Under the gaze of the towering, thousand-year-old Six Harmony Pagoda, 150 miles west of Shanghai, swarms of orange-helmeted workers are building a 230,000-square-foot glass-and-steel structure that, when complete in 2003, will look like a cross between Star Trek`s USS Enterprise and the Frank Gehry-designed Guggenheim Museum Bilbao--if the museum had a river flowing through it. The future building and its 49-acre site will be the Chinese research, development, and manufacturing center of U.S.-based UTStarcom, a network-equipment maker whose employees, believe it or not, refer to their new home as "Silicon Valley in Heaven."


UTStarcom will spend an estimated $90 million on the building, which is a testament to how successful the company has been in a country known for eating foreign companies alive (see "Defeated and Retreated,"). Through persistence, patience, and a smart long-term strategy, UTStarcom has managed to do what many technology companies, particularly those in telecommunications, can only pray for: its revenue, 85 percent of which comes from China, has soared from $76 million in 1997 to an expected $925 million in 2002. Since its IPO in March 2000 (Nasdaq: UTSI), UTStarcom has exceeded analysts` expectations every quarter and boasts 12-month profit growth of 47 percent on net income of $78.4 million for the same period.

UTStarcom`s success is proof that China, if only by fits, is transforming its economy from one that is government controlled to one that is market driven. But UTStarcom is also proof that China remains a tricky place to do business. The company`s fate depends on a capricious central government that so far has refused to grant full approval of UTStarcom`s technology or to let the company graduate from China`s small and midsize markets to the largest and most lucrative ones. While highly unlikely, the company notes in a recent SEC filing that a single stroke from a bureaucrat`s pen could "substantially harm our business, financial condition and results of our operations." In short, everything the company has worked so hard to build in the last 11 years would end in disaster.

Local Hero
In 1991, two entrepreneurs, Taiwan-born Hong Liang Lu, UTStarcom`s president and CEO, and China-born Ying Wu, president of UTStarcom China, founded separate joint ventures (one software, the other hardware) that would eventually merge to form UTStarcom. At the time, there was a great need in China for technologies from abroad because of the lingering impact of the Cultural Revolution of the `60s and `70s, when universities were closed, effectively killing innovation and leaving the country`s technology infrastructure frozen in time.

The telecom-equipment market was dominated by well-funded, large overseas firms like Ericsson, Motorola, and Nortel Networks, all of which sold imported equipment to China Telecom, an arm of the government and, at the time, the country`s only telephone company. China Telecom consisted of 31 cash-strapped provincial bureaus that had monopoly control on every possible telecommunications service and longstanding relationships with foreign suppliers. Such an environment did not bode well for a new company lacking the cash to finance sales of its own equipment. "The key competitive advantage for foreign firms was how much vendor financing they could provide local carriers," says Robert Mao, president and CEO of Nortel Networks China.

From the start, Mr. Lu and Mr. Wu, who merged their companies in 1995, understood that by going local, they could compete with the overseas multinational corporations (for a multinational perspective, see "A Chip of China,"). Though UTStarcom was headquartered in Alameda, California, it employed nearly all of its workers in China. Most of its officers were born in China, and the original two companies had close ties to local carriers and the government. These factors combined to give UTStarcom as much guanxi (know-how and business connections needed to navigate China`s complex markets) as a truly local firm. It also gave the company the opportunity to provide better customer service than its overseas competitors. Plus, by using local labor, it could offer lower prices. Yet guanxi would only get the company so far; it also needed technologies and products that were as good as or better than those of its rivals, and it needed to hit the market at just the right time.

A Little Smart
By the mid-`90s, China Telecom was in the midst of a massive program to build high-capacity network backbones for voice and data and for delivering universal service to the nation. But, like carriers in the United States, China Telecom`s ambitions were thwarted by the high cost of bridging the so-called last mile from network to handset. Spotting this problem, UTStarcom, which had already been granted one of only eight licenses to sell equipment that connects a city`s network to the nation`s long-distance network, began working with Yuhang Telecommunications Bureau, a relatively small China Telecom operator on China`s southeast coast. The idea was simple: devise a wireless technology to connect a mobile phone to existing copper-line networks and avoid the expense of wiring individual homes and office buildings.

In Europe and Japan, carriers had attempted this in the `90s with only limited success because of the high cost of special switches needed to manage the hybrid network traffic. UTStarcom, however, sought to develop a version of the technology that would not require additional switches and that used existing bandwidth with IP-based routing efficiently. Called personal access system (PAS), the company`s new technology would enable a traditional telephone company to offer local wireless services at a fraction of the cost of the two main wireless technologies, GSM and CDMA.

In July 1996, UTStarcom petitioned the Chinese government and received approval to begin field trials with China Telecom. Fourteen months later, in December 1997, the Yuhang Telecommunications Bureau offered the first commercial application of UTStarcom`s technology to a few dozen subscribers in a 5-square-kilometer service area.

Called Xiaolingtong, or "Little Smart," this local wireless service has become a runaway success. By year-end, more than 10 million people are expected to use Little Smart services offered by China Telecom and China Netcom (China`s second traditional phone company, spun off of China Telecom in early 2002), double the number of subscribers in 2001, according to BDA China, a telecommunications consultancy based in Beijing. Granted, Little Smart is not nearly as popular as GSM wireless services, used by 180 million subscribers, nor is it designed to accommodate roaming--the ability to use a cell phone when traveling over a wide area. But its low price and reliable voice and data services make it the right fit for price-sensitive customers within China`s burgeoning population of phone users. "It`s a McDonald`s strategy," says Mr. Lu. "We make something that everyone can afford. GSM cell phones are expensive steak houses."

Little Smart customers get the wonders of wireless at the price of a traditional telephone: a monthly charge of about $3 and, for the calling party, about $0.02 a minute. Meanwhile, subscribers to GSM or CDMA services from China Mobile and China Unicom, the country`s two wireless carriers, can pay double these rates and twice as often--the caller and receiver both pay for airtime. Little Smart also offers data transmission capabilities of 32 Kbps, allowing subscribers to connect to the Internet or send text messages from their mobile handsets. For UTStarcom, Little Smart is a Trojan horse to win over carriers until they`re ready to buy more equipment and offer the next generation of mobile phone services, known as 3G.

If all this sounds too good to be true, it is. UTStarcom`s unique market position puts it squarely in the eye of a regulatory storm and is a clear example of why doing business in China can be so dangerous.

Oh My, M-I-I
In 1996, when UTStarcom petitioned the Ministry of Post and Telecommunications (later renamed Ministry of Information Industry, or MII) for a license to sell its PAS equipment, the ministry granted a trial license--never a full license. Since then, says Vincent Wang, a consultant at BDA China, "the company has operated in a gray area, where as long as it kept a low profile, enjoyed modest success, and its technology was used only by carriers in small cities," the government ignored the violation. After all, UTStarcom was helping China Telecom, a state-owned enterprise, to fulfill its universal-service ambition.

In 1999, however, Little Smart became popular enough to pose a competitive threat to China Mobile and China Unicom (Hong Kong: 0941, 0762), publicly traded companies and the darlings of a faction of MII bureaucrats. Suddenly, MII was caught between trying to foster competition (the reason it spun off the wireless carriers from China Telecom in the first place) and wanting to enforce its regulatory powers. The wireless carriers argued that UTStarcom lacked the required license to sell its PAS equipment and that China Telecom (and later China Netcom) was not authorized to sell wireless services. After fierce lobbying by China Telecom, MII agreed to let Little Smart continue to operate in small and midsize cities.

But the following year, with almost no warning, MII announced it was taking another look--likely because of continued infighting between ministry bureaucrats who were promarket and those aligned with the wireless carries. The critics of UTStarcom viewed any threat to China Mobile and China Unicom as bad for share prices and, consequently, negative for China`s national image. In May, the government halted installation of new Little Smart networks pending a technical review. "The experts spoke with customers, did field tests, and examined carriers` return on investment," says Mr. Lu. In June, the government announced that the service could continue--but again, only in small and midsize cities.

The service has since endured further regulatory challenges by China Mobile and China Unicom, both of which maintain that Little Smart`s wireless spectrum encroaches on that of GSM and CDMA services, and that UTStarcom`s equipment illegally uses spectrum set aside for 3G services. Each challenge is a direct threat to UTStarcom, but the company has stubbornly stayed the course in a telecommunications market that has had more regulatory jumps and reversals than a game of Chinese checkers.

An Elephant Fight
Despite its setbacks, UTStarcom is not content on being just a midsize player. It wants its revenue to grow well beyond $1 billion, and to do that, it needs to ensure that Little Smart takes hold in a big city like Beijing or Shanghai, where the number of users could quadruple almost overnight. Just this past spring, China Netcom tried to offer the renegade wireless service in a suburb of Beijing, and immediately was shut down by the government.

Mr. Wu brushes aside such regulatory scrapes. His company, he says, has market forces on its side, and "eventually, the market will choose the best technology."

Had China Netcom succeeded, the event would have legitimized Little Smart and, consequently, UTStarcom`s role as an equipment supplier in China. There is almost no way the government, carefully grooming itself for free trade and fearful of political unrest, would turn off the phone service of so many millions of people--to do so would be positively uncommunistic. For now, the government is determined to keep Little Smart out of the big cities and to keep such a crisis at arm`s length. UTStarcom is also playing its cards right: "A large company wouldn`t have taken the risk, and a small company wouldn`t have the capacity to handle the demand," says BDA China`s Mr. Wang.

At press time, China Telecom had registered for a dual listing on the New York Stock Exchange and the Stock Exchange of Hong Kong, with an offering scheduled for late October. China Netcom is expected to follow next year. Such moves bode well for additional purchases of UTStarcom equipment, because both carriers will need a wireless story to sell to investors--Little Smart now and 3G services in the future. Moreover, once publicly traded, these companies become beholden to shareholders, not government ministers. Public markets will demand that the carriers buy the best equipment and offer the most compelling services to as many customers as possible.

By the time this happens, however, UTStarcom could feel the heat of increased competition. Since 1991, when the company first entered China, local equipment companies have gone from being almost nonexistent to claiming as much as 80 percent of the Chinese market. UTStarcom now competes with Zhongxing Telecommunications Equipment, a Chinese firm, and Lucent Technologies, even as it maintains 60 percent market share for Little Smart equipment.

In the end, consumer demand is what matters. As the central government`s bureaucrats have squabbled over which carriers can sell wireless services where, and whose equipment is licensed for use, Little Smart has been introduced to more than 400 small and midsize cities, and UTStarcom has probably become unstoppable.

As Dan Brody, managing director of the U.S. Information Technology Office, a Beijing-based American trade group, says, "When elephants fight, the grass gets trampled, but the mice have fun."

Write to Blaise Zerega

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UTStarcom Says Spent US$10 Million On China Telecom Shares
Thursday November 14, 10:27 pm ET


HONG KONG -(Dow Jones)- Nasdaq-listed UTStarcom Inc. (NasdaqNM:UTSI - News) , which provides wireless, wireline and broadband access equipment, invested about US$10 million in China Telecom Corp. shares, its Chief Executive Officer for China said Friday.
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Wu Ying told reporters he believed China Telecom, which debuted on Hong Kong`s stock exchange Friday, was a "growth story."

The stock debuted at HK$1.40, down 5.4% from its offer price, including fees, of HK$1.48. However, it soon rose a touch, stabilizing at about HK$1.45.

Asked about China Telecom`s sluggish share price performance early, Wu said: " the short term share price is difficult to comment on, you have to look at the broader market."

"However, we believe it has growth potential, including broadband development."

UTStarcom said Thursday it would supply about US$53 million in telecommunications equipment to China Telecom.

-By Wendy Lim and Liz Rudall, Dow Jones Newswires; 852-2802-7002; [e-mail]

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UTStarcom Signs Additional $61 Million Contracts for Its IP-Based PAS Systems in Northern China
Thursday November 21, 9:05 am ET
China Netcom Accelerating PAS Deployments


ALAMEDA, Calif., Nov. 21 /PRNewswire-FirstCall/ -- UTStarcom Inc. (Nasdaq: UTSI - News), a leading provider of wireless, wireline and broadband access equipment, today announced that it has singed contracts valued at approximately $61 million with China Netcom Corporation to deploy the company`s IP-based PAS (Personal Access System) equipment in several new cities in one province in northern China.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"We clearly believe these contracts are indicative of China Netcom`s belief in utilizing the PAS system as the best, most cost-effective solution to meet its customer`s needs, said Simon Le, Vice President of Sales for UTStarcom China. "We are also clearly seeing a shift towards our IP-based PAS solution which enables such extra revenue generating services as short messaging, web surfing, location identification and music downloads among others. As the Chinese consumer becomes more sophisticated in its wireless needs, so will UTStarcom be there to offer the best solutions for those needs."

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Frankfurt, Germany, Taipei, Taiwan; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding China Netcom`s continued belief in utilizing the PAS system as the best, most cost-effective solution to meet its customer`s needs, the continued acceleration of PAS deployments by China Netcom, the continued shift towards and IP-based solution, the increased sophistication of the Chinese consumer and the Company`s ability to be there to offer the best solutions for the customers` needs are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets in China and worldwide, the termination of new contracts, partnerships or alliances with China Netcom, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.

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Source: UTStarcom, Inc.

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8:30AM UTStarcom cut to Sell at UBS (UTSI) 20.50: UBS downgrades to SELL from Buy. At 21x 2002 earnings, stock appears fairly valued given its growth, but its high accounts receivable and particularly high inventory depresses its discounted cash flow valuation.

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UTStarcom Signs Key Strategic Alliance Agreement With Datang Mobile to Develop and Promote International 3G Standard
Monday November 25, 9:05 am ET
UTStarcom`s 3G Platform Will Now Support Each of the TD-SCDMA, WCDMA and CDMA2000 Standards; Allowing for Greater Operator Flexibility


ALAMEDA, Calif., Nov. 25 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading provider of wireless, wireline and broadband access equipment, today announced the signing of a strategic partnership with Datang Mobile ("Datang"), marking their joint effort to develop and promote the TD-SCDMA 3G standard. The partnership between UTStarcom and Datang, which began in early 2000, will provide a complete 3GPP R4 compliant end-to-end TD-SCDMA solution, using UTStarcom`s IP-based core network, Datang`s base stations and a co-developed radio access network. UTStarcom`s leading-edge technology in IP and softswitch, together with Datang`s expertise in TD-SCDMA technology will provide a complete end-to-end IP-based solution for the TD-SCDMA network.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"3G brings a precious development opportunity for China`s telecommunications industry in the new century," said Mr. Ru`an Tang, Chief Operating Officer of Datang Mobile. "We believe that through the synergy of our combined technical advantages, our partnership will be able to deliver commercial TD-SCDMA systems ahead of the launch of China`s 3G market, thus allowing for TD-SCDMA to prove its advantages in technology, cost and migration from legacy networks. Through this important partnership with UTStarcom, we expect our products and technology will satisfy the rigorous demands of operators and their customers."

"We are especially pleased to be working with such a strong partner, Datang, to facilitate the technology development of TD-SCDMA," said Laqiang Teng, Sr. Vice President of UTStarcom China. "UTStarcom will fully utilize its existing IP-based softswitch system, mSwitch, to support the TD-SCDMA platform and will cooperate with Datang in the development of key system equipment."

UTStarcom has been focused on the development of third generation communication systems since 1997, and has developed comprehensive 3G solutions to support multiple International standards including WCDMA, TD-SCDMA and CDMA2000.

About Datang Mobile

Datang Mobile Communications Equipment Co., Ltd., founded in Feb 2002, is a subsidiary of Datang Telecom Technology and Industry Group which is a major telecommunication technology product vendor in China with about total 10 thousand employees. The main business scope of Datang Mobile is to develop the 3G wireless communication solutions and provide the comprehensive products and services of TD-SCDMA systems, and the company is actively developing the TD-SCDMA technology since it`s founded.

About UTStarcom Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Frankfurt, Germany, Taipei, Taiwan; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India

For more information about UTStarcom, visit the Company`s website at www.utstar.com .

PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to develop and promote a complete end-to-end TD-SCDMA 3G Network in association with Datang Mobile, the ability for UTStarcom to offer greater operator flexibility, the co-development of the radio access network, the partnerships` ability to deliver commercial TD-SCDMA networks ahead of the launch of China`s 3G market, allowing for TD-SCDMA to prove its advantages in technology, cost and migration from legacy networks and our expectation that our partnership will produce products and technology will satisfy the rigorous demands of operators and their customers are forward-looking in nature and subject to risks and factors that may cause actual results to differ materially. These risks and factors include rapidly changing technology, the changing nature of worldwide telecommunications markets, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, the termination of significant contracts, partnerships or alliances, particularly with Datang Mobile, and uncertainties such as changes in government regulation and licensing requirements worldwide. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

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Source: UTStarcom Inc.

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UTStarcom Announces Contract Valued at $31.7 Million For Its IP-Based PAS Systems With China Telecom
Tuesday November 26, 9:05 am ET
Over $200 Million in PAS Contracts Announced in Q4; Providing Additional Visibility Going Into 2003


ALAMEDA, Calif., Nov. 26 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading provider of wireless, wireline and broadband access equipment, today announced that it has signed a contract valued approximately $31.7 million with China Telecom to deploy its IP-based PAS (Personal Access System) in the Jiangsu Province in China. This contract will include a deployment in one new city as well as expansion deployments in several surrounding cities in the Province.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"With our continued focus on technology innovation and performance efficiency for our PAS solutions, our customer`s reliance on the systems` has become more reliable and formidable," said Johnny Chou, Chief Operating Officer of UTStarcom China. "Currently our IP-based systems not only successfully satisfy the operator`s demand to attract subscribers and add revenue, but they also provide a comprehensive suite of solutions such as data, value added services and a migration path to future technologies."

Chou added, "We have seen much success in recent quarters with newly deployed PAS systems. As such, we believe that China Telecom is quickening the pace for deployments in new cities as well as expanding and optimizing earlier deployments. We believe our higher power base stations, wide variety of handsets and value added services platform are key drivers in these new and expansion deployments."

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Frankfurt, Germany, Taipei, Taiwan; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s continued focus on technology innovation and performance efficiency for our PAS solutions, our customer`s reliance on the systems`, our ability to not only successfully satisfy the operator`s demand to attract subscribers and add revenue, but to also provide a comprehensive suite of solutions such as data, value added services and a migration path to future technologies, and our belief that China Telecom is quickening the pace for deployments in new cities as well as expanding and optimizing earlier deployments are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances in the Jinagsu Province, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.

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Source: UTStarcom Inc.

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UTStarcom Showcases Its AN2000 Total Broadband Solution at ITU Telecom Asia 2002
Monday December 2, 4:52 pm ET


ALAMEDA, Calif., Dec. 2 /PRNewswire-FirstCall/ -- UTStarcom, Inc., (Nasdaq: UTSI - News), a leading provider of wireless, wireline, and broadband access equipment, today announced that it will showcase its comprehensive network solution, focusing on its IP-based AN2000 broadband platform at ITU Telecom Asia 2002, December 2-7 in Hong Kong.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"The demand for broadband access grows daily throughout the world, particularly in the Asian-Pacific region," said Hong Lu, president and CEO of UTStarcom, Inc. "Increasing numbers of Internet service providers have begun to employ broadband access technologies to provide enriched information services. UTStarcom`s IP-based solution is designed to satisfy these high-growth markets and help customers to receive a quick return on their investment."

The highlight of UTStarcom`s exhibition at ITU Asia is the company`s comprehensive broadband network solution, AN2000, that delivers functions of access, aggregation, transmission, digital cross-connect and protocol conversion, among others into one integrated and convenient platform. This system, via copper, fiber, or wireless transmission facility, provides both broadband data and traditional voice services, enabling a seamless network migration from narrowband to broadband.

This comprehensive network access solution includes these advantages: 1) It supports multiple services, including POTS, payphone, PABX, ISDN, analog/digital leased-lines, LAN, and "always on" broadband data services; 2) It adopts a modular architecture so that the network can be expanded conveniently; 3) It offers a range of choices for transmission, allowing service providers to use any transmission facility to deliver quick and effective services from the local exchange to customer locations; 4) It employs open interfaces to facilitate interoperability with other networks and provides a seamless migration path to next-generation networks; and 5) It adopts the NMA that greatly simplifies network operations and lifts comprehensive network management capability.

UTStarcom will also demonstrate its comprehensive application of broadband called "Family Office World," which provides VOD, visual telephone, and wireless access. The Family Office World demonstrates UTStarcom`s vision for future-oriented broadband access networks that provide high-speed Internet data, video, and various value-added services, and realizes the widely expected intelligence and networking of office works and family life. It not only highlights the huge market potential of broadband telecom facilities and services, but also provides limitless inspiration to operators and end-users.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Frankfurt, Germany; Taipei, Taiwan; Tokyo, Japan; Tel Aviv, Israel; and New Delhi, India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the demand for broadband access, UTStarcom`s ability help its customers receive a quick return on investment, and provide increased services and functionalities, are forward looking in nature. These risks and factors include rapidly changing technology, the changing nature of the global telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the development and deployment of the systems, the termination of significant contracts, partnerships or alliances, and uncertainties such as changes in government regulation and licensing requirements worldwide. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

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Reuters
UTStarcom eyes 60 pct of China mobile phone market
Tuesday December 3, 8:10 am ET


HONG KONG, Dec 3 (Reuters) - U.S. telecoms infrastructure provider UTStarcom Inc (NasdaqNM:UTSI - News) said on Tuesday it expected to grab a 60 percent share of the Chinese mobile phone market next year, when the number of users is seen doubling to 25 million. UTStarcom President Ying Wu said the company had had regular contact with Chinese authorities, who gave it assurances that China would not hamper the growth of mobile phone systems.
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Wu told Reuters the company had been granted permission to install its personal access system (PAS) in all major cities except Beijing and Shanghai.

"In every other city where we had signed a contract (to provide the system), it was approved," Wu said on the sidelines of a telecoms conference in Hong Kong. "We don`t feel that there is any political risk."

U.S. investment bank Merrill Lynch has forecast 25 million PAS users in China in 2003 -- an estimate Wu said was reasonable, adding he expected about 60 percent of them to be on UTStarcom`s network.

Wu estimated there were about 10 million PAS users in China this year, about six million of them on the UTStarcom network and another one million using its PAS mobile handsets.

China Telecom, the country`s largest fixed-line phone firm, is the biggest buyer of UTStarcom`s PAS communication system, commonly known as "Little Smart" in China. These provide mobile phone services within a city at relatively low cost using the existing wired phone systems as a base.

But unlike traditional wireless services, PAS systems are limited to individual cities and have no roaming function.

Wu said his company sold about US$680 million worth of mainly PAS network gear in China this year, short of its target of US$970 million.

PAS is a more affordable system than full-fledged mobile networks, with an average revenue per user (ARPU) of just 65 yuan (US$8.3).

By comparison, ARPU for mobile networks offered by China Mobile (HKSE:0941.HK - News) and China Unicom (HKSE:0762.HK - News) is more than 100 yuan a month.

Investors fear China Mobile and Unicom may take a profit hit if the cheaper system becomes more popular.

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UTStarcom Signs $30 Million Contracts With China Netcom to Deploy Its IP-based PAS Systems
Wednesday December 4, 4:05 pm ET


ALAMEDA, Calif., Dec. 4 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading provider of wireless, wireline and broadband access equipment, today announced that it has singed contracts valued at approximately $30 million with China Netcom Corporation for its IP-based PAS (Personal Access System) equipment in the Liaoning and Shandong Provinces of China. These contracts will encompass three new city deployments as well as several expansion plans for existing deployments.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"We firmly believe that the enhanced system functionalities and competitive pricing of our IP-based PAS system are key factors in driving our many recent contract wins, said Ying Wu, CEO of UTStarcom China. "Most recently, our value added service platform enabling services such as 64k data, short messaging and music downloads, has driven significant consumer demand for the PAS technology. China Netcom is now capitalizing on that demand by adding new cities and expanding existing PAS deployments. As a result, UTStarcom is able to capture greater market share."

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Frankfurt, Germany, Taipei, Taiwan; Tokyo, Japan; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com .

PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to expand its existing installations of the PAS(TM) systems in various cities in the Liaoning and Shandong Provinces of China, the expanding telecommunications market in China, increasing demand from subscribers for voice and data networks and capabilities, the Company`s estimate of continued strong revenue growth from China Telecom are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets both in the Unites States, China and worldwide, the termination of new contracts, partnerships or alliances in the Liaoning and Shandong Provinces, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom Inc.

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UTStarcom Once Again Named World`s Second-Largest DSLAM Provider by Infonetics Research
Thursday December 5, 4:05 pm ET
Company Captures Market Lead in Less Than One Year with IP-Based DSLAMs That Deliver Triple Play of High-Speed Internet Access, Voice, and Video


ALAMEDA, Calif., Dec. 5 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless, wireline, and broadband access equipment, today announced it has been named the world`s second-largest provider of DSLAM products in the third quarter of 2002, according to a report from Infonetics Research. With more than 500,000 ports shipped in the third quarter, UTStarcom accounted for 14 percent of all DSLAM ports shipped worldwide, up from nine percent in the second quarter.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"UTStarcom has captured a significant and growing share of the DSLAM market in the year since we introduced our IP-DSLAM platform," said Hong Lu, president and chief executive officer of UTStarcom, Inc. "The phenomenal response to our products shows that carriers worldwide need cost-effective, scalable solutions that satisfy their customers` hunger for higher bandwidth and more services now. UTStarcom`s platform lets carriers offer the triple-play of high-speed Internet access, voice, and video today and at the same time offers a migration path to the all-IP network of the future."

According to Infonetics Research, IP-DSLAMs such as those from UTStarcom are gaining significant momentum around the world as carriers architect their networks with Ethernet and IP technologies that will allow for delivery of new IP services such as virtual private networks (VPNs), voice over IP (VoIP), and video on demand (VoD).

Carriers can use UTStarcom`s AN 2000 IB(TM) IP-DSLAM to migrate their access networks seamlessly and economically from narrowband voice-only services to full broadband capabilities. The company`s platform enables carriers to generate additional revenue by offering customers the triple play of data, voice, and video services over a single copper loop. The AN-2000 IB is economical to deploy, eliminating the need for a costly ATM infrastructure and giving carriers a faster return on their investment.

Customers around the world are now implementing UTStarcom`s IP-DSL solution throughout their networks. The largest deployment of UTStarcom DSLAMs is occurring in Japan, where the company has already recognized $130+-million in revenue from BB Technologies Corp., which offers data, voice, and video services under the name Yahoo! BB. In addition, UTStarcom recently signed a contract with China Telecom for deployment of about 80,000 IP-based DSL lines. UTStarcom has also begun deploying 80,000 lines of IP-based DSL in Panama City, Panama, under an agreement with Cable and Wireless.

"UTStarcom is a new player in the DSLAM market, but it has rapidly achieved a leadership position through a combination of the right technology and the ability to sell into the large and lucrative Asian market," said Jon Cordova, directing analyst for Access Networks at Infonetics Research. "UTStarcom continues to deepen its appeal to operators in its mainstay market by diversifying its product offerings. At the same time, the company is aggressively creating new market opportunities in Europe, the U.S., and Latin America."

For more information on Infonetics Research or to purchase the full report, please go to www.infonetics.com. For further information on UTStarcom`s DSLAM solution please visit www.utstar.com/solutions/broad_ip.php.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit-based to packet-based networks by employing "Next Generation Network Technology. Now." The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, N.J., Alameda, CA., Miami, FL., Taipei, Taiwan, Hong Kong, Tokyo, Japan; Tel Aviv, Israel and New Delhi, India.

For more information about UTStarcom, please visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, AN-2000IB, mSwitch and the UTStarcom name and logo are trademarks of UTStarcom, Inc., and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to grow its market share in DSLAM, the need of carriers worldwide for cost-effective, scalable solutions that satisfy their customers` hunger for higher bandwidth and more services, the ability of the Company to offer a migration path to an all-IP network, continued momentum of all IP-Based DSLAM`s, the ability to allow for delivery of new IP services such as virtual private networks (VPNs), voice over IP (VoIP), and video on demand (VoD) and the ability for the company to aggressively create new market opportunities in Europe, the U.S., and Latin America are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications worldwide, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of its products, general demand for and acceptance of the Company`s products and technology, competitive pricing pressure leading to declines in gross margins, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

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UTStarcom Solidifies Its Dominance in the Global Softswitch Market, Reports Infonetics Research
Monday December 9, 9:05 am ET
Company Shipped 59 Percent of All Softswitch Ports Worldwide in Third Quarter 2002, Up from 51 Percent in Second Quarter


ALAMEDA, Calif., Dec. 9 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless, wireline, and broadband access equipment, today announced that Infonetics Research has named the company the world`s leading vendor of softswitch solutions in the third quarter of 2002. This marks the second consistent quarter that Infonetics has named UTStarcom the leading vendor in softswitch solutions. According to the report, UTStarcom shipped 59 percent of all softswitch ports worldwide, or more than 1.7 million ports, in the third quarter. In the second quarter, by comparison, the company held 51 percent of the market and shipped nearly 1.2 million ports.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"UTStarcom`s commanding and rapidly growing lead in the softswitch market is a testimony to the technology innovations driving our next-generation products as well as to our focus on addressing the real needs of service providers," said Hong Lu, president and chief executive officer of UTStarcom, Inc. "Our mSwitch(TM) platform is uniquely positioned to allow operators throughout the world to continue to use their current infrastructure for phone service while at the same time capitalizing on Internet telephony applications."

The IP-based mSwitch is a cost-effective, flexible, and highly scalable switching infrastructure that supports voice and data services over wireline and wireless networks. Service operators can use the platform to migrate their traditional voice-based TDM networks to next-generation, IP-based packet switching architecture. Because the mSwitch supports a variety of industry standards and protocols, operators can offer a full gamut of revenue-generating services over one platform. In addition, the low price per port of the mSwitch drives down application-per-subscriber costs and increases operator revenue.

Currently, the mSwitch is bundled into UTStarcom`s iPAS(TM) (IP-based Personal Access System) wireless-access network, which enables operators to offer a complete set of wireline services while migrating to an IP-based wireless network. The mSwitch will also be available as a separate system.

The Infonetics report noted that the mSwitch dominates the Asia Pacific market and that UTStarcom is expanding mSwitch sales into other areas, especially in underdeveloped regions such as Eastern Europe and Latin America. UTStarcom recently signed two contracts valued at $91 million with China Netcom Corp. to deploy its iPAS solution in Northern China, and a $53 million contract with China Telecom to deploy iPAS in Southwest China. In addition, UTStarcom has signed a contract valued at $19.9 million with the Vietnam Post and Telecommunications (VNPT) Company, which will deploy iPAS in Hanoi and Ho Chi Minh City.

"Port shipments of UTStarcom`s mSwitch have experienced tremendous growth in the past two quarters," said Kevin Mitchell, directing analyst, Service Provider Networks at Infonetics Research, an international market research and consulting firm covering the networking and telecommunications industries. "UTStarcom is gaining market share by targeting its sales efforts in a hot geographic area for next-generation voice and by delivering a cost-effective solution."

For more information on the report from Infonetics Research, please go to www.infonetics.com . For more information on UTStarcom`s mSwitch, please visit www.utstar.com

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Frankfurt, Germany; Taipei, Taiwan; Tokyo, Japan; Tel Aviv, Israel; and New Delhi, India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com .

Forward-Looking Statements

The foregoing statements regarding the demand for broadband access, UTStarcom`s ability help its customers receive a quick return on investment, and provide increased services and functionalities, are forward looking in nature. These risks and factors include rapidly changing technology, the changing nature of the global telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the development and deployment of the systems, the termination of significant contracts, partnerships or alliances, and uncertainties such as changes in government regulation and licensing requirements worldwide. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

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UTStarcom Selected by China`s Government to Conduct National Softswitch Research
Monday December 16, 9:05 am ET
Ministry of Science and Technology Looks to World`s Leading Softswitch Vendor to Perform In-Depth Technical Evaluation of IP Technology That Supports Wireline and Wireless Networks


ALAMEDA, Calif., Dec. 16 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), today announced that China`s Ministry of Science and Technology has selected the company among several vendors to conduct research into IP softswitch technology. China`s goal is to promote a world-leading softswitch standard that provides huge cost efficiencies by supporting all-IP communications over both wireline and wireless networks. The research project includes in-depth technical evaluations and comparisons of a variety of new and existing softswitch technologies. The Ministry assessed several vendors before appointing UTStarcom, which Infonetics Research has named as the world`s leading vendor of softswitch solutions, accounting for 59 percent of all ports shipped in the third quarter of 2002.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"The research project will help China move straight to a completely integrated, cost-effective, all-IP infrastructure, leapfrogging today`s piecemeal approach to building separate systems for wireline and wireless services," said Ying Wu, CEO of UTStarcom China. "With its innovative IP-based mSwitch(TM) and its in-depth experience in the Chinese market, UTStarcom is uniquely qualified to conduct this research for the Ministry of Science and Technology."

In addition, said Wu, "The project will give UTStarcom greater insight into the needs of China and the state of the softswitch market, and thus enhance our competitiveness. The appointment will also be an important reference for Chinese service operators."

The Ministry chose UTStarcom to conduct softswitch research because the company`s IP-based mSwitch is unique in supporting both multimedia and mobile functions, and because the switch`s application orientation helps operators quickly deploy new services. The mSwitch is a cost-effective, flexible, and highly scalable switching infrastructure that supports voice and data services over wireline and wireless networks. Service operators can use the platform to migrate their traditional voice-based TDM networks to next-generation, IP-based packet switching architecture. Because the mSwitch supports a variety of industry standards and protocols, operators can offer a full gamut of revenue-generating services over one platform. In addition, the low price per port of the mSwitch drives down application-per-subscriber costs and increases operator revenue.

The softswitch research project is part of China`s National High Technology Research and Development Program (863 Program), managed by the Ministry of Science and Technology. The program was launched in March 1996 with the aim of enhancing China`s international competitiveness and improving its overall research and development capabilities in high technology.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Frankfurt, Germany; Taipei, Taiwan; Tokyo, Japan; Tel Aviv, Israel; and New Delhi, India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com .

Forward-Looking Statements

The foregoing statements regarding China`s goal to promote world leading softswitch standards that provides huge cost efficiencies, the ability for this research project to help China move straight to a completely integrated, cost-effective, all-IP infrastructure and the ability for this project to give UTStarcom greater insight into the needs of China and the state of the softswitch market, and thus enhance our competitiveness, are forward looking in nature. These risks and factors include rapidly changing technology, the changing nature of the global telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the development and deployment of the systems, the termination of significant contracts, partnerships or alliances, and uncertainties such as changes in government regulation and licensing requirements worldwide. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

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UTStarcom Announces Expansion Contract Valued at $32 Million for Its IP-Based PAS Systems with China Telecom Guangxi Province
Wednesday December 18, 4:05 pm ET
Expansion Will Cover 8 District Level Cities in Province


ALAMEDA, Calif., Dec. 18 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading provider of wireless, wireline and broadband access equipment, today announced that it has signed a contract valued approximately $32 million with China Telecom to expand and upgrade existing PAS deployments to its IP-based PAS (Personal Access System) platform in eight district level cities in the Guangxi Province in China.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"With our continued focus on technology innovation and performance efficiency for our PAS solutions, operators are able to easily upgrade their existing systems to our softswitch platform, enabling enhanced functionalities such as short-messaging, web-surfing and location-based services," said Johnny Chou, Chief Operating Officer of UTStarcom China. "The quickening pace of deployments of our IP-based systems shows the growing demand by both the operators and the end-users for these advanced services."

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Frankfurt, Germany; Taipei, Taiwan; Tokyo, Japan; and New Delhi, India.

For more information about UTStarcom, visit the Company`s website at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s continued focus on technology innovation and performance efficiency for our PAS solutions, our operators ability to easily upgrade their existing systems and the growing demand of these advanced services are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances in the Guangxi Province, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom Inc.

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UTStarcom Signs Contracts Valued at $47 Million for Its PAS and IP-Based PAS Systems with Local Divisions of China Telecom
Tuesday January 7, 9:05 am ET


ALAMEDA, Calif., Jan. 7 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading provider of wireless, wireline, and broadband access equipment, today announced that it has signed contracts valued at approximately $47 million with Jiangxi and Zhejiang Telecom, divisions of China Telecom. Under the terms of the contracts, UTStarcom will deploy new, and expand and upgrade, existing PAS(TM) and IP-based PAS (Personal Access System) platforms in several cities in the two southern provinces in China.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"These contracts confirm UTStarcom`s conviction that China Telecom, both the private and public entity, continue to value our PAS systems for both voice and data applications in satisfying the extremely large demand for mobile services by consumers," said Simon Le, senior vice president of sales for UTStarcom China. "An example of this popularity is seen in the city of Wenzhou in the Zhejiang province, where subscriber growth has reached 500,000 in just one year. We believe this is indicative of the success our PAS systems will continue to have in China."

Introduced in China in 1998 as a replacement to antiquated fixed-line systems, UTStarcom`s PAS technology gained more than six million Chinese customers as of September 2002, and now owns more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies. With deployments in China, Taiwan, Vietnam, and soon to be in the United States, UTStarcom dominated the worldwide PAS market in 2002, being named the top manufacturer by Merrill Lynch in October 2002. In addition to its leadership in PAS, UTStarcom also earned the top spot in the worldwide softswitch market in the second and third quarters of last year from Infonetics Research, and rated second in the DSLAM sector from Synergy Research, both key technology areas in high-growth markets.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the company manufactures the majority of its products at two ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Frankfurt, Germany; Taipei, Taiwan; Tokyo, Japan; and New Delhi, India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s continued focus on technology innovation and performance efficiency for our PAS solutions, our operators ability to easily upgrade their existing systems and the growing demand of these advanced services are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances in the Guangxi Province, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom Inc.

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UTStarcom Inks $100 Million Additional Contracts for AN-2000 IB IP-DSLAM in Support of Yahoo! BB
Wednesday January 8, 9:05 am ET
Announcement Extends Existing Contracts with Yahoo! BB, the Largest, Fastest-Growing ADSL Service in Japan


ALAMEDA, Calif., Jan. 8 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading provider of wireless, wireline, and broadband access equipment, today announced that it has been awarded new contracts valued at more than $100 million for the AN-2000 IB(TM), a carrier-class IP-based digital subscriber line access multiplexer (IP-DSLAM) in support of the Yahoo! BB ADSL service. To date, Yahoo! BB, the leading provider of broadband service in Japan, has already deployed more than $130 million worth of UTStarcom IP-DSLAM equipment to support its hugely popular 12 Mbps ADSL service.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
As the fastest-growing ADSL services vendor in the world, Yahoo! BB reached more than one million subscribers in September 2002, less than 13 months after the service was introduced. Key to its success is an emphasis on high-speed content delivery made possible by the AN-2000 IB; Yahoo! BB offers the highest performance of any other service provider in Japan. The company will extend its service lead by using UTStarcom IP-DSLAMs to deliver streaming video service starting in the first quarter of 2003.

"The spectacular growth Yahoo! BB is experiencing shows how eager subscribers are for the cost-effective high-speed services our all-IP platform allows," said Masahiko Yabuki, general manager of UTStarcom Japan. "The expansion of our contract is an acknowledgment of the value the AN-2000 IB offers, both to subscribers and to service operators."

"Based on our success in the past year, we are confident that the AN-2000 IB will give us a number of advantages as we expand our subscriber base and our range of affordable high-speed services," said Junichi Miyakawa, general manager, Consumer Business Division of BB Technologies. "By capitalizing on the flexibility of IP, we can roll out new services quickly and easily expand our service portfolio over time, while keeping our operational costs to a minimum."

As of January 7, 2003, BB Technologies Corporation, a wholly owned subsidiary of SOFTBANK CORP., Japan, was merged with four other subsidiaries (Softbank Networks, Inc., Softbank EC Holdings Corp., and Softbank Commerce Corp.) to form Softbank BB Corp., a wholly owned subsidiary of SOFTBANK CORP., Japan. SOFTBANK CORP., Japan, also holds approximately 20 percent of UTStarcom`s shares.

DSLAM Offers Benefits of IP

UTStarcom is the world`s second largest provider of DSLAM products, according to a recent report by Infonetics Research. Introduced last year, the AN-2000 IB IP-DSLAM fully terminates the ATM protocol on the ADSL line and provides IP from the line card, allowing BBTC to deliver multiple high-speed services such as voice-over-IP and video over a backbone network that employs low-cost IP switching and routing. An all-IP network also makes it easier for BBTC to support video streaming using technologies such as IP multicast.

The AN2000 IB can be deployed as a DSLAM, as used by BBTC, or as a multi-service access node (MSAN).

The AN-2000 IB combines access, aggregation, transmission, cross-connect, and protocol conversion functions in a single, integrated platform, that supports a total throughput of up to 1 Gbps. System operators can use the platform to offer both broadband data and traditional voice services over copper, fiber, or wireless transmission facilities. The AN-2000 IB enables seamless network migration from narrowband to broadband, supporting multiple services such as POTS, payphone, PABX, ISDN, analog/digital leased lines, LAN, and "always on" broadband data services. Open interfaces facilitate interoperability with other networks and provide a seamless migration path to next-generation networks.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Frankfurt, Germany; Taipei, Taiwan; Tokyo, Japan; Tel Aviv, Israel; and New Delhi, India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding future shipments, timing and amount of expected revenue under the BBTC contract to provide DSLAM service in Japan, and the Company`s plans to add business in international markets are forward-looking in nature and subject to risks and factors that may cause actual results to differ materially. These risks and factors include rapidly changing technology, the changing nature of Japan`s telecommunications market, the current economic downturn in Japan, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the installation and deployment of the AN-2000 IB, the termination of significant contracts, partnerships or alliances, particularly with BBTC, non-recognition of backlog and uncertainties such as changes in government regulation and licensing requirements in Japan. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

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UTStarcom Signs Contracts Valued at $114 Million with China Netcom for New and Expansion Deployments of its IP-Based PAS Systems
Friday January 10, 9:05 am ET


ALAMEDA, Calif., Jan. 10 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading provider of wireless, wireline and broadband access equipment, today announced that it has signed contracts valued at approximately $114 million with China Netcom Corporation for new and expansion deployments of its IP-based PAS (Personal Access System) equipment in three provinces in China, Hebei, Shandong and Liaoning.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"We believe that the operators continue to see opportunities to increase subscriber numbers, revenues and profits by deploying our PAS systems," said Johnny Chou, Chief Operating Officer of UTStarcom China. "In addition, our IP-based PAS system allows operators to offer advanced services to their subscribers such as, SMS, MMS, MP3 downloads and internet browsing, which is becoming increasingly popular with consumers in China."

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Frankfurt, Germany; Mexico City, Mexico; Taipei, Taiwan; Tokyo, Japan; Bangkok, Thailand; Hanoi and Ho Chi Minh, Vietnam and New Delhi, India

Forward-Looking Statements

The foregoing statements regarding the Operator`s opportunities to increase subscribers, revenues and profits, and increasing consumer demand for advanced are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets in China and worldwide, the termination of new contracts, partnerships or alliances in the Hebei, Shandong and Liaoning Provinces, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

VNPT Launches First Wireless Access Service in Vietnam Using UTStarcom`s i-PAS Platform
Tuesday January 14, 9:05 am ET
Cityphone Service Brings Cost-Effective Citywide Wireless Telephone Mobility, Internet Access to Subscribers in Hanoi and Ho Chi Minh City


ALAMEDA, Calif., Jan. 14 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading provider of wireless, wireline, and broadband access equipment, today announced the official launch of service for the first IP-based Personal Access System (iPAS) wireless system in Vietnam. Vietnam Post and Telecommunications (VNPT), the largest telecommunications service provider in Vietnam, activated city-wide iPAS-based Cityphone Service in Hanoi, Vietnam`s capitol, on December 19, 2002. VNPT will also launch Cityphone Service in late January 2003 in Ho Chi Minh City. The value of the contract for deploying iPAS in both cities is approximately $20.0 million. Following these initial rollouts, VNPT and Vietnam`s Ministry of Communications anticipate deploying iPAS in multiple cities nationwide.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Cityphone consists of two applications, fixed wireless telephone and local wireless mobile telephone, suited for local service in high-density population areas. In addition to initial voice and value-added voice services, such as voice mail and call forwarding, Cityphone will soon include other voice and data services such as SMS, MMS, music downloads, and even Internet access at download speeds of up to 64 Kbps.

"VNPT selected iPAS because it is uniquely designed to fit the needs of a large segment of the consumer population. In Vietnam, as well as in most countries throughout the world, a large segment of the population typically lives and works in one area all their lives, so they have no need for long-distance roaming capabilities. However, people do want the option of mobility within their city (local loop); they don`t want to be tethered to their home phones," said Tim Donovan, director of international marketing at UTStarcom. "Internet access is also an important component of Cityphone Service. Internet cafes are ubiquitous in Vietnam because not everyone has Internet access in the home. With iPAS, VNPT can deliver Internet applications through the wireless platform and actually converge with voice."

"Cityphone lets Hanoi Post and Telecommunications (HNTP) diversify our service offerings and better satisfy the needs of subscribers at a reasonable price in the Hanoi area," said Mr. Hoang Thanh Chung, deputy director of VNTP`s Hanoi subsidiary. "Cityphone customers can access the value-added services not only of the fixed telephone network but also of the mobile telephone network. And because UTStarcom`s iPAS can let us migrate to 3G, it meets the strategic development requirements of VNPT."

iPAS Enables High-Quality, Cost-Competitive Services

"Unlike expensive, macro-cellular mobile systems based on GSM and CDMA, UTStarcom`s iPAS uses micro-cellular cell stations (CS) that provide enormous cost savings and allow us to offer high-quality mobile service at far lower rates," said Chung. "As a result, we can now satisfy the communications demands of subscribers who prefer not to pay a high monthly price for nationwide roaming services that they don`t need."

The cost-effective, CS employed by iPAS enables service providers to deploy and scale mobile services far more rapidly than with GSM or CDMA networks. VNPT, for example, was able to deploy Cityphone service in about three months. In addition, lower cost and fast deployment translate into a far more rapid return on investment.

Huge Growth Potential in Southeast Asia

"Vietnam is like California just before the Gold Rush; the opportunity for growth is enormous. In Vietnam, the economy is growing at nearly seven percent annually, and although today Vietnam has a fixed-line tele-density rate of less than five percent, the country is committed to building out its telecommunications infrastructure. iPAS is an important part of that buildout," said Donovan. "In addition, surrounding countries such as Laos, Cambodia, Thailand, and Indonesia look to Vietnam as an early adopter, and we anticipate expanding iPAS deployment to these countries. Southeast Asia represents a huge opportunity for telecommunications companies, and UTStarcom is one of the few taking advantage of that market."

iPAS is ideally suited to the needs of developing countries with low tele-density. The first priority of these countries is to offer basic voice services, then add on other voice and data services as the subscriber base grows. iPAS meets these priorities by enabling service providers to quickly deploy local mobile telephony on top of their existing voice infrastructure at a price that is competitive compared to fixed-line services. And the service adoption rate is fast because subscribers can access a vast array of value-added services via iPAS such as short messaging and Internet access.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Frankfurt, Germany; Mexico City, Mexico; Taipei, Taiwan; Tokyo, Japan; Bangkok, Thailand; Hanoi and Ho Chi Minh City, Vietnam; and New Delhi, India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding future deployments, timing and amount of expected revenue under the VNPT contract to provide i-PAS service in Vietnam, the continuing circumstances of a large segment of the population typically living and working in one area for their whole lives, UTStarcom `s ability to meet strategic business requirements of VNPT, the continued commitment by the government of Vietnam to building out its telecommunications infrastructure, the Company`s ability to expand its iPAS deployments to Laos, Cambodia, Thailand and Indonesia, and the continuation of the size of the opportunity in Southeast Asia are forward-looking in nature and subject to risks and factors that may cause actual results to differ materially. These risks and factors include rapidly changing technology, the changing nature of Vietnam and Southeast Asia`s telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the installation and deployment of the iPAS system, the termination of significant contracts, partnerships or alliances, particularly with VNPT, non-recognition of backlog and uncertainties such as changes in government regulation and licensing requirements in Vietnam and Southeast Asia. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

UTStarcom Signs New Contracts Valued at $80 Million With China Telecom Guangdong Province
Tuesday January 21, 9:05 am ET
Contract Illustrates UTStarcom`s Competitive Advantage in China`s Largest Provincial Market


ALAMEDA, Calif., Jan. 21 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading provider of wireless, wireline, and broadband access equipment, today announced that it has signed contracts valued at approximately $80 million with China Telecom Guangdong province for new deployments of its IP-based PAS (Personal Access System) equipment.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
The new contracts support four major cities in Guangdong province: Dongguan, Shunde, Fushan, and Zhongshan. These four cities are among the most affluent and are experiencing some of the most rapid economic growth in Guangdong. These new contracts will increase UTStarcom`s PAS/iPAS(TM) system capacity in the Guangdong province to nearly four million lines, with 14 of the Province`s 22 cities standardized on UTStarcom`s systems. This equates to approximately 75% of the total PAS market share in Guangdong.

"As one of the largest and most competitive telecom markets in China, Guangdong province is the No. 1 provincial market for all of the major operators and equipment vendors in China," said Ying Wu, CEO of UTStarcom China. "These new contracts further demonstrate our strength and leadership in the PAS market, and will also provide us with significant opportunities for our other product lines, such as our AN-2000 broadband platform and mSwitch(TM) softswitch platform, in the area."

Wu added, "We are continuously focused on innovation for the PAS/iPAS technology. Examples of success in innovation include our new 500mw base station, our unique bundling technology, our successful commercial grade value-added data services platform, and our internally designed PAS handsets. Through these initiatives, among others, our leadership in the PAS market has continually improved and will enable us to maintain our competitive edge going forward."

Introduced in China in 1998 as a replacement to antiquated fixed-line systems, UTStarcom`s PAS technology gained more than six million Chinese customers as of September 2002, and now owns more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies. With deployments in China, Taiwan, Vietnam, and soon to be in the United States, UTStarcom dominated the worldwide PAS market in 2002, being named the top manufacturer by Merrill Lynch in October 2002. In addition to its leadership in PAS, UTStarcom also earned the top spot in the worldwide softswitch market in the second and third quarters of last year from Infonetics Research, and rated second in the DSLAM sector from Synergy Research, both key technology areas in high-growth markets.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing, "Next Generation Network Technology. Now."

The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Frankfurt, Germany; Mexico City, Mexico; Taipei, Taiwan; Tokyo, Japan; Bangkok, Thailand; Hanoi and Ho Chi Minh City, Vietnam; and New Delhi, India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the Company`s continued focus on technology innovation for our PAS solutions, the continued strength of the company`s market share and competitive positioning, the affluence and economic growth and strength of the Guangdong Province, and the opportunities for our other technology platforms are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances in the Guangdong Province, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

UTStarcom Q4 and Full-Year 2002 Earnings Results: Record Revenue and Profits
Thursday January 23, 4:34 pm ET
Record Backlog of $605 Million; Raising Guidance for 2003
Positive Cash Flow from Operations $167 Million for 2002


ALAMEDA, Calif., Jan. 23 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News) today reported record revenues and earnings for its fourth quarter and full-year ending December 31, 2002.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"Once again, it is my privilege to report such positive news for UTStarcom," said Hong Lu, CEO of UTStarcom Inc. "In the face of today`s difficult economy and the challenge of effectively replicating our success in the China market on a global basis, we continue to demonstrate our commitment to deliver great value for customers and strong financial results for our investors. Our business, both in China and in International markets, is firing on all cylinders across all product segments."

Net sales for the fourth quarter of 2002 increased to $301.1 million, an increase of 53% over the $197.1 million in net sales reported in the prior year period. Full-year net sales increased to $981.8 million, an increase of 57% over the $626.8 in net sales reported in 2001.

Pro forma net income for the fourth quarter of 2002 increased 46% year- over-year to $39.6 million. Pro forma net income for 2002 increased 56% year- over-year and was $121.3 million, or $1.06 per share, as compared to $77.8 million, or $0.72 per share, in 2001. Pro forma net income excludes non-cash charges relating to stock compensation expense, amortization of intangibles, in process research and development expenses and investment impairment losses.

Actual net income for the fourth quarter of 2002 increased 105% year-over- year to $33.9 million, or $0.30 per share, compared to net income of $16.5 million, or $0.14 per share, for the fourth quarter of 2001. Actual net income for 2002 increased 89% year-over-year to $107.9 million, or $0.94 per share, as compared to $57.0 million, or $0.52 per share, in 2001.

As discussed in the Company`s second and third quarter 2002 earnings conference calls, beginning with the first quarter of 2003, the Company will no longer report "pro forma" results, but only results calculated according to US GAAP standards. Attached to this release is an historical reconciliation of GAAP as compared to Pro forma results.

The Company is also reporting record year-end backlog of $605 million at December 31, 2002 as compared with $362 million at December 31, 2001, a growth of 67%.

"Both operationally and financially, the Company continues to execute on and exceed its stated goals, allowing us to once again, raise guidance going forward," added Mike Sophie, Chief Financial Officer of UTStarcom Inc.

Raising Guidance:

The Company is raising its guidance for the first quarter and full-year 2003. Revenue for the first quarter of 2003 is expected to be in the range of $265 to $275 million, with earnings per share expected to be approximately $0.23-$0.24 for the quarter. Revenue for the full-year 2003 is expected to be approximately $1.325 billion, as compared to guidance of $1.275 billion given on the third quarter 2002 conference call. Earnings per share for 2003 is expected to be approximately $1.26-$1.27, as compared to guidance of $1.18- $1.22 given on the third quarter 2002 earnings conference call.

Conference Call

UTStarcom will conduct a conference call to discuss its fourth quarter and full-year 2002 earnings results and its forward-looking financial guidance. The call will be held today, Thursday, January 23 at 1:30 pm (PST) and is open to the public. The conference call dial-in numbers are as follows: United States -- 888-428-4476; International -- 612-288-0318.

A replay of the call will also be available from approximately 5:00 pm (PST) on January 23, to 11:59 pm (PST) on January 28. The conference call replay numbers are as follows: United States - 800-475-6701; International - 320-365-3844. The access code is 670622.

Investors will also have the opportunity to listen to the conference call and the replay over the Internet through UTStarcom`s Investor Relations Web site at: http://www.utstarcom.com/investors/index.php . To listen to the live call, please go to the Web site at least 15 minutes early to register, and download and install any necessary audio software.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Frankfurt, Germany; Mexico City, Mexico; Taipei, Taiwan; Tokyo, Japan; Bangkok, Thailand; Hanoi and Ho Chi Minh City, Vietnam; and New Delhi, India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

This release includes forward-looking statements, including the foregoing statements regarding continued strength of the Company`s business in China and in international markets as well as across product lines, the Company`s ability to replicate its success in China in international markets, the guidance given for anticipated revenue and earnings per share for the first quarter and full-year of 2003, and the impact of backlog. These statements are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These risk factors include rapidly changing technology, the changing nature of global telecommunications markets, particularly in China, the termination of significant contracts, the direction and results of future research and development efforts, evolving product and applications standards, reduction or delays in system deployments, product transitions, potential non-realization of backlog, changes in demand for and acceptance of the Company`s products, general adverse economic conditions, and trends and uncertainties such as changes in government regulation and licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, its Annual Report on Form 10-K, and its Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

UTStarcom, Inc.
Consolidated Statements of Operations
(In thousands, except per share amounts)
(Unaudited)

Three months ended Twelve months ended
Dec. 31, Dec. 31, Dec. 31, Dec. 31,
2002 2001 2002 2001

Net sales $301,095 $197,128 $981,806 $626,840

Cost of sales 199,994 128,175 636,334 402,292
Gross profit 101,101 68,953 345,472 224,548

Operating expenses:
Selling, general and
administrative 28,475 21,044 110,263 75,764
Research and development 22,657 17,730 86,182 59,809
In process research and
development -- 4,720 670 4,720
Amortization of intangible
assets 631 2,126 2,395 7,527
Total operating expenses 51,763 45,620 199,510 147,820

Operating income 49,338 23,333 145,962 76,728

Interest and other income
(expenses) (6,700) (819) (8,424) 2,647
Equity in income (loss) of
affiliated companies (321) 343 (1,265) (1,276)
Income before income taxes and
minority interest 42,317 22,857 136,273 78,099
Income tax expense 8,464 6,290 27,254 19,823
Minority interest in (earnings) of
consolidated subsidiaries -- (32) (1,156) (1,322)

Net income $33,853 $16,535 $107,863 $56,954


Basic earnings per share $0.32 $0.15 $0.98 $0.56


Diluted earnings per share $0.30 $0.14 $0.94 $0.52

Weighted average shares used in
per-share calculation:
- Basic 106,621 107,877 109,566 101,433
- Diluted 111,233 114,534 114,407 108,612


Three months ended Nine months ended
Dec. 31, Dec. 31, Dec. 31, Dec. 31,
2002 2001 2002 2001
The above unaudited financial
statements include the following
non-cash expenses:
Cost of Sales $3 $8 $20 $41
Selling, general and administrative 185 770 1,237 2499
Research and development 557 1203 1,843 2660
Total stock compensation expense $745 $1,981 $3,100 $5,200

Amortization of intangible assets $631 $2,126 $2,395 $7,527

In-process research and development $-- $4,720 $670 $4,720

Impairment in investment portfolio $4,406 $1,800 $7,230 $3,376


UTStarcom, Inc.
Pro Forma Consolidated Statements of Operations
Excluding Amortization of Deferred Compensation and
Amortization of Intangible Assets
(In thousands, except per share amounts)
(Unaudited)

Three months ended Twelve months ended
Dec. 31, Dec. 31, Dec. 31, Dec. 31,
2002 2001 2002 2001

Net sales $301,095 $197,128 $981,806 $626,840

Cost of sales 199,991 128,167 636,314 402,251
Gross profit 101,104 68,961 345,492 224,589

Operating expenses:
Selling, general and
administrative 28,290 20,274 109,026 73,265
Research and development 22,100 16,527 84,339 57,149
In process research and
development -- -- -- --
Amortization of intangible
assets -- -- --
Total operating expenses 50,390 36,801 193,365 130,414

Operating income 50,714 32,160 152,127 94,175

Interest and other income
(expenses) (2,294) 981 (1,194) 6,023
Equity in income (loss) of
affiliated companies (321) 343 (1,265) (1,276)
Income before income taxes and
minority interest 48,099 33,484 149,668 98,922
Income tax expense 8,464 6,290 27,254 19,823
Minority interest in (earnings) of
consolidated subsidiaries -- (32) (1,156) (1,322)

Net income $39,635 $27,162 $121,258 $77,777


Basic earnings per share $0.37 $0.25 $1.11 $0.77


Diluted earnings per share $0.36 $0.24 $1.06 $0.72

Weighted average shares used in
per-share calculation:
- Basic 106,621 107,877 109,566 101,433
- Diluted 111,233 114,534 114,407 108,612


Three months ended Nine months ended
Dec. 31, Dec. 31, Dec. 31, Dec. 31,
2002 2001 2002 2001

The above unaudited proforma
financial statements have
been adjusted to exclude the
following non-cash expenses:
Cost of Sales $3 $8 $20 $41
Selling, general and administrative 185 770 1,237 2499
Research and development 557 1203 1,843 2660
Total stock compensation expense $745 $1,981 $3,100 $5,200

Amortization of intangible assets $631 $2,126 $2,395 $7,527

In-process research and development $-- $4,720 $670 $4,720

Impairment in investment portfolio $4,406 $1,800 $7,230 $3,376


UTStarcom, Inc.
Consolidated Balance Sheets
(In thousands)
(Unaudited)

December 31, December 31,
2002 2001
(unaudited)
ASSETS
Current assets:
Cash and cash equivalents and short
term investments $349,029 $407,312
Accounts receivable, net 222,050 193,046
Inventories, net 424,666 229,050
Other current assets 111,627 67,067
Total current assets 1,107,372 896,475
Property, plant and equipment, net 98,511 43,942
Long-term investments 35,360 17,818
Goodwill and intangible assets, net 49,820 38,992
Other long term assets 14,489 8,653
Total assets $1,305,552 $1,005,880

LIABILITIES AND STOCKHOLDERS` EQUITY
Current liabilities:
Accounts payable $256,980 $83,649
Debt -- 58,434
Income taxes payable 13,003 10,536
Deferred revenue 164,247 76,424
Other 104,927 76,329
Total current liabilities 539,157 305,372

Long-term debt -- 12,048
Minority interest in consolidated
subsidiaries -- 6,573
Stockholders` equity:
Common stock 135 138
Additional paid-in capital 658,546 638,697
Deferred stock compensation (11,766) (6,045)
Retained earnings 120,520 49,146
Receivable from shareholders (282) (381)
Other comprehensive income (loss) (758) 332
Total stockholders` equity 766,395 681,887

Total liabilities and
stockholders` equity $1,305,552 $1,005,880


UTStarcom, Inc.
Consolidated Results of Operations
As Reported vs. Proforma
(thousands, except per share data)

2002
As Reported Q1 Q2 Q3 Q4 YTD

Net sales $183,690 $231,508 $265,513 $301,095 $981,806

Gross profit 65,642 85,912 92,817 101,101 345,472

Gross profit % 36% 37% 35% 34% 35%

Operating expenses 43,360 52,216 52,171 51,763 199,510

Net income 17,526 25,735 30,749 33,853 107,863

Basic earnings per share 0.16 0.23 0.28 0.32 0.98

Diluted earnings per
share 0.15 0.22 0.27 0.30 0.94


Reconciliation of
Reported net income to
Proforma net income
The proforma results
exclude the following
non-cash expenses:

Net income as reported $17,526 $25,735 $30,749 $33,853 $107,863

Cost of Sales $7 $6 $4 $3 $20
Selling, general and
administrative 542 249 261 185 1237
Research and development 797 258 231 557 1843
Total stock compensation
expense $1,346 $513 $496 $745 $3,100

Amortization of
intangible assets $477 $656 $631 $631 $2,395

Impairment in investment
portfolio $440 $650 $1,734 $4,406 $7,230

In-process research and
development $-- $670 $-- $-- $670

Proforma net income $19,789 $28,224 $33,610 $39,635 $121,258

Basic earnings per share 0.18 0.25 0.31 0.37 1.11

Diluted earnings per share 0.17 0.24 0.30 0.36 1.06

Weighted average shares
used in per share
calculations:
- Basic 110,044 111,549 109,776 106,621 109,566
- Diluted 116,758 117,343 113,508 111,233 114,407


UTStarcom, Inc.
Consolidated Results of Operations
As Reported vs. Proforma
(thousands, except per share data)

2001
As Reported Q1 Q2 Q3 Q4 YTD

Net sales $119,181 $140,047 $170,484 $197,128 $626,840

Gross profit 41,413 49,907 64,276 68,953 224,549

Gross profit % 35% 36% 38% 35% 36%

Operating expenses 28,014 34,010 40,176 45,620 147,820

Net income 9,362 12,260 18,797 16,535 56,954

Basic earnings per share 0.10 0.13 0.18 0.15 0.56

Diluted earnings per share 0.09 0.12 0.17 0.14 0.52


Reconciliation of
Reported Net Income to
Proforma Net Income
The proforma results
exclude the following
non-cash expenses:

Net income as reported $9,362 $12,260 $18,797 $16,535 $56,954

Cost of Sales $13 $11 $9 $8 $41
Selling, general and
administrative 681 557 491 770 2499
Research and development 578 479 400 1203 2660
Total stock compensation
expense $1,272 $1,047 $900 $1,981 $5,200

Amortization of
intangible assets $1,471 $1,965 $1,965 $2,126 $7,527

In-process research and
development $-- $-- $-- $4,720 $4,720

Impairment in investment
portfolio $1,000 $150 $426 $1,800 $3,376

Proforma net income $13,105 $15,422 $22,088 $27,162 $77,777

Basic earnings per share 0.14 0.16 0.21 0.25 0.77

Diluted earnings per share 0.13 0.15 0.20 0.24 0.72

Weighted average shares
used in per share
calculations:
- Basic 95,873 97,269 104,031 107,877 101,433
- Diluted 104,262 105,264 110,601 114,534 108,612




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[KPAZ]

@Panik

Kannst Du mir dagen, warum die Aktie so stark gefallen ist? Zahlen sind gut und Ausblick doch auch?

Gruß
KPAZ

[ROTEBLITZ]

@kpaz

utsi ist ein klarer kauf
top zahlen und top ausblick!


die amis spinnen halt


Reuters
UPDATE - UTStarcom fourth-quarter net rises, boosts outlook
Thursday January 23, 5:42 pm ET
By Eric Auchard


NEW YORK, Jan 23 (Reuters) - Network equipment provider UTStarcom (NasdaqNM:UTSI - News) on Thursday reported record fourth-quarter profits, on surging sales of equipment used to build local wireless networks to China`s two big telephone operators, and boosted its outlook for first-quarter and year.
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The company, which sells its gear into the booming Chinese communications market, said net income, including non-cash charges for stock options, research costs and investment writedowns, rose to $33.9 million, or 30 cents a share, versus $16.5 million, or 14 cents per share, a year-earlier.

Excluding those charges, the company said its income climbed to $39.6 million, or 36 cents per diluted share, compared with $27.2 million, or 24 cents per diluted share.

The latest results topped by 5 cents the 31 cent average forecast that seven analysts polled by Thomson First Call had predicted. Estimates fell in tight a range of 30 to 32 cents.

Shares of UTStarcom fell shortly after the results were reported. Company officials, on a conference call with analysts, said the fall reflected confusion over whether results met or fell short of Wall Street expectations. Executives said results had significantly exceeded analysts`s expectations.

Shares in after-hours trade fell 7.4 percent to around $21.00.

Fourth-quarter sales, reflecting a focus on suppling communications equipment to still fast growing emerging markets in China, Japan, Taiwan, Vietnam and India, rose 53 percent to $301.1 million, from $197.1 million a year-earlier.

"Our business, both in China and in international markets, is firing on all cylinders across all product segments," UTStarcom Chief Executive Hong Lu said in a statement. "Order visibility is the best ever in our company`s history," Lu later told analysts.

During the quarter UTStarcom capitalized on a buying spree by Chinese phone carriers China Telecom (HKSE:0728.HK - News) and China Netcom, which are aggressively building local wireless phone networks. These hybrid networks function like cellular systems but rely on existing telephone lines to send and receive calls.

Lu said he expects the diversification of the company`s revenue base to result in 50 percent of revenues coming from outside China by 2006. Toward that end, he said the company had won its first contract in India and customers had begun using its local wireless gear in two cities in Vietnam.

Looking ahead, the company said first-quarter revenue would be in the range of $265 million to $275 million, with earnings per share expected to be about 23 cents to 24 cents. Four analysts surveyed by research firm Thomson First Call have revenues estimates ranging from $259 million to $275 million.

Revenue for the full-year 2003 is expected to grow to about $1.325 billion, as compared to prior, typically conservative, guidance of $1.275 billion given in October, when it reported third-quarter results. Nine analysts surveyed by Thomson First Call had a consensus estimate of $1.28 billion for 2003.

UTStarcom earnings for the full year are expected to be about $1.26 per share to $1.27 a share. That`s a nudge above the $1.25 per share consensus forecast by 11 analysts on Thomson First Call. The company in October had signaled expected 2003 earnings of $1.18 to $1.22 per share.

Since October, UTStarcom has announced nearly $500 million in new deals with the two companies, although several of the deals came early this year, in the company`s first quarter. It also struck equipment deals in Japan with Yahoo BB (Tokyo:9984.T - News) and in Panama with Cable and Wireless (London:CW.L - News) last quarter.

The company said its backlog of orders rose to $605 million -- or twice its fourth-quarter revenue -- up 67 percent from the $362 million backlog at the start of 2002.

It said it expected gross margins of 33 to 34 percent during the first quarter and a tick up by 1 percentage point in each of the subsequent quarters of 2003, resulting in a target gross margin of 34 percent to 35 percent for whole year.

Shares of UTStarcom, which peaked at $35.66 a year ago on Nasdaq, fell by more than half in 2002 on fears that the rapid growth it has seen in the Chinese market will subside as the government there moves to break up state-run China Telecom.

Ahead of the report, the stock closed up 32 cents, or 1.4 percent at $22.83.

[dergeneral]

Hallo zusammen!

Möchte mich seit langem auch mal wieder melden.
Nachdem ich mein Studium beendet habe, habe ich nicht mehr soviel Zeit.
ABer schön das Panik immer noch den UTSTARCOM Tread aufrechterhält!
Hast UTSTARCOM sicherlich genauso noch wie ich.
Ich habe sie seit anfang an. Bei 80$ gekauft.
Naja, hat sich aber im Gegensatz zu anderen Tech Titeln noch gut behauptet. Habe auch gesehen, das DER Aktionär öfters sehr positiv über UTSTARCOM berichtet.
War jetzt sogar TOP TIP!!!

Nach den guten Zahlen fäält meistens die UTSTARCOM AKtie habe ich schon oft beobachtet. Dafür ist sie kurz darauf aber wieder super gestiegen!!

Hier ein interessanter Artikel bei HEISE.de !!

Meldung vom 24.01.2003 12:21

PHS-Standard könnte Telefonverbreitung in Afrika erhöhen

Das chinesisch-amerikanische Unternehmen UTStarcom bewegt sich seit einiger Zeit auf ungewohntem Terrain. Neben dem Haus-Markt China will die Firma zunehmend afrikanische Länder mit Schnurlos-Telefonietechnik gemäß dem PHS-Verfahren beliefern. Das vor allem in China (10 Millionen User) und Japan verbreitete Personal Handyphone System nutzen weltweit etwa 25 Millionen Anwender.

UTStarcom glaubt, dass 95 Prozent der afrikanischen Nutzer nur lokalen Funk benötigen und auf Überlandabdeckung echter Mobilfunknetze verzichten würden, wenn sie dafür weniger zahlen müssten -- und gerade diesen Anforderungen entspricht PHS. Die Gesprächskosten liegen zwischen GSM- und Festnetz-Niveau, die Errichtung von PHS-Netzen fällt aber laut Fachleuten günstiger aus. Entsprechend adressiert der Hersteller in letzter Zeit afrikanische Märkte und die chinesische Regierung stützt die "eigene" Firma mit Kreditfinanzierungen für interessierte Staaten. Gegenwärtig laufen kleine Tests der im 1880- bis 1915 MHz-Bereich funkenden PHS-Handys in Tansania, im Senegal und auf Mauritius.

Zu den ersten Kunden in Afrika sollen Gesundheitsorganisationen, Bildungseinrichtungen und nicht zuletzt Telefongesellschaften zählen. Besonders Letzteren will man die Technik mit dem Argument schmackhaft machen, dass neue Kunden kostengünstig angebunden werden könnten. Mittels sogenannter Mikro-Zellen lassen sich mal eben einige Straßenzüge oder auch Stadtteile versorgen, in denen Nutzer nahtlos von Zelle zu Zelle wandern können; gegenüber herkömmlichen Anschlüssen per Draht kostet die PHS-Anbindung laut UTStarcom die Hälfte.

PHS ähnelt in etlichen Punkten der in Europa und Asien etablierten Schnurlostechnik DECT. Beispielsweise befördert es Sprache über Kanäle von 32 KBit/s Kapazität. Auch die DECT-Spezifikation sieht Mikro-Zellen für die Versorgung von Hotspots wie Hotels, Straßenzügen und Stadtteilen vor, nennenswerte Verbreitung erreichte DECT in diesem Bereich nicht. DECT und PHS haben im Laufe ihrer Entwicklung gelernt, auch Daten zu übertragen; zurzeit gehen aber beide nicht über 128 KBit/s hinaus. Attraktiv erscheint PHS deshalb, weil es hohe Bereitschaftszeiten von mehreren hundert Stunden mit sehr niedrigem Handy-Gewicht kombiniert (rund 70 Gramm). An die Grenzen des PHS-Verfahrens stoßen die Anwender mit Mobilfunkansprüchen -- wer sich von Zelle zu Zelle bewegt und dabei die "Höchstgeschwindigkeit" von 40 Stundenkilometern überschreitet, muss Gesprächsabrisse in Kauf nehmen. (Daniel Sokolov) / (tol/c`t)


Also werden neue Absatzmärkte erschlossen!
Ich möchte alle UTSTARCOM Aktienbesitzer bitten, sich mal hier zumelden und nicht nur zu lesen.
Vielleicht kann man auch ein neuen Tread aufmachen!?

Bis bald un Kopfhoch!

[panik]

UTStarcom Signs Expansion Contract in Excess of $45 Million for Its IP-Based PAS Systems With Shaanxi China Telecom
Wednesday January 29, 9:05 am ET


ALAMEDA, Calif., Jan. 29 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading provider of wireless, wireline, and broadband access equipment, today announced that it has signed an expansion contract valued in excess of $45 million with Shaanxi China Telecom. Under the terms of the contract, UTStarcom will expand and upgrade, existing IP-based PAS (Personal Access System) platforms in several cities in the Province.
(Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
The Shaanxi province is located in the center of China, and is one of China`s earliest adopters of PAS/iPAS services. As one of the first cities to deploy PAS service, Xi`an, the provincial capital, has already achieved more than 400K subs by end of 2002. This is the second large-scale expansion contract in the Shaanxi province.

Introduced in China in 1998 as a replacement to antiquated fixed-line systems, UTStarcom`s PAS technology gained more than seven and a half million Chinese customers as of December 2002, and now owns more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies. With deployments in China Taiwan, Vietnam, and soon to be in the United States, UTStarcom dominated the worldwide PAS market in 2002, being named the top manufacturer by Merrill Lynch in October 2002. In addition to its leadership in PAS, UTStarcom also earned the top spot in the worldwide softswitch market in the second and third quarters of last year from Infonetics Research, and rated second in the DSLAM sector from Synergy Research, both key technology areas in high-growth markets.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Frankfurt, Germany; Mexico City, Mexico; Taipei, Taiwan; Tokyo, Japan; Bangkok, Thailand; Hanoi and Ho Chi Minh, Vietnam and New Delhi, India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the expansion of PAS deployments in the Shaanxi province and the continued consumer demand for PAS services in the Shaanxi province are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances in the Shaanxi, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

UTStarcom Signs New Contract Valued at $26.5 Million with China Telecom
Tuesday February 11, 9:05 am ET
Latest Provincial Capital to Add IP-Based PAS Shows Strong Growth in China


ALAMEDA, Calif., Feb. 11 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading provider of wireless, wireline, and broadband access equipment, today announced that it has signed a contract valued at approximately $26.5 million with China Telecom for new deployments of its IP-based PAS(TM) (Personal Access System) platform in Wuhan city, the provincial capital of Hubei Province of China.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
As one of the major national telecom network hubs in China, Wuhan, with a population of about seven million, enjoys fast telecom development due to a growing local economy in the province of about 60 million people.

"This contract is the largest PAS/iPAS deployment in Hubei Province," said Simon Le, senior vice president of UTStarcom China. "Through utilizing our softswitch core network technology in the iPAS system, we are competitively positioned to deploy more PAS/iPAS systems as well as other access systems in Hubei Province that will support a comprehensive suite of voice, data, and broadband connections."

Le adds, "UTStarcom is confident that this new iPAS system will repeat the same success it has achieved in another provincial capital, Chengdu."

Chengdu, a city with a similar population size as Wuhan, is the provincial capital of Sichuan Province, which is also located in inland China. Since its inauguration of PAS services early last year, it has undergone two expansions and now has over 640,000 total PAS users with an increasing value-added services subscriber base.

Introduced in China in 1998 as a replacement to antiquated fixed-line systems, UTStarcom`s PAS technology gained more than seven and a half million Chinese customers as of December 2002, and now owns more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies. With deployments in China, Taiwan, Vietnam, and soon to be in the United States, UTStarcom dominated the worldwide PAS market in 2002, being named the top manufacturer by Merrill Lynch in October 2002. In addition to its leadership in PAS, UTStarcom also earned the top spot in the worldwide softswitch market in the second and third quarters of last year from Infonetics Research, and rated second in the DSLAM sector from Synergy Research, both key technology areas in high-growth markets.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Frankfurt, Germany; Mexico City, Mexico; Taipei, Taiwan; Tokyo, Japan; Bangkok, Thailand; Hanoi and Ho Chi Minh City, Vietnam; and New Delhi, India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding the expansion of PAS deployments in the Hubei province and the continued consumer demand for PAS services in the Hubei province are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances in the Hubei province, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

8:33AM CSFB upgrades Wireless Equipment sector : CSFB raises their rating on the Wireless Equipment sector to Mkt Weight from Underweight based on their belief that trading opportunities exist in the next 3-6 months; more positive near-term view is based on their view that sentiment has shifted to too negative, and valuations look attractive for several of the names; sees most upside in NOK and UTSI, and to a lesser extent QCOM.

[ROTEBLITZ]

8:59AM UTStarcom could be impacted by rate cuts - Pacific Growth (UTSI) 17.94: Pacific Growth says that rate cuts by CHL and CHU appear to have intensified in recent months, which could prompt the fixed line carriers to engage in more aggressive price negotiations with PAS equipment suppliers such as UTSI as they lose customers to the cellular service providers.

[ROTEBLITZ]

1:48PM Pac Growth midday note talks favorably on UTSI (UTSI) 19.04 +0.86: Pacific Growth Equities highlights a recent development with Soft Bank and increased investment into Yahoo BB (broadband) in their midday note. The note highlights the relationship with UTSI as equipment supplier to Yahoo BB and believes this to be a positive for the Company. In addition, the note suggests business at UTSI is currently "very strong" and in excess of activity the same time a year ago.

[ROTEBLITZ]

UTStarcom Agrees to Acquire Selected Assets of 3Com`s CommWorks Business For $100 Million
Tuesday March 4, 4:05 pm ET
Acquisition Augments UTStarcom`s Diverse Product Line, Provides Access To Additional Blue-Chip Customers Worldwide
UTStarcom to Host Investor Conference Call at 2:00 P.M. PST


ALAMEDA, Calif. and SANTA CLARA, Calif., March 4 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, and 3Com Corporation (Nasdaq: COMS - News) today announced an agreement for UTStarcom to acquire selected assets of 3Com`s CommWorks division. CommWorks` carrier-focused voice and data products complement and extend the UTStarcom product line, and the combined portfolio holds leadership positions in the global wireless (PAS and CDMA 2000 PDSN), softswitch, and broadband access markets.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"Acquiring the CommWorks assets will allow UTStarcom to add to its base of tier-one customers and accelerate its geographic diversification outside of China," said Hong Lu, president and Chief Executive Officer (CEO) of UTStarcom. "We are already the largest vendor to China Telecom and sell to major customers such as China Netcom, Yahoo! BB in Japan, and Cable & Wireless. CommWorks will give us access to blue-chip customers around the world via its long-term relationships with 17 of the world`s top 20 service providers, including AT&T, Sprint, and Verizon."

The transaction, valued at $100 million, will be paid in cash (subject to closing adjustments), is forecast to close within 60 to 120 days, and is expected to be earnings neutral in the third quarter and modestly accretive in the fourth quarter for UTStarcom.

"This transaction is the right thing to do for CommWorks with the right partner," said Bruce Claflin, president and CEO of 3Com. "With this transaction, 3Com is now a dedicated enterprise networking company, with a sharp focus on meeting the needs of the enterprise customer. The proceeds from this sale strengthen an already strong balance sheet, giving us an exceptional financial position with which to fund our ambitions."

A Global Platform for Profitable Growth

CommWorks develops and deploys carrier-class, IP-based, multi-service networks for the world`s largest service providers. In addition, CommWorks combines expertise in both custom development and network integration to deliver highly specialized professional services and solutions. The asset purchase will give UTStarcom a global platform for growth and profitability, complementing the company`s already strong presence in China, Japan, India, and South America and expanding its addressable markets for the future.

CommWorks is the worldwide market leader in Code Division Multiple Access (CDMA) 2000 Packet Data Serving Nodes (PDSN); and has deployed softswitches, media gateways, remote access servers (RAS), and applications around the world. UTStarcom leads the global softswitch market, accounting for 70 percent of all softswitch ports shipped in Q4 2002, while also leading in the Personal Access System (PAS) and holding second place in the Digital Subscriber Line Access Multiplexor (DSLAM) markets.

CommWorks` Professional Services organization offers carriers a wide range of tailored professional services, from supplementing in-house resources to transitioning to next-generation networks. CommWorks` service portfolio includes network design, implementation, operations and maintenance.

The financial rationale for purchasing CommWorks` assets is compelling. "One of our strategic goals is to increase our global sales and support infrastructure," continued Lu. "Integrating CommWorks into our organization will diversify our sources of revenue, increasing our pro forma non-China revenues from approximately 25 percent to approximately 30 to 35 percent in calendar year 2003. Moreover we believe CommWorks` large customer support and professional services organization, which represents between 40 and 50 percent of its total sales, provides an excellent source of recurring and stable revenue."

The acquisition of CommWorks` assets will give UTStarcom opportunities to cross-sell existing products to CommWorks` large installed base of carrier customers. After the CommWorks acquisition, UTStarcom`s global sales footprint will include offices throughout the U.S., as well as in Canada, Mexico, South America, the United Kingdom, Ireland, Germany, China, Taiwan, Japan, Korea, Vietnam, India, and the Philippines.

Under the terms of the agreement, UTStarcom will purchase, for $100 million in cash, selected CommWorks` assets, including equipment; contracts, agreements, licenses and leases related to CommWorks` business; patents and/or rights to all intellectual property relating to CommWorks` products; and select working capital items (excluding accounts receivable and accounts payable). The sale is expected to close within 60-120 days. UTStarcom expects the transaction to result in the creation of approximately $20-30 million of intangible assets to be amortized over 4 years and also expects to incur a one-time charge, estimated at $8-12 million, associated with the write-off of in-process research and development in the quarter in which the transaction closes. Anticipated product sales and service revenues from CommWorks will contribute approximately $25-30 million in revenue in each quarter for the balance of 2003 and $30-35 million per quarter in 2004. The boards of directors of UTStarcom and 3Com have approved the acquisition.

Within the terms of this transaction a majority of the existing CommWorks employee base will receive comparable offers of employment from UTStarcom. UTStarcom will lease 3Com`s Rolling Meadows facility in Illinois.

Merrill Lynch acted as exclusive financial advisor to UTStarcom and Goldman Sachs acted as exclusive financial advisor to 3Com.

UTStarcom Conference Call Information

UTStarcom will conduct a conference call to discuss this transaction today, Tuesday, March 4 at 2:00 p.m. (PST); the call is open to the public. The conference call dial-in numbers are as follows: United States -- 877-260-8897; International -- 612-332-1213.

A replay of the call will also be available from approximately 5:30 p.m. (PST), March 4, to 11:59 p.m. (PST), March 9. The conference call replay numbers are as follows: United States -- 800-475-6701; International -- 320-365-3844. The access code is 677148.

Prior to the conference call, a copy of the PowerPoint presentation outlining the details of the transaction will be available on UTStarcom`s web site at www.utstar.com.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

About 3Com Corporation

3Com is a tier-one provider of innovative, practical and high-value networking products for enterprises of all sizes and public sector organizations. 3Com is also a leader in providing Internet protocol (IP) service platforms and access infrastructure for network service providers. For further information, please visit www.3com.com, or the press site at www.3com.com/pressbox.

Forward-Looking Statements

The foregoing statements regarding, without limitation, the potential for revenue and product sales in future quarters, the potential impact of the transaction on future earnings and financial results, opportunities to add to the Company`s customer base, increased customer access and accelerated geographic diversity, opportunities to cross-sell existing products to CommWorks` installed customer base, revenue diversification, sources of revenue in future quarters and the stability of such revenue, the provision of a global platform for growth and profitability, a potentially enhanced sales footprint, the anticipated closing date of the transaction, and expansion of future addressable markets are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays, general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[dergeneral]

UTSTARCOM wurde von der Zeitschrift "der Aktionär" ins Musterdepot aufgenommen!

Des weiteren ist UTSTARCOM der größte AKtienanteil im Internetfond von H&A LUX DAC

Der H&A Lux DAC INTERNET-FONDS
WKN: 933805
Fondsgesellschaft: HAUCK & AUFHÄUSER INVESTMENTGESELLSCHAFT S.A.

Größte Positionen (Stand 28.02.2003)
1. UTStarcom Inc. (Telekommunikation)
2. Pacific Internet (Hardware)
3. Realtime Technology AG
4. Internet Gold-Golden Lines Ltd (Internet)
5. Plumtree Software (Software)

Ich glaube UTSTARCOM wird so nach und nach von den Fondsgesellschaften entdeckt!
Die positive Entwicklung in den letzten Jahren können die ja auch wohl kaum übersehen ;-)

Wie wird sich die Übernahme von COmmworks auf den Kurs auswirken???
Was denkt ihr??

Gruß
Euer General!

[ROTEBLITZ]

@dergeneral

es gibt für mich....keine bessere firma als UTStarcom,langfristig ist es das beste was es gibt!und die übernahme ,wird sich langfristig auszahlen.

grüße

[ROTEBLITZ]

[Nix Wasa]

@Roteblitz !!!

Bin der Gleichen Meinung wie du alleine die kontrakte in Indien für 2003-2004 sind Gewaltug.

Nix Wasa

[ROTEBLITZ]

@Nixwasa
Richtig!



in Asien ist man schon Der Big Player No.1! UtStarcom ist Die Zukunftsaktie schlechthin!


grüße

[sina5]

UTStarcom, Inc. Announces Proposed Convertible Subordinated Notes Offering And Simultaneous Convertible Bond Hedge and Call Option Transactions
Thursday March 6, 4:15 pm ET


ALAMEDA, Calif., March 6 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News) announced today that it intends to offer, subject to market and other conditions, approximately $350 million aggregate principal amount of Convertible Subordinated Notes due 2008 through an offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The interest rate, conversion rate (including the circumstances in which a holder may convert its notes) and offering price are to be determined by negotiations between UTStarcom and the initial purchasers of the notes.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
UTStarcom stated that it expects to grant the initial purchasers a 13-day option to purchase up to an additional $52.5 million principal amount of notes.

UTStarcom plans to use a portion of the net proceeds to repurchase 8 million of its shares beneficially owned by SOFTBANK America, Inc. The purchase price for the shares is expected to be at a 5% discount to today`s Nasdaq National Market closing sale price. UTStarcom also intends to use a portion of the net proceeds to enter into convertible bond hedge and call option transactions with respect to its common stock to reduce the potential dilution from conversion of the notes. In addition, the Company intends to use the remaining net proceeds for general corporate purposes, including research and development, expansion of its sales and marketing organization and working capital. From time to time the Company may evaluate opportunities to acquire or invest in complementary businesses, technologies or products, and may use a portion of the net proceeds to enter into these types of transactions.

This announcement is neither an offer to sell nor a solicitation to buy any of these securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

The securities will not be registered under the Securities Act, or any state securities laws, and unless so registered, may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state laws.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[HUGENEWS]

Tokyo 10.03.03 (asia-economy.de) Die japanische Beteiligungsgesellschaft Softbank Corp hat am Montag den Verkauf weiterer UTStarcom Anteile angekündigt. Der Grund ist das Aktienrückkaufprogramm der US amerikanischen Gesellschaft und die Investition in das ADSL Geschäft. Insgesamt sollen 8 Mio. Anteile im Gesamtwert von 139 Mio. US Dollar verkauft werden.

Wie die Beteiligungsgesellschaft weiter berichtet, soll dieser Anteilsverkauf der letzte zur Finanzierung des Highspeed Internetzugangs ADSL sein. Nach dem Anteilsverkauf wird Softbank seine Beteiligung von 21% auf 15% senken.

Bereits in der vergangenen Woche wurde der Anteilsverkauf an dem japanischen Internetportal Betreiber Yahoo Japan angekündigt. Softbank wird weitere 8% seiner Shares verkaufen und somit nur noch 42% an dem Unternehmen halten.

Die Softbank-Aktie verliert zum Wochenauftakt 5,6% an Wert. (rh)

© asia-economy.de (weitere Nachrichten finden Sie hier)

Autor: asia-economy (© www.asia-economy.de),09:05 10.03.2003








Reuters
UPDATE - Softbank to sell 8 mln UTStarcom shares
Monday March 10, 4:54 am ET


(Adds selling price of Yahoo Japan shares, expected profit)
TOKYO, March 10 (Reuters) - Japanese Internet investor Softbank Corp said on Monday it would sell eight million shares in UTStarcom Inc (NasdaqNM:UTSI - News) for $139 million, accepting the U.S. telecoms equipment maker`s offer to buy back its own stock.

ADVERTISEMENT


The planned sale, equivalent to about six percent of UTStarcom`s shares outstanding, is Softbank`s latest move to focus resources on its fledgling ADSL broadband Internet service.

Softbank said earlier this month it planned to sell 40,000 of its shares in Yahoo Japan Corp (4689.Q), cutting its stake in the nation`s top Internet portal to 42 percent from just over 50 percent to help fund the broadband service.

Softbank launched its cut-rate ADSL service, "Yahoo BB", with Yahoo Japan in 1999.

That triggered fierce competition with Nippon Telegraph and Telephone Corp`s (Tokyo:9432.T - News) regional units -- NTT East Corp and NTT West Corp -- in Japan`s broadband Internet access market .

Softbank said it expected to book a profit of about nine billion yen ($76.8 million) on the UTStarcom transaction, which is set to take place in April. After the deal, its stake in the company will fall to 15 percent from 21 percent.

UTStarcom said last week it would sell $350 million in notes convertible to common stock and use some of the proceeds to buy back eight million of its own shares.

Softbank said on Monday it had set the selling price of the 40,000 Yahoo Japan shares at 1,440,600 yen ($12,300) apiece, raising 55.2 billion yen after commissions.

As a result, the company is set to post a consolidated investment profit of 52.6 billion yen for the current business year ending on March 31.

Prior to Softbank`s announcements, its shares closed down 5.59 percent at 1,402 yen, underperforming the Nikkei average (^N225 - News), which ended down 1.25 percent at 8,042.26 after slipping below the 8,000 mark for the first time in 20 years. Shares in Yahoo Japan tumbled 9.82 percent to 1.47 million yen. ($1=117.10 yen)

[ROTEBLITZ]

und weiter geht es.....

UTStarcom Signs Contracts Valued at $50 Million with China Netcom For New and Expansion Deployments of Its IP-Based PAS Systems
Monday March 10, 5:12 pm ET


ALAMEDA, Calif., March 10 /PRNewswire-FirstCall/ -- UTStarcom Inc. (Nasdaq: UTSI - News), a leading provider of wireless, wireline and broadband access equipment, today announced that it has signed contracts at approximately $50 million with China Netcom Corporation for new and expansion deployments of its IP-based PAS (Personal Access System) in several northern cities in China.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"We have seen incredible demand in the past months for our PAS systems in China as we believe that the operators continue to see opportunities to increase subscriber numbers, revenues and profits by deploying our systems," said Simon Le, Chief Vice President of Sales of UTStarcom China. "Our core business is a strong as it has ever been, and we are working around the clock to fulfill the increasing demand."

Introduced in China in 1998 as a replacement to antiquated fixed-line systems, UTStarcom`s PAS technology gained more than seven and a half million Chinese customers as of December 2002, and owns more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies. With deployments in China, Taiwan, Vietnam, and soon to be in the United States, UTStarcom dominated the worldwide PAS market in 2002, being named the top manufacturer by Merrill Lynch in December 2002. In addition to its leadership in PAS, UTStarcom also earned the top 2002 second and third quarters of last year and rated second in the DSLAM sector from Synergy Research, both key technology areas in high-growth markets.

About UTStarcom, Inc.

UTStarcom designs, manufactures, sells and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost-effectively by utilizing existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now."

The Company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

Founded in 1991 and headquartered in Alameda, California, the Company manufactures the majority of its products at its ISO9002 certified facilities located in China, and maintains sales and customer support sites throughout Mainland China and in Iselin, NJ; Alameda, CA; Miami, FL; Frankfurt, Germany; Mexico City, Mexico; Taipei, Taiwan; Tokyo, Japan; Bangkok, Thailand; Hanoi and Ho Chi Minh, Vietnam and New Delhi, India.

Forward-Looking Statements

The foregoing statements regarding the Operator`s opportunities to increase subscribers, revenues and profits, and increasing consumer demand for advanced are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets in China and worldwide, the termination of new contracts, partnerships or alliances with China Netcom, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[dergeneral]

Erst einmal Willkommen
NixWasa, Sina5 und Hugenews
seid ihr neu in UTSTARCOM ??


Bin auch von dieser Firma überzeugt, habe sie immerhin seit 90€ ;-)
Aber hat sich in meinem Depot noch am besten gehalten ;-)

Ein Beweis, das UTSTARCOM immer bekannter wird, zeigt das www.Finanzen.net (Portal von Euro am Sonntag und Co.) immer öfters über diesen Wert berichtet! (vorallem in Deutsch ;-)

UTStarcom bekommt 50 Mio. Dollar Auftrag von China Netcom
11.03.2003 13:37:00
Der amerikanische Telekommunikationsausrüster UTStarcom gab heute bekannt, dass er einen Auftrag vom chinesischen Mobilfunkbetreiber China Netcom erhalten hat. Das Volumen des Auftrags, bei dem es sich hauptsächlich um die Lieferung von Telekommunikations-Equipment handelt, wurde mit 50 Mio. Dollar angegeben.

Damit will China Netcom das Netz in einigen Städten im Norden Chinas ausbauen.

Die UTStarcom Aktie beendete den Handel gestern bei 17 Dollar. Dies entspricht einer Marktkapitalisierung von 1,8 Mrd. Dollar.

[HUGENEWS]

@dergeneral
Nein ,bin sachon länger dabei

Einstiegskurs liegt bei 19,30$

Bin Long in UTSI!


gruß

[ROTEBLITZ]

8:55AM UTStarcom upped to Overweight from Equal Weight at Pacific Growth (UTSI) 17.00: The upgrade is based on valuation and increased order activity.

[dergeneral]

Mißt!

Roteblitz war schneller ;-)
Wollte das auch gerade posten!

Scheint wieder wieder aufwärts zugehen!

Strong BUY!!!

[dergeneral]

Wieder von www.finanzen.net:
Zwar nix neues aber in Deutsch ;-)

Update UTStarcom Inc.: Overweight
11.03.2003 16:06:27
In ihrer Analyse vom Dienstag, 11. März 2003 stufen die Analysten von Pacific Growth Equities die Aktie des Unternehmens UTStarcom Inc. von "Equal Weight" auf "Overweight" herauf. Ein Kursziel geben die Analysten nicht an.

[sina5]

[dergeneral]

Die Umsätze dieser Woche sind echt enorm!!

[ROTEBLITZ]

ja
gestern über 6 million aktien gehandelt.


grüße

[panik]

UTStarcom Announces Continued Strong Bookings With China Telecom, Signs First PAS Contract in Guizhou Province Valued at $30 Million
Thursday March 13, 9:05 am ET
UTStarcom Increases Both Q1 and Full-Year 2003 Revenue and EPS Guidance On Strength of Core Business


ALAMEDA, Calif., March 13 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced a contract with Guizhou China Telecom, valued at approximately $30 million, for new deployments of its IP-based PAS(TM) (Personal Access System) in five cities in the Province. This is UTStarcom`s first PAS contract in Guizhou, one of China`s western provinces.
(Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"Not only are we making significant inroads in global markets, but we continue to see tremendous growth of our PAS systems in China, our core market," said Mike Sophie, Chief Financial Officer of UTStarcom, Inc. "At the same time, we are maintaining our leadership positions in the global DSLAM and softswitch markets. As such, I am pleased to be able to raise our revenue and EPS guidance for both the first quarter and full-year of 2003."

Revenues will now be in the range of $315 million for the first quarter and $1.4 billion for the full-year 2003. This compares to previous guidance of $275 million and $1.325 billion, respectively, given on the fourth quarter 2002 earnings conference call. UTStarcom is also raising its earnings per share guidance to $0.27 for the first quarter and $1.37 for the full year. This compares to previous guidance of $0.23 and $1.27, respectively, given on the fourth quarter 2002 earnings conference call.

The effects of the repurchase of 8 million shares of common stock from SOFTBANK America Inc. and the convertible bond offering announced last week are also anticipated to be accretive to EPS by approximately another $0.07 for the full-year, bringing total 2003 revised EPS guidance to $1.44.

None of the above guidance reflects the pending CommWorks acquisition, as the transaction has not yet closed.

Given this is an interim guidance increase, more detailed information will be provided on the first quarter 2003 earnings conference call.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

This release contains statements that are forward-looking in nature, including statements regarding guidance for revenue and earnings per share for the first quarter and full-year of 2003, and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These risk factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets in China and worldwide, the termination of new contracts, partnerships or alliances with China Netcom, reductions or potential cancellation or non-recognition of backlog and other uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K, its Quarterly Reports on Forms 10-Q and its Current Reports on Form 8-K, as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[dergeneral]

Mißt wieder zu spät ;-)

Grüße

[ROTEBLITZ]

@dergeneral

Super news! von utsi
9:11AM UTStarcom raises Q1 and full yr guidance (UTSI) 17.44: Co now sees Q1 of $0.27 vs previous guidance of $0.23 (Multex consensus $0.24). For the full yr, co raises outlook to $1.37 from $1.27 (consensus $1.28). The effects of the repurchase of 8 mln shares from Softbank and the convertible bond offering announced last week are also anticipated to be accretive to EPS by approx another $0.07 for the full-year, bringing total 2003 revised EPS guidance to $1.44.





Reuters
UPDATE - UTStarcom raises outlook on strong global demand
Thursday March 13, 10:06 am ET


(Adds background, company comments, stock action)
ALAMEDA, Calif., March 13 (Reuters) - Telecommunications equipment maker UTStarcom Inc. (NasdaqNM:UTSI - News) on Thursday raised its 2003 first-quarter and full-year financial outlook due to growing demand overseas, including in China, for its wireless and wireline gear.

ADVERTISEMENT


UTStarcom`s shares rose 71 cents, or 4 percent, to $18.15 in initial trading on the Nasdaq.

The Alameda, California-based company, a provider of access and Internet Protocol (IP) switching equipment, said the stronger forecast was because of strength in its core businesses.

"Not only are we making significant inroads in global markets, but we continue to see tremendous growth of our PAS (personal access system) systems in China, our core market," UTStarcom Chief Financial Officer Mike Sophie said in a statement.

UTStarcom said it now expects sales in the area of $315 million in the first quarter and $1.4 billion for the year, compared with previous forecasts of $275 million and $1.325 billion, respectively.

It also raised its earnings guidance to 27 cents a share for the first quarter and $1.37 for the full year. This compares with previous guidance of 23 cents and $1.27, respectively.

The effects of the repurchase of 8 million shares of common stock from Softbank America Inc. and the convertible bond offering announced last week are also expected to add to the company`s earnings per share by about another 7 cents for the full year, bringing total 2003 revised earnings per share guidance to $1.44.

Analysts were expecting UTStarcom to earn 24 cents a share in the first quarter and $1.28 for the year on sales of $272.9 million and $1.329 billion, respectively, according to research firm Thomson First Call (News - Websites).

None of UTStarcom`s new forecasts reflects the pending acquisition of 3Com Corp.`s (NasdaqNM:COMS - News) CommWorks telecom equipment business. UTStarcom said on March 4 that it would buy that business for $100 million in cash, and the deal was expected to close within 120 days.

UTStarcom provided the new outlook along with an announcement that it had signed a $30 million contract to supply equipment to Guizhou China Telecom.

[dergeneral]

Wow, gestern wieder ein Volumen über 4 Mill $ gehandelt.
Leider nur 3%

Ist UTSTARCOM eigentlich in irgend welchen wichtigen Indizes? Oder nur an der Standart Nasdaq?

Naja, die Marktkapitalisierung ist ja nicht schlecht!

[ROTEBLITZ]

UtStarcom ist NUR an der Nasdaq gelistet.



grüße

[ROTEBLITZ]

wiedermal sehr gute news!

2:26PM GlobeSpanVirata downgraded at Thomas Weisel (GSPN) 4.24 -0.64: Thomas Weisel downgrades to Underperform from Attractive based on deteriorating growth prospects resulting from increased competition, pricing pressure for ADSL chipsets, mkt share loss, and slowing subscriber add growth; in addition, firm believes GSPN could lose share at UTSI, which may be moving designs away from GSPN in favor of other suppliers such as CTLM.

[ROTEBLITZ]

UTStarcom to make crossover cellphones in 2003
Thursday March 13, 3:05 am ET
By Juliana Liu


BEIJING, March 13 (Reuters) - Telecoms equipment vendor UTStarcom Inc (UTSI.O.) plans to roll out a crossover handset in 2003 running on limited-access wireless phone networks as well as China`s dominant mobile service, a spokesman said on Thursday.
ADVERTISEMENT


The new phone is expected to attract cost-conscious users to services offered by fixed-line carriers China Telecom (NYSE:CHA - News; HKSE:0728.HK - News) and China Netcom and chip away profits at mobile operators China Mobile (HKSE:0941.HK - News) and China Unicom (HKSE:0762.HK - News).

"We think the dual-band handset will help our current customers gain greater roaming ability and help us win new customers who would be able to carry just one phone instead of two," the spokesman told Reuters.

The phone would run on the low-cost "Little Smart" service, also known as personal access system (PAS) or personal handphone system (PHS), within a single city and automatically kick into mobile mode when users leave town or even China, he said.

Still in development, the handset would take aim at a saturated cellphone industry fighting for the pockets of China`s 12 million Little Smart users and 200 million GSM mobile users, the largest market in the world.

The phones would cost about the same as mid to high-end single band phones, the spokesman said without giving details.

China Telecom is expected to offer the phones together with its wireless service, drawing customers who previously shunned the Little Smart system because of its limited range, industry sources said.

Executives at China Netcom were not available for comment.

Built onto a city`s existing fixed-line infrastructure, Little Smart -- which has failed to gain traction in Japan, Taiwan and Thailand -- is cheaper to deploy than normal mobile networks but cannot be used outside designated networks.

PINCHING PROFITS

Connie Hsu, a Hong Kong-based telecoms analyst at Pyramid Research who has watched the sector for five years, said the crossover phone would definitely eat into mobile revenue.

"With this new dual-band phone, I can see mobile users switching to the cheaper service when they are local, which is probably most of the time," she said.

Introduced to China in 1998, Little Smart has wooed customers with per minute rates of 0.1 yuan ($0.121), about a quarter of standard mobile charges.

Analyst Li Jianchao of the China Stock Exchange Executive Council, a Beijing research house, said the new phone would hit China Unicom particularly hard because it was more dependent on low-end users than rival China Mobile.

"And if the connection quality of the dual-band handset improves, I think some mid- and high end mobile users will switch to China Telecom and Netcom. That will hit China Mobile badly too," he said.

But regulatory risks remain, Li said, because the Ministry of Information Industry has not given a formal green light for fixed-line carriers to expand into major cities or edge into mobile services, even if they just offer crossover cellphones.

Outgoing Minister Wu Jichuan was quoted this week as saying regulators would not intervene in the carriers` strategy of first winning the countryside and then storming the cities, a guerrilla tactic popularised by iconic leader Mao Zedong.

Failing to win mobile licences from regulators, China Telecom and China Netcom have built PAS networks in the last two years and bought over $1.5 billion of equipment from UTStarcom alone.

With eye-popping subscriber growth rates as high as 65 percent in the first half of 2002, compared to less than 30 percent for mobile operators, Little Smart has helped set off a price war between China Mobile and China Unicom which has dented average revenue per user.

Their stock tumbled near their lowest levels in years this week amid what analysts called a new flare-up of competition due to limp government regulation of the upstart wireless service.

(With reporting by Helen Zhou and Dai Shasha)

[dergeneral]

Hallo Leute!
Habe soeben eine super nachricht bei Heise.de gefunden!!!

Lest selber und sagt euere Meinung!
Bin gespannt, was die Aktie heute macht!?!?
Schnell noch ein paar Aktien einsammeln!! ;-))

Langer Marsch von PHS nach China erfolgreich

Die chinesische Regierung hat den Widerstand gegen den Mobilfunkstandard PHS (Personal Handyphone System) aufgegeben und erlaubt nun auch die Etablierung von PHS-Netzen in den großen Städten Peking und Shanghai. Am Rande des derzeit stattfindenden zehnten Nationalen Volkskongresses hatte der zuständige Minister bekannt gegeben, dass die Regierung den Ausbau des "xiaolingtong" ("Cleverchen") genannten Netzes nicht fördern, aber den Marsch auf die großen Städte nicht mehr verbieten werde. In der Folge fiel der Aktienkurs des konkurrierenden GSM-Netzbetreibers China Mobile auf den niedrigsten Stand seit April 1999.

PHS-Netze können deutlich günstiger errichtet und betrieben werden als GSM-Netze. Entsprechend betragen die Tarife in China nur einen Bruchteil der GSM-Tarife. Nicht nur sind Endgeräte, Grundgebühren, Minuten- und SMS-Tarife preiswerter, sondern auch Gespräche bei "Cleverchen" für den angerufenen Teilnehmer kostenlos. Die chinesischen GSM-Netze hingegen verrechnen Passivgebühren. In einem Vorort von Peking nutzen bereits die ersten 100 Kunden das Cleverchen-Netz von China Telecom und China Netcom, zehn weitere Vororte sollen in nächster Zeit erschlossen werden. Obwohl derzeit keine Pläne für einen Ausbau im Zentrum der Hauptstadt bestehen, erwarten Analysten eine baldiges Aus für GSM-Passivgebühren als Reaktion auf die verstärkte Konkurrenz.

Bislang war xiaolingtong nur in den kleineren und mittleren Städten Chinas genehmigt worden, konnte dort aber bereits rund zwölf Millionen Kunden gewinnen. Neben China ist PHS auch in Japan sehr populär und außer in Europa bereits auf allen Kontinenten vertreten. Technisch ähnelt PHS in etlichen Punkten dem vor allem in Europa und den USA für Schnurlostelefone genutzten DECT-Standard und ermöglicht Datenübertragung bis 128 kbit/s. Der Nachfolgestandard Advanced PHS soll 1 Mbit erreichen. Attraktiv erscheint PHS auch deshalb, weil es hohe Bereitschaftszeiten von mehreren hundert Stunden mit sehr niedrigem Handy-Gewicht kombiniert (rund 70 Gramm). An die Grenzen des PHS-Verfahrens stoßen jedoch Anwender mit GSM-Ansprüchen -- wer sich von Zelle zu Zelle bewegt und dabei die "Höchstgeschwindigkeit" von 40 Stundenkilometern überschreitet, muss Gesprächsabbrüche in Kauf nehmen. Auch Roaming zwischen verschiedenen Städten wurde im Cleverchen-Netz bislang nicht implementiert. Dennoch dürfte der Wettbewerb am chinesischen Mobilfunkmarkt nun deutliche Belebung erfahren. (Daniel A. J. Sokolov)/ (tol/c`t)

[ROTEBLITZ]

UTStarcom Continues Its Stronghold Over the Global Softswitch Market, Reports Infonetics Research
Tuesday March 18, 4:09 pm ET
Company Shipped 70 Percent of All Softswitch Ports Worldwide in Fourth Quarter And Finishes 2002 With 61 Percent Market Share


ALAMEDA, Calif., March 18 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that Infonetics Research has named the company the world`s leading vendor of softswitch solutions for the fourth quarter of 2002. This marks the third straight quarter that Infonetics has named UTStarcom the leading global softswitch vendor. According to the report, UTStarcom shipped 70 percent of all softswitch ports worldwide, or nearly three million ports, in the fourth quarter. In the third quarter, by comparison, UTStarcom held 59 percent of the market and shipped more than 1.7 million ports, an increase from the company`s 1.2 million ports shipped and 51 percent market share in the second quarter.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Infonetics reports that worldwide next-gen softswitch revenue reached $58 million in 4Q02, a 17 percent increase from the previous quarter. Tremendous growth is expected in the long term, with CY06 forecasts reaching $1.72 billion, as next-gen softswitches are the core piece to the next-generation voice networks and services which all telcos will eventually deploy.

"UTStarcom`s consistent dominance in the softswitch market throughout 2002 is a direct result of our company`s commitment to manufacturing leading-edge softswitch technology while keeping the needs of our customers in mind," said Hong Lu, president and chief executive officer of UTStarcom, Inc. "We offer something unique to service providers -- they can use UTStarcom`s mSwitch(TM) with existing infrastructures for basic phone service, or easily deploy advanced IP applications to generate new revenues."

The IP-based mSwitch is a cost-effective, flexible, and highly scalable switching infrastructure that supports voice and data services over wireline and wireless networks. Service operators can use the platform to migrate their traditional voice-based TDM networks to next-generation, IP-based packet switching architecture. Because the mSwitch supports a variety of industry standards and protocols, operators can offer a full gamut of revenue-generating services over one platform. In addition, the low price per port of the mSwitch drives down application-per-subscriber costs and increases operator revenue.

The mSwitch is often bundled into UTStarcom`s iPAS(TM) (IP-based Personal Access System) wireless-access network, which enables operators to offer a complete set of wireline services while migrating to an IP-based wireless network. However, the mSwitch can also be deployed as a separate system and is gaining significant interest from service providers to be used for additional applications.

The Infonetics report noted that UTStarcom finished calendar year 2002 with almost seven million ports shipped, representing a 61 percent market share for the entire year, and close to $60 million in resulting revenue.

"UTStarcom has found great success in deploying its mSwitch product to developing telecommunications markets that require flexible, cost-effective solutions," said Kevin Mitchell, directing analyst, Service Provider Networks at Infonetics Research, an international market research and consulting firm covering the networking and telecommunications industries. "By focusing its sales efforts in Asia and Latin America, UTStarcom has found profitable and receptive markets with great growth potential."

For more information on the report from Infonetics Research, please go to www.infonetics.com. For more information on UTStarcom`s mSwitch, please visit www.utstar.com.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the demand for broadband access, UTStarcom`s ability help its customers receive a quick return on investment, and provide increased services and functionalities, are forward looking in nature. These risks and factors include rapidly changing technology, the changing nature of the global telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the development and deployment of the systems, the termination of significant contracts, partnerships or alliances, and uncertainties such as changes in government regulation and licensing requirements worldwide. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[ROTEBLITZ]

9:33AM UTStarcom initiated with Buy rating at Deutsche (UTSI) 19.55 -0.02: Deutsche Securities initiates coverage with a Buy rating and $24 price target; says 2003 should be a banner year for the co due to: 1) continued strong sales of PHS wireless in China, 2) a US$100+ mln contract to Reliance of India, and 3) strong broadband sales to Softbank`s Yahoo! Broadband.

[ROTEBLITZ]

UTStarcom Is Recognized as World`s Second-Largest DSLAM Provider for 2002 By Synergy Research Group
Thursday March 20, 9:05 am ET
Company Earns Leadership Position in Broadband Sector in Less Than Two Years Since Shipping First Product


ALAMEDA, Calif., March 20 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced it has been named the world`s second-largest provider of DSLAM products for 2002, according to a report from Synergy Research Group. With more than 1.6 million ports shipped worldwide last year, UTStarcom accounted for approximately nine percent of all DSLAM ports shipped in 2002, up from less than one percent in 2001.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"UTStarcom`s ascension to second place in the world`s DSLAM market is a testament to its market strategy and product positioning," said (Stan) Zhiyong Zou, industry analyst at Synergy Research Group. "The company is capitalizing on a huge existing market potential by addressing the current telecommunication needs in emerging markets like China, Japan, and India. UTStarcom is in a strong position to increase deployments of next-generation solutions with carriers worldwide to deliver advanced services such as VPNs, Voice over IP, and Video on Demand."

"UTStarcom has seen phenomenal growth in deployments of our IP-DSLAM platform since we introduced it to the market in late 2001," said Hong Lu, president and chief executive officer of UTStarcom, Inc. "Our potential for future growth is enormous. Because carriers in emerging markets are starting from almost no communications infrastructure, UTStarcom can provide them with next-generation broadband services that are easy to deploy and affordable today."

According to Infonetics Research 4Q02 Broadband Hardware/DSL report, IP- based DSLAMs are gaining significant momentum in the DSL market, especially in Asia Pacific, which has seen large deployments from Yahoo! BB Japan, whose key supplier is UTStarcom. IP- based DSLAMs are being chosen in place of ATM- based DSLAMs, as networks around the world are being architected with Ethernet and IP technologies that will allow for the delivery of new IP services such as VPNs, VoIP, and VoD.

Carriers can use UTStarcom`s AN 2000 IB(TM) IP-DSLAM to migrate their access networks seamlessly and economically from narrowband voice-only services to full broadband capabilities. The company`s platform enables carriers to generate additional revenue by offering customers the triple play of data, voice, and video services over a single copper loop. The AN-2000 IB is economical to deploy, eliminating the need for a costly ATM infrastructure and giving carriers a faster return on their investment.

The AN-2000 IB IP-DSLAM fully terminates the ATM protocol on the ADSL line and provides IP from the line card, allowing carriers the ability to deliver multiple high-speed services such as voice-over-IP and video over a backbone network that employs low-cost IP switching and routing. An all-IP network also makes it easier for carriers to support video streaming using technologies such as IP multicast.

For more information on Synergy Research or to purchase the full report, please go to www.srgresearch.com. For more information on Infonetics Research or to purchase the full report, please go to www.infonetics.com.

For further information on UTStarcom`s DSLAM solution please visit www.utstar.com.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the demand for broadband access, UTStarcom`s ability help its customers receive a quick return on investment, and provide increased services and functionalities, are forward looking in nature. These risks and factors include rapidly changing technology, the changing nature of the global telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the development and deployment of the systems, the termination of significant contracts, partnerships or alliances, and uncertainties such as changes in government regulation and licensing requirements worldwide. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[ROTEBLITZ]

und weiter gute news

UTStarcom Wins First IP-DSLAM Contract With China Netcom and Secures Additional Deployments With China Telecom
Thursday March 20, 4:32 pm ET
UTStarcom IP-DSLAM Deployments in China Reach 200,000 ADSL Lines


ALAMEDA, Calif., March 20 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it has been awarded its first IP-DSLAM contract with China Netcom Corporation (CNC) to deploy over 25,000 lines of its AN-2000 IB(TM) solution in the Shandong and Shanxi Provinces. The company also announced today that it has secured a new contract with China Telecom to deploy an additional 80,000 ADSL lines in the Zhejiang Province.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Today`s new contracts bring UTStarcom`s IP-DSLAM deployments to 200,000 ADSL lines within multiple provinces in China. UTStarcom was named the second-largest DSLAM provider for 2002, earning this leadership position in less than two years after shipping its first product. (Editor`s Note: See March 19, 2003 announcement titled, "UTStarcom Is Recognized As World`s Second-Largest DSLAM Provider For 2002 By Synergy Research.") These contracts clearly affirm the trend UTStarcom is seeing in emerging broadband markets, where major service providers are choosing IP-based DSLAM solutions over existing legacy ATM-based systems to provide customers with a triple play of advanced voice, video, and data services.

IP-DSLAM`s Strong Market Potential

The market potential for IP-based DSLAM solutions in China remains extremely attractive. Countrywide predictions expect that the total broadband market will increase to five to six million ADSL users this year, compared to approximately two million ADSL lines at the end of 2002.

"UTStarcom`s sizable customer wins for our IP-DSLAM platform demonstrate our significant advantages over traditional, ATM-based equipment for carriers that need to satisfy high-growth markets and receive a quick return on their investment," said Hong Lu, president and chief executive officer of UTStarcom, Inc. "Carriers worldwide need cost-effective, scalable solutions that satisfy their customers` desire for higher bandwidth and more services. UTStarcom`s platform enables carriers to offer high-speed Internet access, voice, and video today, while at the same time offering a migration path to the future all-IP network."

About UTStarcom`s IP-DSLAM Products

Carriers can use UTStarcom`s AN 2000 IB IP-DSLAM to migrate their access networks seamlessly and economically from narrowband voice-only services to full broadband capabilities. The company`s platform enables carriers to generate additional revenue by offering customers the triple play of data, voice, and video services over a single copper loop. The AN-2000 IB is economical to deploy, eliminating the need for a costly ATM infrastructure and giving carriers a faster return on their investment.

The AN-2000 IB IP-DSLAM provides IP from the ADSL line card, allowing carriers the ability to deliver multiple high-speed services such as voice-over-IP and video over a backbone network that employs low-cost IP switching and routing. An all-IP network also makes it easier for carriers to support video streaming using technologies such as IP multicast and IP Quality of Service (IP QoS).

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the demand for broadband access, UTStarcom`s ability help its customers receive a quick return on investment, and provide increased services and functionalities, are forward looking in nature. These risks and factors include rapidly changing technology, the changing nature of the global telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the development and deployment of the systems, the termination of significant contracts, partnerships or alliances, and uncertainties such as changes in government regulation and licensing requirements worldwide. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

UTStarcom Signs Contracts Valued at $40 Million with China Telecom Guangdong and Jiangsu Province for IP-Based PAS
Tuesday March 25, 4:17 pm ET
New and Expansion Contracts Show UTStarcom`s PAS Market Leadership in Major Cities Experiencing Strong Economic Growth in China


ALAMEDA, Calif., March 25 /PRNewswire-FirstCall/ -- UTStarcom Inc. (Nasdaq: UTSI - News), a leading provider of wireless and wireline access and IP switching solutions, today announced that it has signed contracts valued at approximately $40 million with China Telecom for new and expansion deployments of its IP-based PAS(TM) (Personal Access System) equipment in the Jiangsu and Guangdong Provinces.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
The new contracts will support several major cities in the Jiangsu and Guangdong Province. These provinces are two of the most affluent and are experiencing some of the most rapid economic growth in China.

"UTStarcom`s PAS system continues to be extremely successful in China, with an estimated 13 million new subscriber additions targeted countrywide for 2003," said Simon Le, vice president of sales of UTStarcom China. "We expect this success to continue for the next several years.

"The reason PAS remains successful in China, and is now gaining traction on a worldwide basis, is because it caters uniquely to a large segment of the population that wants the flexibility of mobile telephony, but does not want to have to pay the high fees of full roaming cellular. PAS offers consumers more communications choices at a cost-effective price."

Introduced in China in 1998 as a replacement to antiquated fixed-line systems, UTStarcom`s PAS technology gained more than six million Chinese customers as of September 2002, and now owns more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies. With deployments in China, Taiwan, Vietnam, and soon to be in the United States, UTStarcom dominated the worldwide PAS market in 2002, being named the top manufacturer by Merrill Lynch in October 2002. In addition to its leadership in PAS, UTStarcom maintains the number one position in the worldwide softswitch market for the past three consecutive quarters starting in Q2 2002 according to Infonetics Research, and rated second in the worldwide DSLAM sector for 2002 from Synergy Research, both key technology areas in high-growth markets.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the Company`s continued focus on technology innovation for our PAS solutions, the continued strength of the company`s market share and competitive positioning, the affluence and economic growth and strength of the Jiangsu and Guangdong Provinces, and the opportunities for our other technology platforms are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances in the Guangdong Province, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[dergeneral]

Hallo Leute!
Habe auch mal wieder Super News bei Heise.de gefunden!!
Was ist euere Meinung dazu?

Roaming jetzt auch für PHS-Mobilfunk

Eines der größten Mankos des preisgünstigen PHS-Mobilfunkstandards -- aber auch des japanischen Mobilfunk-Marktes überhaupt -- war bislang schwieriges Roaming im Ausland. Der japanische Anbieter DDI Pocket ermöglicht nun seinen Kunden erstmals das taiwanische PHS-Netz von First International Telecom (FITEL) zu nutzen. Am 1. April wird DDI Pocket die ersten beiden Handys vertreiben, die den internationalen PHS-Roaming-Standard unterstützen. Die über 500.000 taiwanischen PHS-User dürfen seit Kurzem wiederum in Japan roamen.

Weitere Roaming-Möglichkeiten könnten bald folgen, da das australische Unternehmen Cellular Roaming Alliance Anfang des Jahres das PHS Memorandum of Understanding unterzeichnet hat. DDI-Kunden zahlen in Taiwan 100 Yen pro Tag (etwa 78 Euro-Cent), höchstens jedoch 1000 Yen pro Monat. Gespräche von Taiwan nach Japan sind mit 40 bis 80 Yen pro Minute (31 bis 62 Cent) wohlfeil. FITEL errichtet nach eigenen Angaben jedes Monat hunderte Basisstationen, um das Netz auszudehnen. Ende 2002 waren 8153 Sender in Betrieb.

Den über zwölf Millionen chinesischen Usern wird UTStarcom voraussichtlich ab Mai Dual-Handys anbieten, die neben PHS auch GSM beherrschen. Die neue Möglichkeit, auch in anderen Städten und unterwegs mobil zu telefonieren, dürfte den Kundenstamm weiter wachsen lassen. Bislang reißen PHS-Verbindungen ab, wenn sich der Anwender schneller als mit etwa 40 km/h fortbewegt. Im vergangenen Jahr hatte sich die Zahl der Kunden im chinesischen "Cleverchen"-Netz verelffacht -- nun darf das Netz erstmals in den großen Städten Peking und Shanghai Sender aufgestellt werden.

Auch auf anderem Gebiet schreitet die PHS-Entwicklung voran. So hat Zarlink diese Woche drei neue Chips vorgestellt, die in PHS-Base-Stations Echos und Störgeräusche herausfiltern sollen. Seiko Instruments hat ein PHS-Modem für SD-Card-Slots (AH-S101S) herausgebracht und entwickelt ein ähnliches Modul im Memory-Stick-Format. (Daniel A. J. Sokolov) / (tol/c`t)

[panik]

Dow Jones Business News
China Government Reaffirms PHS Not Considered Mobile Phone Service
Thursday March 27, 10:38 pm ET


BEIJING -(Dow Jones)- China`s telecommunications regulator has reaffirmed that the limited-mobility phone service of China Telecom Group and China Netcom Group is considered a fixed-line phone service and not a true mobile phone service.

The ruling makes it clear that those two companies face no regulatory barriers to expanding their offerings of that service, which is marketed under the name Xiaolingtong or "Little Smart," and is known generically as personal handyphone system, or PHS.

In fact both operators, which are licensed to offer fixed-line but not mobile phone service, have been aggressively expanding their Xiaolingtong service into more cities since mid-2002. This week, local media reported that China Telecom Corp. is preparing to launch it in wealthy Guangzhou city.

Because it undercuts traditional mobile phone services on price, the expansion of Xiaolingtong has brought increasing competitive pressure to bear on China`s two mobile operators, the state-owned parent companies of China Mobile (Hong Kong) Ltd. (NYSE:CHL - News) and China Unicom Ltd. .

While the Ministry of Information Industry, China`s telecom regulator, has long said informally that PHS is a fixed-line service, it made the definition explicit in a document issued this week.

The "Catalog of Telecom Service Classifications" for the first time gives detailed written definitions of the various types of telecom services regulated in China. For fixed-line phone services, it says: "the primary feature is that the terminals are immobile or have limited mobility."

For mobile phone services, "the primary feature is that the terminals are mobile, and also have the function of cross-area switching and automatic roaming outside the local network."

While the document doesn`t explicitly mention PHS, those definitions make it clear that the "Little Smart" service falls under the fixed-line category. The phone handsets are indeed mobile, but the service doesn`t permit subscribers to roam outside their immediate local area.

"The new categories are exactly the same as before," said a spokesman for UTStarcom Inc. (NasdaqNM:UTSI - News) , one of the main suppliers of equipment for the service. He said the new document simply makes public definitions of mobile and fixed- line service that the ministry had been using internally for some time.

-By Andrew Batson, Dow Jones Newswires; 8610 6588-5848; [e-mail]

-Edited by Timothy Gan

[panik]

Forbes Magazine
A New Chinese Model
Friday March 28, 1:50 pm ET
By Russell Flannery
UTStarcom`s growth suggests a maturing technology sector.


Cisco Systems` lawsuit against unlisted Chinese network equipment maker Huawei Technologies underscores what the skeptics say is the darker side of China`s technology boom--theft of intellectual property. But the rise of telecom equipment maker UTStarcom highlights another side: the success of a more transparent cross-boundary model. It also shows how a story that played out in Singapore, Hong Kong and Taiwan in an earlier era is starting to repeat itself in China, with potentially greater international business implications.

While telecommunications giants around the world largely struggle, UTStarcom (NasdaqNM:UTSI - News) is prospering. The company, based in the San Francisco Bay area yet with the majority of its business in China, said this month it would pay $100 million for selected assets of Santa Clara, California-based 3Com (NasdaqNM:COMS - News), a move that will expand its business at big global network carriers such as AT&T and Verizon. That announcement followed word UTStarcom`s sales climbed 57% to a record $981.8 million in 2002; net profit was up 89% to $107.9 million.

Business has boomed in part as a result of rapid growth in China. Now the world`s largest market for mobile telephones, with 207 million users, its customers are hooked on mobility and feeling well-off because of the country`s 7%-to-8% economic growth. UTStarcom`s telecommunications equipment allows relatively low-cost wireless service in limited geographical areas, such as cities or towns. The company is "capitalizing on a technology that many had dismissed as passé and fashioning it as the most affordable wireless solution for the common man in China," says Alan Hellawell, head of Asian telecom research at Lehman Brothers in Hong Kong. Thanks to orders from big service providers such as China Telecom (NYSE:CHA - News), UTStarcom`s backlog at the end of 2002 was $600 million, about double that of a year earlier.

But China`s domestic market isn`t the whole story. In 2000 revenue outside of China was only 1% of UTStarcom`s total. In 2001 that percentage increased to 10%, and last year it hit a record 18%. This year export sales are poised to have "over 100% growth, maybe 150% growth," Vice Chairman Wu Ying said in an interview. The biggest overseas success to date: Japan. There it competes with the likes of Alcatel to sell relatively sophisticated broadband equipment to companies such as Yahoo BB. In the U.S. the acquisition of the 3Com assets opens up new business.

Cracking the U.S. and Japanese markets illustrates how Chinese companies are gradually moving up the value chain, taking advantage of low costs and decent technology know-how. UTStarcom was founded in 1995 as a result of a merger between two immigrant Chinese startup companies in the U.S. Wu says he landed in California with $27 in 1985. "We were nobody." The company today has about 300 researchers in the U.S., plus 1,300 in China. UTStarcom`s market cap today is around $2 billion, and Wu`s estimated net worth of $148 million ranked No. 47 on FORBES GLOBAL`s China Rich List last November.

"UTStarcom`s story is a typical story of Chinese being trained and educated in the U.S. and coming back to China," says Wu, an English-speaker who worked as a consultant and then a member of the technical staff at Bell Labs before starting his own company. Such exchanges are not only helping China--UTStarcom`s imports of tech components from the U.S. last year exceeded $100 million.

"For high tech, the cost of manufacturing is not the major factor--that`s only a small percentage. The key part is the R&D," says Wu. He adds that Chinese R&D costs are about 20% those in the U.S. "Right now the engineering quality isn`t hugely different. When we first came back to China ten years ago, definitely there was a huge difference. The major difference was a lack of training. But in the last ten years we have been training our engineers in China."

Another change: "The information gap is very small. Some new chips invented today in the U.S. have only a couple of hours of advantage because of the internet."

One risk to UTStarcom`s future business is the vagaries of China`s regulatory system--particularly the pace of mobile phone license approvals. Another is its limited marketing experience outside of China. "They still don`t know how to navigate as well elsewhere," and have been relying on prices to win orders so far, says Joe Zhang, the Hong Kong-based head of China research at UBS Warburg.

Investors` belief in better days ahead for UTStarcom is clear from a big rebound in its shares the past six months--22%, compared with a 6% decline in the Nasdaq index. UTStarcom says it will raise $350 million from a convertible bond sale and will use part of the funds to purchase some shares that cash-hungry major shareholder Softbank (Other OTC:SFTBF.PK - News) is selling.

[ROTEBLITZ]

Engage PR Selected by Global Technology Leader UTStarcom for Corporate Public Relations Program
Monday March 31, 5:27 pm ET


ALAMEDA, Calif.--(BUSINESS WIRE)--March 31, 2003--Engage PR today announced that UTStarcom Inc. (Nasdaq:UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, has selected the agency as the company`s chief public relations firm in the United States. With a strong emphasis on corporate messaging and well-established media relationships, Engage PR will help UTStarcom expand its market presence and promote its category-breaking products to worldwide market success.
UTStarcom is a communications equipment manufacturer for high-growth markets that has enjoyed 12 straight quarters of profitability since its IPO in March 2000. The company reported net sales revenue of $981.8 million in 2002, an increase of 57 percent from its 2001 totals. After securing more than $315 million in revenue in the first quarter of 2003, UTStarcom officials predict sales revenue will reach $1.4 billion for the upcoming year.

"UTStarcom`s reputation as a growing global equipment powerhouse with cutting-edge products and technology presents an incredible opportunity and challenge for Engage PR," said Molly M. Miller, principal and founder of Engage PR. "Promoting UTStarcom`s diverse product set requires in-depth understanding of a broad range of technologies and markets, one of Engage PR`s core strengths. UTStarcom`s skyrocketing growth calls for nimble responsiveness, a trait we`ve honed with a long track record of successful clients. We look forward to a long and fruitful relationship with UTStarcom."

"Engage PR is the very best public relations firm representing the telecommunications sector, bar none. Their depth of technical knowledge and their ability to translate a company`s core values and its solutions into a way that many audiences can understand surpasses any agency that I have ever worked with," said Tim Donovan, director of international marketing at UTStarcom. "I have elected to work with Molly Miller on other occasions in my career because of her extensive experience in this industry. Molly and the Engage team understand how to achieve real value and credibility through effective public relations. Their stellar results speak for themselves."

Engage PR is a high-technology PR agency that delivers the results of a big firm while providing the personalized attention only a boutique firm can offer. Client teams take a hands-on, proactive approach to public relations, and become intimately involved in the ongoing strategy and positioning of a company and its products. Engage PR focuses on category-making and category-breaking technologies, and provides all clients with specialized marketing expertise, industry relationships, tactical skills, and a proven track record in the telecom and networking industries.

About Engage PR

Engage PR is a full-service public relations and communications company based in Alameda, Calif. with a strong track record of promoting telecommunications and networking companies to market success. Engage PR`s tight focus enables it to create strategy-driven, results-oriented programs that capture the interest and respect of investors, customers, partners, and industry influencers.

For more information about Engage PR, please refer to the agency`s Web site at www.engagepr.com.



--------------------------------------------------------------------------------
Contact:
Engage PR
Andy Tennille, 510/748-8200 ext. 203
[e-mail]



--------------------------------------------------------------------------------
Source: Engage PR

[panik]

Lists
Table: The 25 Fastest-Growing Tech Companies
04.07.03, 12:00 PM ET


The 25 Fastest-Growing Tech Companies Ranked By Five-Year Growth

Rank Company Industry Price 52-Week
Change Latest
12-Month Sales
($mil) 2003
Estimated
P/E 5-Year
Sales Growth* 1-Year
Growth**
1 WebEx Communications computer software/hardware $10.88 -31% $140 22 186% 72%
2 j2 Global Communications computer software/hardware 30.00 245 48 12 126 45
3 Lexar Media electronic equipment 3.60 31 174 10 125 136
4 Silicon Laboratories computer software/hardware 26.80 -18 182 30 110 146
5 Packeteer computer software/hardware 9.99 40 55 29 103 18
6 Cephalon biotech/medical equipment 41.66 -37 507 29 102 93
7 eBay business services 89.55 57 1,214 67 99 62
8 Biolase Technology biotech/medical equipment 8.26 47 29 27 86 62
9 UTStarcom telecom equipment 20.00 -20 982 14 71 57
10 Possis Medical biotech/medical equipment 16.49 -14 50 40 71 37
11 Websense computer software/hardware 14.89 -41 61 22 68 70
12 Symyx Technologies research services 14.99 -29 65 51 66 8
13 Integra LifeSciences biotech/medical equipment 22.98 -16 118 26 62 26
14 Internet Security Systems computer software/hardware 10.56 -56 243 16 58 9
15 Cognizant Technology Solutions computer software/hardware 66.92 63 229 31 53 29
16 IDEC Pharmaceuticals biotech/medical equipment 35.31 -48 404 26 52 48
17 ArthroCare biotech/medical equipment 12.44 -29 89 39 45 13
18 Engineered Support System defense & aerospace 39.57 33 438 19 42 18
19 Mercury Interactive computer software/hardware 32.04 -13 400 36 41 11
20 Emulex computer software/hardware 19.96 -37 287 20 40 23
21 Edo defense & aerospace 18.33 -30 329 16 40 27
22 Forest Laboratories biotech/medical equipment 55.03 36 2,022 24 39 39
23 L-3 Communications defense & aerospace 41.87 -27 4,011 15 39 71
24 SanDisk electronic equipment 17.57 -11 541 22 38 48
25 ResMed biotech/medical equipment 31.74 -21 233 19 33 26

Prices as of March 28. *Annualized. **Latest 12 months. Sources: FT Interactive Data, Multex and Thomson First Call via FactSet Research Systems.

[ROTEBLITZ]

First companies, then stocks
Dreyfus manager likes Dell, UTStarcom, EbayBy Jon Friedman, CBS.MarketWatch.com
Last Update: 12:02 AM ET April 8, 2003







NEW YORK (CBS.MW) - Mark Herskovitz, manager of the New York-based Dreyfus Premier Technology Growth Fund, picks stocks that have solid underlying business prospects.

"We want to understand them first as operating companies and then as stocks," said Herskovitz.

Herskovitz`s fund (DTGRX: news, chart, profile), which got its start in 1997, is making the right bets. Year to date, the $700 million fund is up 4 percent, compared with the 1 percent gain posted by the benchmark Standard & Poor`s 500 Index of funds.

On a three-year basis, though, the fund is down 35.8 percent, just ahead of its peer group at a 38.4 percent, behind a 15.5 percent loss for the S&P.

He favors Dell Computer (DELL: news, chart, profile), which boasts a "sustainable cost advantage in distribution and we think it will benefit from an improving personal computer market." On Monday, Dell rose a penny to $29.88.

He also likes the prospects of UTStarcom (UTSI: news, chart, profile), a telecommunications company, because "its stock has upside potential." On Monday, the stock closed up 16 cents, or 1 percent, to $21.19.

He also has big hopes for Ebay, the online auctioneer (EBAY: news, chart, profile). "It`s virtually impossible for another to replace it," he said. "That`s how high the barrier is to entry in this industry." On Monday, Ebay closed up 43 cents, or 1 percent, to $89.15.

Jon Friedman is media editor for CBS.MarketWatch.com in New York.

[panik]

UTStarcom Signs First IP-Based PAS Contract Valued at $17.5 Million With Beijing China Netcom
Wednesday April 16, 4:06 pm ET
PAS Deployments Continue to Gain Acceptance in Major Metropolitan Cities Throughout Asia


ALAMEDA, Calif., April 16 /PRNewswire-FirstCall/ -- UTStarcom Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it has signed a contract with China Netcom valued at approximately $17.5 million for new deployments of its IP-based PAS (Personal Access System) (iPAS(TM)) platform in six suburban counties of Beijing.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
This marks UTStarcom`s first iPAS contract with Beijing China Netcom and shows the continued growth of PAS from its beginnings in small provincial cities to the Chinese capital with a population of more than 12.8 million people. Beijing China Netcom plans to officially launch PAS service in the suburban areas as well as some selected areas of Beijing city proper in mid- May this year.

"Through utilizing UTStarcom`s softswitch core network technology in the iPAS system, we are competitively positioned to deploy more iPAS systems as well as other access systems in Beijing," said Ying Wu, president and CEO of UTStarcom China. "Moreover, our value-added service platform will support more data savvy and sophisticated metropolitan users in wireless data experiences, which will include 64K wireless data, SMS, Web browsing, and other data services."

Introduced in China in 1998 as a supplement to fixed-line systems, UTStarcom`s PAS technology gained more than 9.3 million Chinese customers as of March 2003, and now owns more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies. With deployments in China, Taiwan, Vietnam, and soon to be in the United States, UTStarcom dominated the worldwide PAS market in 2002, being named the top manufacturer by Merrill Lynch in October 2002. In addition to its leadership in PAS, UTStarcom also earned the top spot in the worldwide softswitch market in the second and third quarters of last year from Infonetics Research, and rated second in the DSLAM sector from Synergy Research, both key technology areas in high-growth markets.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the expansion of PAS deployments in Beijing and the continued consumer demand for PAS services in Beijing are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances in Beijing, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom Inc.

[panik]

UTStarcom Q1 2003 Earnings Results: Best Quarter in Company`s History
Wednesday April 16, 4:07 pm ET
Company Reaches 13 Consecutive Quarters of Profitability With Record Revenues And Earnings, and Raises Guidance for 2003


ALAMEDA, Calif., April 16 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today reported record revenues and earnings for its first quarter ended March 31, 2003. UTStarcom will conduct a conference call today, Wednesday, April 16, at 1:30 p.m. PDT to discuss these results. (Please see Conference Call section below for dial-in numbers.)
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"Again, it is my privilege to report such positive news for UTStarcom. The record revenues and earnings for the first quarter of the year mark the best results in the company`s history," said Hong Lu, chief executive officer of UTStarcom, Inc. "Our focus on financial success, global expansion, technology leadership, and sustainability for long-term growth on a global basis will continue to demonstrate our commitment to deliver tremendous value for our customers and strong financial results for our investors."

Net sales for the first quarter of 2003 increased to $330.5 million, an increase of 80% over the $183.7 million in net sales reported in the prior year period.

Net income for the first quarter of 2003 increased 113% year-over-year to $37.3 million, or $0.33 per share, compared to net income of $17.5 million, or $0.15 per share, for the first quarter of 2002.

"The unparalleled demand across all of UTStarcom`s product lines continues to drive strong revenue growth for the company," added Mike Sophie, chief financial officer of UTStarcom, Inc. "Both operationally and financially, UTStarcom continues to execute on and exceed its stated goals, allowing us to once again, raise guidance going forward."

Raising Guidance:

UTStarcom is raising its guidance for 2003 and building the CommWorks acquisition into that guidance. CommWorks is expected to close in late Q2 and therefore should not contribute any revenue for the second quarter. As previously discussed, an In-Process Research and Development charge of approximately $8 million and Operating Expenses of approximately $4 million related to the acquisition will be recorded in Q2. CommWorks is expected to contribute approximately $25 million in revenue and be neutral to EPS in the third quarter and contribute revenue of $25-$30 million and be $0.01-$0.02 accretive to EPS in the fourth quarter. With that, the full-year revised Company guidance is as follows:

Revenue for the second quarter of 2003 is expected to be in the range of $380 to $390 million, with earnings per share expected to be approximately $0.29-$0.30 for the quarter on a GAAP basis, inclusive of ($0.09) charge for CommWorks. Revenue for the full-year 2003 is expected to be approximately $1.65 to $1.7 billion, as compared to the upward guidance of $1.4 billion given in March of this year. Earnings per share for 2003 is expected to be approximately $1.50-$1.51 on a GAAP basis, inclusive of ($0.09) charge for CommWorks anticipated in Q2, as compared to the upward guidance of $1.44 given in March.

Key Highlights for Q1 2003

Stellar Financial Performance
-- Best Q1 performance in company`s history: Revenues of $330.5 million,
EPS $0.33.
-- Announced more than $350 million in contracts in the first quarter,
adding substantial incremental visibility to the record $605 million
backlog entering 2003.
-- Raised first quarter and fiscal-year guidance in March following strong
sales and optimistic year-end outlook.
-- Logged 13th consecutive quarter of profitability since March 2000 IPO,
once again exceeding street estimates.

Global Leadership
-- In China, the number of subscribers on UTStarcom`s PAS networks
increased by 1.8 million to 9.3 million at the end of Q1.
-- Extended PAS contracts for the first time to Guizhou, one of China`s
Western provinces.
-- Announced first IP-DSLAM contracts with China Netcom and follow-on
contracts for IP-DSLAM with China Telecom, bringing the total number of
lines deployed to over 200,000.
-- Announced $100 million expansion of IP-based DSLAM deployment for
Yahoo! BB in Japan, where more than two million people had subscribed
for service as of March 2003.
-- Launched first iPAS wireless access service in Ho Chi Minh, Vietnam
with Vietnam Post and Telecommunications.

Strategic International Expansion
-- Entered into an agreement to acquire selected assets of CommWorks, the
carrier-focused division of 3Com Corporation, for $100 million.
-- Establishes a global platform for profitable growth that leverages
CommWorks` diverse, blue-chip customer base, which includes 17 of the
top 20 service providers in the world, primarily in the US and Europe.
-- Gains strong portfolio of CommWorks` wireline, wireless, and IP
switching products that perfectly complements and extends UTStarcom`s
existing product line.
-- Obtains access to CommWorks` world-class customer support and
professional services organization, providing steady and recurring
revenue and new sales opportunities.

Market Strength
-- #1 in Worldwide Softswitch Market for 2002 (Infonetics Research)
-- #1 in Worldwide PAS Market with nearly 10 million users worldwide,
continue to hold 60% share in China
-- #2 in Worldwide DSLAM Market for 2002 (Infonetics Research, Synergy
Research Group)


Conference Call

The company will conduct a conference call, which is open to the public, to discuss these results. The call will take place at 1:30 p.m. (PDT) on Wednesday, April 16. The conference call dial-in numbers are as follows: United States -- 888-428-4479; International -- 612-288-0329.

A replay of the call will be available from approximately 5:00 p.m. (PDT) on April 16 to 11:59 p.m. (PDT) on April 23. The conference call replay numbers are as follows: United States -- 800-475-6701; International -- 320-365-3844. The Access Code is 681569. Investors will also have the opportunity to listen to the conference call and the replay over the Internet through UTStarcom`s Web site at: http://www.utstar.com

To listen to the live call, please go to the Web site at least 15 minutes early to register, and to download and install any necessary audio software. For those who cannot listen to the live broadcast, a replay will also be available on this site.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

This release includes forward-looking statements, including the foregoing statements regarding continued strength of the Company`s business in China and in international markets as well as across product lines, the Company`s ability to replicate its success in China in international markets, the guidance given for anticipated revenue and earnings per share for the first quarter and full-year of 2003, and the impact of backlog. These statements are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These risk factors include rapidly changing technology, the changing nature of global telecommunications markets, particularly in China, the termination of significant contracts, the direction and results of future research and development efforts, evolving product and applications standards, reduction or delays in system deployments, product transitions, potential non-realization of backlog, changes in demand for and acceptance of the Company`s products, general adverse economic conditions, and trends and uncertainties such as changes in government regulation and licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, its Annual Report on Form 10-K, and its Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

UTStarcom, Inc.
Consolidated Statements of Operations
(In thousands, except per share amounts)
(Unaudited)

Three months ended
March 31 March 31
2003 2002

Net sales $330,520 $183,690

Cost of sales 217,835 118,048
Gross profit 112,685 65,642

Operating expenses:
Selling, general and administrative 37,583 23,686
Research and development 26,812 19,197
In process research and development 1,320 --
Amortization of intangible assets 695 477
Total operating expenses 66,410 43,360

Operating income 46,275 22,282

Interest and other income (expenses) 4,490 1,079
Equity in income (loss) of affiliated
companies (975) (793)
Income before income taxes and
minority interest 49,790 22,568
Income tax expense 12,447 4,514
Minority interest in (earnings) of
consolidated subsidiaries -- (528)

Net income $37,343 $17,526


Basic earnings per share $0.35 $0.16


Diluted earnings per share $0.33 $0.15

Weighted average shares used in
per-share calculation:
- Basic 107,358 110,044
- Diluted 111,953 116,758


Three months ended
March 31 March 31
2003 2002

1. The above unaudited financial statements
include the following non-cash expenses:
Cost of Sales 3 7
Selling, general and administrative 118 542
Research and development 594 797
Total stock compensation expense $715 $1,346

Amortization of intangible assets $695 $477

In-process research and development $1,320 $--

Impairment in investment portfolio $223 $440


UTStarcom, Inc.
Consolidated Balance Sheets
(In thousands)
(Unaudited)

March 31 December 31,
2003 2002
(unaudited)
ASSETS
Current assets:
Cash, cash equivalents and short-term
investment $604,141 $339,249
Accounts receivable, net 255,267 222,050
Inventories, net 794,468 424,666
Prepaid expenses 87,084 47,220
Other current assets 88,141 74,187
Total current assets 1,829,101 1,107,372
Property, plant and equipment, net 106,880 98,511
Long-term investments 25,651 35,360
Goodwill and intangible assets, net 55,379 49,820
Other long term assets 29,425 14,489
Total assets $2,046,436 $1,305,552

LIABILITIES AND STOCKHOLDERS` EQUITY

Current liabilities:
Accounts payable $476,885 $256,980
Income taxes payable 18,925 13,003
Deferred revenue 257,207 164,247
Other 118,243 104,927
Total current liabilities 871,260 539,157
Long-term debt 402,500 --
Total liabilities 1,273,760 539,157

Stockholders` equity:
Common stock 136 135
Additional paid-in capital 626,235 658,546
Deferred stock compensation (11,058) (11,766)
Retained earnings 157,863 120,520
Receivable from shareholders (282) (282)
Other comprehensive (loss) (218) (758)
Total stockholders` equity 772,676 766,395

Total liabilities and stockholders`
equity $2,046,436 $1,305,552


March 31 December 31,
2003 2002
(unaudited)
Inventories are made up of the following:

Inventories at factories 215,015 132,735
Inventories at customer locations 579,453 291,931

794,468 424,666




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

Reuters
UTStarcom notches first PAS sale in Beijing
Wednesday April 16, 11:05 pm ET


HONG KONG, April 17 (Reuters) - UTStarcom Inc (NasdaqNM:UTSI - News) said it has signed a deal to provide US$17.5 million worth of equipment to China`s No. 2 fixed-line telephone company, which will use the gear to build a low-end wireless service in suburban Beijing.
ADVERTISEMENT


The sale comes as China Netcom prepares to offer personal access system (PAS) service, more commonly known as "Little Smart," in Beijing -- one of the last major markets in China to offer such service.

UTStarcom said in a statement released in Hong Kong on Thursday that Netcom plans to launch its Beijing PAS service in mid-May.

With its latest sale, UTStarcom has sold more than US$1 billion worth of PAS equipment to Netcom and Netcom`s chief rival, the parent of China Telecom Corp Ltd (HKSE:0728.HK - News), over the last year.

Both Netcom and China Telecom lack wireless phone licenses, but have used PAS to offer mobile-like service. The technology uses fixed-line infrastructure as its backbone and is therefore technically classified as fixed-line.

China Telecom and Netcom rolled out the service, which has limited roaming capability, in suburban and more rural areas first. But more recently they have begun moving aggressively into major cities like Beijing.

The two companies have steadily built out their PAS systems over the last two years, and were believed to have a combined 12 million subscribers by the end of the end of last year -- well below the 207 million mobile users nationwide at that time.

Concerns about the aggressive build-out have led to a recent sell-off for shares of China`s two true mobile carriers, China Mobile (Hong Kong) Ltd (HKSE:0941.HK - News) and China Unicom Ltd (HKSE:0762.HK - News).

Unicom shares now trade near an all-time low, while China Mobile shares have recently sunk to lows not seen since 1999.

[panik]

Dow Jones Business News
China`s "Little Smart" Users Grow To 15 Million By End-March
Thursday April 17, 4:37 am ET


BEIJING -(Dow Jones)- Growth in the number of subscribers to the discount wireless phone service known as "Little Smart" accelerated in the first quarter of 2003, thanks to a looser regulatory environment, an industry executive said.
ADVERTISEMENT


The total number of users increased by about 2.5 million during the quarter to reach 15 million by the end of March, Hong Lu, chief executive of UTStarcom Inc. (NasdaqNM:UTSI - News; UTSI), said Wednesday in the U.S.

UTStarcom is one the main suppliers of equipment and handsets for the service, which is marketed under the name Xiaolingtong, or "Little Smart," by China Netcom Group and China Telecom Group, the parent of China Telecom Corp. .

The discount service, based on a technology known generically as personal handyphone system, or PHS, has become an increasingly popular alternative in China to full-priced traditional mobile phone services.

In a conference call with analysts, Lu also repeated the company`s previous forecast that subscriber numbers would hit 25 million by the end of 2003, double the 12.5 million figure at the end of last year.

"We think this (estimate) is on the conservative side," he said. "The company has never before seen such demand and growth."

Lu said that was due to a decision by the two operators to increase their investment in the service, as well as a change in the regulatory environment that allows the service to be offered not just in rural areas, its traditional stronghold, but also in major cities.

"In the past, we have very much been asked not to go into the bigger cities," Lu said. But since the end of last year, China`s telecom regulators have relaxed their stance and now "It is all up to the operator whether they want to go into a particular city."

Signifying that change, UTStarcom also announced Wednesday it had signed a contract to deliver equipment to the Beijing branch of China Netcom Group, which plans to launch the Little Smart service in Beijing`s suburbs and parts of the city proper in mid-May.

Lucent Technologies Inc. (NYSE:LU - News) of the U.S., and Shenzhen-based ZTE Corp. compete with UTStarcom in China`s market for PHS equipment, and also resell handsets for the service made by Japan`s Kyocera Corp. .

-By Andrew Batson, Dow Jones Newswires; 8610 6588-5848; [e-mail]

-Edited by John Viljoen

[panik]

Reuters
RESEARCH ALERT-Smith Barney raises UTStarcom rating
Thursday April 17, 11:59 am ET


NEW YORK, April 17 (Reuters) - Smith Barney said on Thursday it raised UTStarcom Inc. (NasdaqNM:UTSI - News) to "in-line" from "underperform" citing good near-term growth prospects, among other factors.
The stock closed at $19.99 on the Nasdaq on Wednesday.

[panik]

UTStarcom Signs IP-Based PAS Expansion Contract Valued at $30 Million With China Telecom Yunnan Province
Tuesday April 22, 4:07 pm ET
Carrier Migrates to IP-Based PAS to Address Increasing Demands of Consumers In the Rapidly Developing Southwestern Province


ALAMEDA, Calif., April 22 /PRNewswire-FirstCall/ -- UTStarcom Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it has signed an expansion contract with China Telecom valued at approximately $30 million to deploy its IP-based PAS (Personal Access System) (iPAS(TM)) systems in the southwestern province of Yunnan.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
This contract highlights the continued evolution of PAS from its beginnings in the affluent eastern provinces to the provinces in the west that are now undergoing significant development. The number of PAS subscribers in Yunnan has reached over half a million and PAS networks in this province are nearing 70 percent capacity on average.

"With a population of more than 40 million people and only 10 percent fixed-line penetration, Yunnan is optimally suited for PAS service," said Simon Le, vice president of sales of UTStarcom China. He added that, "PAS allows China Telecom to reach consumers much more quickly and cost effectively than by deploying traditional copper-line networks. In addition, the operators can get a much quicker return on their investment and, in upgrading to IP-based PAS, they can offer additional revenue-generating services, such as data as the consumer population evolves."

Introduced in China in 1998 as a supplement to fixed-line systems, UTStarcom`s PAS technology reached more than 9.3 million subscribers in China as of March 2003, and now holds more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies. With deployments in China, Taiwan, Vietnam, and soon to be in the United States, UTStarcom dominated the worldwide PAS market in 2002, and was named the top manufacturer by Merrill Lynch in October 2002. In addition to its leadership in PAS, UTStarcom also earned the top spot in the worldwide softswitch market in the second and third quarters of last year according to Infonetics Research, and was rated second in the DSLAM sector by Synergy Research, both key technology areas in high-growth markets.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the evolution, expansion or deployment of PAS in provinces including Yunnan, the ability for operators to obtain a quicker return on their investment and offer additional revenue-generating services and the ability to integrate PAS systems with future 3G and broadband technologies are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances, reductions or potential cancellation or non-recognition of backlog, and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

UTStarcom`s PAS Subscribers in China Top 10 Million
Monday April 28, 9:05 am ET
Surging Consumer Demand and Robust Subscriber Growth Driving Increased Infrastructure and Handset Sales


ALAMEDA, Calif., April 28 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced a company milestone as the number of subscribers using its city-wide Personal Access System (PAS(TM)) in China tops 10 million.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"We continue to be amazed by the enormous success of PAS in China. Both consumers and operators are benefiting from UTStarcom`s technology," said Hong Lu, president and CEO of UTStarcom, Inc. "In fact, over 30 percent of the approximately 11 million fixed-line subscriber additions in China in the first quarter were on PAS networks."

"Currently, the overwhelming demand for handsets is exceeding supply, which is a direct reflection of the intrinsic cost-savings and advanced data functionalities that PAS can offer consumers," Lu added. "Additionally, operators can get a much quicker return on their investment along with the opportunity to provide future revenue-generating services with IP-based PAS solutions."

Since its initial launch in January 1999, PAS has grown from 4,000 subscribers in just one city to being widely adopted throughout Mainland China. UTStarcom initially focused on economically developed and populous coastal provinces, and has since expanded its PAS presence to over 600 cities, including 21 provincial capitals in all 31 Provinces in China.

Introduced in China as a supplement to fixed-line systems, UTStarcom`s PAS technology holds more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies. With deployments in China, Taiwan, Vietnam, and soon to be in the United States, UTStarcom dominated the worldwide PAS market in 2002, and was named the top manufacturer by Merrill Lynch in October 2002. In addition to its leadership in PAS, UTStarcom also earned the top spot in the worldwide softswitch market in the second and third quarters of last year according to Infonetics Research, and was rated second in the DSLAM sector by Synergy Research, both key technology areas in high-growth markets.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the adoption of the PAS system throughout Mainland China, the Company`s continued overwhelming success, and the operators ability to provide future revenue-generating services with the IP-based PAS solutions are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include, rapidly changing technology, the downturn in telecommunications markets worldwide, the changing nature of China`s telecommunications market, the direction and success of future research and development efforts, particularly with the PAS system, evolving product and application standards, changes or delays in product deployments and introductions, the termination of significant contracts, partnerships or alliances in China and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

UTStarcom Announces First Contracts with Tata Teleservices Ltd. in India
Tuesday April 29, 9:05 am ET
Leading Independent Operator to Deploy 56,000 Lines of UTStarcom`s AN-2000 Multi-Service Access Platform


ALAMEDA, Calif., April 29 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless, wireline, and broadband access equipment, today announced that it has signed its first contracts to deploy 56,000 lines of its AN-2000 platform with Tata Teleservices Ltd. (TTSL), the largest private basic service operator in India.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
TTSL will be deploying the AN-2000 platform across its service area comprising six telecom circles. With the signing of this contract, UTStarcom has signed on six of the eight basic service operators in the country as customers.

"We selected UTStarcom`s AN-2000 multi-service access platform based on its very successful performance in the Tata Teleservices (Maharashtra) Ltd. (formerly Hughes Tele.com (India) Ltd.) network in Maharashtra," said Ajay Madan, Chief Technology Officer of TTSL. "The platform offers tremendous advantages because of its modularity, scalability, cost effectiveness, and broad service offerings."

UTStarcom stated that by the end of 2002, over 600,000 lines of its AN- 2000 multi-service access platform had been deployed across India with clients including Bharat Sanchar Nigam Ltd. and Mahanagar Telephone Nigam Ltd. (MTNL), the dominant and incumbent PTT operators in the country.

TTSL, part of the Tata group, a leading private sector conglomerate in India, commenced operations in Andhra Pradesh, a leading state in south India, in March 1999. The company also recently launched commercial services in another four key telecom circles in the country.

In December 2002, TTSL completed acquisition of controlling interests in Hughes Tele.com (India) Ltd. (HTIL), a private basic service operator in the leading Indian state of Maharashtra and an existing client of UTStarcom. Prior to its acquisition, HTL had deployed around 65,000 lines of UTStarcom`s AN- 2000 platform in the state.

PAS Progress

UTStarcom has also witnessed strong interest for its Personal Access System (PAS(TM)) in India. The platform is ideally suited for a market like India, which has a very low teledensity, because of its modularity, scalability, and cost effectiveness.

MTNL, the incumbent PTT operator in New Delhi, has deployed and commercialized a 5,000 line PAS trial system in three areas in south Delhi. In addition, trials of the PAS system are being conducted with two large private basic service operators.

The company aims to become a complete solution provider in India through its major product lines, which cater to the complete switching, wireline, and wireless access requirements of basic telecommunications operators. In line with its commitment to the India market, UTStarcom has rapidly invested in expanding the breadth and depth of its operations in the country, including establishing a global R&D center in the country in March 2002.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

About Tata Teleservices Ltd.

Tata Teleservices Limited (TTSL) (www.tatateleservices.com) is a basic telecom service provider promoted by Tata Industries Limited. Presently operating out of Andhra Pradesh and having commercially launched its services in Tamil Nadu, Karnataka, Gujarat and Delhi. The acquisition of the 6th basic circle i.e. Maharashtra (including Goa) from Hughes Tele.com India Ltd. (HTIL) (www.hughestele.net) is a significant achievement for the Company, giving it access to a running operation with about 197,000 lines. TTSL`s product portfolio spans voice and data products & services.

In Andhra Pradesh (AP) where, TTSL is presently operational, the Company has a network that includes an Optic Fiber Cable (OFC) backbone stretching over 1200 kms. In AP alone, TTSL has made investments of USD 320 million and has a customer base of over 230,000 customers. TTSL has also connected 1300+ villages with VPTs (Village Public Telephones), which is the highest among all private basic telecom operators. TTSL plans to invest over USD 1500 million across all the new circles with a network supported on OFC backbone, and other advanced support IT facilities.

Forward Looking Statements

The foregoing statements regarding, without limitation, TTSL`s plans to deploy the Company`s products across its service areas, the Company`s aim to become a complete solution provider in India through its major product lines, the expansion of the Company`s investment and operations in India and TTSL`s plans to invest across new circles with a network supported on its OFC backbone and other advanced support IT facilities, are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of its products, general demand for and acceptance of the Company`s products and technology, competitive pricing pressure leading to declines in gross margins, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission. Regards




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

UTStarcom Signs $20 Million IP-Based PAS Expansion Contract with Jiangsu China Telecom
Wednesday May 7, 4:05 pm ET
Contract Expands Initial Deployment Launched in January 2003 In City of Suzhou


ALAMEDA, Calif., May 7 /PRNewswire-FirstCall/ -- UTStarcom Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it has signed a contract with China Telecom Jiangsu Province valued at approximately $20 million to expand its IP-based PAS (Personal Access System) (iPAS(TM)) platform in the city of Suzhou.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
This expansion contract comes just four months after the initial launch of iPAS service in January 2003 in Suzhou, where subscriber numbers have already topped 200,000 customers.

"This vigorous expansion of iPAS coverage and capacity in Suzhou is indicative of the accelerating popularity of PAS service throughout China and UTStarcom`s dominant position in the market," said Simon Le, vice president of sales for UTStarcom China. "In some cases, consumers are literally lining up around the block in order to sign up for service. We have never before seen such strong demand."

Introduced in China in 1998 as a supplement to fixed-line systems, UTStarcom`s PAS technology gained more than 10 million Chinese customers as of April 2003, and commands more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies. With deployments in China, Taiwan, Vietnam, and soon to be in the United States, UTStarcom dominated the worldwide PAS market in 2002, being named the top manufacturer by Merrill Lynch in October 2002. In addition to its leadership in PAS, UTStarcom also earned the top spot in the worldwide softswitch market in the second and third quarters of last year from Infonetics Research, and rated second in the DSLAM sector from Synergy Research, both key technology areas in high-growth markets.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the expansion of PAS deployments in Suzhou and the continued consumer demand for PAS services in Suzhou are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances in Jiangsu, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[dergeneral]

Die Stimmung für UTSTARCOM steigt und steigt!
Wie der Kurs von UTSTARCOM auch ;-))


9:36AM UTStarcom reiterated Buy at Merrill Lynch (UTSI) 26.33 +0.33: Merrill Lynch channel checks lead firm to believe that co`s PAS handset sales remain strong, with a healthy backlog of demand from China Telecom and China Netcom. Expects mgmt to present an upbeat assessment of co`s prospects at May 21 Analyst Day.

[dergeneral]

UTSTARCOM bei hohen Umsätze auf 52 Wochen hoch!!!

[panik]

Reuters
UPDATE - INTERVIEW-UTStarcom remains bullish on 2003 growth
Tuesday May 20, 11:31 am ET
By Eric Auchard


(Adds share price, interview details, byline)
NEW YORK, May 20 (Reuters) - UTStarcom Inc. (NasdaqNM:UTSI - News), a network equipment maker, remains bullish on growth for the rest of 2003 as business outside of China rises to as much as one-quarter of revenue, officials said on Tuesday.

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Chief Executive Hong Lu and Chief Financial Officer Michael Sophie in an interview said Chinese operators continue to snap up its network equipment and it is still unable to fully meet consumer demand for its mobile handsets.

"We are seeing no risk on the numbers here," Sophie told Reuters in an interview one day ahead of its annual briefing for Wall Street analysts at Nasdaq here. "The message is going to be very positive."

"We have already raised our guidance twice this year. Now we are up to around $1.7 billion," Sophie said of the Alameda, California-based company`s latest forecast for 2003, which was first disclosed in April.

Analysts surveyed by Reuters Research, formerly known as Multex, predict on average that UTStarcom will produce $1.68 billion in revenue. Twelve analyst estimates range from $1.61 billion to $1.71 billion for the company`s full-year revenue.

Bookings remain strong, Lu said.

"We are not at the rate of two times, but we are definitely above one times," he said. Lu was referring to how the company`s rate of bookings remained somewhere between double and triple the rate of revenue it will book during the second quarter.

First-quarter bookings tripled, meaning the company more or less has booked orders to meet its guidance for the rest of the year.

"We are certainly not going to run that high every quarter," Lu said of the unprecedented acceleration in the company`s rate of bookings during the first quarter.

But with order backlogs spiraling, so too did levels of inventory shipped to main customer China Telecom. Inventories rose to $795 million from $425 million in the first quarter.

Sophie downplayed any risk from a build-up of unsold inventory. "It`s not that we`re hoping to sell this. It`s sold," he said. Nearly three-quarters of the network gear it has booked has been delivered to provincial network operators around China. Revenue will be booked once it`s fully installed.

Lu said UTStarcom`s strategy centered around its flexible, software-based switching system it sells to telecom operators to deliver everything from short-range wireless phone calls to video calls to high-speed Internet access.

In the southern coastal province of Guangdong, where the SARS virus is believed to have originated, Lu boasted that some 300,000 subscribers have signed up in the past month for new services in five cities across the province.

Beijing, however, has suffered delays both in the speed with which local operators expand wireless coverage citywide and at the consumer level, where retail sales have fallen off.

Lu said that, thanks to a shortage of UTStarcom handsets in China, slack demand in Beijing has been offset by gains in other cities and provinces. "Overall, we are still in a shortage," he said of the trouble its Japanese parts suppliers have had in keeping up with booming demand for its phones.

Shares of UTStarcom, which rose nearly 2 percent in early trading, were down 1 percent, or 27 cents, to $25.91 in Tuesday morning trading on the Nasdaq, but still within striking distance of year-high levels just above $27.

[panik]

Infonetics Research Report: Surge in DSLAMs and DSL CPE in 1Q03; UTStarcom Becomes Clear #2 DSLAM Leader; CMTS and Cable Modems Drop; Siemens And Motorola Maintain Lead in ADSL and Cable Modems
Wednesday May 21, 4:00 am ET


LONDON, May 21 /PRNewswire/ -- Worldwide DSLAM equipment revenue jumped 21% to $613 million between 4Q02 and 1Q03, and DSL CPE revenue hit $540 million, up 20% from 4Q02, according to Infonetics Research`s Broadband Hardware: DSL and Broadband Hardware: Cable quarterly worldwide market share and forecast reports. On the downside, worldwide cable CPE revenue totaled $250 million in 1Q03, down 12% from 4Q02; ADSL modem unit shipments fell 7% and revenue fell 15%; and CMTS gear dropped 35% to return to 3Q02 levels.
"We may be seeing the resurgence of the DSLAM market, with a booming 21% increase in 1Q03 over 4Q02, even in the face of continued capex reductions by service providers," said Michael Howard, co-founder and principal analyst of Infonetics Research. "Though spending in optical and other areas declined, carriers are buying DSLAM equipment, with the strongest showings in Asia and Europe this quarter. On the other hand, MSOs spent less this quarter on CMTS gear, with a disappointing 35% drop in worldwide revenue from 4Q02 to 1Q03, matching the lowest quarterly revenue of 2002 (after a huge 4Q02)."

"Both cable and DSL modem units and revenue dropped in 1Q03," said Richard Webb, Infonetics Research`s London-based analyst, who co-authored the report. "It was not likely that sales would match the strong pre-holiday run in 4Q02, but sales will pick up through 2003 as broadband availability increases and modem pricing continues to commoditize."

1Q03 Market Highlights

-- Alcatel remains the leader in worldwide DSLAM revenue and ports; this
quarter UTStarcom gained significant market share and is now the clear
#2 leader
-- Cisco is #1, Arris #2, and ADC #3 in worldwide CMTS revenue market
share
-- Thomson Multimedia closed in on Siemens, the market share leader in
ADSL modems
-- Motorola strengthened their cable modem unit market share lead to 37%


The Broadband Hardware reports track DSL CPE, DSLAMs, NGDLCs, broadband loop carriers, cable CPE, and CMTS. Forecasts and regional market share are updated quarterly and cover all regions (worldwide, North America, EMEA, Asia Pacific, CALA).

Companies tracked in this service include ADC, ADTRAN, AFC, Alcatel, ARRIS Interactive, Cisco, Lucent, Motorola, Netopia, Next Level Communications, Nokia, Polycom, Samsung, Scientific Atlanta, Siemens, Sumitomo, Terayon, Thomson Multimedia, Toshiba, US Robotics, UTStarcom, and many others.

For the table of contents, please contact Larry Howard, vice president, at [e-mail] or 408-298-7999, ext. 225.

Infonetics Research (www.infonetics.com) is an international market research and consulting firm covering the data networking and telecommunications industries in North America, Europe, and Asia. Infonetics helps companies develop, market, and sell smarter by providing objective analysis of end-users, service providers, and product manufacturers through in-depth research studies, quarterly market share and forecast services, and consulting and custom research services.




--------------------------------------------------------------------------------
Source: Infonetics Research, Inc.

[panik]

UTStarcom Signs Contract Expansion Valued at $20 Million With China Telecom Guangdong Province
Wednesday May 21, 9:05 am ET
Contract Encompasses Additional Handsets for Continued Subscriber Growth And Infrastructure Expansion for IP-Based PAS System


ALAMEDA, Calif., May 21 /PRNewswire-FirstCall/ -- UTStarcom Inc. (Nasdaq: UTSI - News), a leading provider of wireless, wireline, and broadband access equipment, today announced that it has signed a contract expansion valued at approximately $20 million with China Telecom Guangdong province for additional handsets for new subscribers, as well as expansion of its IP-based PAS (Personal Access System) (iPAS) system.
(Logo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
The contract supports system expansion of Zhong Shan, Fo Shan, Shun De and Dong Guan, which are four neighboring cities of Guangzhou, the provincial capital of Guangdong. In addition, a portion of this contract will go directly to the production of handsets to meet increased subscriber demand in those four cities, as well as in Guangzhou city proper. The five cities launched PAS service respectively in April 2003, resulting in nearly 300,000 subscribers in less than two months of service. The cities are among the most affluent and are experiencing some of the most rapid economic growth in Guangdong. China Telecom is expanding the previous contracts to increase system capacity and network coverage to satisfy consumer demand.

"Guangdong province and the surrounding cities make up one of the largest telecom markets in China for all major operators and equipment vendors in China," said Ying Wu, CEO of UTStarcom China. "This expansion contract further demonstrates the strong market acceptance of PAS in China and the need for accelerated handset production and system expansion to keep up with demand."

Additionally, China Telecom Guangdong province will soon offer value-added services with PAS, such as short messaging service (SMS), in all cities that have PAS services.

Introduced in China in 1998 as a supplement to fixed-line systems, UTStarcom`s PAS technology gained more than 10 million Chinese customers as of April 2003 and commands more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies.

With deployments in China, Taiwan, Vietnam, and soon in the United States, UTStarcom dominated the worldwide PAS market in 2002. Merrill Lynch named the company the top PAS manufacturer in October 2002. UTStarcom also earned the top spot in the Infonetics Research reports on the worldwide softswitch market in the second and third quarters of last year, and Synergy Research rated UTStarcom second in the DSLAM sector. Both softswitches and DSLAMs are key technology areas in high-growth markets.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the Company`s continued focus on technology innovation for our PAS solutions, the continued strength of the company`s market share and competitive positioning, the affluence and economic growth and strength of the Guangdong Province, and the opportunities for our other technology platforms are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances in the Guangdong Province, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom Inc.

[panik]

UTStarcom Signs $57.9 Million Contract With Beijing China Netcom to Deploy IP-Based PAS System in City of Beijing
Wednesday May 21, 9:05 am ET
PAS Gaining Widespread Acceptance and Growth Potential in China`s Metropolitan Areas


ALAMEDA, Calif., May 21 /PRNewswire-FirstCall/ -- UTStarcom Inc. (Nasdaq: UTSI - News), a leading provider of wireless, wireline, and broadband access equipment, today announced that it has signed a contract with Beijing China Netcom valued at $57.9 million for UTStarcom`s IP-based PAS (Personal Access System) (iPAS) platform. Beijing China Netcom will deploy iPAS in the central city area of Beijing.
(Logo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"Operators in China continue to show strong acceptance of our PAS and iPAS products," said Ying Wu, president and CEO of UTStarcom China. "We initially introduced PAS technology as a telecommunication option for smaller suburban cities. However, the solution has proven ideal even for China`s largest metropolitan areas, including Beijing, which has a population of 12.8 million. We expect to see more opportunities for both PAS and iPAS deployments in cities throughout China, as both customers and operators benefit from UTStarcom`s technology."

Based on the terms of the contract, UTStarcom`s softswitch-based iPAS system will offer comprehensive voice and data services to customers in a 400-square-kilometer area in the central city area of Beijing. Beijing China Netcom initially launched the service on May 17, 2003, targeting large corporate users such as government institutions, hospitals, and universities. Once deployment is complete, PAS will be available to everyday consumers to enjoy wireless communication in all of Beijing city proper, as well as in the 10 surrounding county-level cities. Beijing China Netcom also launched a short message service (SMS) and plans to gradually offer the complete value-added services of wireless Internet access, wireless email, and online content browsing.

"We`re very happy with the performance of UTStarcom`s iPAS systems, which are already in use in some hospitals and government buildings," said Zhao Jidong, general manager of Beijing China Netcom, at the Beijing PAS service launch on May 17. "We`re encouraged by the positive feedback from PAS customers and believe both individuals and corporations will widely accept the technology, given the large potential market and broad range of PAS services."

Due to its relatively low radiation level and quick deployment time, UTStarcom`s PAS technology has been used successfully for communications purposes at three of Beijing`s hospitals during the recent SARS epidemic. UTStarcom and Beijing China Netcom co-donated US $1.2 million worth of PAS infrastructure, phones, and handsets to provide voice services for SARS patients and the hospitals` medical staff.

Introduced in China in 1998 as a supplement to fixed-line systems, UTStarcom`s PAS technology gained more than 10 million Chinese customers as of April 2003 and commands more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies.

With deployments in China, Taiwan, Vietnam, and soon in the United States, UTStarcom dominated the worldwide PAS market in 2002. Merrill Lynch named the company the top PAS manufacturer in October 2002. UTStarcom also earned the top spot in the Infonetics Research reports on the worldwide softswitch market in the second and third quarters of last year, and Synergy Research rated UTStarcom second in the DSLAM sector. Both softswitches and DSLAMs are key technology areas in high-growth markets.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the Operator`s opportunities to increase subscribers, revenues and profits, and increasing consumer demand for advanced are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets in China and worldwide, the termination of new contracts, partnerships or alliances with China Netcom, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom Inc.

[ROTEBLITZ]

Hopscotching Across Asia In Search Of Cash
Friday May 23, 10:27 am ET
By Amy Reeves


In the U.S., the telecom industry is still getting over a late-1990s supply glut. But in much of the world, the great telecom networks are still being built.
For a dozen years, UTStarcom Inc. (NasdaqNM:UTSI - News) has worked in the biggest developing market: China. Though based in California, the telecom gear maker gets more than 80% of its revenue from China. Its market share there runs around 60%.

ADVERTISEMENT


Having conquered the biggest Asian market, UTStarcom is moving on to the second biggest: India.

"If you take a look at India, it has demographics very similar to China`s eight years ago," said Mike Sophie, the firm`s chief financial officer. "It has a billion people, but only 35 million fixed phone lines. In an environment such as this, we realized we could grow in a very big way."

`India, India, India`

UTStarcom entered India in October 2000, when it signed a deal to provide broadband gear to an area in the country`s northwest.

Since then it`s cut more and bigger deals.

Last month Tata Teleservices Ltd., India`s largest private basic-service operator, contracted a deployment of 56,000 lines using the same technology.

UTStarcom also has made moves into Vietnam, Japan, Panama and Eastern Europe. But analysts agree on where the action is.

"It`s India, India, India," said analyst Kevin Dede of Merriman Curham & Ford Co. "There are some interesting things going on there from a regulatory perspective."

The once-closed Indian market has opened to more competition in telecom. UTStarcom sells its gear to both Bahrat Sanchar Nigam Ltd. - one of the nation`s old-line phone companies - as well as newer players such as Tata.

Though the Indian and Chinese markets are similar, UTStarcom doesn`t yet have the relationships in India it has in China.

Hong Liang Lu, the firm`s chief executive and co-founder, is a Chinese-American. After visiting China more than a decade ago - and finding how frustrating it was to make a simple phone call - he smelled a business opportunity.

Lu founded Unitech in 1991, selling gear exclusively to China. In 1995 it merged with Starcom, another telecom provider run by Chinese-Americans.

UTStarcom is so well regarded in China that it was recently allowed into a meeting that was supposed to be open only to Chinese companies, says analyst Joe Noel of Pacific Growth Equities.

"They`re so close to the telecom carriers there, they really know what`s going on," said Noel, who has no professional relationship with UTStarcom. "(The firm) pulls a lot of weight."

Eyeing New Markets

UTStarcom is interested in more than just Asian countries, however. It`s also scoping out business in Africa. Noel says the firm is specifically targeting Nigeria, though Sophie says it could be one of several nations.

"It`s a market with a lot of people, with a very low teledensity," Sophie said. "If they`ve got the money to buy the equipment, it`s a market we`ll go after."

His firm isn`t ignoring the rich countries, either. Its connections with Japanese software giant Softbank - Lu was once a business partner with that firm`s founder - helped UTStarcom nab a deal to supply gear for Yahoo Inc.`s DSL service there.

The Yahoo deal takes a new approach to broadband. It skips over the asynchronous transfer mode systems that most broadband networks use and instead works through an Internet Protocol network.

For the nontechies out there, that means it saves energy and money.

UTStarcom sells this new approach not only in Japan, but also in Taiwan, India and Latin America.

Meanwhile, the firm is trying out rural telecom networks here in the U.S.

In March it agreed to buy $100 million worth of assets from 3Com`s CommWorks division. That brings in a number of contacts with U.S. telecoms such as Sprint Corp., Verizon Communications Inc. and SBC Communications Inc.

"(The buyout) will give us a sales and support organization here in the United States, so we`re quite optimistic about our growth in North America," Sophie said.

For now, the foreign focus keeps UTStarcom`s profit growing at slump-defying levels. Its first-quarter earnings more than doubled from the prior year to 33 cents a share. Sales were up 80% to $330.5 million.

Analysts polled by First Call expect full-year earnings to rise 62% to $1.52 a share, then hit $1.79 in 2004.

Questions have been raised about potential accounting problems of companies with heavy operations in China. The country has a reputation for business corruption.

Still, Dede downplays those fears.

"I don`t think there`s much end-market risk for them," he said.

[panik]

UTStarcom Completes Acquisition of Selected CommWorks` Assets From 3Com
Tuesday May 27, 9:05 am ET
UTStarcom Extends Market-Leading Product Lines, Acquires Intellectual Property, Gains Entree to Worldwide Markets and Blue-Chip Customers


ALAMEDA, Calif., May 27 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it has completed the acquisition of selected assets of 3Com`s CommWorks division. UTStarcom now owns assets including CommWorks` portfolio of carrier-focused voice and data products, customer support, and professional services. In addition, UTStarcom acquired or licensed all of the 3Com intellectual property used by CommWorks. The transaction is valued at $100 million.
(Logo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"The purchase of CommWorks supports several of UTStarcom`s strategic goals," said Hong Lu, president and chief executive officer of UTStarcom. "CommWorks` products complement our offerings and extend our leadership positions in the global wireless, softswitch, and broadband access markets. UTStarcom`s major markets are in China and Japan, and the company is now focusing on key customers in India and South America. CommWorks` strong global sales organization and long-term relationships with the world`s top service providers will help accelerate our entry into other markets worldwide and give us additional sources of revenue."

As part of the purchase agreement, UTStarcom has acquired or licensed all of the 3Com intellectual property used by CommWorks, including numerous IP telephony and wireless communications patents. UTStarcom can use this intellectual property across all of its present and future product lines and markets.

UTStarcom Expands Product Lines, Global Presence

CommWorks` carrier-class, IP-based, multi-service networking products augment UTStarcom`s existing product lines. CommWorks is the worldwide market leader in Code Division Multiple Access (CDMA) 2000 Packet Data Serving Nodes (PDSN) and has deployed softswitches, media gateways, remote access servers (RAS), and applications around the world. UTStarcom is the world leader in the softswitch market; makes the leading wireless access solution, the Personal Access System (PAS); and is the world`s second-largest supplier of Digital Subscriber Line Access Multiplexors (DSLAMs).

As part of the integration process, UTStarcom has been in contact with the large installed base of CommWorks customers. Among CommWorks` blue-chip carrier customers are 17 of the world`s top 20 service providers, including AT&T, Sprint, and Verizon. The network of CommWorks support and service offices gives UTStarcom a global presence. The company now has offices throughout the U.S. as well as in Canada, Mexico, South America, the United Kingdom, Ireland, Germany, China, Taiwan, Japan, Korea, Vietnam, India, and the Philippines.

UTStarcom has extended comparable offers of employment to approximately 325 CommWorks employees, and all have accepted. In addition, UTStarcom is leasing 3Com`s Rolling Meadows facility in Illinois.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding, without limitation, the potential for revenue and product sales in future quarters, the potential impact of the transaction on future earnings and financial results, opportunities to add to the Company`s customer base, increased customer access and accelerated geographic diversity, opportunities to cross-sell existing products to CommWorks` installed customer base, revenue diversification, sources of revenue in future quarters and the stability of such revenue, the provision of a global platform for growth and profitability, a potentially enhanced sales footprint, the anticipated closing date of the transaction, and expansion of future addressable markets are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays, general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom Inc.

[ROTEBLITZ]

[panik]

http://www.opticalkeyhole.com/keyhole/html/utst.asp?bhcd2=10…
UTStarcom - Taking China Mountain by Strategy
2nd June 2003


When, in April 2003, Alameda, California-based UTStarcom, a supplier of wireless and wireline access and IP switching solutions, reported record revenues and earnings for its first quarter of $330.5 million, such was the response that the company could have been forgiven for thinking that – rather than presenting its 13th consecutive quarter of profitability – it had instead handed the markets a rank and slightly soiled handkerchief.

Quarterly revenues, in fact, were up by 79.9% on the same period in 2002 and represented a sequential rise of 9.8% over the previous quarter. In addition, and most crucially, UTStarcom’s results were 4.6% up on market expectations of $301.1 million, the 14th consecutive quarter that such expectations had been exceeded.

What then, the company must have wondered, did it have to do in order to gain some respect? UTStarcom’s shares, following the announcement, dipped slightly and in fact were well below 2002 levels, despite the company’s undeniably excellent performance during the previous year.

Facing the sceptics

According to an exasperated Tim Donovan, UTStarcom’s director of international marketing, UTStarcom does indeed have many sceptics to deal with – in common, the company believes, with many public companies. And yet, asks Donovan, “Are we actually failing the market with consistent quarter over quarter growth, being cash flow positive, profitable and diversifying our revenue stream. I think not.” And clearly this scepticism rankles with the company. “When I see headlines like ‘UTStarcom Disappoints Markets’ - instead of reacting, I would prefer to educate,” says the spokesperson. “UTStarcom is growing fast and strong,” says Donovan, “This is a very smart company with good management and a great market opportunity.”

UTStarcom, which states, “We have optical products but we are not an optical company”, says that it focuses on ‘real world communications’, by which it refers to the process of making communications accessible to the masses.

The company has a market capitalization of around $2.64 billion and annual revenues of approximately $1.2 billion, a level that, says the company, “We expect to surpass this year.” UTStarcom also claims that it had $605 million in backlogged orders at the end of 2002, a 67% increase on 2001 levels. In addition, stresses Donovan, “We are one of only three profitable companies in our sector, the others being Cisco and Nokia.”

So where then is the respect? “We have a lot of proving to do, certainly,” says Donovan, “There’s a lot of economic distrust out there at the moment.” And yet, the company claims, “Our performance isn’t at issue – it’s the stigma of being a telecoms company in the post dot.com era.” Added to this, the company believes, “People are hesitant about China, particularly now given SARs.”

Part of the reason for this, says Donovan, is China’s reluctance to talk about what is happening internally, a negative quality that Donovan admits could also be applied, to an obviously lesser degree, to UTStarcom itself: “We’re an engineering organization and perhaps we haven’t communicated our message to the masses – that has to change” Donovan says. But, adds, “We build more credibility each time we announce earnings. I feel good about our direction but we know we have a lot of work ahead of us.”

China focus

While UTStarcom has made moves into other regions – including Japan, India, and Vietnam – the company remains heavily dependent on the Chinese market. In addition, there is a clear perception that the company offers only a narrow range of equipment in the form of an interim low-cost solution that, while ideal for China and other similar markets, is considered to have little application in many other - dare one say it? – more advanced countries.

Indicating its particular interest in the country, UTStarcom has 2,500 employees in China and a 1m sq ft manufacturing centre as well as R&D resources. No doubt accounting for this level of investment in the country is the fact that, during 2002, mainland China accounted for more than 80% of UTStarcom`s $981.8 million revenues.

And yet, says Iain Stevenson, Research Director at telecoms consultancy Ovum, the company’s structure and focus are more likely to be at the root of its troubles with perception. “Part of the problem is that people don’t understand them or their business model,” says Richardson. “It’s unusual for a company to have such a combined China/U.S. focus and again that confuses many people.”

Also, adds Richardson, “We’re used to seeing U.S. and European telecoms vendors talking endlessly about their plans for succeeding in the China market, about ‘going east’, and here we have UTStarcom talking about its plans to go west, to enter new markets outside of China, Vietnam and India.”

While success in China is something of a holy grail for telecoms vendors, such singular success in the Chinese market is possibly a double-edged sword; the company’s numerous contracts in the country are effectively counting for far less than equivalent contracts in more developed markets. According to Richardson, “In the minds of many people the Asian market is a bit of backwater. People don’t see it as anywhere near as important as the U.S. or Europe and really, a huge contract in China carries less weight than a much smaller contract in the U.S., for example.”

Nonetheless, in a world where the number of US corporations to have made a success of their China operations can be counted on one hand (and that a hand previously involved in a nasty industrial accident), what then accounts for UTStarcom’s somewhat more than successful dealings in the country?

One reason perhaps is that the company seemingly both acts and speaks Chinese. With its many Asian-born executives, UTStarcom is, it seems, effectively able to function as a domestic company. UTStarcom’s CEO, Hong Lu, like the three other founders, is an ethnic Chinese educated in the United States and from this and other elements of the company’s make up stem perceptions within China itself that UTStarcom is committed to the Chinese market and that the company is eager to forge long-term partnerships.

Personal Access System

Essentially, the UTStarcom story, in its abbreviated form at least, is as follows: Returning to China, Hong Lu – a China-born engineer, who studied at Berkeley with the future chairman of Softbank, a future key partner - recognised the seemingly self-evident fact that China is a nation with a huge population and a very low teledensity; most people in the rural areas have no telephones. As a result, Hong saw an opportunity to deliver a low-cost communications solution, and understanding that putting in terrestrial infrastructure would be a problem - developed a PHS based system referred to by the company as Personal Access System (PAS).

This microcell-based technology extends mobility at the local loop and has the twin benefits of being both unreliant on cellular networks and regionally-based. In essence, the company believes PAS, which has in excess of eight million users in more than 300 cities, is successful quite simply because “people who don’t travel don’t need a full cellular system”. And while the technology is over 10 years old, it is far from being obsolete; UTStarcom recently won a new contract in Beijing, reflecting the company’s belief that “The Chinese government selected this technology to be ubiquitous throughout the country.”

According to UTStarcom, consumers pay approximately one third the price of a regular cell phone equivalent for the PAS service and calls are made on the basis of a fixed price. In addition, PAS-based phones enable consumers to - amongst other things - access the Internet and send text messages, all of which adds up to what the company refers to, somewhat hopefully (though perhaps not, given the current poor state of third-generation mobile), as a “3G-like experience.”

Factor in also the company’s claim that the cost of installing a PAS network is approximately half that of building a GSM system and the technology looks even more compelling, particularly given local conditions. In all, UTStarcom estimates that it makes 64-74% of its total revenues from PAS and the associated handsets. Additionally, the company is due to launch dual-mode GSM/PAS phones at the end of the year which, believes UTStarcom, will be successful in markets such as China and Vietnam.

While UTStarcom expects that its non-PAS products will grow in market share terms, it is also of the opinion that, with PAS, it is helped by the fact that it has “zero competition”. And, says the company, “Because our operations are in China we can beat price/performance ratios from anyone.”

Mature markets

So if the markets perceive UTStarcom as a China-focused company, with all the risks and rewards this entails, what is the company doing to broaden its focus? For despite a spate of recent announcements tending to suggest the contrary, in broad terms UTStarcom remains fixated on what it describes as ‘high-growth’ markets, by which it predominantly means developing markets with low teledensity.

However, while, in March 2003, UTStarcom won an unannounced sales deal - said to be valued at more than $100 million - with Reliance Infocomm Ltd of India, the company`s single-largest deal, it is increasingly looking at new and more mature markets. And Tim Donovan, who was hired to open operations in territories including Europe, Latin America and Asia Pacific, states, “We’re working with a company called Stellar and looking at giving subscribers another option with a service likely to be called ‘Urban Phone’ or ‘City Phone’.”

In Taiwan, also, another mature market with 100% cellular penetration, the company claims that its service “took off”. Europe, however, is a different story: “We’re looking at Europe but we see a complicated market where the regulatory picture is a mess. Our goal would be to promote our other communications products in this market over PAS.” Indeed, PAS, believes the company, is more likely to take off in Africa and Eastern Europe.

Other technologies

Also indicative of this focus on more mature markets, UTStarcom recently paid $100 million for the assets of 3Com`s CommWorks unit, which is seen as offering a complimentary technology. And, in September 2002, UTStarcom established European operations in Frankfurt, Germany to support local carriers in deploying its access solutions, targeting carriers with its IP-DSL solutions - a suite of professional services designed to supports carriers in service and business planning, financial modelling, sales and marketing efforts.

But aside from the issue of the company’s associations with China and the developing world in general, there is perhaps another, more generalized issue of association - or rather the lack of it - faced by the company. For although Donovan, no doubt truthfully, asserts that the company is number two globally in the DSLAM market and number one in softswitches, many potential customers would simply not recognize UTStarcom as being in the top tier of these technologies.

Indeed, according to Ovum’s Iain Richardson, “In the DSLAM area, for example, the company you would think of first is Alcatel. UTStarcom just doesn’t come to mind when you think about this technology.”

This article is the copyright of Electronics International and Optical Keyhole. It may be freely distributed by any means in an unaltered form.

[panik]

UTStarcom First-Quarter DSL Port Sales Up 669 Percent Over 2002, Giving It Highest Growth Rate in Industry, According to Dell`Oro Group
Tuesday June 3, 9:05 am ET
Market Research Firm Ranks UTStarcom as Second-Largest Supplier Worldwide of DSL Access Concentrator Ports


ALAMEDA, Calif., June 3 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that first-quarter shipments of its DSL access concentrator ports were up 669 percent compared to the first quarter of 2002, according to Dell`Oro Group. This is the highest growth rate in the industry. Dell`Oro Group`s Access Report also ranked UTStarcom as the number-two supplier worldwide of DSL ports. Global sales of DSL ports reached 7.1 million in the first quarter, up 34 percent from the same quarter a year ago.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"The Dell`Oro report confirms that UTStarcom is well on the way to becoming the world`s leading supplier of DSL access solutions," said Hong Lu, president and chief executive officer of UTStarcom. "Our focus on technology leadership, global expansion, and sustainability for long-term growth gives us important advantages in the DSLAM market. For example, the AN-2000 IB has gained rapid market acceptance because it`s easy to deploy, it eliminates the need for a costly ATM infrastructure, and it offers a faster return on investment. We also have a strong presence in markets such as China, Japan, and India that are experiencing phenomenal growth in their telecommunications infrastructure. As a result, we expect to continue to be the growth leader in the DSL market during 2003."

In the first five months of this year, UTStarcom announced a number of important sales. Yahoo! BB inked a contract worth $100 million in early 2003 to purchase additional AN-2000 IB platforms for its BB Phone, BB TV, and high- speed broadband services. Tata Teleservices Ltd. of India has signed a contract to deploy 56,000 lines of the AN-2000. China Telecom, which has already deployed 120,000 IP DSL lines, is purchasing more UTStarcom IP DSLAMs to add another 80,000 lines. In addition, China Netcom has contracted to purchase the AN-2000 IB to deploy 25,000 DSL lines this year.

Carriers can use UTStarcom`s AN-2000 IB IP-DSLAM to migrate their access networks seamlessly and economically from narrowband voice-only services to full broadband capabilities. The company`s platform enables carriers to generate additional revenue by offering customers the triple play of data, voice, and video services over a single copper loop.

The AN-2000 IB IP-DSLAM interoperates with existing DSL customer premises equipment and delivers IP from the ADSL line card, allowing carriers to deliver multiple high-speed services such as voice-over-IP and video over a backbone network that employs low-cost IP switching and routing. An all-IP network also makes it easier for carriers to support video streaming using technologies such as IP multicast.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the Operator`s opportunities to increase subscribers, revenues and profits, and increasing consumer demand for advanced are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets in China and worldwide, the termination of new contracts, partnerships or alliances with China Netcom, reductions or potential cancellation or non- recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

UTStarcom Dominates Worldwide Next-Gen Softswitch Market, Says Infonetics Research
Tuesday June 3, 9:05 am ET
Company Accounts for 68 Percent of Softswitch Ports Shipped in First Quarter of 2003


ALAMEDA, Calif., June 3 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that for the first quarter of 2003, Infonetics Research has once again named the company the global leader in the next-gen softswitch market. UTStarcom shipped more than 2.17 million ports, or 68 percent of all softswitch ports sold during this period, according to the report.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"UTStarcom has owned the number-one position in the next-gen softswitch market for more than a year because we offer service providers the flexibility they need to deploy revenue-generating IP applications while retaining their existing infrastructure for traditional phone service," said Hong Lu, president and chief executive officer of UTStarcom. "With our mSwitch(TM), service providers can migrate to IP at their own pace without eating into their existing revenues. The mSwitch also offers the lowest price per port, which customers find very attractive."

Vendors shipped a total of more than 3.2 million next-gen softswitch ports during the first quarter, down from 4.38 million in the fourth quarter. UTStarcom`s sales decreased by two percent-down from 70 percent market share in the fourth quarter of 2002. Despite the seasonal slowdown, Infonetics predicts that port shipments will continue overall strong growth and reach 65 million in 2006. Although the majority of past softswitch sales has been associated with wireless applications, UTStarcom expects to see a continued increase in sales for wireline application of their softswitch product in the future.

The IP-based mSwitch is a cost-effective, flexible, and highly scalable switching infrastructure that supports voice and data services over wireline and wireless networks. Service operators can use the platform to migrate their traditional voice-based DTM networks to a next-generation, IP-based packet switching architecture. Because the mSwitch supports a variety of industry standards and protocols, operators can offer a full gamut of revenue-generating services over one platform. In addition, the low price per port of the mSwitch drives down application-per-subscriber costs and increases operator revenue.

The mSwitch is often bundled into UTStarcom`s IP-based Personal Access System (iPAS(TM)) wireless-access network, which enables operators to offer a complete set of wireline services while migrating to an IP-based wireless network. However, service providers can also deploy the mSwitch as a separate system, and they are increasingly interested in using the mSwitch for additional applications.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding, without limitation, the potential for revenue and product sales in future quarters, the potential impact of the transaction on future earnings and financial results, opportunities to add to the Company`s customer base, increased customer access and accelerated geographic diversity, opportunities to cross-sell existing products to CommWorks` installed customer base, revenue diversification, sources of revenue in future quarters and the stability of such revenue, the provision of a global platform for growth and profitability, a potentially enhanced sales footprint, the anticipated closing date of the transaction, and expansion of future addressable markets are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays, general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

UTStarcom Retains Rank as World`s Second-Largest DSLAM Provider
Tuesday June 3, 9:05 am ET
Infonetics Research and Synergy Research Group Confirm UTStarcom`s Standing in Broadband Sector


ALAMEDA, Calif., June 3 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced it has been recognized as the world`s second-largest provider of DSLAM products for the first quarter of 2003. Reports issued by Infonetics Research and Synergy Research Group confirmed the company`s standing in the DSL market.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"UTStarcom is strongest in the Asian market, and we`re starting to leverage that strength to gain market share in the rest of the world," said Hong Lu, president and chief executive officer of UTStarcom, Inc. "We now have offices around the world, and our price advantage and next-generation IP-based solution is a combination that`s tough to beat."

The Infonetics Research quarterly report on Broadband Hardware: DSL Aggregation gave UTStarcom second place worldwide for DSLAM port and revenue market share. However, the research firm noted that UTStarcom leads the market in the Asia Pacific region. Infonetics pegged the number of xDSL ports UTStarcom shipped in the first quarter at 958,997, or 16 percent of the market. DSLAM revenue is reported as nearly $92 million, or 15 percent of total market revenue.

"UTStarcom continues to perform well in the DSLAM market and is now the clear number two DSLAM leader worldwide. The company essentially doubled its port shipments and revenue quarter to quarter," said Michael Howard, principal analyst and co-founder of Infonetics Research. "Not only does UTStarcom have a large contract with Yahoo! BB in Japan, it also has very competitive per-port pricing with its products in the IP-based DSLAM market, which is gaining significant momentum in Asia Pacific and around the world."

In its quarterly report on worldwide broadband market shares, Synergy Research Group found that UTStarcom shipped nearly 949,000 xDSL ports, up 118 percent from the previous quarter, and that its port shipment market share was 13.7 percent, placing it second in a highly competitive market. Synergy also reported that UTStarcom`s worldwide xDSL equipment revenues were nearly $65.7 million in the first quarter, up 69 percent from the fourth quarter of 2002. The company`s share of the market as a percent of revenue was 7.4 percent.

"In less than two years since introducing its first product, UTStarcom has ascended to second place in the world DSLAM market," said (Stan) Zhiyong Zou, industry analyst at Synergy Research Group. "Two factors contribute to the company`s rapid growth -- its focus on serving such fast-growing markets such as China and Japan, and its next-generation IP-based DSLAM, which provides worldwide carriers a transition path to packet-based high-bandwidth voice, data, and video services."

Carriers Choosing IP-Based DSLAMs

Carriers around the world are choosing IP- based DSLAMs in place of ATM- based DSLAMs as they architect their networks with Ethernet and IP technologies that will allow for the delivery of new IP services such as VPNs, Voice over IP, and Video on Demand.

Carriers can use UTStarcom`s AN 2000 IB(TM) IP-DSLAM to migrate their access networks seamlessly and economically from narrowband voice-only services to full broadband capabilities. The company`s platform enables carriers to generate additional revenue by offering customers the triple play of data, voice, and video services over a single copper loop. The AN-2000 IB is economical to deploy, eliminating the need for a costly ATM infrastructure and giving carriers a faster return on their investment.

For more information on Infonetics Research or to purchase the full report, please go to www.infonetics.com. For more information on Synergy Research or to purchase the full report, please go to www.srgresearch.com.

For further information on UTStarcom`s DSLAM solution please visit www.utstar.com.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the demand for broadband access, UTStarcom`s ability help its customers receive a quick return on investment, and provide increased services and functionalities, are forward looking in nature. These risks and factors include rapidly changing technology, the changing nature of the global telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the development and deployment of the systems, the termination of significant contracts, partnerships or alliances, and uncertainties such as changes in government regulation and licensing requirements worldwide. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[dergeneral]

Wow, die Nachrichtenlage für UTSTARCOM nimmt laufend zu!
Da sieht man mal wie das Interesse an diesem Unternehmen steigt!

[panik]

Yahoo! BB and UTStarcom Win SUPERQuest Award at SUPERCOMM 2003
Wednesday June 4, 9:05 am ET


ATLANTA, June 4 /PRNewswire-FirstCall/ -- Yahoo! BB, the leading supplier of broadband services in Japan, and UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, were honored at SUPERCOMM`s 6th Annual SUPERQuest Awards Ceremony, held June 3 at the Georgia World Congress Center. Yahoo! BB won the award for its Voice over DSL (VoDSL) phone service, made possible by UTStarcom`s AN-2000 IB multi-service platform. Yahoo! BB`s VoDSL service is being demonstrated at UTStarcom`s exhibit, Hall C2, Booth #10927 at SUPERCOMM 2003.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"We are very pleased to be partners with Yahoo! BB on their award-winning phone service," said Hong Lu, president and chief executive officer for UTStarcom. "This award and the rapid acceptance of Yahoo! BB`s data, Voice over IP and now its innovative Video over IP services in Japan is a testament to the compelling design and effectiveness of our AN-2000 IB multi-service platform."

Yahoo! BB was the first to offer Voice over DSL (VoDSL) nationwide telephone service to consumers at an unprecedented price in the industry. Using its existing network, Yahoo! BB layered VoDSL phone service for its existing DSL data customers. The service is based on Yahoo! BB`s simple, end-to-end pure IP network. At the end of March 2003, Yahoo! BB reached more than 2 million phone subscribers.

Yahoo! BB`s phone service is a key element of the company`s overall strategy to provide the first triple-play services (voice, data, and video) to consumers at the least possible cost. Yahoo! BB was first to deliver IP data service to Japan in 2001, followed by the first VoDSL service in 2002 -- six to eight months ahead of its competitors. Seventy percent of Yahoo! BB`s data users are using its voice service. In Q1 2003, Yahoo! BB extended its service lead by using UTStarcom IP-DSLAMs to deliver streaming video services -- another first for Japan.

Carriers can use UTStarcom`s AN 2000 IB IP-DSLAM to migrate their access networks seamlessly and economically from narrowband voice-only services to full broadband capabilities. The company`s platform enables carriers to generate additional revenue by offering customers the triple play of data, voice, and video services over a single copper loop. The AN-2000 IB is economical to deploy, eliminating the need for a costly ATM infrastructure and giving carriers a faster return on their investment.

The AN-2000 IB IP-DSLAM provides IP from the ADSL line card, allowing carriers the ability to deliver multiple high-speed services such as voice-over-IP and video over a backbone network that employs low-cost IP switching and routing. An all-IP network also makes it easier for carriers to support video streaming using technologies such as IP multicast and IP Quality of Service (IP QoS).

SUPERQuest Award nominations were accepted based on the following
criteria:
-- Companies must have a presence at SUPERCOMM 2003, either through their
own booth, which of a partner or by securing meeting room space on the
exhibit floor.
-- Service Providers or Enterprise Organizations (Product Service
Manufacturer) who have put their services or operations into commercial
use during the previous calendar year (2002).
-- Vendors and/or Suppliers nominated for new technologies and products
must have released their products to the market within one month of
SUPERCOMM 2003 (May 1, 2003).


Winners are chosen by a panel of judges that include industry leading technology press, analysts and other experts.

SUPERCOMM 2003, the premier annual communications infrastructure technology exhibition and conference, is being held this week at the Georgia World Congress Center in Atlanta. Exhibits are open today from 9:00 a.m. to 5:00 p.m. and tomorrow, June 5, from 9:00 a.m. to 3:00 p.m.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

The premier annual communications infrastructure exhibition and conference, SUPERCOMM is owned jointly by the Telecommunications Industry Association (TIA), http://www.tiaonline.org/, Arlington, Va. and the United States Telecom Association (USTA), http://www.usta.org/, Washington, DC.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

UTStarcom Signs $27.7 Million PAS Contract With China Netcom in Northern China
Tuesday June 10, 9:05 am ET
IP-Based PAS Growth Continues in Northern China on Heels of World Telecom Day


ALAMEDA, Calif., June 10 /PRNewswire-FirstCall/ -- UTStarcom Inc. (Nasdaq: UTSI - News), a leading provider of wireless, wireline, and broadband access equipment, today announced that it has signed a new contract valued at approximately $27.7 million with China Netcom for new and expansion deployments of its IP-based PAS (Personal Access System) (iPAS) equipment in suburban cities neighboring Tian Jin in northern China.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"This new contract continues to show the growth of PAS from its initial start as a suburban wireless technology to a service option for all of China`s major cities and provinces," said Ying Wu, CEO of UTStarcom China. "iPAS subscriber numbers continue to grow and operator promotions in conjunction with the World Telecom Day on May 17 have injected some new growth for PAS in China`s northern provinces."

Introduced in China in 1998 as a supplement to fixed-line systems, UTStarcom`s PAS technology gained more than 10 million Chinese customers as of April 2003 and commands more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies.

With deployments in China, Taiwan, Vietnam, and soon in the United States, UTStarcom dominated the worldwide PAS market in 2002. Merrill Lynch named the company the top PAS manufacturer in October 2002. UTStarcom also earned the top spot in the Infonetics Research reports on the worldwide softswitch market in the second and third quarters of last year, and Synergy Research rated UTStarcom second in the DSLAM sector. Both softswitches and DSLAMs are key technology areas in high-growth markets.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[dergeneral]

Wow!
UTSTARCOM auf neuem 52 Wochen hoch!

Wie wird es weiter gehen!?!? ;-)

[ROTEBLITZ]

[Goossens]

UTStarcom auf Rang 37 des Business-Week-Rankings der besten IT-Unternehmen. Noch vor eBay, EA, SAP, Cisco und Amazon.

http://www.spiegel.de/wirtschaft/0,1518,252731,00.html

Ok nicht ganz ernst zu nehmen, aber die Aktie gewinnt immer mehr an Aufmerksamkeit. Wie sehen eigentlich die Aufnahmekriterien für die Nasdaq100 aus?

[dergeneral]

HAllo Goossens

Bist du neu in UTSI ??

Hoffe auch, daß UTSI mal in einen bedeutenden Index aufgenommen wird!
Wie stehen die Chancen ?
Kennt sich da einer aus?

[dergeneral]

UTSI läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft und läuft ;-)

[Goossens]

@dergeneral:

Nee bin schon seit November 2000 drin. Habe damals
auch einen Thread gestartet:
(Thema: UTStarcom(UTSI)- aussichtsreicher Infrastrukturwert [Thread-Nr.: 288997])

Schön zu sehen, daß das was damals an Umsatz gemacht wurde, heute der Höhe nach als Gewinn gemacht wird.

Schade btw, daß der Dollar so schwach notiert, immerhin stand UTSI im Januar/Februar 2002 schon bei 40€...

Dein Einstiegskurs liegt bei 75€ stimmts? Wenn das so weitergeht, kriegst du den ja noch raus

[dergeneral]

Hi Goossens

Ja, mein Einstiegskurs liegt bei 75€ !
Ich war bei UTSI von anfang an dabei, habe mir gleich nach dem IPO welche geholt.
War damals noch um einiges unbekannter als heute.

Bin mir sicher, daß ich meinen Einstiegskurs wieder sehen werde.
Jedenfalls bei UTSI ;-)
UTSI hat sich bei den Werten, die ich noch von damals habe, am besten gehalten.
Und da ich glaube, daß viele Fonds jetzt auf diesen Wert setzen, geht es weiter nach oben.


Hoffe der Wert kommt auch mal in einen bedeutenden Index, wie seht ihr das?

Bis denn

Der General

[panik]

UTStarcom Signs %28.7 Million Contract With China Netcom For PAS Deployments in 28 Cities in Henan Province
Thursday June 19, 9:05 am ET
China`s Urbanization Campaign Continues to Spur Widespread Growth Of IP-Based PAS Systems in Suburban Areas


ALAMEDA, Calif., June 19 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading provider of wireless, wireline, and broadband access equipment, today announced that it has signed a new contract valued at $28.7 million with China Netcom for new deployments of its IP-based PAS (Personal Access System) (iPAS(TM)) equipment in 28 county-level cities throughout the Henan Province. The province is the most populated province in China with more than 93 million people. As a result of China`s urbanization process, UTStarcom is seeing a trend this year in the expansion of PAS deployments to suburban areas that surround major cities.
(Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"In addition to deploying PAS in metropolitan cities such as Beijing and Guangzhou, we are experiencing another trend as county-level cities deploy PAS and iPAS systems," said Ying Wu, chief executive officer of UTStarcom China. "The majority of China`s population still lives in smaller, suburban cities, representing a great potential market. China`s urbanization process will add 10,000 small cities and towns in the next 10 to 15 years, increasing China`s current urban population-30 percent of the total population-to approximately 50 percent in the next two decades."

"PAS continues to be a mutually beneficial undertaking for all parties involved," Wu added. "The cost effectiveness of the PAS/iPAS systems allows operators the ability to pass on savings to their subscribers, while still maintaining an average of two to three years of payback on the initial investment. The end users benefit from the affordability of our citywide wireless service, as well as the wide range in handset cost from our lower-end models to our most advanced. As a result, UTStarcom gains more repeat business on systems and handsets due to satisfied operators and consumers."

UTStarcom officials estimate that more than 30 to 40 percent of all new fixed-line subscribers this year will come from PAS, thus continuing to help fixed-line operators such as China Netcom and China Telecom increase the country`s fixed-line teledensity, which is currently at approximately 17 percent nationwide.

About PAS: The People`s Technology

Introduced in China in 1998 as a supplement to fixed-line systems, UTStarcom`s PAS technology gained more than 10 million Chinese customers as of April 2003 and commands more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies.

With deployments in China, Taiwan, Vietnam, and soon in the United States, UTStarcom dominated the worldwide PAS market in 2002. Merrill Lynch named the company the top PAS manufacturer in October 2002. UTStarcom also earned the top spot in the Infonetics Research reports on the worldwide softswitch market in the second, third, and fourth quarters of 2002 and in the first quarter of 2003, and Synergy Research rated UTStarcom second in the worldwide DSLAM sector. Both softswitches and DSLAMs are key technology areas in high-growth markets.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding, without limitation, the effect of China`s urbanization campaign and the anticipated growth of IP-Based PAS systems in suburban cities in China, the expansion of PAS deployments from China`s major cities down to the district- and county-level cities, the potential market for the Company`s PAS and iPAS systems in such cities, the ability to integrate the PAS system with future 3G and broadband technologies, the deployment of the Company`s PAS related products in the United States and the growth of the softswitch and DSLAM markets are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances, reductions or potential cancellation or non-recognition of backlog, and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

10:32AM UTStarcom: Pacific Growth sees China Netcom contract as significant (UTSI) 34.28 +1.01: --Update-- Firm notes that the $28.7 mln contract announced this morning is for INITIAL installations in 28 country-level ares throughout China`s most populated province (Henan). " Simply put - there are 93 million people in this province and none of them have access to PAS technology and none of the 28 areas have any PAS installations," comments Pacific Growth. Firm believe this creates a huge revenue opportunity for UTSI, and that this is significant.

[ROTEBLITZ]

JUNE 9, 2003

SPECIAL REPORT -- HOT GROWTH COMPANIES

Ringing Off the Hook in China
Sci-fi technology? Nope. UTStarcom`s ultracheap wireless service makes use of existing networks


Taiwan-born, Berkeley-educated Hong Liang Lu admits to having had negative stereotypes of mainland China before he first visited there in 1990. "As a kid, I was brainwashed by Chiang Kai-Shek," he says. But rather than a dour land of communist automatons, he found a vibrant populace badly in need of decent phones. Then, as now, less than 10% of the Chinese had a land line, and service was so poor that Lu would have to pick up the phone dozens of times before he got a dial tone. "Before that trip, I hadn`t really thought about doing business in China," he says. "Afterward, I felt it made no sense to do business anywhere else."

That was the first of two big decisions that have helped make Lu`s UTStarcom Inc. perhaps the world`s hottest telecom-gear supplier. The second was taking a chance on a technology called Personal Access System (PAS), which was developed in Japan but never caught on there. PAS uses phones that offer wireless calling. But unlike cellular systems, PAS allows users to send and receive calls only from a limited area and doesn`t offer roaming. By combining UTStarcom gear with existing infrastructure, phone companies can deploy PAS for just $100 per subscriber, roughly half the price of cellular systems.

The combination of an underserved market and an inexpensive product that meets its needs has made PAS-based services -- marketed in much of China as "Little Smart" -- a runaway hit. The big Chinese phone companies, including China Telecommunications Corp., have signed contracts with UTStarcom worth more than $1 billion in the past year. As a result, Alameda (Calif.)-based UTStarcom is prospering like it`s 1999. It has blown past Wall Street`s expectations in each of the 12 quarters since its initial public offering in March, 2000, and it has upped guidance on revenues twice this year already. In the first quarter, sales soared 80%, to $330.5 million, and profits more than doubled, to $37.3 million. For the year, profits are expected to reach $168.7 million on sales of $1.7 billion, according to brokerage Pacific Growth Equities. "Our biggest problem is keeping up with demand," says Lu. So far this year, the stock price has risen 45%, to about $29.

Lu`s approach stands in stark contrast to that of many of his beleaguered telecom rivals. While others set off to build gee-whiz technology for the great broadband future, Lu focused on existing customer needs. The former Kyocera Corp. exec raised $220 million before the IPO -- $166 million of that from Softbank Corp., whose CEO, Masayoshi Son, worked with Lu in an Oakland (Calif.) ice-cream parlor during college. Today, Softbank owns 23% of UTStarcom, partly because Western venture capitalists weren`t interested in an outfit selling a once-failed, low-end technology to China`s masses.

The big Chinese phone companies were also lukewarm at first. Throughout much of the 1990s, Lucent Technologies was their main provider of telecom gear. "[Lucent] could go in with a private jet and see the President of China," says Lu. "We were nobody." Lu was relegated to cold-calling telecom officials in China`s hinterland. But sales began to mount in 1998, after UTStarcom began pitching PAS as a cellular alternative. With no charge for incoming calls and with outgoing ones costing just a quarter of the cellular rate, sales took off, particularly among blue-collar folks who didn`t travel much and didn`t need roaming. Today, there are 12 million PAS subscribers in China. Given that PAS was recently O.K.`d in Beijing and Chongqing, there will no doubt be millions more soon. Lu has also inked deals in Vietnam, Panama, and India -- which has 1.1 billion people but only 35 million phones. "It`s a market that`s going to explode," says Lu.

That`s not to say there aren`t risks. SARS is a serious threat to China`s economy and could put the brakes on sales. And cellular rivals are moving to lower their prices, which could boost competition. Still, 48-year-old Lu has proved his ability to make the best of bad situations. Now, his efforts are being noticed by suitors. "The rumor is that he has been told: `You tell us the price, and we`ll pay it,"` says JMP Securities analyst Sam Wilson.

And Lu says he was shocked when more than 100 Wall Street analysts showed up for a company briefing on May 21. When he started out, Lu could barely get his calls returned. Now, it seems as if the whole world is on the line.


By Peter Burrows in San Mateo, Calif., with Dexter Roberts in Beijing

[ROTEBLITZ]

9:57AM UTStarcom target raised to $40 from $30 at USB Piper Jaffray (UTSI) 33.28 +0.61:






UTStarcom CEO Hong Lu Wins Northern California`s 2003 Ernst & Young Entrepreneur of the Year Award
Monday June 23, 9:05 am ET
Lu Receives Award in Network Communications Category for His Vision To Provide Future-Ready Technology to High-Growth Markets And His Leadership in UTStarcom`s Continued Financial Success


ALAMEDA, Calif., June 23 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading provider of wireless, wireline, and broadband access equipment, today announced that Hong Lu, founder, president, and chief executive officer of UTStarcom, was awarded Ernst & Young`s 2003 Entrepreneur of the Year Award in the Network Communications category for the Northern California region. Lu received his award from Ernst & Young partner Rick Fezell at a gala event at the Fairmont San Jose on Friday, June 20.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
A panel of independent judges chose the Ernst & Young award recipients by evaluating the excellence and extraordinary success of the candidates in such areas as innovation, financial performance, and personal commitment to their businesses and communities. Lu is now eligible for the National Entrepreneur of the Year awards, which will be announced in Palm Springs, California on November 22, 2003.

"I am very honored to have received this distinguished award from Ernst & Young," Lu said. "UTStarcom`s remarkable success is not dependent solely on any one individual. Ying Wu, co-founder and chief executive officer of UTStarcom China, is equally responsible for our company`s success. Our entire management team deserves credit for their hard work and dedication, and our more than 3,000 employees worldwide continue to deliver results that make UTStarcom one of the fastest growing telecommunications companies in the world."

With 13 straight quarters of profitability to date, UTStarcom has grown from a top equipment manufacturer in China to a globally recognized leader in the DSLAM, PAS (Personal Access System), and softswitch markets. The company was recently ranked #9 on the Forbes.com 25 Fastest Growing Tech Companies; #33 on BusinessWeek`s Hot Growth Companies; #13 on Investor`s Business Daily`s 100; and #37 on BusinessWeek`s Information Technology 100.

From Ice Cream to Worldwide Telecommunications

Lu`s entrepreneurial background began when the Taiwanese-born businessman was an undergraduate student at the University of California at Berkeley. Lu served as the night-shift manager of an ice-cream parlor in nearby Oakland to help pay for college expenses, an experience that taught him the importance of responsibility and igniting his desire to start his own business.

In 1991, Lu and several Bell Lab engineers founded Unitech Telecom Inc., a digital and wireless transmission systems manufacturer focused on providing leading-edge technology for developing countries building communications infrastructures. Lu specifically targeted China as the company`s main customer market, knowing that industry analysts predicted the Chinese telecom market would eventually become the largest in the world by 2010.

In 1995, Lu helped orchestrate the merger of his California-based company with Starcom Network Systems Inc., a developer of intelligent network systems located in New Jersey. Lu took UTStarcom public in March 2000, and has led the company through 13 straight quarters of profitability -- exceeding street estimates.

About Ernst & Young

Ernst & Young, a global leader in professional services, is committed to restoring the public`s trust in professional services firms and in the quality of financial reporting. Its 106,000 people in more than 140 countries around the globe pursue the highest levels of integrity, quality, and professionalism to provide clients with solutions based on financial, transactional, and risk-management knowledge in Ernst & Young`s core services of audit, tax, and corporate finance. Ernst & Young practices also provide legal services in those parts of the world where permitted. Further information about Ernst & Young and its approach to a variety of business issues can be found at www.ey.com/perspectives . Ernst & Young refers to all the members of the global Ernst & Young organization.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com .

PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

UTStarcom Grabs Worldwide Lead in Media Gateway Port Shipments in First Quarter, According to Infonetics Research
Tuesday June 24, 9:05 am ET
Company Accounted for 26 Percent of All Media Gateway Ports Shipped


ALAMEDA, Calif., June 24 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that its mSwitch accounted for 26 percent of all media gateway ports shipped-the largest market share of any vendor in the category -- and 53 percent of all ports shipped in the convergence switch sub-category for the first quarter of 2003, according to the Next Gen Voice Products report from Infonetics Research. UTStarcom`s port shipments more than tripled to 837,000 in the first quarter of 2003, up from 233,000 in the last quarter of 2002.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"Infonetics expects growth of 86 percent for convergence switches in 2003, setting the stage for 2004, which should be the first significant year for major next gen voice deployments," said Kevin Mitchell, directing analyst of Service Provider Networks at Infonetics Research, an international market research and consulting firm covering the networking and telecommunications industries. "We anticipate that worldwide port shipments for convergence switches will jump from 3.8 million in 2002 to 21 million by 2006. UTStarcom`s mSwitch has already been responsible for a strong growth rate in Asia, and the company looks to be well-positioned to take advantage of the market`s move to IP voice."

"Service providers in Asia are realizing the value that IP products bring in enabling new services for maintaining existing customers and winning additional subscribers," said Hong Lu, president and chief executive officer of UTStarcom. "Our mSwitch incorporates a set of gateway functions that allows operators to implement a network migration strategy that meets their network requirements. UTStarcom is enabling migration from legacy systems to next generation solutions seamlessly while simultaneously reducing operation and investment costs."

The mSwitch is a cost-effective, flexible, and highly scalable switching infrastructure that supports voice and data services over wireline and wireless networks. Service operators can use the platform to migrate their traditional voice-based TDM networks to a next-generation, IP-based packet-switching architecture. Because the mSwitch supports a variety of industry standards and protocols, operators can offer a full gamut of revenue-generating services over one platform. In addition, the low price per port of the mSwitch drives down application-per-subscriber costs and increases operator revenue.

The mSwitch is often used with UTStarcom`s iPAS(TM) (IP-based Personal Access System) wireless-access network, which enables operators to offer a complete set of wireline services while migrating to an IP-based wireless network. However, service providers can also deploy the mSwitch as a separate system, and they are increasingly interested in using the mSwitch for additional applications.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding, without limitation, the potential for revenue and product sales in future quarters, the potential impact of the transaction on future earnings and financial results, opportunities to add to the Company`s customer base, increased customer access and accelerated geographic diversity, opportunities to cross-sell existing products to CommWorks` installed customer base, revenue diversification, sources of revenue in future quarters and the stability of such revenue, the provision of a global platform for growth and profitability, a potentially enhanced sales footprint, the anticipated closing date of the transaction, and expansion of future addressable markets are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays, general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

2:12PM UTStarcom rises on Pac Growth estimates hike (UTSI) 34.90 +2.20: -- Update -- As mentioned earlier, the stock spiked in the past hour on above-avg volume, likely after Pacific Growth raised their ests for the co; firm sees significant opportunities for rev expansion outside of China in India, Latin America, Taiwan, Vietnam, the Caribbean, Eastern Europe, and within a few areas in Africa; raises 2004 rev/EPS ests to $2.5 bln/$2.25 from $2.1 bln/$1.94, vs consensus of $2.1 bln/$1.83.

[panik]

11:04AM UTStarcom back to the high (UTSI) 35.75 +1.59: -- Technical -- Stock edged above resistance at the Jan 2002 (35.66) in early trade and then slipped. Has rebounded in recent action and is working back toward the session high of 35.86.

[ROTEBLITZ]

neues jahreshoch


Looking beyond carriers
Wireless Fund manager likes UTStarcom, Nokia

By Jenny Spitz, CBS.MarketWatch.com
Last Update: 12:02 AM ET June 27, 2003







SAN FRANCISCO (CBS.MW) - Don`t let the fund`s name fool you.
Although the Wireless Fund (WIREX: news, chart, profile) includes major wireless carriers, its holdings are spread out among companies that have long-term potential to benefit from the wireless sector, said fund co-manager Jeff Provence.

"If you look at typical wireless carriers, that`s not what our fund is about. Our fund is about companies that actually provide the technology that`s needed: networks and wireless systems, companies that would provide chips, software companies that provide billings systems for wireless networks, companies that make cellphones themselves," he said.

Year-to-date, the Wireless Fund is up 37.2 percent, compared with a 11.4 percent gain by the S&P 500, according to Lipper. On a three-year-annualized basis, the fund is down 46.3 percent, versus a 11.4 percent decline by the S&P 500. The fund carries no front load and has an expense ratio of 1.95 percent.

For his first pick, Provence likes wireline, wireless systems telecommunications access systems and cellphone maker UTStarcom (UTSI: news, chart, profile). Besides having 13 consecutive quarters of positive earnings, Provence thinks that UTStarcom`s expansion into China could easily double or triple the company`s market cap. Shares closed up $1.46 cents at $34.16 on Thursday.

Another top pick is mobile handset maker Nokia (NOK: news, chart, profile). Nokia gets kudos from Provence for not only its size but for its partnerships with different chip manufacturers. He believes the company clearly going to be one of the leading wireless companies as the global wireless market booms. Nokia shares closed up 20 cents at $16.97.

Finally, Provence like code-division multiple access (CDMA) licenser Qualcomm (QCOM: news, chart, profile). Aside from holding CDMA patents, Provence thinks the company`s global network makes it a top pick and expects the company to grow due to its presence in China. Qualcomm shares closed up $1.08 at $36.40 on Thursday.

Jenny Spitz is headline editor for CBS.MarketWatch.com in San Francisco.

[panik]

UTStarcom Signs First Contract in Europe With Cyprus Telecommunications Authority
Monday June 30, 9:05 am ET
Thousands of Lines of UTStarcom`s AN-2000 Broadband Multi-Service Access Network to Support Voice, Data, and ADSL Services


ALAMEDA, Calif., June 30 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it has signed its first contract in Europe with the Cyprus Telecommunications Authority (CYTA).
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
UTStarcom will supply its AN-2000 Broadband Multi-Service Access Network (MSAN) in support of CYTA`s nationwide rollout of a "Fiber-to-the-Cabinet" (FTTCab) network of voice, data, and ADSL services for enterprise and residential subscribers throughout Cyprus.

"Developing a global customer base has been a top priority for UTStarcom over the last several months," said David Robison, vice president of international sales for UTStarcom. "We strongly believe that our diverse product family of wireline and wireless access technology can fit the needs of clients in markets around the world, whether in Asia, South America, Europe, Africa, or North America. Our continued financial strength and corporate growth will allow us to expand UTStarcom worldwide and bring high-value solutions that enable service providers to realize their business objectives."

About Cyprus Telecommunications Authority

CYTA is the primary provider of a variety of advanced telecommunications services in Cyprus, covering the whole spectrum of customer needs for both voice and data communications, fixed and mobile. With nearly 430,000 fixed lines, 450,000 mobile, prepaid and postpaid lines, 20,000 Internet subscriptions, and 10,000 ADSL users for a population of 750,000, CYTA currently holds a leading position in the Cyprus market. CYTA also places special emphasis on providing value-added services to its customers, such as various Internet-based multimedia services.

Cyprus, which is expected to join the European Union next year, is strategically located in the crossroads of Europe, the Middle East, and Africa, in the Mediterranean Sea. It has established itself not only as a tourism center in the region but also as a premier telecommunication hub for the information and communication technology sector, with CYTA playing a key role as network and service provider.

About the AN-2000 MSAN

The AN-2000 Multi-Service Access Network is an integrated access platform that delivers traditional voice and a host of broadband data services to subscribers over a wireline network. The AN-2000 MSAN solution can be deployed in any network topology over fiber, copper, or microwave radio, securing a carrier`s investment with integrated ATM and IP capability from the same platform.

The AN-2000 MSAN delivers a comprehensive suite of services, including traditional analog voice services; digital voice and data over ISDN; analog and digital leased-line services over IDSL or SHDSL; broadband data over SHDSL and ADSL; and high-performance, always-on Internet access. It connects to the PSTN on V5.2, V5.1, or two-wire interface and supports ATM or IP backhaul for data services.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

NOTE: PAS, AN-2000, MSAN, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding, without limitation, the Company`s continued financial strength or sustainability, the Company`s continued corporate growth, the Company`s ability to expand on a worldwide basis, the expectation that Cypress will join the European Union and the ability to deploy the Company`s AN-2000 MSAN solution in any network topology are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications markets in China and elsewhere, possible delays in system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances, reductions or potential cancellation or non-recognition of backlog, and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

China Netcom Awards UTStarcom $43 Million Contract for PAS Deployments In HeiLongJiang Province
Monday June 30, 9:05 am ET
Strong Growth of IP-Based PAS Continues in Northern China; 800,000 Subscribers Sign on for Service in HeiLongJiang Province Since January 2003


ALAMEDA, Calif., June 30 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it has signed a contract valued at approximately $43 million with China Netcom to deploy its IP-based PAS (Personal Access System) (iPAS) equipment in several cities in the HeiLongJiang Province. In just six months after the service`s first deployment in the Province, iPAS has attracted more than 800,000 subscribers, half of which are located in the provincial capital of Harbin.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"This contract is completely indicative of what we are seeing throughout China," said Simon Le, senior vice president of sales of UTStarcom China. "Explosive PAS subscriber growth is taking place simultaneously in metropolitan and suburban cities as increasingly savvy consumers are choosing the cost-efficient, feature-rich services that PAS offers."

About PAS: The People`s Technology

Introduced in China in 1998 as a supplement to fixed-line systems, UTStarcom`s PAS technology gained more than 10 million Chinese customers as of April 2003 and commands more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies.

With deployments in China, Taiwan, Vietnam, and soon in the United States, UTStarcom dominated the worldwide PAS market in 2002. Merrill Lynch named the company the top PAS manufacturer in October 2002. UTStarcom also earned the top spot in Infonetics Research reports on the worldwide softswitch market in the second, third, and fourth quarters of 2002, and in the first quarter of 2003, and Synergy Research rated UTStarcom second in the worldwide DSLAM sector. Both softswitches and DSLAMs are key technology areas in high-growth markets.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding, without limitation, the anticipated growth of IP-Based PAS systems in metropolitan and suburban cities in China, the expansion of PAS deployments from China`s major cities down to the district-and county-level cities, the potential market for the Company`s PAS and iPAS systems in such cities, the ability to integrate the PAS system with future 3G and broadband technologies, the deployment of the Company`s PAS related products in the United States and the growth of the softswitch and DSLAM markets are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances, reductions or potential cancellation or non-recognition of backlog, and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[Nix Wasa]

q Panik !!!

WAs denkst bis wann kommt der erste 100,-- Mio auftrag von Indien?

Nix Wasa

[dergeneral]

Erstmal wieder ein 43 Mill $ Auftrag aus China !!
Heute gehts wieder auf! Sehe heute bestimmt wieder > +5% !


Press Release Source: UTStarcom, Inc.

China Netcom Awards UTStarcom $43 Million Contract for PAS Deployments In HeiLongJiang Province
Monday June 30, 9:05 am ET
Strong Growth of IP-Based PAS Continues in Northern China; 800,000 Subscribers Sign on for Service in HeiLongJiang Province Since January 2003

# ALAMEDA, Calif., June 30 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it has signed a contract valued at approximately $43 million with China Netcom to deploy its IP-based PAS (Personal Access System) (iPAS) equipment in several cities in the HeiLongJiang Province. In just six months after the service`s first deployment in the Province, iPAS has attracted more than 800,000 subscribers, half of which are located in the provincial capital of Harbin.(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )

"This contract is completely indicative of what we are seeing throughout China," said Simon Le, senior vice president of sales of UTStarcom China. "Explosive PAS subscriber growth is taking place simultaneously in metropolitan and suburban cities as increasingly savvy consumers are choosing the cost-efficient, feature-rich services that PAS offers."

[dergeneral]

Vor Indien komme Europa !
Wieder ein Neukunde???
Ich liebe diese Aktie! Im Der aktionär Musterdepot ein Top Wert!

UTStarcom Signs First Contract in Europe With Cyprus Telecommunications Authority
Monday June 30, 9:05 am ET
Thousands of Lines of UTStarcom`s AN-2000 Broadband Multi-Service Access Network to Support Voice, Data, and ADSL Services

# ALAMEDA, Calif., June 30 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it has signed its first contract in Europe with the Cyprus Telecommunications Authority (CYTA).(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )

UTStarcom will supply its AN-2000 Broadband Multi-Service Access Network (MSAN) in support of CYTA`s nationwide rollout of a "Fiber-to-the-Cabinet" (FTTCab) network of voice, data, and ADSL services for enterprise and residential subscribers throughout Cyprus.

"Developing a global customer base has been a top priority for UTStarcom over the last several months," said David Robison, vice president of international sales for UTStarcom. "We strongly believe that our diverse product family of wireline and wireless access technology can fit the needs of clients in markets around the world, whether in Asia, South America, Europe, Africa, or North America. Our continued financial strength and corporate growth will allow us to expand UTStarcom worldwide and bring high-value solutions that enable service providers to realize their business objectives."

[dergeneral]

Heute die 37$ geknackt ;-)

UTSTARCOM INC (NasdaqNM) Edit
Symbol: UTSI

Last Trade: 37.03 10:12am ET


Change: Up 0.69 (1.90%)
Volume: 531,942
Day`s Range: 36.00 - 37.22
52-week Range: 12.21 - 36.90
Track UTSI Set Alert Download Data
View Full Quote...

[panik]

UTStarcom Wins Largest IP-DSLAM Contract to Date With China Telecom Corporation
Monday July 7, 9:05 am ET
200,000 Lines of UTStarcom`s AN-2000 IB IP-DSLAM Utilized For Deployment in Eight Provinces


ALAMEDA, Calif., July 7 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it has been awarded a contract with China Telecom Corporation (CTC) to deploy more than 200,000 lines of its AN-2000 IB(TM) solution in eight provinces throughout China. This marks the third and largest IP-DSLAM contract announcement with China Telecom to date.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
The deployments will take place in some of the most affluent provinces in the country, including Zhejiang, Jiangsu, Guangdong, and Chongqing. The equipment will be delivered, installed, and ready for operation in the third quarter 2003.

"We believe this contract represents a strong belief by China Telecom that UTStarcom is considered a first-tier supplier of affordable IP-DSLAM solutions that offer outstanding performance and intelligent, next-generation system features," said Ying Wu, chief executive officer at UTStarcom China. "UTStarcom has positioned itself as an important strategic partner for China Telecom as they speed up the penetration of ADSL broadband services into China through the addition of more than two million lines in 2003."

Today`s contract announcement will effectively double UTStarcom`s IP-DSLAM deployments in China from just over 200,000 lines at the end of the first quarter 2003 to more than 400,000 with this agreement. Infonetics Research once again named UTStarcom the second-largest DSLAM provider worldwide for the first quarter of 2003. UTStarcom has earned this leadership position in less than two years after the launch of the company`s IP-DSLAM product.

IP-DSLAM`s Strong Market Potential

The market potential for IP-based DSLAM solutions in China remains extremely attractive. Countrywide predictions expect that the total broadband market will increase to five to six million ADSL users this year, compared to approximately two million ADSL lines at the end of 2002.

About UTStarcom`s IP-DSLAM Products

Carriers can use UTStarcom`s AN-2000 IB IP-DSLAM to migrate their access networks seamlessly and economically from narrowband voice-only services to full broadband capabilities. The company`s platform enables carriers to generate additional revenue by offering customers the triple play of data, voice, and video services over a single copper loop. The AN-2000 IB is economical to deploy, eliminating the need for a costly ATM infrastructure and giving carriers a faster return on their investment.

The AN-2000 IB IP-DSLAM provides IP from the ADSL line card, allowing carriers the ability to deliver multiple high-speed services such as voice-over-IP and video over a backbone network that employs low-cost IP switching and routing. An all-IP network also makes it easier for carriers to support video streaming using technologies such as IP multicast and IP Quality of Service (IP QoS).

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the impact of the China Telecom agreement and related deployment on the Company`s competitive position, the rate of market acceptance of its DSLAM offerings, the likelihood and speed of the migration to broadband platforms in China, anticipated customer demand for greater bandwidth and for the Company`s products, the rate of growth of such markets, the number of users in China who are expected to choose ADSL for broadband access, the Company`s ability to deliver solutions over existing wireline networks, the ability of operators to achieve faster returns using the Company`s technology, the Company`s ability to continue to win business, and the success and continuation of the Company`s deployments and field trials are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of its products, general demand for and acceptance of the Company`s products and technology, competitive pricing pressure leading to declines in gross margins, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

7:27AM UTStarcom target raised at CSFB (UTSI) 39.15: CSFB reiterates its Outperform rating and raises price target to $45 from $32. Firm believes that strength in both China and international markets will lead to upward revision to firm`s 2003 and 2004 sales/EPS targets after UTSI reports.

[Techseeker]

... ich wollte mal auf den folgenden Thread hinweisen: 663654

[Techseeker]

Neuer Versuch, link war tot:

Thread: Spectrum Signal Processing - SSPI

Sollte UTSI-Longs evtl. interessieren ?

[Techseeker]

OK, Ihr hättet knapp 20%-40% mit nem UTSI Lieferanten die letzten 2 Handelstage machen können (und in UTSI wieder reinstecken ) ... vielleicth sürzt SSPI auch morgen wieder ab ... wer weiss ... oder UTSI kauft eines Tages den für sie interessanten Teil von SSPI oder beteiligt sich ??? Man weiss es nicht.

Naja, so long, TS

[panik]

Shooting-Star Stock
Ben Berentson, 07.16.03, 1:00 PM ET

NEW YORK - Stealth Stocks guru Dennis Slothower has established one of the best records for picking stocks in this column this year. His last two picks, Asta Funding and Medifast, are up 85% and 60%, respectively.


Slothower`s latest pick: Alameda, Calif.-based UTStarcom (nasdaq: UTSI - news - people ). The firm manufactures and sells communications equipment for service providers that operate wireless and wireline networks in fast-growing markets such as China and Taiwan. Its technology enables companies to cost-effectively use their existing landline infrastructure to offer wireless voice, data and Internet service. UTStarcom recently paid $100 million to acquire certain parts of 3Com`s (nasdaq: COMS - news - people ) carrier-focused CommWorks division. CommWorks customers that UTSI will gain access to include major carriers like Verizon Communications (nyse: VZ - news - people ) and AT&T (nyse: T - news - people ). UTSI stock currently trades for just under $40.


Stealth Stocks sleuth Dennis Slothower`s just released a new group of 5 undiscovered stocks that he thinks could double in a year. To get his July picks, click here.
Slothower likes UTSI because it has a "beautiful chart pattern, with very steady growth in price in a well-established uptrend." The stock has been locked in this trend since the beginning of March, when it took off from a price of around $23. Slothower thinks the pattern will continue: "The stock has maintained its trend well above the middle Bollinger band line (blue line), holding short-term corrections in the uptrend safely above the line." He also notes that the stock`s Relative Strength Index has been above 50--meaning that it trades up more often than it trades down--since the Nasdaq rally began in March. Because of UTStarcom`s rapid sales growth and its promising chart pattern and technicals, Slothower thinks the stock could go up to $60 by the end of the year.

[panik]

12:47PM Volume Alert -- UTStarcom turns aggressively lower ahead of tonight`s earnings report (UTSI) 36.92 -3.07:

[panik]

UTStarcom Q2 2003 Earnings Results: Record Revenues, Earnings, and Cash Collections Mark Best Quarter In Company`s History
Thursday July 17, 4:07 pm ET
Company Realizes Collections of More Than $750 Million and Raises Guidance for 2003


ALAMEDA, Calif., July 17 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today reported record revenues and earnings for its second quarter ended June 30, 2003. UTStarcom will conduct a conference call today, Thursday, July 17, at 1:30 p.m. PDT to discuss these results. (Please see Conference Call section below for dial-in numbers.)
(Logo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"I am extremely satisfied to report to our shareholders that once again we have achieved record revenues and earnings, marking 14 consecutive quarters of profitability," said Hong Lu, chief executive officer of UTStarcom, Inc. "We continue to make significant progress toward our goal of becoming a key global telecommunications equipment provider. We are the worldwide market leader in several important product categories, business is strong in Japan and India, and we recently announced our first sale in Western Europe."

Net sales for the second quarter of 2003 increased to $405.8 million, a sequential increase of 23 percent over the $330.5 million in net sales reported in the previous quarter and a 75 percent increase over the $231.5 million in net sales reported in the second quarter of 2002.

Net income for the second quarter of 2003 increased 53 percent year-over- year to $39.4 million, or $0.33 per share, compared to net income of $25.7 million, or $0.22 per share, for the second quarter of 2002.

"Our level of profitability and ability to once again raise guidance going forward is reflective of continued strong customer demand for our products," said Mike Sophie, chief financial officer of UTStarcom, Inc. "EPS is especially impressive as it reflects a $0.09 charge associated with the completion of strategic acquisitions during the quarter as well as the 16.9 million share dilution associated with the convertible bond issued in March of this year."

Sophie added, "The proof of our success is also demonstrated in the strong cash collections from customers which came in at approximately $751 million - versus our target of $600 million."

Raising Guidance:

UTStarcom is again raising its guidance for 2003. Full-year revised company guidance is as follows:

Revenue for the third quarter of 2003 is expected to be in the range of $495 million to $505 million, with earnings per share expected to be approximately $0.42-$0.43 for the quarter on a GAAP basis. Revenue for the full-year 2003 is expected to be approximately $1.80 billion to $1.82 billion, as compared to the guidance of $1.65 billion to $1.7 billion given in April of this year. Earnings per share for 2003 is expected to be approximately $1.55- $1.56 on a GAAP basis, as compared to the guidance of $1.50-$1.51 given in April.

The company will provide specific guidance for 2004 on the Q3 earnings conference call scheduled for October 23, and continues to target a long-term growth rate of 20-25 percent.

Key Highlights for Q2 2003

Stellar Financial Performance
-- Experienced best financial performance in company`s history: Revenues
of $405.8 million, EPS $0.33.
-- Announced more than $240 million in contracts in the second quarter.
-- Raised third quarter and fiscal-year guidance following strong sales
and optimistic year-end outlook.
-- Logged 14th consecutive quarter of profitability since March 2000 IPO,
once again exceeding street estimates.

Global Leadership
-- In China, the number of subscribers on UTStarcom`s PAS networks
increased by 3.2 million to 12.5 million of the estimated 20 million
PAS subscribers in China at the end of Q2.
-- The Company extended PAS contracts for the first time to Beijing and
other metropolitan cities in China.
-- UTStarcom announced largest IP-DSLAM contract with China Telecom to
date, bringing the total number of lines deployed to more than 400,000.
-- In Japan, popularity of Yahoo! BB continues to grow, with more than
2.8 million subscribers as of June 2003.

Strategic International Expansion
-- Announced first deal in Western Europe, with Cyprus Telecommunications
Authority, in June.
-- Closed deal to acquire selected assets of CommWorks, the carrier-
focused division of 3Com Corporation, for $100 million.
-- Deal leverages CommWorks` diverse, blue-chip customer base.
-- CommWorks` products complement and extend UTStarcom`s existing product
line.
-- CommWorks` customer support and professional services organization
provides access to steady and recurring revenue and new sales
opportunities.

Sustained Market Strength
-- #1 in Worldwide Softswitch Market (Infonetics Research, May 20, 2003).
-- #1 in Worldwide PAS Market with nearly 14 million users worldwide;
company continues to hold 60% market share in China.
-- #2 in Worldwide DSLAM Market (Infonetics Research May 20, 2003, Synergy
Research Group, May 19, 2003).
-- DSL port sales up 669% from 2002, representing the highest growth rate
in the industry (Dell`Oro Group).
-- #1 in Worldwide Ports Shipped, Media Gateways, (Infonetics Research,
May 20, 2003).


Conference Call

The company will conduct a conference call, which is open to the public, to discuss these results. The call will take place at 1:30 p.m. (PDT) on Thursday, July 17. The conference call dial-in numbers are as follows: United States -- 888-428-4479; International -- 651-291-5254.

A replay of the call will be available from approximately 5:00 p.m. (PDT) on July 17 to 11:59 p.m. (PDT) on July 24. The conference call replay numbers are as follows: United States -- 800-475-6701; International -- 320-365-3844. The Access Code is 691171.

Investors will also have the opportunity to listen to the conference call and the replay over the Internet through UTStarcom`s Web site at: http://www.utstar.com

To listen to the live call, please go to the Web site at least 15 minutes early to register, and to download and install any necessary audio software. For those who cannot listen to the live broadcast, a replay will also be available on this site.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

This release includes forward-looking statements, including the foregoing statements regarding continued strength of the Company`s business in China and in international markets as well as across product lines, the Company`s ability to replicate its success in China in international markets, the guidance given for anticipated revenue and earnings per share for the third quarter and full-year of 2003 and the ability of the Company to integrate and leverage CommWorks to obtain access to additional revenue and sales opportunities. These statements are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These risk factors include rapidly changing technology, the changing nature of global telecommunications markets, particularly in China, the termination of significant contracts, the direction and results of future research and development efforts, evolving product and applications standards, reduction or delays in system deployments, product transitions, potential non-realization of backlog, changes in demand for and acceptance of the Company`s products, general adverse economic conditions, and trends and uncertainties such as changes in government regulation and licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, its Annual Report on Form 10-K, and its Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.

UTStarcom, Inc.
Consolidated Statements of Operations
(In thousands, except per share amounts)
(Unaudited)

Three months ended Six months ended
June 30, June 30, June 30, June 30,
2003 2002 2003 2002

Net sales $405,834 $231,508 $736,354 $415,198

Cost of sales 268,330 145,596 486,165 263,644
Gross profit 137,504 85,912 250,189 151,554

Operating expenses:
Selling, general and
administrative 34,963 29,520 72,546 53,206
Research and development 36,078 21,370 62,890 40,567
In process research and
development 9,328 670 10,648 670
Amortization of intangible
assets 1,483 656 2,178 1,133
Total operating expenses 81,852 52,216 148,262 95,576

Operating income 55,652 33,696 101,927 55,978

Interest and other income
(expenses) (1,357) (737) 3,133 342
Equity in income (loss) of
affiliated companies (1,745) (6) (2,720) (799)
Income before income taxes and
minority interest 52,550 32,953 102,340 55,521
Income tax expense 13,138 6,590 25,585 11,104
Minority interest in (earnings) of
consolidated subsidiaries -- (628) -- (1,156)

Net income $39,412 $25,735 $76,755 $43,261


Basic earnings per share $0.39 $0.23 $0.74 $0.39


Diluted earnings per share $0.33 $0.22 $0.62 $0.37

Weighted average shares used in
per-share calculation:
- Basic 100,698 111,549 104,009 110,806
- Diluted 124,360 117,343 126,409 117,074


Three months ended Six months ended
June 30, June 30, June 30, June 30,
2003 2002 2003 2002
1. The above unaudited financial
statements include the following
non-cash expenses:
Cost of Sales $2 $6 $5 $13
Selling, general and administrative 68 249 186 791
Research and development 2,290 258 2,884 1,055
Total stock compensation expense $2,360 $513 $3,075 $1,859

Amortization of intangible assets $1,483 $656 $2,178 $1,133

In-process research and development $9,328 $670 $10,648 $670

Impairment in investment portfolio $-- $650 $223 $1,090

2. Earnings per share

Basic earnings per share
Income available to common
stockholders $39,412 $25,735 $76,755 $43,261

Effect of Dilutive Securities
7/8% Convertible Subordinated Notes 1,092 -- 1,375 --

Diluted earnings per share
Income available to common
stockholders + assumed conversions $40,504 $25,735 $78,130 $43,261


UTStarcom, Inc.
Consolidated Balance Sheets
(In thousands)
(Unaudited)

June 30, December 31,
2003 2002
(unaudited)
ASSETS
Current assets:
Cash, cash equivalents and short-
term investment $281,260 $339,249
Accounts receivable, net 263,186 222,050
Inventories, net 1,099,044 424,666
Prepaid expenses 139,418 47,220
Other current assets 113,063 74,187
Total current assets 1,895,971 1,107,372
Property, plant and equipment, net 135,731 98,511
Long-term investments 24,697 35,360
Goodwill and intangible assets, net 149,054 49,820
Other long term assets 26,138 14,489
Total assets $2,231,591 $1,305,552

LIABILITIES AND STOCKHOLDERS`
EQUITY
Current liabilities:
Accounts payable $425,678 $256,980
Income taxes payable 4,881 13,003
Deferred revenue 545,343 164,247
Other 140,463 104,927
Total current liabilities 1,116,365 539,157
Long-term debt 402,500 --
Total liabilities 1,518,865 539,157

Stockholders` equity:
Common stock 128 135
Additional paid-in capital 617,343 658,546
Deferred stock compensation (9,133) (11,766)
Retained earnings 104,282 120,520
Receivable from shareholders (275) (282)
Other comprehensive (loss) 381 (758)
Total stockholders` equity 712,726 766,395

Total liabilities and
stockholders` equity $2,231,591 $1,305,552


June 30, December 31,
2003 2002
(unaudited)
Inventories are made up of the
following:

Inventories at factories $308,706 $132,735
Inventories at customer locations 790,338 291,931

$1,099,044 $424,666




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[ROTEBLITZ]

Gibt es was besseres als UtStarcom????? NEIN!!!!


Reuters
UPDATE - UTStarcom net soars, boosts revenue outlook
Thursday July 17, 6:31 pm ET
By Eric Auchard


(Adds executive comments from conference call, background)
NEW YORK, July 17 (Reuters) - Network equipment maker UTStarcom (NasdaqNM:UTSI - News) said on Thursday quarterly net jumped as a focus on fast-growing Asian communications markets led it to surpass Wall Street`s rising expectations.

ADVERTISEMENT


The Alameda, California-based, company, which sells most of its gear into the booming Chinese market, said net profit rose 53 percent to $39.4 million, or 33 cents a share, in the second quarter, compared with $25.7 million, or 22 cents a share, a year earlier.

Though little-known in the United States, the company started by Chinese entrepreneurs harbors ambitions to become the "Cisco of Asia" with a strategy to hook up high-growth emerging markets with innovative Internet network gear.

Throwing off concerns in April that growth would slow due to business disruptions caused by the SARS epidemic in China, UTStarcom raised its outlook for the third quarter and the rest of 2003 and said it was already booking orders for early 2004.

"UTStarcom is on track to becoming a multibillion company," CEO Hong Lu told investors in a conference call.

Toward that target, the company boosted its full-year 2003 revenue guidance to around $1.80 billion or $1.82 billion, up from its prior forecast in April of $1.65 billion to $1.7 billion. It said it believes it will see sustained growth of 20 percent to 25 percent for several years.

Shares of UTStarcom, which have rocketed up 90 percent since the start of the second quarter, fell back $2.01, or 5 percent, on Thursday to trade at $37.98 ahead of the report. Following the results, which were posted after the close of Nasdaq trading, the stock erased earlier losses and traded up to $40, or just off the three-year high of $42.10 set earlier in the week.

"This company is no longer a little niche player in a single market," said Joe Noel, an analyst with Pacific Growth Equities, who recommends investors buy the stock.

The results, which marked the company`s 14th consecutive quarterly profit, set it apart as the only global communications equipment maker to remain in hypergrowth mode as competitors such as Lucent and Alcatel struggle, Noel said.

Chief Financial Officer Michael Sophie said in a phone interview that the company`s results reflected growing business in Japan and India, which is set to overtake Japan in 2004 as UTStarcom`s second-largest market after China.

Marking its progress in becoming a global network supplier, Sophie said UTStarcom expects to close its first contracts in Latin America and Africa during the second half of 2003.

Its success springs from making network gear and phone handsets for the so-called Personal Access System (PAS), a fixed wireless system that hooks up to existing wired phone lines and allows callers to make low-cost wireless calls.

PAS handset sales sped up in the second quarter in China, even in the face of SARS. Sales grew to 20 million subscribers not far off its goal of 25 million to 30 million PAS subscribers this year.

"Clearly that`s on track and it looks like it`s going to be more toward the high end," Sophie said.

Second-quarter profits per share topped analyst estimates ranging between 29 cents and 31 cents. The results included a 9 cent charge for costs related to the company`s acquisition of CommWorks from 3Com (NasdaqNM:COMS - News) in May and a 16.9 million share increase tied to a recent convertible bond.

Without the charge and higher share count, UTStarcom would have posted 42 cents per share in earnings, the company said.

The company, which typically installs new network gear at customer sites several quarters before it actually recognizes the sales, said net sales grew to $405.8 million from $231.5 million. Second-quarter sales included more than $250 million in publicly announced contracts in China, its primary market.

[proxim]

18.07. 08:50
UTStarcom: "Cisco Asiens" glänzt mit guten Zahlen

--------------------------------------------------------------------------------
(©BörseGo - http://www.boerse-go.de)
Der US-Netzwerkausrüster UTStarcom (WKN: 934248, US: UTSI), der den Löwenanteil seines Umsatzes in Asien generiert, konnte im abgelaufenen Quartal die Erwartungen des Marktes übertreffen. Der Nettogewinn konnte aufgrund einer Fokussierung auf den wachstumsstarken chinesischen Markt um 53% auf $39.4 Millionen oder 33 (Consensus: 30) Cents je Aktie nach $25.7 Millionen oder 22 Cents je Aktie wachsen. Obwohl das Unternehmen in den USA noch relativ unbekannt ist, wird es in China bereits als die „Cisco Asiens“ bezeichnet, so Analysten. „UTStarcom ist auf dem Weg ein milliardenschweres Unternehmen zu werden“, sagte CEO Hong Lu auf einer Pressekonferenz. Im Geschäftsjahr 2003 rechnet das Unternehmen mit einem Umsatz zwischen $1.80-$1.82 Milliarden, eine Erhöhung gegenüber der zuvor prognostizierten Spanne von $1.65-$1.7 Milliarden. Seit Anfang des zweiten Quartals stieg die Aktie um 90% an und legte in der Nachbörse weitere 5.58% auf $40.10 drauf.

[proxim]

Trade Shows

ITU Telecom World 2003
October 12 - 18, 2003
Geneva, Switzerland
Visit UTStarcom in booth #4139 - Hall 5 at the ITU Telecom World 2003 show. It`s a world-class showcase for the very latest technological trends as well as a stimulating forum for influential speakers from every market segment and every global region. ITU TELECOM WORLD is the only completely impartial, attendee-focused event, the only telecoms event where major public-private sector partnerships are regularly forged, the only event that brings together top-level participants from both the developed and the developing worlds.

[oukej]

Schreiben da nur Amerikaner oder was ?
Kein Wort deutsch ?

[panik]

UTStarcom and NEC Sign Partnership to Provide Multimedia Broadband Solutions To the Brazilian Market
Monday July 21, 9:00 am ET
UTStarcom`s AN-2000 IB IP-Based DSLAM to Provide High-Speed Voice, Data, and Video Services to Brazilian Market


SAO PAULO, Brazil, July 21 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading provider of next generation technology for telecommunication carriers, and NEC Brazil, developer of telecommunication and IT solutions for carriers, corporations and government entities, announced today their alliance to provide innovative broadband solutions in Brazil. The deal is one of several partnerships between the two companies aimed at bringing high-speed voice, data, and video services to Latin America.
(Logo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Under this alliance, UTStarcom will provide its next-generation IP-based broadband technology, and NEC will integrate UTStarcom`s products into the country`s existing infrastructure to offer new and innovative solutions to service providers.

"NEC Brazil, with 35 years in operation and a solid reputation as a leading solutions provider, is the ideal partner to introduce UTStarcom as a new entrant to the Brazilian market. Both companies possess a formidable position in the market and leadership in the industry, and will now leverage their leadership to offer the most innovative solutions to operators," said Rene Mendez, vice-president of UTStarcom Latin America and Caribbean.

The AN-2000 IB(TM) is the IP-DSLAM platform that will be used to provide a wide variety of high-quality and easily implemented multimedia solutions, providing faster return on investment to telecommunication carriers in addition to preparing them to perform with Next Generation Networks (NGN). Using UTStarcom`s technology, operators will be able to offer "triple play" services to its customers, enabling access to high-speed voice, video, and data applications.

"We believe UTStarcom responds perfectly to the market demand for multimedia broadband solutions, offering carriers revenue generating solutions and a rapid return on their investment, which means savings for the end user as well as the possibility of always aggregating new multimedia services," stated Paulo Castelo Branco, president of NEC Brazil.

UTStarcom serves as equipment vendor to some of the largest operators around the world, including Yahoo! BB in Japan. Yahoo! BB has successfully implemented the UTStarcom IP-DSLAM technology, resulting in significant reductions in both operations costs and capital expenditures, as well as a dramatic increase in subscribers. Yahoo! BB currently has 2.8 million subscribers, to whom it offers fast Internet access, IP telephony, Wireless LAN, subscription TV, and video-on- demand services through a single vehicle.

NEC Brazil has actively participated in the broadband market since the inception of a growth in demand in mid 2002. Having acquired extensive knowledge of the telecommunications networks of most of the fixed carriers in the country following the implementation of the infrastructure, NEC began to develop new solutions and services for its clients that are actively performing in components related to broadband. In addition to local knowledge, NEC possesses significant experience in both the European and Asian markets that can be applied according to the demands of the Brazilian market.

UTStarcom, which was recently ranked ninth in Forbes.com`s "25 Fastest Growing Tech Companies," is strategically expanding its presence throughout Latin America. As part of this expansion, UTStarcom recently acquired selected assets of CommWorks, a 3Com subsidiary, and is now partnering with companies like NEC to offer relevant capabilities and integrated solutions for operators. UTStarcom is leveraging its position as the leading IP-DSLAM provider in the world to bring next-generation IP solutions to the Brazilian market.

About UTStarcom

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

About NEC Brazil

In the country since 1968, NEC Brazil is a subsidiary of NEC Corporation, established in Japan. NEC Brazil services are directed to the corporate sector and solutions segment of carriers, the government and corporations.

NEC Brazil offers advanced end-to-end solutions of communication for the integration and convergence of voice, data and video (VoIP); Connection Infra- structure of Internet, Extranet and Intranet (LAN, WAN, WLAN); Services in the field of Information Technology (projects, implementation, network management and information security); NEAX family of PABX IP; Contact Center Connection, Dialing for Active Call Center; Videoconference; PID Digital Biometric Impression, Servers; Broadband Access Solutions; Mobile Internet Solutions (WAP Gateway functionalities, in addition to portal, SMS, LIS, and others).

NEC also contributes in the electronic sector, in the area of computers, with the implementation of mainframe computers in projects of public entities, as well as in projects of the automatization projects. Known as a technological pioneer in the telecommunications market, NEC Brazil is responsible for the systems of color televisions, digital central phone operations, and analog and digital mobile communications in Brazil. More information about the company can be obtained at www.nec.com.br

Forward Looking Statements

The foregoing statements regarding, without limitation, NEC`s ability to integrate UTStarcom products into existing infrastructure in Brazil, the ability of carriers or operators to achieve rapid or faster rates of return on investment and to offer high-speed voice, data and video applications by using UTStarcom`s products, UTStarcom`s ability to offer revenue-generating solutions to carriers, the possibility of savings for end users and carriers` ability to migrate access networks seamlessly and economically from narrowband voice-only services to full broadband capabilities using UTStarcom`s products are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications markets in China and elsewhere, possible delays in system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances, reductions or potential cancellation or non-recognition of backlog, and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

[ROTEBLITZ]

und ein neues jahreshoch


10:51AM UTSI edges above $42.10 one-yr high set July 15 42.13 +2.22:

[panik]

UTStarcom Invests $25 Million in Bangalore Development Center, Raising Total R&D Investment in India to $50 Million
Tuesday July 22, 9:00 am ET
50 Percent of Global Development Work for Wireless Data, Voice-Over-IP, and Personal Communication Management System Solutions Now in India


GURGAON, India, July 22 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced plans to invest U.S. $25 million in its Development Center at Bangalore in India. The expansion will entail doubling employee strength at the facility to 150 engineers over the next two months.
"India is a strategic market for UTStarcom, and our R&D investments in India reiterate our commitment to the country and our customers there," said Ruchir Godura, country manager & director of south Asia operations. "The expansion of the Bangalore Development Center raises our aggregate investments in R&D in India to $50 million, with two full-fledged global R&D centers focusing on cutting-edge development work."

(Logo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
The Bangalore Development Center will undertake `core` research and design to support UTStarcom`s leading 2G and 3G CDMA Data, Voice-Over-IP (VoIP) and Personal Communication Management Systems (PCMS) (Unified Messaging) solutions. With the expansion of the facility, approximately 50 percent of global development work relating to these product lines will now be handled in India.

"UTStarcom enjoys a dominant position in the global 2G and 3G CDMA data and softswitch arena," said Jerry Soloway, senior vice president of engineering at UTStarcom. "With the quality of manpower available and the expertise we have built up in India, the Bangalore Develop Center will enable us to focus on developing new, innovative technologies in these product areas that will continue to push UTStarcom`s ability to compete in the marketplace."

The Bangalore Development Center, which was established by Mascon Global in 2001, came into the UTStarcom Corporation with the May 2003 acquisition of CommWorks, the carrier division of 3Com. This is the second R&D center UTStarcom has in India since the construction of its facility in Gurgaon in 2002.

In 2002, UTStarcom announced an investment of U.S. $25 million in its global R&D facility at Gurgaon.

"The Bangalore R&D Center will provide a great opportunity for Indian software professionals to work on challenging R&D projects to support next- generation telecommunication solutions," said Chandru Bolaki, director of the Bangalore Development Center.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the implementation and success of the Company`s program of initiatives in India; the Company`s plans to invest resources in India and the Company`s continued ability to focus on developing new, innovative technologies in India are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of India`s telecommunications market; the termination of any key partnerships or alliances; the direction and success of future research and development efforts, evolving product and application standards, potential cancellations, reductions or delays in system deployments, and uncertainties such as government regulation in India and demand for and acceptance of the Company`s products that may affect the Company`s ability to successfully enter other markets. The Company also refers readers to the risk factors identified in its Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

[panik]

UTStarcom Wins $40 Million Contract From China Telecom for Expansion Of IP-Based PAS System
Wednesday July 23, 9:02 am ET
Number of PAS Subscribers Jumps 77 Percent in Guangdong Province in First Two Quarters of 2003


ALAMEDA, Calif., July 23 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it has signed a contract valued at approximately $40 million with China Telecom to expand existing deployments of its IP-based PAS (Personal Access System) (iPAS) system in 10 cities in the Guangdong Province.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"Guangdong Province is the biggest provincial telecom market in China, ranking as the top market for both fixed-line and mobile operators in subscriber base and revenue," said Simon Le, senior vice president of sales of UTStarcom China. "For the first two quarters of this year, the total number of PAS subscribers on UTStarcom`s networks increased 77 percent. This contract will respond to the explosive growth and robust demand we`re seeing by expanding both the capacity and coverage area of our networks in one of China`s more affluent and populated provinces."

Since the end of last year, Guangdong China Telecom has pursued a much more aggressive investment strategy for PAS service and proactively promoted the solution to potential customers. Besides marketing the voice services, Guangdong China Telecom is also actively promoting SMS (Short Messaging Service) and other high-speed data services related to the PAS solution.

As a result of the company`s overwhelming technical and market share advantage, UTStarcom has also gained a unique competitive edge in handset sales through the company`s VAS (Value-Added Service) system, which covers all the PAS networks in Guangdong.

About PAS: The People`s Technology

Introduced in China in 1998 as a supplement to fixed-line systems, UTStarcom`s PAS technology gained more than 10 million Chinese customers as of April 2003 and commands more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies.

With deployments throughout Mainland China and Taiwan, Vietnam, and soon in the United States, UTStarcom dominated the worldwide PAS market in 2002. Merrill Lynch named the company the top PAS manufacturer in October 2002. UTStarcom also earned the top spot in Infonetics Research reports on the worldwide softswitch market in the second, third, and fourth quarters of 2002, and in the first quarter of 2003, and Synergy Research rated UTStarcom second in the worldwide DSLAM sector. Both softswitches and DSLAMs are key technology areas in high-growth markets.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

NOTE: PAS, AN-2000, WACOS and the UTStarcom name and logo are trademarks of UTStarcom, Inc. and its subsidiaries.

Forward-Looking Statements

The foregoing statements regarding, without limitation, the anticipated growth of IP-Based PAS systems in the Guangdong province in China, the anticipated explosive growth and robust demand for such services in the Guangdong Province, the Company`s continued unique competitive edge, the potential market for the Company`s iPAS systems in such cities, and the ability to integrate the PAS system with Value Added Services and future 3G and broadband technologies, are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances, reductions or potential cancellation or non-recognition of backlog, and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

[panik]

UTStarcom Signs Contract With Asia Wireless Communication For IP-Based PAS System in Thailand
Wednesday July 30, 4:06 pm ET
Company to Re-Brand Largest Existing PHS Network Outside of China and Japan


ALAMEDA, Calif., July 30 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it has signed an agreement with Asia Wireless Communication Company (AWC), a subsidiary of TelecomAsia Public Company, to deploy its IP-Based PAS (Personal Access System) (iPAS(TM)) in key business districts in the Bangkok metropolitan area. Further contracts will be awarded to cover other parts of the business and residential areas in Bangkok.
(Logo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
The deal is the first step in a partnership between TelecomAsia and UTStarcom to "re-brand" AWC`s existing PCT service, the brand name given to PHS (Personal Handyphone System) in Thailand. AWC has developed a four-part plan to revitalize the PCT business by reducing financial and regulatory constraints, improving overall network coverage, and marketing products and services to attract and retain high-value customers.

"UTStarcom is one of the leading telecommunications equipment providers worldwide," said Adhiruth Thothaveesansuk, acting president of TelecomAsia. "They have the best PHS business know-how in the industry and offer their customers an array of value-added services at an affordable price. We expect this partnership to improve our quality of service and make a faster return on investment, as well as provide strong engineering support for the iPAS service."

Based on its reputation as the best equipment provider for next-generation PHS technology, UTStarcom was selected to rehabilitate the existing network, which covers approximately 1,600 square kilometers of central Bangkok and has more than 600,000 subscribers. AWC will utilize UTStarcom technology to offer its subscribers a number of value-added services, including 64Kbps data service.

"This agreement symbolizes the beginning of a partnership between TelecomAsia, Asian Wireless Communication and UTStarcom to bring high-quality, low-cost fixed-line wireless communications to Thailand," said David Robison, vice president of international sales at UTStarcom. "Not only will UTStarcom work to enhance the existing system with the addition of high-speed data service, but it also presents an opportunity to supply other value-added services, as well as terminal-related equipment, including our entire line of handsets."

"While initial revenues from this contract are anticipated to be approximately $500,000, we believe this could represent approximately $10 million over the next 18 months," Robison added.

About PAS: The People`s Technology

Introduced in China in 1998 as a supplement to fixed-line systems, UTStarcom`s PAS technology gained more than 10 million Chinese customers as of April 2003 and commands more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies.

With deployments in China, Taiwan, Vietnam, and soon in the United States, UTStarcom dominated the worldwide PAS market in 2002. Merrill Lynch named the company the top PAS manufacturer in October 2002. UTStarcom also earned the top spot in Infonetics Research reports on the worldwide softswitch market in the second, third, and fourth quarters of 2002, and in the first quarter of 2003, and Synergy Research rated UTStarcom second in the worldwide DSLAM sector. Both softswitches and DSLAMs are key technology areas in high-growth markets.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding, without limitation, the anticipated success of the partnership with AWC and other activities UTStarcom expects to conduct in Thailand, are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the rapidly changing nature of Thailand`s telecommunications markets, possible delays in system deployments or product introductions, possible downturns in the telecommunications markets both in Thailand and worldwide, the termination of new contracts, partnerships or alliances, and uncertainties such as changes in government regulation and licensing requirements in Thailand. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[ROTEBLITZ]

Reuters
RESEARCH ALERT-WR Hambrecht starts UTStarcom as "buy"
Tuesday August 5, 12:00 pm ET


NEW YORK, Aug 5 (Reuters) - WR Hambrecht on Tuesday said it began coverage of network equipment maker UTStarcom (NasdaqNM:UTSI - News) with a "buy" rating and a price target of $50 with a 12-month time frame.
"The company`s solid local presence in China and top management`s strong relationship with the government may continue to afford the company significant competitive advantages versus its competitors over the coming quarters," analyst Reginal King said in a research note.

Shares of UTStarcom closed at $42.50 on the Nasdaq stock market on Monday.






UTStarcom Wins New IP-DSLAM Contract with China Netcom
Thursday July 31, 9:05 am ET
Additional Contract with China Netcom Provides 100,000 IP-Based ADSL Lines for Three Northern Provinces


ALAMEDA, Calif., July 31 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it has been awarded its second major IP-DSLAM contract with China Netcom Corporation (CNC) to deploy over 100,000 lines of its AN-2000 IB(TM) IP-based DSLAM solution in ten major cities in the Inner Mongolia, Shandong, and Shanxi Provinces. This contract follows on the heels of its first DSLAM win with China Netcom announced in March 2003.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Today`s contract brings UTStarcom`s total IP-DSLAM deployments to more than 500,000 ADSL lines within multiple provinces in China.

"We believe that these contracts clearly affirm a decisive move in emerging broadband markets, where major service providers are choosing IP- based DSLAM solutions over existing legacy ATM-based systems to provide customers with a triple play of advanced voice, video, and data services," said Ying Wu, president and chief executive officer of UTStarcom China. "As the leader in IP-DSLAM deployments worldwide, UTStarcom enjoys significant first-mover advantage with economies of scale and technology and deployment expertise."

IP-DSLAM`s Strong Market Potential

The market potential for IP-based DSLAM solutions in China remains extremely attractive. Countrywide predictions expect that the total broadband market will increase to five to six million ADSL users this year, compared to approximately two million ADSL lines at the end of 2002.

About UTStarcom`s IP-DSLAM Products

Carriers can use UTStarcom`s AN 2000 IB IP-DSLAM to migrate their access networks seamlessly and economically from narrowband voice-only services to full broadband capabilities. The company`s platform enables carriers to generate additional revenue by offering customers the triple play of data, voice, and video services over a single copper loop. The AN-2000 IB is economical to deploy, eliminating the need for a costly ATM infrastructure and giving carriers a faster return on their investment.

The AN-2000 IB IP-DSLAM provides IP from the ADSL line card, allowing carriers the ability to deliver multiple high-speed services such as voice-over-IP and video over a backbone network that employs low-cost IP switching and routing. An all-IP network also makes it easier for carriers to support video streaming using technologies such as IP multicast and IP Quality of Service (IP QoS).

UTStarcom ranked as the second-largest DSLAM provider worldwide by Infonetics Research and Synergy Research in 2002 and in the first quarter of 2003.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding, without limitation, expectations relating to the continued or future relationship between the Company and China Netcom Corporation, are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. The foregoing discussion also contains statements of a third party, including without limitation, statements regarding the anticipated future size and revenues of the global DSLAM market, expectations that IP-based DSLAM`s will be chosen or used in place of ATM-based DSLAMs, and expectations that networks will be engineered or designed with Ethernet and IP technologies that will allow the delivery of IP services such as VPNs, VoIP, and VoD, which are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially These factors include rapidly changing technology, the changing nature of telecommunications, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of IP-DSLAM, general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

[panik]

UTStarcom Signs First Contract in Africa With Sotelma in Mali
Thursday August 7, 9:05 am ET
Landmark Deployment in West Africa Will Launch 50,000 Lines of UTStarcom`s IP-Based PAS System in Capital City of Bamako


ALAMEDA, Calif., Aug. 7 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it has signed its first contract in West Africa in the country of Mali for its IP-based PAS (Personal Access System) (iPAS(TM)) solution.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
The contract was awarded through UTStarcom`s partner, AfricaCom of London. AfricaCom, which has local operations in Senegal, Mali, Cameroon, and the Ivory Coast, will act as the prime contractor in its relationship with Sotelma.

"Sotelma has long been looking for the right technology to bring advanced communications to the people of Mali," said Mohammed Nimaga, chief executive officer of Sotelma. "With UTStarcom`s iPAS system, we will be able to accomplish the goal of giving people best of breed telephony, messaging, and Internet access, while meeting their expectations of a reasonably priced service and fast activation time."

"This contract provides an exciting opportunity for UTStarcom for two main reasons," said Bernd Schilp, vice president of sales for UTStarcom EMEA (Europe, Middle East, and Africa). "One, this contract represents our first mass deployment in West Africa and reiterates our belief that UTStarcom`s next-generation technology is suitable for markets beyond Asia. Two, Mali`s low teledensity of less than one percent means there is great potential and tremendous room for growth for our PAS technology, as we believe this agreement for deployment in the five major cities of Mali will prove. We believe Africa will be an ideal market for PAS in the future, and hope to expand into new opportunities on the continent."

Over the course of several quarters, Sotelma intends to deploy approximately 50,000 lines of UTStarcom`s iPAS system in the capital city of Bamako, with an option to expand into several other cities in the future for a total of 100,000 lines.

Mali, with a population of just over 11 million citizens, has approximately 80,000 fixed and 180,000 mobile phone lines today.

About PAS: The People`s Technology

Introduced in China in 1998 as a supplement to fixed-line systems, UTStarcom`s PAS technology gained more than 12 million subscribers in China as of June 2003 and commands more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies.

With deployments in Mainland China and Taiwan, Thailand, Vietnam, Africa, and soon in the United States, UTStarcom dominates the worldwide PAS market. Merrill Lynch named the company the top PAS manufacturer in October 2002. UTStarcom also earned the top spot in the Infonetics Research reports on the worldwide softswitch market in the second, third, and fourth quarters of 2002 and in the first quarter of 2003, and Synergy Research rated UTStarcom second in the worldwide DSLAM sector. Both softswitches and DSLAMs are key technology areas in high-growth markets.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

About Africa.com

Formed 3 years ago, the company was principally established as a carrier with interconnects across Africa but has since become a supplier of telecoms hardware, financing the sales through termination of minutes with its sister company The Minute Bank.

For more information contact A. Cudworth on [phone].

Forward-Looking Statements

The foregoing statements regarding, without limitation, the anticipated success of the partnership with Africa.com and other activities UTStarcom expects to conduct in Mali and West Africa generally, are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the rapidly changing nature of Mali`s and West Africa`s telecommunications markets, possible delays in system deployments or product introductions, possible downturns in the telecommunications markets Mali, West Africa generally and worldwide, the termination of new contracts, partnerships or alliances, and uncertainties such as changes in government regulation and licensing requirements in Mali and West Africa generally. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

[panik]

UTStarcom Announces Intention to Pursue a Two-for-One Stock Split
Thursday August 7, 9:05 am ET
Company Files Preliminary Proxy Statement and Intends to Conduct Stockholders Meeting to Approve Increase in Authorized Shares


ALAMEDA, Calif., Aug. 7 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it intends to pursue a two-for- one stock split, to be effected in the form of a one-for-one stock dividend. The Company will call a special meeting of its stockholders to approve an amendment to the Company`s certificate of incorporation to increase its authorized shares in order to facilitate the stock dividend.
(Logo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"UTStarcom`s commitment to providing maximum value for its shareholders is reflected in our consistent financial and operational execution, growing global opportunities, and increase in stock price," said Hong Lu, president and chief executive officer of UTStarcom Inc. "We believe this proposed stock dividend reflects the confidence we have in the long-term growth opportunities for our company."

UTStarcom has filed a preliminary proxy statement with the Securities and Exchange Commission regarding the proposal to amend the Company`s certificate of incorporation to increase its authorized shares, and it intends to mail a definitive proxy statement and notice of special meeting to its stockholders regarding the proposal. UTStarcom stockholders are urged to read the definitive proxy statement when it becomes available because it will contain important information about UTStarcom and the proposal. The proxy statement and other relevant materials (when they become available), as well as any other documents filed by UTStarcom with the SEC, may be obtained free of charge at the SEC`s web site at www.sec.gov. In addition, stockholders may obtain free copies of the documents filed with the SEC by UTStarcom from UTStarcom`s web site at www.utstar.com.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

Certain of the foregoing statements, including, without limitation, expectations relating to long-term growth opportunities for the Company, are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of the company`s products, general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements. The Company also refers readers to the risk factors identified in its latest Quarterly Report on Form 10-Q and Annual Report on Form 10-K, as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

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UTStarcom Wins Additional IP-DSLAM Contract From China Netcom Corporation
Monday August 11, 9:05 am ET
New Contract to Deploy 200,000 IP-Based ADSL Lines in Five Northern Provinces - Doubles Total Number of Lines Deployed with CNC


ALAMEDA, Calif., Aug. 11 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it has been awarded an IP-DSLAM contract with China Netcom Corporation (CNC) to deploy over 200,000 lines of its AN-2000 IB IP-based DSLAM solution in several major cities in the Heilongjiang, Tiangjin, Hebei, Shangdong, and Shanxi Provinces.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Today`s contract brings UTStarcom`s total IP-DSLAM deployments with CNC to more than 400,000 ADSL lines within multiple provinces in China since March of 2003.

"This contract continues to exemplify the tremendous demand for DSL services and UTStarcom`s leadership in the DSLAM arena in China," said Johnny Chou, chief operating officer of UTStarcom China. "We believe the unique advantage of UTStarcom`s IP-based solution will enable CNC to offer its customers such advanced features as the "Triple Play" of voice, data and video over broadband, enabling multiple choices for their customers and new revenue streams for them."

IP-DSLAM`s Strong Market Potential

The market potential for IP-based DSLAM solutions in China remains extremely attractive. Countrywide predictions expect that the total broadband market will increase to five to six million ADSL users this year, compared to approximately two million ADSL lines at the end of 2002.

About UTStarcom`s IP-DSLAM Products

Carriers can use UTStarcom`s AN 2000 IB IP-DSLAM to migrate their access networks seamlessly and economically from narrowband voice-only services to full broadband capabilities. The company`s platform enables carriers to generate additional revenue by offering customers the triple play of data, voice, and video services over a single copper loop. The AN-2000 IB is economical to deploy, eliminating the need for a costly ATM infrastructure and giving carriers a faster return on their investment.

The AN-2000 IB IP-DSLAM provides IP from the ADSL line card, allowing carriers the ability to deliver multiple high-speed services such as voice-over-IP and video over a backbone network that employs low-cost IP switching and routing. An all-IP network also makes it easier for carriers to support video streaming using technologies such as IP multicast and IP Quality of Service (IP QoS).

UTStarcom ranked as the second-largest DSLAM provider worldwide by Infonetics Research and Synergy Research in 2002 and in the first quarter of 2003.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding, without limitation, expectations relating to the continued or future relationship between the Company and China Netcom Corporation, are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. The foregoing discussion also contains statements of a third party, including without limitation, statements regarding the anticipated future size and revenues of the global DSLAM market, expectations that IP-based DSLAM`s will be chosen or used in place of ATM-based DSLAMs, and expectations that networks will be engineered or designed with Ethernet and IP technologies that will allow the delivery of IP services such as VPNs, VoIP, and VoD, which are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially These factors include rapidly changing technology, the changing nature of telecommunications, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of IP-DSLAM, general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

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UTStarcom Signs $30 Million Contract With China Netcom Corporation To Expand Deployments of Its IP-Based PAS Systems in the Shandong Province
Wednesday August 13, 4:05 pm ET
Expansion in Eight Cities Further Solidifies UTStarcom`s Dominance In Affluent Province


ALAMEDA, Calif., Aug. 13 /PRNewswire-FirstCall/ -- UTStarcom Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it has signed a contract valued at approximately $30 million with China Netcom Corporation to expand deployments of its IP-based PAS (Personal Access System) (iPAS(TM)) equipment in the Shandong Province of China.
(Logo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"The Shandong Province is one of the most affluent and influential provinces in China and is experiencing tremendous economic growth," said Simon Le, vice president of sales at UTStarcom China. "UTStarcom is not only the leading provider of PAS networks in the province, but also the only provider of Value Added Services (VAS) on a PAS network, which the company feels is an important strategic advantage in its popularity with subscribers."

In addition, UTStarcom has signed a contract with the CNC Shandong Province to provide a province-wide VAS platform covering all of the 17 major cities in the province -- including those covered by UTStarcom`s competitors` networks. This contract ensures that all value-added services are standardized on UTStarcom equipment and further enhances UTStarcom`s competitive position in the province.

About PAS: The People`s Technology

Introduced in China in 1998 as a supplement to fixed-line systems, UTStarcom`s PAS technology gained more than 12.5 million subscribers in China as of June 30, 2003, and commands more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies.

With deployments throughout Mainland China and Taiwan, Vietnam, Thailand, Africa, and soon in the United States, UTStarcom dominates the worldwide PAS market. Merrill Lynch named the company the top PAS manufacturer in October 2002. UTStarcom also earned the top spot in Infonetics Research reports on the worldwide softswitch market in the second, third, and fourth quarters of 2002, and in the first quarter of 2003, and Synergy Research rated UTStarcom second in the worldwide DSLAM sector. Both softswitches and DSLAMs are key technology areas in high-growth markets.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to expand its existing installations of the PAS(TM) systems in various cities in the Shandong Province of China, the expanding telecommunications market in China, increasing demand from subscribers for voice and data networks and capabilities, the Company`s estimate of continued strong revenue growth from China Netcom are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances in the Shandong Province, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

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China Telecom Awards UTStarcom $80 Million Contract to Expand Deployments Of Its IP-Based PAS Systems in the Jiangsu Province
Tuesday September 2, 9:05 am ET
UTStarcom Extends Commanding Presence in Very Competitive Market


ALAMEDA, Calif., Sept. 2 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that it has signed a contract valued at approximately $80 million with China Telecom Corporation to expand deployments of its IP-based PAS (Personal Access System) (iPAS(TM)) equipment in the Jiangsu Province of China. After completion of this expansion, UTStarcom`s PAS networks will have a capacity of more than three million lines. The contract also includes the sale of approximately 500,000 handset units for use in the region.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"Although competition in Jiangsu`s PAS market is fierce, UTStarcom commands the dominant position with deployments in seven of the 13 major cities in the province, including Suzhou, a city of almost six million people and one of the most affluent in the area," said Ying Wu, chief executive officer of UTStarcom China. "In addition, all seven cities deploying UTStarcom PAS services in the Jiangsu Province have now deployed our Value Added Services (VAS) platform which provides subcribers with Web access, short-messaging, and music downloading services, among other applications. This capability is another measure of our differentiation and innovation in the PAS market."

About PAS: The People`s Technology

Introduced in China in 1998 as a supplement to fixed-line systems, UTStarcom`s PAS technology gained more than 12.5 million subscribers in China as of June 30, 2003, and commands more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible IP-based network architecture that can be migrated to future technologies.

With deployments throughout Mainland China and Taiwan, Vietnam, Thailand, Africa, and soon in the United States, UTStarcom dominates the worldwide PAS market. Merrill Lynch named the company the top PAS manufacturer in October 2002. UTStarcom also earned the top spot in Infonetics Research reports on the worldwide softswitch market the first and second quarters of 2003, and was ranked as the number one IP-DSLAM vendor worldwide in the second quarter of 2003. Infonetics Research and Synergy Research rated UTStarcom second in the worldwide DSLAM sector for the first two quarters of 2003. Both softswitches and DSLAMs are key technology areas in high-growth markets.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to expand its existing installations of the PAS(TM) systems in various cities in the Shandong Province of China, the expanding telecommunications market in China, increasing demand from subscribers for voice and data networks and capabilities, the Company`s estimate of continued strong revenue growth from China Netcom are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances in the Shandong Province, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

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UTStarcom Retains Leadership In Worldwide Next-Gen Softswitch And Media Gateway Markets, Says Infonetics Research
Wednesday September 3, 9:05 am ET
Company Accounts for 54 Percent of Next Gen Softswitch Ports and 32 Percent of Media Gateway Ports Shipped in Second Quarter of 2003


ALAMEDA, Calif., Sept. 3 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that for the second quarter of 2003, Infonetics Research has once again named the company the global leader in the next-gen softswitch and media gateway markets.
(Logo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
In the second quarter of 2003, UTStarcom shipped more than 1.3 million softswitch ports, representing 54 percent of all next-gen softswitch ports sold and 32 percent of all media gateway ports sold during this period, according to the report.

"UTStarcom has dominated the next-gen softswitch market for the simple reason that we offer our customers the ability to easily deploy revenue- generating applications within the framework of their existing infrastructure. Our mSwitch(TM) offers the lowest price per port on the market and gives service providers an easy migration to IP," said Hong Lu, president and chief executive officer of UTStarcom, Inc. "While the majority of our softswitch sales have been associated with our PAS solution, we expect to see an increase in mSwitch sales for UTStarcom`s wireline applications in the future."

As reported by Infonetics Research, vendors shipped a total of more than 2.4 million next-gen softswitch ports during the second quarter, up from 1.9 million in the previous quarter. UTStarcom`s sales increased by 58 percent -- up from 45 percent market share in the first quarter of 2003. (Note: According to the report, Infonetics Research implemented a change in methodology, starting in the second quarter of 2003, which made adjustments to UTStarcom`s previously reported market share of 68 percent for 1Q03.)

"Based on Infonetics report for Q2 2003, the Asian market for next-gen voice looks very promising, and in some ways carriers in Asia will blaze the path to IP multimedia services ahead of their North American counterparts; Asia has lower teledensity than other regions, and some service providers will skip legacy voice equipment altogether and deploy next-gen voice equipment," said Kevin Mitchell, directing analyst of Next Gen Voice at Infonetics Research. "UTStarcom has found success in focusing its sales efforts in Asia Pacific, and service providers in these markets continue to be receptive to building their future on IP technologies."

About the mSwitch

The IP-based mSwitch is a cost-effective, flexible, and highly scalable switching infrastructure that supports voice and data services over wireline and wireless networks. Service operators can use the platform to migrate their traditional voice-based DTM networks to a next-generation, IP-based packet switching architecture. Because the mSwitch supports a variety of industry standards and protocols, operators can offer a full gamut of revenue- generating services over one platform. In addition, the low price per port of the mSwitch drives down application-per-subscriber costs and increases operator revenue.

The mSwitch is often bundled into UTStarcom`s IP-based Personal Access System (iPAS(TM)) wireless-access network, which enables operators to offer a complete set of wireline services while migrating to an IP-based wireless network. However, service providers can also deploy the mSwitch as a separate system, and they are increasingly interested in using the mSwitch for additional applications.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding, without limitation, the potential for revenue and product sales in future quarters, the potential impact of the transaction on future earnings and financial results, opportunities to add to the Company`s customer base, increased customer access and accelerated geographic diversity, opportunities to cross-sell existing products to CommWorks` installed customer base, revenue diversification, sources of revenue in future quarters and the stability of such revenue, the provision of a global platform for growth and profitability, a potentially enhanced sales footprint, the anticipated closing date of the transaction, and expansion of future addressable markets are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays, general demand for and acceptance of the Company`s products, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.








UTStarcom Ranked World`s Second-Largest DSLAM Provider
Wednesday September 3, 9:05 am ET
Company Leads IP-DSLAM Market with 62 Percent Market Share


ALAMEDA, Calif., Sept. 3 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced it has been named the world`s second- largest provider of DSLAM products for the second quarter of 2003 in separate reports by Infonetics Research and Synergy Research Group.
(Logo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"UTStarcom remains a top provider in the worldwide DSLAM market and is the leader in the IP-DSLAM market worldwide," said Hong Lu, president and chief executive officer of UTStarcom, Inc. "Our IP-based DSLAM solution continues to be popular with Asian service providers who are eager to deploy an all-IP solution to cost effectively offer additional value-added services. Because IP technology is crucial for maintaining existing customers and winning new subscribers, UTStarcom believes service providers around the world will learn from Asia`s successful investment in all-IP deployments."

According to Infonetics Research, UTStarcom ranked second in the number of worldwide DSLAM ports shipped. In the second quarter, the company shipped more than 794,000 ports, representing approximately 10 percent of the overall DSLAM market. In the IP-DSLAM category, UTStarcom leads with 62 percent of ports shipped and 61 percent of revenue.

"IP-based DSLAMs are gaining significant momentum in the DSL market, especially in Asia Pacific, because of their ability to deliver new IP services such as virtual private networks (VPN), voice-over-IP (VoIP), and video-on-demand (VoD)," said Michael Howard, principal analyst and co-founder of Infonetics Research. "Currently, one out of every six dollars is being spent on IP-DSLAMs, and by 2006, roughly one-third of all DSLAM ports will be on IP-DSLAMs. In contrast, we expect ATM DSLAM revenue to start declining in 2005. North American service providers plan to stop buying ATM DSLAMs in the next few years and the RBOCs have specified migration plans from ATM access to IP/Ethernet access."

In its quarterly worldwide broadband market report, Synergy Research Group found that UTStarcom shipped nearly 796,000 xDSL ports in the second quarter. Even with a seasonal port shipment decrease from the previous quarter, UTStarcom`s port shipment market share was approximately 10 percent, placing it second in the market.

"Despite a decrease in ports shipped compared to the company`s first quarter results, UTStarcom is maintaining its ranking as the second-largest DSLAM provider worldwide in terms of port shipped," said (Stan) Zhiyong Zou, an analyst at Synergy Research Group. "Migrating away from ATM-based technology to invest in IP-DSLAM is the way to go because IP meets the demand for more economical and scalable deployment of high-bandwidth voice, data, and video applications."

Carriers Choosing IP-Based DSLAMs

Carriers around the world are choosing IP- based DSLAMs in place of ATM- based DSLAMs as they architect their networks with Ethernet and IP technologies that will allow for the delivery of new IP services such as VPNs, VoIP, and VoD.

Carriers can use UTStarcom`s AN 2000 IB(TM) IP-DSLAM to migrate their access networks seamlessly and economically from narrowband voice-only services to full broadband capabilities. The company`s platform enables carriers to generate additional revenue by offering customers the triple play of data, voice, and video services over a single copper loop. The AN-2000 IB is economical to deploy, eliminating the need for a costly ATM infrastructure and giving carriers a faster return on their investment.

For more information on Infonetics Research or to purchase the full report, please go to www.infonetics.com. For more information on Synergy Research or to purchase the full report, please go to www.srgresearch.com.

For further information on UTStarcom`s DSLAM solution please visit www.utstar.com.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the demand for broadband access, UTStarcom`s ability help its customers receive a quick return on investment, and provide increased services and functionalities, are forward looking in nature. These risks and factors include rapidly changing technology, the changing nature of the global telecommunications market, the direction and success of future research and development efforts, evolving product and application standards, changes or delays in product deployments and introductions, delays in the development and deployment of the systems, the termination of significant contracts, partnerships or alliances, and uncertainties such as changes in government regulation and licensing requirements worldwide. The Company also refers readers to the risk factors identified in its Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

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UTStarcom`s PAS Subscribers in China Top 15 Million
Monday September 8, 9:05 am ET
Tremendous Consumer Demand for Company`s PAS Services Drives Record Subscriber Additions for the Month of August


ALAMEDA, Calif., Sept. 8 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced another exciting milestone as the number of subscribers using its city-wide Personal Access System (PAS(TM)) in China exceeded the 15 million mark. In fact, in August alone, there were more than 1.5 million PAS subscriber additions on UTStarcom`s networks-an all-time record.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
"This surge in subscriber numbers validates the increasing consumer demand for robust wireless solutions that are both convenient and affordable," said Ying Wu, chief executive officer of UTStarcom China. "We further believe that both China Telecom and China Netcom continue to aggressively deploy PAS because it has proven to be the quickest and most profitable way to bring service to their consumers. UTStarcom is very satisfied with the enormous success of PAS in China and believes that this success can be replicated in many countries throughout the world."

Since its initial launch in January 1999, PAS subscriber numbers have grown from 4,000 in just one city, to being widely adopted throughout Mainland China. In the first half of 2003, PAS accounted for over 40 percent of all the fixed-line subscriber additions in all of China. PAS subscriber numbers are estimated to reach 30 million by the end of 2003 as compared to 12 million at the end of 2002.

About PAS: The People`s Technology

Introduced in China in 1998 as a supplement to fixed-line systems, UTStarcom`s PAS technology gained more than 12.5 million subscribers in China as of June 30, 2003, and commands more than 60 percent of the country`s market share for the sector. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible IP-based network architecture that can be migrated to future technologies.

With deployments throughout Mainland China and Taiwan, Vietnam, Thailand, Africa, and soon in the United States, UTStarcom dominates the worldwide PAS market. Merrill Lynch named the company the top PAS manufacturer in October 2002.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the adoption of the PAS system throughout Mainland China, the Company`s continued overwhelming success, and the operators ability to provide PAS as the quickest and most profitable service are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include, rapidly changing technology, the downturn in telecommunications markets worldwide, the changing nature of China`s telecommunications market, the direction and success of future research and development efforts, particularly with the PAS system, evolving product and application standards, changes or delays in product deployments and introductions, the termination of significant contracts, partnerships or alliances in China and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

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Reuters
UTStarcom says to ship record number of handsets
Wednesday September 24, 9:38 am ET


SAN FRANCISCO, Sept 24 (Reuters) - Network equipment maker UTStarcom Inc.(NasdaqNM:UTSI - News) on Wednesday said shipments of wireless handsets will reach their highest level in the third quarter, with 4.5 million units shipped representing about 50 percent of revenue.
The Alameda, California-based company also said it had signed a $30 million contract to expand a low-cost mobile phone system in Chengdu, China.

UTStarcom said expansion of the network in Chengdu will expand the capacity of its Personal Access System -- a fixed wireless system that hooks up to existing wired phone lines and allows callers to make low-cost wireless calls -- to more than 1.5 million of Chengdu`s 10 million people.

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UTStarcom Growth in China Exceeds Expectations - PAS Subscribers Driving Increased Handset Revenues
Wednesday October 1, 4:07 pm ET
Company Raises Third Quarter and Full-Year 2003 Revenue and Earnings Expectations
Accelerated Subscriber Demand Continues to Drive Long-Term Sustainable Growth For PAS in China


ALAMEDA, Calif., Oct. 1 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a leading global provider of wireless and wireline access and IP switching solutions, today announced that as a result of PAS subscriber additions in China continuing to exceed expectations, the company is raising its revenue and earnings forecast for the third quarter and full-year 2003. In addition, UTStarcom reiterates that bookings continue to be strong, with a book-to-bill ratio above one, and backlog will also grow. The company will also be cash-flow positive for the quarter.
(Photo: http://www.newscom.com/cgi-bin/prnh/20001102/UTSILOGO )
Handset units shipped in the third quarter are anticipated to be approximately 5.0 million, up from the original target of 4.5 million given last week. PAS subscribers on UTStarcom`s networks are anticipated to exceed previous expectations and approach 16.5 million by September 30, 2003.

"For the second time this year, UTStarcom is in the favorable position of raising interim guidance for the third quarter and full-year. We are making important progress in our global markets, but the tremendous subscriber demand for our core PAS systems and handsets in China continues to outstrip even our internal expectations," said Mike Sophie, chief financial officer of UTStarcom, Inc. "For our operators, China Telecom and China Netcom, PAS is the key driver of revenues and profitability; this is evidenced by the fact that now over 43 percent of fixed-line additions in China are under PAS."

"At the same time, we are seeing significant traction and maintaining our leadership positions in the global DSLAM, softswitch, and media gateway markets," Sophie continued. I am pleased to raise our revenue and EPS guidance for both the third quarter and full-year of 2003."

Increased Guidance

Q3 Revenues:
-- Revenues for the third quarter will be in the $570-$580 million range.
This compares to previous guidance of $495-$505 million given on the
second quarter earnings conference call.

Q3 GM%:
-- As a result of continued increasing subscriber growth, handset revenues
will increase as a percentage of the overall revenue mix, from 45% in
Q2 to 57% in Q3; gross margins for the quarter will be in the 32%
range, as compared to 34% given on the second quarter earnings
conference call.

Q3 GAAP EPS:
-- UTStarcom is also raising its GAAP earnings per share guidance to
$0.44-$0.45 for the third quarter. This compares to previous guidance
of $0.42-$0.43 given on the second quarter earnings conference call.

FY 2003 Revenues:
-- Revised Full-Year 2003 revenues will be in the $1.93-$1.94 billion
range. This compares to previous guidance given of $1.8-$1.82 billion.

FY 2003 GAAP EPS
-- GAAP earnings per share will be $1.59-$1.60, as compared to $1.55-$1.56
given in the second quarter conference call.


The balance sheet is expected to be equally strong in the quarter. The company anticipates positive cash-flow and lower inventories with improved inventory turns for the quarter.

Given this is an interim guidance increase, more detailed information will be provided on the third quarter 2003 earnings conference call. The company has entered into a quiet period as of October 1, 2003 and will not be making any further comments on the quarter until earnings on Thursday, October 23, 2003. UTStarcom will give first-time guidance for 2004 on the third quarter conference call but reiterates the belief that long-term revenue and EPS growth rate will be 20-25 percent.

About UTStarcom, Inc.

Founded in 1991 and headquartered in Alameda, California, UTStarcom is a leading global provider of wireless and wireline access and IP switching solutions. The company designs, manufactures, sells, and installs an integrated suite of future-ready access network and next-generation switching solutions. We enable wireless and wireline operators in fast-growth markets worldwide to offer voice, data, and Internet access services rapidly and cost effectively by utilizing their existing infrastructure.

UTStarcom`s products provide a seamless migration from wireline to wireless, from narrowband to broadband, and from circuit- to packet-based networks by employing "Next Generation Network Technology. Now." The company`s customers include public telecommunications service providers that operate wireless and wireline voice and data networks in rapidly growing communications markets around the world.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

This release contains statements that are forward-looking in nature, including statements regarding guidance for revenue and earnings per share for the third quarter and full-year of 2003, and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These risk factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets in China and worldwide, the termination of new contracts, partnerships or alliances, reductions or potential cancellation or non-recognition of backlog and other uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K, its Quarterly Reports on Forms 10-Q and its Current Reports on Form 8-K, as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

8:01AM UTSI: China Telecom Makes Bullish PAS Comments in NYC -- Piper : USB Piper Jaffray says that China Telecom President Chang Xiaobing presented at UBS`s Global Communications Conference yesterday at 3:10 pm, and firm believes his comments resonate positively for UT Starcom on two fronts: 1) China Telecom PAS CAPEX will increase in 2004, and 2) China Telecom expects P.A.S. services to coexist with 3G services following initial 3G deployments in China in 2005 time range. Separately Wednesday, UT Starcom announced it intends to supply PAS subsystems to China`s number-1 fixed line telephone supplier, Qiao Xing Universal Telecom. Firm says this development validates its thesis that P.A.S. is a convergence technology that will become bundled with other services including fixed line, broadband, and PAS together in multi-service equipment.

[panik]

9:29AM Oppenheimer reiterates Buy given fundamental outlook on UTSI (UTSI) 35.14: Oppenheimer reiterates its Buy rating on UTSI and 12-month price target of $48. The firm notes several news accounts suggests the co`s fundamental outlook continues to strengthen. The firm highlights recent comments by an official of UTSI at an investor conference who mentioned China now had 30 mln PAS subscribers, up from 28 mln at the end of Sept and 12 mln in 2002. As a result, the firm notes the co will likely exceed forecasts of "over 30 mln" subscribers at the end of 2003. Oppenheimer considers the co`s shares to be undervalued given its current valuations on 18x expected 2004 earnings, a substantial discount given its average of 29x current year EPS for the past three years. The firm believes secular EPS growth of close to 20% is now likely. Its shares trade at an attractive P/E multiple with a 2004 PEG multiple of about one.. (Briefing.com note: stock currently trading $0.41 higher in pre-market; see 08:01 update for related commentary)

[HUGENEWS]

In der heutigen Börse-online ist ein Artikel über Utstarcom...auf der seite 28!

[panik]

UTStarcom Selected for 3G W-CDMA Field Trial in Beijing with China Netcom
Monday December 15, 9:05 am ET
Official MTNet 3G Field Trials, Led by Ministry of Information Industry, To Begin in February 2004


ALAMEDA, Calif., Dec. 15 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a global leader in IP access networking and services, today announced that China`s Ministry of Information Industry (MII) has selected the company to conduct official field trials of its 3G W-CDMA solution in the capital city of Beijing with China Netcom. The selection follows UTStarcom`s superior performance in the phase one and phase two of MII`s MTNet lab testing from June 2001 to August 2003.

The outdoor field trials, conducted by the MII`s Research Institute of Telecommunications Transmission (RITT) and 3G Technical Trial Expert Group (3GTEG), were officially announced in November 2003, with testing slated to begin in February 2004. The trial requires each participating vendor to provide a 3GPP-compliant commercial system, including a Radio Access Network with wide geographic coverage, and a Core Network with a full complement of commercial network features.

"The MII`s selection of UTStarcom for MTNet outdoor field trials is a tremendous endorsement of the competitive performance of UTStarcom`s 3G technology and will allow us to showcase our leading W-CDMA solution in the capital city of China," said Hong Lu, chief executive officer of UTStarcom, Inc. "UTStarcom has been at the forefront of 3G research since 1997 and will be a major supplier for 3G infrastructure when licenses are awarded. Because our 3G solution is highly complementary to our PAS wireless service infrastructure, both UTStarcom and our operator customers can benefit from a dual-service strategy, marketing 3G services to high-end subscribers in major urban centers, while deploying PAS to satisfy the price-sensitive consumer, which represents the majority market in China."

UTStarcom`s success in the phase one and two lab testing has been well recognized by China Netcom and the MII. As result, UTStarcom has earned the opportunity to work closely with China Netcom in the Beijing field trial.

Multi-Phase Testing by MTNet

From June 2001 through August 2003, UTStarcom participated in the first two phases of the MTNet lab testing, which consisted of indoor technical tests of 3GPP compliance, interface interoperability among different vendors, and various functions and features. The upcoming outdoor trials are expected to last approximately one year and will focus on performance, stability, wide-area RF testing, as well as commercial applications on commercial terminals.

A total of twelve W-CDMA system vendors/partnerships will participate in the field trials. The outdoor trials are open to all operators, which must provide base station sites and backhaul transport facilities. The results of all the systems in all the trial sites will be made available to all operators when testing is complete.

About UTStarcom, Inc.

UTStarcom is a global leader in IP access networking solutions and international service and support. The company sells its wireline, wireless, optical and switching solutions to operators in both fast growth and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in New Jersey, China, and India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com

Forward-Looking Statements

The foregoing statements regarding UTStarcom`s position at the forefront of the technological and competitive landscape with respect to 3G development in China, the timing of the 3G trials and the forecasted date of 3G technology selection in China are forward-looking in nature and subject to risks and factors that may cause actual results to differ materially. These risks and factors include the Company`s ability to successfully develop products incorporating 3G technology, the successful performance of the Company`s products and systems in the 3G trials, delays in the timing of and the overall success of the 3G trials and the Company`s ability to compete with other developers of products and systems that incorporate 3G technology. The Company also refers the readers to the risk factors identified in its registration statement on Form S-3, its annual report on Form 10-K and its quarterly reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

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UTStarcom Signs Contract with FITEL for Expansion of PAS Service to Kaoshong in Southern Taiwan
Tuesday December 16, 9:05 am ET
PAS Service Exceeds 500,000 Subscriber Milestone in Taipei


ALAMEDA, Calif., Dec. 16 /PRNewswire-FirstCall/ -- UTStarcom Inc., (Nasdaq: UTSI - News), the industry leader in the worldwide PAS (Personal Access System) market, today announced that it has signed a $10 million expansion agreement to its existing contract with First International Telecommunications Corporation of Taiwan (FITEL) to offer PAS services in the southern city of Kaoshong. This brings the total value of contracts signed with FITEL to approximately $70 million to date.
ADVERTISEMENT


"Despite the ubiquity of GSM and recent introduction of 3G services in Taiwan, PAS service continues to grow and add more subscribers each month," said Joe Ye, general manager of UTStarcom Taiwan. "This expansion agreement represents a new landmark in PAS expansion in Taiwan, as previous contracts focused solely on deployments in the greater Taipei metropolitan area. We expect to expand PAS services in cities throughout Taiwan and further our successful partnership with FITEL."

Based on the success and profitability of UTStarcom`s PAS services in Taipei, FITEL will now commence service in Kaoshong, a city in southern Taiwan that covers 153,000 square kilometers and has a population of approximately 1.5 million people. Subscribers in Kaoshong will be able to take advantage of PAS` high-quality voice services, as well as advanced data applications including 64- kbps wireless Internet access, e-mail, and English/Chinese short messaging services. UTStarcom PAS subscribers in Taiwan also enjoy roaming capabilities while traveling in Japan, a first for PAS services in the country.

"Although it was introduced into a market saturated with other wireless service offerings, PAS has flourished in Taiwan because of the benefits it provides to both operators and end users," said C.Y. Wu, president of FITEL. "Service providers can deploy PAS with the knowledge that the return on investment is fast, the time to profitability is short, and the deployment and management of the technology is easy. Subscribers benefit from PAS` advanced data services and high-quality voice services, at a reduced cost compared with market alternatives."

Taiwan was one of the first markets outside of Mainland China to deploy UTStarcom PAS technology, despite an in-country GSM penetration rate of over 100 percent. Taipei was the first city in Taiwan to deploy UTStarcom PAS services, launching its initial deployment in June 2001. In a little less than one year, subscriber growth reached 250,000 people and FITEL achieved profitability for the service. There are currently more than 580,000 PHS subscribers in Taipei.

PAS Wireless Network Solutions

UTStarcom`s wireless network solutions enable a rapid network expansion and an easy migration from fixed to wireless networks, enabling service providers to offer wireless voice and data services within a city or community. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies.

With deployments throughout Mainland China and Taiwan, Vietnam, Thailand, Africa, and Latin America, UTStarcom is the leader in the worldwide PAS market.

About FITEL

Founded in 1997, FITEL is a leading provider of telecommunications and data transmission services in Taiwan and Hong Kong, providing mobile paging, mobile data and wireless services. FITEL is a subsidiary of First International Computer Co., a leading PC manufacturer in Taiwan. FITEL was awarded a PHS license in early 2000 and is the first and only PHS operator in Taiwan.

About UTStarcom, Inc.

UTStarcom is a global leader in IP access networking solutions and international service and support. The company sells its wireline, wireless, optical and switching solutions to operators in both fast growth and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in New Jersey, China, and India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding, without limitation, the anticipated activities and results of the expanded partnership with FITEL, and growth of the market for, and prospects for success of, PAS services in Taiwan, are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the rapidly changing nature of Taiwan`s and Asia`s telecommunications markets, possible delays in system deployments or product introductions, possible downturns in the telecommunications markets of Taiwan, Asia generally and worldwide, the termination of new contracts, partnerships or alliances, and other uncertainties, such as changes in government regulation and licensing requirements and economic and political stability, in Taiwan and Asia generally. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K as filed with the Securities and Exchange Commission




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

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UTStarcom Signs $40 Million Expansion Contract With Yahoo! BB in Japan
Wednesday December 17, 9:05 am ET
UTStarcom IP-DSLAM Enables Yahoo! BB to Reach More Than 3.5 Million Broadband Subscribers


ALAMEDA, Calif., Dec. 17 /PRNewswire-FirstCall/ -- UTStarcom, Inc., (Nasdaq: UTSI - News), a global leader in IP access networking and services, today announced that it has signed an expansion contract valued in excess of $40 million with Yahoo! BB, the leading provider of broadband services in Japan. The contract is for further deployments of UTStarcom`s AN-2000 IB(TM), a carrier-class IP-based digital subscriber line access multiplexer (IP-DSLAM) powering Yahoo! BB`s ADSL service.
ADVERTISEMENT


Shipments on this contract are taking place in support of Yahoo! BB`s plan to begin promoting its new 45 Mbps high-speed ADSL service this month, with services expected to launch by the end of January 2004.

"Subscriber demand in Japan for high-value services continues to drive the need for increased broadband speeds and bandwidth," said Masahiko Yabuki, general manager of UTStarcom Japan. "With these additional contracts, UTStarcom`s IP-DLSAM technology will enable Yahoo! BB to meet market demands and continue its phenomenal subscriber growth."

Yahoo! BB: A Japanese Success Story

As the fastest-growing ADSL services vendor in the world, Yahoo! BB reached more than 3.5 million subscribers at the end of November 2003, a little more than two years after the company`s broadband service was introduced to the Japanese market. The company introduced 8 Mbps ADSL data service in September 2001, attracting more than 100,000 subscribers in the first month alone. In July 2002, the 8 Mbps service was supplanted by Japan`s first 12 Mbps service, which also provided subscribers with a personal mailbox, a homepage, and a wide range of value-added services.

Yahoo! BB is the first competitive carrier in the world to surpass the incumbent provider in market share. Yahoo! BB has achieved a dominant share of the DSL market in Japan among residential users, small and medium-sized enterprises, and small office/home office users. With high-speed content delivery made possible by UTStarcom`s AN-2000 IB, Yahoo! BB believes it offers the highest performance of any service provider in Japan.

In early 2002, Yahoo! BB added its voice-over-IP phone service, "BB Phone" to its successful broadband offering. For only $3 per month, subscribers can place calls within the IP network free of charge, while calls terminating outside the network, including calls within Japan as well as international calls, cost only a fraction of competing services. BB Phone subscriber numbers reached more than one million users in less than a year after the service was introduced and currently has approximately 3.3 million subscribers.

About UTStarcom, Inc.

UTStarcom is a global leader in IP access networking solutions and international service and support. The company sells its wireline, wireless, optical and switching solutions to operators in both fast growth and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in New Jersey, China, and India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding, without limitation, the anticipated results of the expanded partnership with Yahoo! BB, expected timing for the promotion and launch of new services by Yahoo! BB, expected shipments by UTStarcom of its products, and anticipated growth in Japan`s market for broadband services and in the number of Yahoo! BB subscribers, are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the rapidly changing nature of Japan`s and Asia`s telecommunications markets, possible delays in system deployments or product introductions, possible downturns in the telecommunications markets of Japan, Asia generally and worldwide, the termination of new contracts, partnerships or alliances, and other uncertainties, such as changes in government regulation and licensing requirements and economic and political stability, in Japan and Asia generally. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K as filed with the Securities and Exchange Commission




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

UTStarcom Signs Expansion Contract for IP-Based PAS Valued at $23 Million With China Telecom Yunnan Province
Wednesday December 17, 4:39 pm ET
Carrier Expands Service for IP-Based PAS Network to Meet Record Subscriber Growth in Rapidly Developing Southwestern Province
Company Drives Innovation in Growing Handset Market


ALAMEDA, Calif., Dec. 17 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a global leader in IP access networking and services, today announced that it has signed an expansion contract valued at approximately $23 million with China Telecom. The contract will enable further deployments of UTStarcom`s IP-based PAS (Personal Access System) (iPAS(TM)) system in the Yunnan province.
ADVERTISEMENT


Driven by record subscriber growth and market demands, this contract marks the sixth successful expansion of the PAS network in the Yunnan Province. Currently, UTStarcom`s network boasts 750,000 subscribers, representing 60 percent of the total PAS users in Yunnan. Upon project completion, the UTStarcom network will have capacity for two million subscribers. In addition, the expansion project will help to optimize the existing network to offer the highest quality of service and improve coverage.

"This expansion contract is testimony of UTStarcom`s competitive advantage throughout China, and further evidence of a continuous and successful relationship between China Telecom and UTStarcom," said Simon Le, vice president of sales for UTStarcom. "UTStarcom is the key provider of PAS technology. In addition, because of UTStarcom`s cost advantages, superior service, and brand name recognition, we maintain our lead in handset market share, despite the emergence of competitors."

PAS continues to be a key driver of business for China Telecom in the Yunnan province. As of November 2003, PAS subscribers represented approximately one quarter of total fixed-line users.

PAS Demand Drives Handset Market

The demand for PAS services is driving the PAS handset market. PAS subscribers are currently targeted to reach 60 to 70 million users by the end of 2004, and UTStarcom will continue to dominate the handset competition with innovative features, functions, and quality, while keeping the cost to the consumer to a minimum.

UTStarcom enjoys exclusive key advantages over competitors, such as a successful relationship with PAS component suppliers in Japan; low-cost research and development of PAS handsets, which takes place in China; brand recognition due in part to the immense success of the LittleSmart handset; and a vast variety of handsets offered by UTStarcom that meets consumers` low-end needs with basic functionality to higher-end demands, such as built-in cameras. As the dominant supplier of infrastructure equipment, UTStarcom also has the unique ability to leverage handset sales with infrastructure sales to China Telecom and China Netcom, the leading wireless and wireline operators in China.

About UTStarcom, Inc.

UTStarcom is a global leader in IP access networking solutions and international service and support. The company sells its wireline, wireless, optical and switching solutions to operators in both fast growth and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in New Jersey, China, and India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the evolution, expansion or deployment of PAS in provinces including Yunnan, the ability for operators to obtain a quicker return on their investment and offer additional revenue-generating services and the ability to integrate PAS systems with future 3G and broadband technologies are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances, reductions or potential cancellation or non-recognition of backlog, and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[NoamX]

Alleinunterhalter?

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UTStarcom Signs Expansion Contracts in Vietnam for Its IP-Based PAS Systems
Monday December 22, 9:05 am ET
UTStarcom Expands Presence and Launches Value-Added Services Platform in Hanoi and Ho Chi Minh


ALAMEDA, Calif., Dec. 22 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a global leader in IP access networking and services, today announced that it has signed an expansion contract with Vietnam Post and Telecommunications (VNPT) valued in excess of U.S. $10 million. Under the terms of this contract, UTStarcom will expand deployments of its IP-based PAS (Personal Access System) (iPAS(TM)) citywide wireless access system in Hanoi and Ho Chi Minh, the two largest cities in Vietnam.
ADVERTISEMENT


"UTStarcom is extremely pleased with the development in Vietnam and views this expansion contract as an opportunity to build on our initial success and the strength of our relationship with VNPT," said Nguyen Minh Duc, general manager of UTStarcom, Vietnam. "Based on this initial success, UTStarcom expects to continue to work very closely with VNPT to extend iPAS service to additional cities throughout Vietnam. We are confident that our company`s solutions will make a positive difference in Vietnam, and that we can replicate the tremendous success that UTStarcom has achieved in China with our partner, VNPT, in Vietnam. We believe that there is no other company at this time that can provide more cost-effective telephony solutions for VNPT than UTStarcom."

VNPT officially launched iPAS service under the "Cityphone" brand name in Hanoi in December 2002 and in Ho Chi Minh in February 2003. To date, VNPT has attracted nearly 50,000 subscribers to its networks. In addition, the "Cityphone" iPAS service now includes value-added data services (VAS) such as short messaging and multi-media messaging. These new value-added services are interoperable with VNPT`s GSM network and 64kbps wireless Internet access via the handset, laptop computer, or personal digital assistant. VNPT also offers pre-paid services to its customers. VNPT is working with UTStarcom to launch six new handset models in 2004 in Vietnam, including a high-end, dual-mode handset that operates on VNPT`s GSM and PAS networks.

With a population of approximately 80 million people, Vietnam has an annual economic growth rate of nearly seven percent and a fixed-line teledensity rate of less than five percent. This compares with 70 percent teledensity in the United States, 60 percent teledensity in most of Western Europe, and approximately 20 percent teledensity in China. More than half of the population in Vietnam is under 20 years of age, and there is a high demand for next-generation telecommunications services. In fact, according to the International Telecommunications Union, Vietnam is second only to China among high-growth rate telecommunications markets. Telecommunications development is considered by the Vietnamese government to be one of the country`s keys to economic growth and is therefore considered a high priority in the economic development agenda.

PAS Wireless Access Solutions

UTStarcom`s wireless network solutions enable a rapid network expansion and an easy migration from fixed to wireless networks, enabling service providers to offer wireless voice and data services within a city or community. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies.

With deployments throughout Mainland China and Taiwan, Vietnam, Thailand, Africa, Latin America, and soon in the United States, UTStarcom is the leader in the worldwide PAS market.

About Vietnam Post and Telecommunications Corporation (VNPT)

VNPT, which is the largest telecommunications operator in Vietnam, is a state-owned enterprise operating the national backbone network that connects the provincial operating companies. Headquartered in Hanoi, VNPT was established by the Vietnamese government in 1995 as a state-owned corporation operating on a nationwide basis. VNPT is capitalized at VND 2,501,369 million.

About UTStarcom, Inc.

UTStarcom is a global leader in IP access networking solutions and international service and support. The company sells its wireline, wireless, optical and switching solutions to operators in both fast growth and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in New Jersey, China, and India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding, without limitation, the anticipated activities and results of the expanded partnership with VNPT, the potential growth of the market for, and prospects for success of, PAS services in Vietnam, the Company`s execution of its strategy, including without limitation, statements concerning the significance and impact of the Company`s contracts and products in Vietnam, the Company`s ability to replicate any iPAS success it has achieved in China or other markets, the expected launch date and capabilities of the IPAS(TM) system to be deployed in Vietnam, and the success of the Company`s deployments in Vietnam, are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. In particular, further sales of IPAS(TM) are unpredictable, and the Company faces intense competition as well as economic, political, regulatory and legal risks relating to its multi-national operations. Other risks include rapidly changing technology, the rapidly changing nature of Vietnam`s and Asia`s telecommunications markets, possible delays in system deployments or product introductions, possible downturns in the telecommunications markets of Vietnam, Asia generally and worldwide, and the termination of new contracts, partnerships or alliances. These risks could adversely impact the Company`s ability to expand in Vietnam and in other markets. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K as filed with the Securities and Exchange Commission.




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UTStarcom Signs Contract With China Telecom for Deployment of 220,000 Lines Of IP-DSLAM
Wednesday January 7, 9:05 am ET
Total Number of Broadband Subscribers More Than Doubles to Nearly 12 Million In China in 2003


ALAMEDA, Calif., Jan. 7 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a global leader in IP access networking and services, today announced that it has won a contract with China Telecom Corporation (CTC) to deploy 220,000 lines of its AN-2000 IB IP-DSLAM solution. This contract follows a recent contract with CTC for a deployment of 200,000 lines in select provinces throughout China.
(Photo: http://www.newscom.com/cgi-bin/prnh/20031229/UTSLOGO )
"This contract reconfirms China Telecom`s confidence in UTStarcom and our DSLAM solutions. UTStarcom is a which are a worldwide leader for pure IP- DSLAM deployments," said Jack Wu, vice president of broadband, optical and switching for UTStarcom China. "UTStarcom will partner with China Telecom to deliver superior ADSL broadband services to an additional 220,000 subscribers, and plans to build on this successful partnership throughout 2004."

The deployment of these IP-DSLAM lines highlights a shift for China from ATM-based to IP-based DSLAM networks and a movement from narrowband to broadband, a major trend in China`s wireline market. According to BDA, a leading Chinese industry research group, total broadband users in China have more than doubled in 2003, from five million to nearly 12 million users. In addition, the number of IP-DSLAM lines as a percentage of total DSLAM lines deployed in 2003 was approximately 15 percent, a significant increase from 2002. UTStarcom expects this percentage to increase to nearly 50 percent in 2004.

About UTStarcom`s IP-DSLAM Products

Carriers can use UTStarcom`s AN-2000 IB IP-DSLAM to migrate their access networks seamlessly and economically from narrowband voice-only services to full broadband capabilities. The company`s platform enables carriers to generate additional revenue by offering customers the triple play of data, voice, and video services over a single copper loop. The AN-2000 IB is economical to deploy, eliminating the need for a costly ATM infrastructure and giving carriers a faster return on their investment.

The AN-2000 IB IP-DSLAM provides IP from the ADSL line card, allowing carriers to deliver multiple high-speed services such as voice-over-IP and video over a backbone network that employs low-cost IP switching and routing. An all-IP network also makes it easier for carriers to support video streaming using technologies such as IP multicast and IP Quality of Service (IP QoS).

About UTStarcom, Inc.

UTStarcom is a global leader in IP access networking solutions and international service and support. The company sells its wireline, wireless, optical and switching solutions to operators in both fast growth and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in New Jersey, China, and India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the impact of the China Telecom agreement and related deployment on the Company`s competitive position, the rate of market acceptance of its IP-DSLAM offerings, the likelihood and speed of the migration to broadband platforms in China, anticipated customer demand for greater bandwidth and for the Company`s products, the rate of growth of such markets, the number of users in China who are expected to choose IP-based ADSL for broadband access, the Company`s ability to deliver solutions over existing wireline networks, the ability of operators to achieve faster returns using the Company`s technology, the Company`s ability to continue to win business, and the success and continuation of the Company`s deployments and field trials are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of its products, general demand for and acceptance of the Company`s products and technology, competitive pricing pressure leading to declines in gross margins, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




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Source: UTStarcom, Inc.

[ROTEBLITZ]

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UTStarcom Announces Preliminary Q4 2003 Results
Thursday January 8, 5:28 pm ET
Company to Report Fourth Quarter and Full-Year 2003 Earnings on January 22, 2004


ALAMEDA, Calif., Jan. 8 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a global leader in IP access networking and services, today released preliminary Q4 2003 financial results.
The Company is currently in the process of its year-end audit, but anticipates the following Q4 results:

-- Revenues of $640-$645 million versus previous guidance of $630-$640
million.
-- GAAP Earnings per Share of $0.50-$0.51 versus previous guidance of
$0.49-$0.50.


The Company will report Q4 and full-year results and give updated 2004 guidance on January 22, 2004.

About UTStarcom, Inc.

UTStarcom is a global leader in IP access networking solutions and international service and support. The company sells its wireline, wireless, optical and switching solutions to operators in both fast growth and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in New Jersey, China, and India.

(Logo: http://www.newscom.com/cgi-bin/prnh/20031229/UTSLOGO )
Forward-Looking Statements

This announcement includes forward-looking statements. UTStarcom has based these forward-looking statements on its current expectations and projections about future events. Although UTStarcom believes that its assumptions made in connection with the forward-looking statements are reasonable, no assurances can be given that its assumptions and expectations will prove to have been correct. These forward-looking statements are subject to various risks, uncertainties and assumptions. UTStarcom undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this announcement might not occur.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[Ebro]

UTStarcom Sells 12.1 Million Shares of Common Stock to Banc of America Securities LLC

ALAMEDA, Calif., Jan 08, 2004 /PRNewswire-FirstCall via Comtex/ -- UTStarcom, Inc. (Nasdaq: UTSI), a global leader in IP access networking and services, today announced that it has agreed to sell 12.1 million shares of its common stock to Banc of America Securities LLC. The Company has also granted Banc of America Securities LLC an over-allotment option to purchase an additional 1.8 million shares of its common stock.

Use of Proceeds

UTStarcom intends to use the proceeds of this transaction (excluding any over-allotment option) from the offering for strategic and general corporate purposes such as, but not limited to, acquisitions, investments, working capital or capital expenditures.

The shares will be issued pursuant to an effective shelf registration statement that was previously filed with the Securities and Exchange Commission. This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

A copy of the prospectus relating to these securities may be obtained from: Banc of America Securities LLC, 9 West 57th Street, 40th Floor, New York, NY 10019.

SOURCE UTStarcom, Inc.

Ebro

[panik]

1:39PM UTSI spikes on reports Chinese co`s to sign $200 mln contracts : Reuters is running headlines that Chinese co`s are set to sign $2 bln worth of contracts, that UTSI will announce a contract worth $200 mln, and that Motorola will announce two contracts worth more than $1 bln.

[Ebro]

@ all

Q4 Eregebnisse und Conference call für UTSI


UTStarcom to Release Fourth Quarter and 2003 Year-End Earnings On January 22, 2004

ALAMEDA, Calif., Jan 15, 2004 /PRNewswire-FirstCall via Comtex/ -- UTStarcom, Inc. (Nasdaq: UTSI), a global leader in IP access networking and services, today announced that it will release its fourth quarter and full-year 2003 financial results after the close of the market on Thursday, January 22, 2004.

The company will conduct a conference call, which is open to the public, to discuss these results. The call will take place at 1:30 p.m. (PST). The conference call dial-in numbers are as follows: United States -- 888-398-3046; International -- 706-634-2492.

A replay of the call will be available from approximately 5:00 p.m. (PST) on January 22, 2004 to 11:59 p.m. (PST) on January 29, 2004. The conference call replay numbers are as follows: United States -- 800-642-1687; International -- 706-645-9291. The access code is 4810391.

Investors will also have the opportunity to listen to the conference call and the replay over the Internet through UTStarcom`s Web site at: http://www.utstar.com .

To listen to the live call, please go to the Web site at least 15 minutes early to register, and to download and install any necessary audio software. For those who cannot listen to the live broadcast, a replay will also be available on this site.

SOURCE UTStarcom, Inc.

Ebro

[panik]

UTStarcom Fourth Quarter and Full-Year 2003 Results: Company Achieves Sixteenth Quarter of Record Revenues and Earnings
Thursday January 22, 4:07 pm ET
100 Percent Year-Over-Year Revenue Growth, Record Backlog of $1.06 Billion, and Positive Cash Flow from Operations Highlight the Best Quarter in UTStarcom`s History
Company Raises GAAP EPS Guidance for First Quarter and Full-Year 2004


ALAMEDA, Calif., Jan. 22 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a global leader in IP access networking and services, today reported record revenues and earnings for its fourth quarter and full-year ended December 31, 2003.
(Logo: http://www.newscom.com/cgi-bin/prnh/20031229/UTSLOGO )
The company will conduct a conference call today, Thursday, January 22, to discuss these results. The call will take place at 1:30 p.m. PST. (Please see Conference Call section below for dial-in numbers.)

"It is my privilege to report record performance for UTStarcom for the fourth quarter and full-year 2003," said Hong Lu, chief executive officer of UTStarcom. "Our continued ability to deliver market-leading products to our customers and value to our shareholders is a testament to the strength of our technological innovation and dedication. UTStarcom continues to produce affordable, revenue-generating IP-based telecommunications and networking products for service providers around the world. Although our core business remains in China, UTStarcom serves customers in developing markets in Asia, Latin America and Africa, in addition to more established customers in North America and Europe."

Net sales for the fourth quarter of 2003 were $643.6 million, an increase of 114 percent over net sales of $301.1 million reported in the fourth quarter of 2002. Full-year net sales increased to $1.96 billion, an increase of 100 percent over net sales of $981.8 million reported in 2002.

Net income for the fourth quarter of 2003 was $66.4 million, or $0.52 per share, compared to net income of $33.9 million, or $0.30 per share, for the fourth quarter of 2002, an increase in net income of 96 percent year-over-year. Net income for the full-year 2003 was $202.3 million, or $1.64 per share, as compared to $107.9 million, or $0.94 per share, in 2002, representing an increase in net income of 87 percent year-over-year.

Operating cash flow from operations was positive $47.4 million for the fourth quarter and positive $50.0 million for the full-year 2003.

Backlog at the end of 2003 was $1.06 billion, an increase of 75 percent over the $605.4 million backlog reported at the end of 2002.

"The record year-end backlog of over $1 billion, combined with the announcement last week of a $200 million dollar contract with China Telecom, which is incremental to that backlog, gives us a tremendous amount of visibility in 2004," said Mike Sophie, senior vice president and chief financial officer of UTStarcom Inc. "In addition, handsets only represent approximately 11 percent of backlog, but are typically between 40 to 50 percent of revenues due to the book-and-ship nature of handset sales. Therefore we expect significant additional handset bookings and revenues throughout 2004 which increases our confidence in guidance. Finally, the cash that we raised in our recent equity offering puts us in a strong position to aggressively pursue strategic initiatives to increase shareholder value throughout 2004."

2004 Guidance:
Q1 Revenues:

-- Revenues for the first quarter are anticipated to be approximately
$570-580 million. With 7-8% anticipated sequential increase targeted
each quarter for the balance of the year.

Q1 GAAP EPS:

-- GAAP earnings per share for the first quarter is targeted at $0.38,
inclusive of $0.03 dilution associated with the equity offering.

FY 2004 Revenues:

-- Full-Year 2004 revenues are anticipated to be in the range of $2.5 to
$2.55 Billion.

FY 2004 GAAP EPS

-- GAAP earnings per share for the full-year 2004 is expected to be in the
range of $1.90-$1.94, up from previous guidance given of $1.87-$1.92 on
January 9, 2004.

Q4 2003 Highlights
Stellar Financial Performance

-- Logged 16th quarter of record revenues and profitability since March
2000 IPO
-- Fourth quarter 2003 revenues of $643.6 million, 114% year-over-year
growth
-- Full-Year 2003 revenues of $1.96 billion, 100% year-over-year growth
-- Fourth quarter 2003 GAAP EPS $0.52, 73% year-over-year growth
-- Full-Year 2003 GAAP EPS of $1.64, 74% year-over-year growth
-- Generated $47.4 million positive cash-flow from operations for the
quarter and $50.0 million positive cash-flow from operations for the
year
-- Record Year-End backlog of $1.06 Billion

Global Leadership
-- In China, the number of subscribers on UTStarcom`s PAS networks reached
21 million at the end of Q4, while total PAS subscribers in the China
market is approximately 35 million
-- Subscriber base for Yahoo! BB in Japan continues to grow, with more
than 3.8 million subscribers for broadband service and approximately
3.3 million for the BB Phone service.
-- UTStarcom maintains the largest all-IP network in the world.

Strategic International Expansion

-- Signed $40 million expansion contract with Yahoo! BB for additional
IP-DSLAM deployments
-- Expanded contract with FITEL to offer PAS services in southern Taiwan
-- Announced contract with Multifon to offer PAS service in Honduras
-- Announced plans for strategic development in North and South America

Recent Accolades

-- Ranked #1 "Fastest Growing Technology Companies of 2003" in Business
2.0
-- Selected as World Economic Forum Technology Pioneer for 2004


Conference Call

The company will conduct a conference call, which is open to the public, to discuss these results. The call will take place at 1:30 p.m. (PST) today, January 22. The conference call dial-in numbers are as follows: United States -- 888-398-3046; International -- 706-634-2492.

A replay of the call will be available from approximately 5:30 p.m. (PST) on January 22, 2004 to 11:59 p.m. (PST) on January 29, 2004. The conference call replay numbers are as follows: United States -- 800-642-1687; International -- 706-645-9291. The Access Code is 4810391.

Investors will also have the opportunity to listen to the conference call and the replay over the Internet through UTStarcom`s Web site at: http://www.utstar.com

To listen to the live call, please go to the Web site at least 15 minutes early to register, and to download and install any necessary audio software. For those who cannot listen to the live broadcast, a replay will also be available on this site.

About UTStarcom, Inc.

UTStarcom is a global leader in IP access networking solutions and international service and support. The company sells its wireline, wireless, optical and switching solutions to operators in both fast growth and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in New Jersey, China, and India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

This release includes forward-looking statements, including the foregoing statements regarding continued strength of the Company`s business in China and in international markets as well as across product lines, the Company`s ability to replicate its success in China in international markets, anticipated revenue attributable to particular product lines, and the guidance given for anticipated revenue and earnings per share for the first quarter and full-year of 2004. These statements are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These risk factors include rapidly changing technology, the changing nature of global telecommunications markets, particularly in China, the termination of significant contracts, the direction and results of future research and development efforts, evolving product and applications standards, reduction or delays in system deployments, product transitions, potential non-realization of backlog, changes in demand for and acceptance of the Company`s products, general adverse economic conditions, and trends and uncertainties such as changes in government regulation and licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, as filed with the Securities and Exchange Commission.

UTStarcom, Inc.
Consolidated Statements of Operations
(In thousands, except per share amounts)
(Unaudited)

Three months ended Twelve months ended
Dec 31, Dec. 31, Dec. 31, Dec.31,
2003 2002* 2003 2002*

Net sales $643,596 $301,095 $1,964,332 $981,806

Cost of sales 443,719 199,994 1,328,164 636,334
Gross profit 199,877 101,101 636,168 345,472

Operating expenses:
Selling, general and
administrative 57,211 28,475 187,128 110,263
Research and development 47,639 22,657 155,252 86,182
In process research and
development (123) -- 10,686 670
Amortization of intangible
assets 3,111 631 8,370 2,395
Total operating expenses 107,838 51,763 361,436 199,510

Operating income 92,039 49,338 274,732 145,962

Interest and other income
(expenses) (2,530) (3,912) 297 (5,637)
Equity in loss of affiliated
companies (980) (3,109) (5,260) (4,053)
Income before income taxes and
minority interest 88,529 42,317 269,769 136,272
Income tax expense 22,132 8,464 67,442 27,254
Minority interest in earnings of
consolidated subsidiaries (41) -- (76) (1,156)

Net income $66,356 $33,853 $202,251 $107,862


Basic earnings per share $0.64 $0.32 $1.95 $0.98


Diluted earnings per share $0.52 $0.30 $1.64 $0.94

Weighted average shares used in
per-share calculation:
- Basic 103,814 106,621 103,659 109,566
- Diluted 129,672 111,233 124,909 114,407

Three months ended Twelve months ended
Dec 31, Dec. 31, Dec. 31, Dec.31,
2003 2002* 2003 2002*

1. The above unaudited financial
statements include the
following non-cash expenses:
Cost of Sales $1 $1 $6 $19
Selling, general and
administrative 9 61 238 1,237
Research and development 1,056 453 4,058 1,843
Total stock compensation expense $1,066 $515 $4,302 $3,099

Amortization of intangible
assets $3,111 $631 $8,370 $2,395

In-process research and
development $(123) $-- $10,686 $670

Impairment in investment
portfolio $(348) $4,406 $(349) $7,230

2. Earnings per share

Basic earnings per share
Income available to common
stockholders $66,356 $33,853 $202,251 $107,862

Effect of Dilutive Securities
7/8% Convertible Subordinated
Notes 617 -- 3,090 --

Diluted earnings per share
Income available to common
stockholders + assumed
conversions $66,973 $33,853 $205,341 $107,862

* Certain reclassifications have been made to prior year balances in
order to conform to the current year presentation


UTStarcom, Inc.
Consolidated Balance Sheets
(In thousands)
(Unaudited)

December 31, December 31,
2003 2002*
(unaudited)
ASSETS
Current assets:
Cash, cash equivalents and
short-term investment $422,591 $339,249
Accounts receivable, net 368,865 222,050
Notes receivable 11,362 12,048
Inventories, net 298,467 183,687
Deferred costs/Inventories at
customer sites under contracts 517,548 240,979
Prepaid expenses 136,262 47,220
Restricted cash 24,404 21,251
Other current assets 52,408 40,888
Total current assets 1,831,907 1,107,372
Property, plant and equipment, net 186,076 93,980
Long-term investments 24,066 35,360
Goodwill and intangible assets, net 145,933 49,820
Other long term assets 38,976 19,020
Total assets $2,226,958 $1,305,552

LIABILITIES AND STOCKHOLDERS` EQUITY
Current liabilities:
Accounts payable $251,176 $256,980
Debt 1 --
Income taxes payable 16,780 13,003
Deferred revenue 503,612 164,247
Other 173,138 104,927
Total current liabilities 944,707 539,157

Long-term debt 402,500 --
Minority interest in consolidated
subsidiaries 560 --
Stockholders` equity:
Common stock 131 135
Additional paid-in capital 653,624 658,546
Deferred stock compensation (7,761) (11,766)
Retained earnings 229,777 120,520
Receivable from shareholders -- (282)
Other comprehensive income/(loss) 3,420 (758)
Total stockholders` equity 879,191 766,395

Total liabilities and
stockholders` equity $2,226,958 $1,305,552


December 31, December 31,
2003 2002*
(unaudited)
Inventories are made up of the
following:

Inventories at factories $207,504 $143,684
Inventories at customer sites 90,963 40,003
Inventories at customer sites
under contracts 517,548 240,979


Total inventories $816,015 $424,666

* Certain reclassifications have been made to prior year balances in
order to conform to the current year presentation




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

UTStarcom Signs $40 Million Contract With China Netcom to Expand IP-Based PAS Deployment in Shandong Province
Wednesday February 4, 9:05 am ET
Consistent Demand for `Little Smart` Services Results in Sixth Expansion Of PAS Network in China Since 1999


ALAMEDA, Calif., Feb. 4 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a global leader in IP access networking and services, today announced a new contract with China Netcom Corporation valued at approximately $40 million for additional deployments of its IP-based PAS (Personal Access System) (iPAS(TM)) equipment in China`s Shandong province.
(Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20031229/UTSLOGO )
According to the terms of the contract, China Netcom will expand and optimize its PAS platform in eight cities in the province. In addition, the contract includes a core network upgrade from PAS to iPAS, based on the Company`s Softswitch platform, which is essential to offering unified services within the province. Upon completion of the deployment, the iPAS network in Shandong will not only be more efficient, but will also facilitate continued growth of China Netcom in the province.

"Market demand for PAS and UTStarcom`s `Little Smart` service in Shandong continues to grow each month as more subscribers sign on for service," said Johnny Chou, president and chief operating officer of UTStarcom China. "More than 2.5 million people in Shandong have subscribed for PAS service since 1999, and this contract will facilitate more subscriber growth in the future, as well as improve the quality of the service."

UTStarcom`s value-added services platform, which includes applications such as bilingual short messaging service (SMS), multi-media messaging service (MMS), 64Kbps Internet service and email functionality, has made the already successful PAS voice service even more enticing to subscribers in the province. China Netcom`s C-Mode services are currently available in 17 cities in Shandong, with a total number of subscribers at more than 140,000. Subscribership for the C-Mode service has increased more than 100 percent each month since early 2003. Average usage per subscriber of the service is approximately 150 minutes a month, which produces a $2 increase to average revenue per user (ARPU) for each C-Mode subscriber.

PAS Wireless Access Solutions

UTStarcom`s wireless network solutions enable a rapid network expansion and an easy migration from fixed to wireless networks, enabling service providers to offer wireless voice and data services within a city or community. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies.

With deployments throughout Mainland China and Taiwan, Vietnam, Thailand, Africa, Latin America, and soon in the United States, UTStarcom is the leader in the worldwide PAS market.

About UTStarcom, Inc.

UTStarcom is a global leader in IP access networking solutions and international service and support. The company sells its wireline, wireless, optical and switching solutions to operators in both fast growth and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in New Jersey, China, and India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to expand and optimize its existing installations of the PAS(TM) systems in various cities in the Shandong Provinces of China, the expanding telecommunications market in China, increasing demand from subscribers for voice and data networks and capabilities, are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances in the Shandong Province, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

7:02AM UTSI: UTStarcom mentioned favorably in Barron`s Online 33.92: Barron`s Online highlights UTSI, whose sales in China helped it double revenues in 2003. China, whose economy grew by 9% last year, represented about 85% of UTStarcom`s 2003 sales. Japan comprised another 10%, and the rest was scattered around the world. "UTStarcom is attacking the highest GDP-growing and fastest-growing telecom market," says Joe Noel, analyst at Pacific Growth Equities. Many Chinese use P.A.S. (Personal Access Service) as a fixed-line substitute, because people can wait about ten years for a home phone there. With dominant market share in a country that`s hungry for cheap, efficient telecom service, the co should continue to grow nicely. Forrester Research expects the number of P.A.S. subscribers to grow by 35% annually over the next several years. UTStarcom`s margins slid nearly three percentage points, to 32.4% last year, largely because of the emergence of local rivals in PAS handset production. But Noel believes UTSI can stem a more than ten-percentage-point loss in market share (to 60%) and keep handsets` margins in the low 20% range, from 25% in the fourth quarter. It plans to keep costs down and release about 20 new models this year.

[panik]

UTStarcom Signs Contract With China Netcom For Deployment of 110,000 Lines of IP-DSLAM
Tuesday February 10, 9:05 am ET
China Netcom Targets to Extend Broadband Services to Five Million Subscribers in 2004


ALAMEDA, Calif., Feb. 10 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a global leader in IP access networking and services, today announced a contract win with China Netcom Corporation (CNC) to deploy 110,000 lines of its AN 2000 IB IP-DSLAM solution. This contract is part of China Netcom`s aggressive plans to extend broadband services to five million subscribers in 2004.
(Photo: http://www.newscom.com/cgi-bin/prnh/20031229/UTSLOGO )
UTStarcom maintains the largest all-IP network in the world, with approximately 5 million lines of IP deployed to date. This latest contract win with China Netcom illustrates UTStarcom`s consistent successful efforts to be a leading DSL equipment provider in China.

"Our repeat IP-DSLAM contract wins and our experience in building the largest IP networks position UTStarcom as the leader in IP-DSLAM deployments, and also exemplifies the gaining importance of DSL," said Jack Wu, vice president of broadband business at UTStarcom China. "UTStarcom is not only leading the trend from ATM to IP-based DSLAM, but is also helping operators to offer competitive bundled service solutions on the broadband platform, including voice and television over IP (TVoIP)."

The market for IP-DSLAM solutions in China continues its rapid progression. According to recent research conducted by iResearch, China`s broadband users reached 13.8 million at the end of 2003, and are expected to reach 24 million by the end of 2004.

Carriers Choosing IP-Based DSLAMs

Carriers around the world are choosing IP-based DSLAMs in place of ATM-based DSLAMs as they architect their networks with Ethernet and IP technologies that will allow for the delivery of new IP services such as VPNs, VoIP, and VoD.

Carriers can use UTStarcom`s AN 2000 IB(TM) IP-DSLAM to migrate their access networks seamlessly and economically from narrowband voice-only services to full broadband capabilities. The company`s platform enables carriers to generate additional revenue by offering customers the triple play of data, voice, and video services over a single copper loop. The AN-2000 IB is economical to deploy, eliminating the need for a costly ATM infrastructure and giving carriers a faster return on their investment.

About UTStarcom, Inc.

UTStarcom is a global leader in IP access networking solutions and international service and support. The company sells its wireline, wireless, optical and switching solutions to operators in both fast growth and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in New Jersey, China, and India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the impact of the China Netcom agreement and related deployment on the Company`s competitive position, the rate of market acceptance of its DSLAM offerings, the likelihood and speed of the migration to broadband platforms in China, anticipated customer demand for greater bandwidth and for the Company`s products, the rate of growth of such markets, the number of users in China who are expected to choose ADSL for broadband access, the Company`s ability to deliver solutions over existing wireline networks, the ability of operators to achieve faster returns using the Company`s technology, the Company`s ability to continue to win business, and the success and continuation of the Company`s deployments and field trials are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of telecommunications, particularly in China, cancellations of key partnerships and alliances, the direction of future research and development efforts, evolving product and applications standards, delays in the deployment of its products, general demand for and acceptance of the Company`s products and technology, competitive pricing pressure leading to declines in gross margins, non-recognition of backlog and uncertainties such as changes in government regulation or licensing requirements, particularly in China. The Company also refers readers to the risk factors identified in its latest Registration Statement on Form S-3, Annual Report on Form 10-K and Quarterly Reports on Form 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

UTStarcom Signs $32 Million IP-Based PAS Expansion Contract with Henan China Netcom
Tuesday February 10, 9:05 am ET
Explosive Demand for PAS Services Results in Fourth and Largest Expansion Project in Province


ALAMEDA, Calif., Feb 10 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a global leader in IP access networking and services, today announced that it has signed a contract with China Netcom Group (CNC) valued at $32 million to expand its IP-based PAS (Personal Access System) (iPAS(TM)) platform in nine cities in China`s Henan province.
(Logo: http://www.newscom.com/cgi-bin/prnh/20031229/UTSLOGO )
"Local operators in China understand the long-term benefits of PAS and are eager to enhance their networks to provide greater platform efficiency for present subscribers, as well as to give even more incentive to future PAS users," said Simon Le, vice president of sales for UTStarcom China. "This is the largest of the province`s expansion projects, solidifying that PAS continues to be a major investment opportunity in the Henan province and throughout the rest of China."

Because of record subscriber growth and vast market potential, local operators are seizing the opportunity created by the strong demand for iPAS services and moving forward with the largest network expansion project in the province. This is the fourth iPAS network expansion since PAS service was introduced in Henan. According to China Netcom, iPAS users in Henan exceeded 1.7 million at the end of 2003, which represents approximately 180 percent year over year growth. Net subscriber additions on iPAS accounted for about 50 percent of total fixed-line subscribers. In 2003, iPAS was one of the most important sources of revenue for local operators, and subscriber rates are expected to continue to grow in 2004.

Explosive PAS subscriber growth in Henan was boosted in part by short messaging service (SMS), which recently gained interconnectivity within CNC`s PAS networks in 10 provinces in China`s North region. In addition, SMS interconnection between PAS and GSM/CDMA based mobile service is scheduled to begin in March, which will give PAS users greater usage and flexibility.

PAS Wireless Access Solutions

UTStarcom`s wireless network solutions enable a rapid network expansion and an easy migration from fixed to wireless networks, enabling service providers to offer wireless voice and data services within a city or community. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies. With deployments throughout Mainland China and Taiwan, Vietnam, Thailand, Africa and Latin America, UTStarcom is the leader in the worldwide PAS market.

About UTStarcom, Inc.

UTStarcom is a global leader in IP access networking solutions and international service and support. The company sells its wireline, wireless, optical and switching solutions to operators in both fast growth and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in New Jersey, China, and India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the Company`s ability to expand and optimize its existing installations of the PAS(TM) systems in various cities in the Henan province of China, the expanding telecommunications market in China, increasing demand from subscribers for voice and data networks and capabilities, are forward-looking in nature and are therefore subject to the risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in the system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances in the Henan province, reductions or potential cancellation or non-recognition of backlog and uncertainties, such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

8:11AM UTSI: Strong visibility bolsters our confidence -- First Albany 34.29: First Albany believe that good visibility remains hard to find, even in some segments that have positive trends (i.e., VoIP). Firm has asked itself what companies/sub-segments might have good visibility that perhaps haven`t been rewarded for it. One of companies in firm`s universe that comes to mind is UTStarcom, which entered 2004 with a backlog of over $1 bln. This strong backlog has been further bolstered by some recent orders with an announced value of approx $270 mln. First Albany believe this visibility has not been rewarded and that this company has an excellent chance to put up numbers that are higher than current expectations for 2004.

[NoamX]

Hallo Panik,

leider scheinst du hier weiter Alleinunterhalter zu spielen. Ich habe mich heute noch einmal ein wenig mit der Aktie beschäftigt, und ich halte sie für deutlich unterbwertet. Die Aktie muss gewinnt irgendwann Fahrt gewinnen.

Bis dahin: Vielen Dank für die Postings, sie bleiben nicht ungelesen!

NoamX

[panik]

7:19AM UTSI upgraded at Goldman Sachs 33.45: Goldman Sachs upgrades UT Starcom to Outperform from In-Line, as they see good earnings momentum in the next few quarters driven by solid PAS demand in China as well as diversifying revs from outside China and PAS; firm also believes the recent share price weakness due to concerns about PAS handset competition has led to an attractive entry point for investors. Target is $40.

[panik]

UTStarcom Announces $18.8 Million Expansion Contract with China Telecom to Expand IP-Based PAS Deployment in Gui Zhou Province
Thursday February 19, 9:06 am ET
Tremendous PAS Subscriber Growth Rate in Western Province Requires Network Expansion in First Six Months of Deployment


ALAMEDA, Calif., Feb. 19 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a global leader in IP access networking and services, today announced that it has signed a contract valued at approximately $18.8 million with China Telecom Corporation (CTC) to expand its IP-based PAS (Personal Access System) (iPAS(TM)) network in the Gui Zhou province.
(Logo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20031229/UTSLOGO )
"We are especially proud of our progress in Gui Zhou because fixed-line telephony penetration in this province is much lower than China`s average," said Simon Le, vice president of sales for UTStarcom China. "However, Gui Zhou`s initial IP-based PAS deployment in 2003 was so successful that it attracted 350,000 iPAS subscribers in the first six months."

The incredible growth of iPAS in Gui Zhou proves that it is an ideal technology for establishing telephony in areas of low teledensity. According to the Ministry of Information (MII), the fixed-line telephony penetration in Gui Zhou was 8.73 percent at the end of 2003, far behind China`s average of 21.19 percent. In line with the Chinese government`s strategy to develop the western regions of China, PAS has a vast market potential, and will contribute to the social and economical development in these areas.

PAS Wireless Access Solutions

UTStarcom`s wireless network solutions enable a rapid network expansion and an easy migration from fixed to wireless networks, enabling service providers to offer wireless voice and data services within a city or community. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies. With deployments throughout Mainland China and Taiwan, Vietnam, Thailand, Africa, and Latin America, UTStarcom is the leader in the worldwide PAS market.

About UTStarcom, Inc.

UTStarcom is a global leader in IP access networking solutions and international service and support. The company sells its wireline, wireless, optical and switching solutions to operators in both fast growth and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in New Jersey, China, and India.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding the evolution, expansion or deployment of PAS in provinces including Gui Zhou, the ability for operators to obtain a quicker return on their investment and offer additional revenue-generating services and the ability to integrate PAS systems with future 3G and broadband technologies are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the changing nature of China`s telecommunications markets, possible delays in system deployments or product introductions, possible downturns in the telecommunications markets both in China and worldwide, the termination of new contracts, partnerships or alliances, reductions or potential cancellation or non-recognition of backlog, and uncertainties such as changes in government regulation and licensing requirements in China. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K and its Quarterly Reports on Forms 10-Q as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

1:39PM UTSI: Progressing ahead of plan, raising estimates -- Pacific Growth 32.50 -0.25: Pacific Growth believes that Q1 at UTStarcom is progressing ahead of plan, with continued strength in infrastructure and handsets. As a result, firm is raising its estimates for the MarQ and full year 2004. Firm believes higher demand being seen in Q1:04 has come as a positive surprise to at least several UTSI management team members. Q1 EPS est goes to $0.39 from $0.38 and revs to $597.5 mln from $583 mln (Reuters consensus $0.39 and $581.3 mln). For the yr, firm goes to $1.93 from $1.89 and revs to $2.63 bln from $2.61 bln (consensus $1.93 and $2.56 bln). Firm believes these new estimates could still be conservative.

[panik]

http://yahoo.businessweek.com/technology/content/mar2004/tc2…




Why UTStarcom Is a Telecom Star
CFO Michael Sophie credits its strong sales to a focus on technologies that are "fast-growing" and "allow carriers to make money"


UTStarcom (UTSI ) isn`t your typical telecom-equipment outfit. In the four years since its initial public offering, its sales have increased ten-fold, to $2 billion in 2003. Over the same period, during one of the industry`s worst downturns, revenues of rival Lucent Technologies (LU ) shrank 78%, to $8.5 billion.


What`s UTStarcom`s secret? It focuses on the world`s highest-growth markets -- and on selling the most in-demand telecom gear. Last year, it reaped 80% of its revenue from China, where telecom is growing at double the pace of the overall economy, says Lawrence Harris, an analyst with Oppenheimer & Co. in New York.

HIGH HOPES. It`s also selling wireless gear and handsets, as well as equipment that enables high-speed Internet access, in red-hot markets such as India and Latin America. For certain types of gear -- such as technology used for local wireless access that 800 cities in China have deployed -- UTStarcom holds 60% share of the world market.

Its ambitions run high: UTStarcom hopes eventually to get 50% of its sales from outside of China and to reach $10 billion in total revenue. Already this year, it`s on track for a 30% revenue increase, says Chief Financial Officer Michael Sophie.

How will it and other phone-equipment makers navigate the rough waters of telecom industry consolidation? Sophie talked about these and other issues with BusinessWeek Online reporter Olga Kharif on Feb. 27. Here are edited excerpts of their conversation:

Q: Last year, you more than doubled your sales -- while most other telecom-equipment suppliers were barely growing. What are you doing differently?
A: We`ve focused on high-growth markets such as China, whereas most telecom-equipment providers have concentrated on markets that aren`t growing, such as North America and Europe. Plus, we`re trying to focus on technologies that we think are fast-growing -- and that allow carriers to make money.

[The wisdom of this] was highlighted in the U.S. several years ago, when a lot of suppliers were selling lots of equipment to competitive local-exchange carriers that weren`t making money and that eventually went out of business. We always want to make sure that carriers are making money with the equipment we`re providing. If we can make money, if carriers can make money, and if consumers like the services -- that`s a sustainable business model.

Q: One such technology you provide is something called PAS [personal access system]. How does it allow carriers to make money?
A: PAS is essentially a mini-cellular network: As long as you`re within a certain geographic area -- say, a city -- you can make and receive wireless phone calls to and from anywhere in the world. But if you leave that, your phone -- which looks very much like a cell phone -- won`t work. We`ve found that in markets such as China, 95% of people never leave their geographic area 95% of the time.

What`s special about our equipment is that it`s designed for markets such as China, where people can only afford to spend $5 or $7 a month on phone service. We`ve designed our products to be very cost-effective, so carriers can get two- and three-year paybacks, and it`s driving profitability for them.

Q: Could we see this technology in the U.S.?
A: While there may be some opportunities here to offer coverage of corporate and university campuses or rural cities, those are niches. The country already has broad wireless coverage. So we`re focusing more on markets that don`t have that infrastructure, such as China, Latin America, the Middle East, and Africa.

Q: What kind of equipment do you expect to be in demand in the future in those and other markets?
A: We see several trends in telecom. The first one is that more voice traffic is moving from regular phones to wireless phones. So we see demand for our equipment. And with the move to 3G [next-generation] wireless networks, which allow for data services and more voice capacity, we`re looking at a better than 70% compound annual growth rate for such wireless equipment.

Second, people want to reach the Internet and get short text messages -- that`s why we`re also focusing on equipment that links high-speed Internet lines to the telecom network. It can allow phone companies to provide video streaming over their existing copper wires, so they can get additional revenue. We`re already selling equipment in Japan that allows for 46 megabit-per-second downloads for video-on-demand-type services. We see such equipment, a space that we dominate, having 72% compound annual growth from 2002 to 2005.



Q: Now that the economy is recovering, a lot of your competitors hope to grow again as well. How likely is that?
A: Recently, a lot of traditional equipment providers have shown some optimism. But if you look at projections for 2004 and 2005, global capital spending for telecom equipment isn`t increasing. We`ve done some analysis on global capital-spending trends. It turns out that Western Europe is the largest telecom-equipment market, with about $60 billion spent in 2003. It will go up to maybe $61 billion in 2004 and then probably stay flat through 2005.

The U.S., with $35 billion spent in 2003, is the second-largest market. The projections are for that market to remain flat. So we`re anticipating a very competitive market.

Q: Why is spending on phone equipment not growing? Is it because of consolidation among service providers?
A: There certainly appears to be consolidation in the industry, such as the recent merger between wireless service providers Cingular and AT&T Wireless (AWE ). And we think there will be more consolidation at the service-provider level -- and that it will flow through to equipment providers. Also, carriers are still very much focused on profitability and return on investment. They can`t just roll out technology for technology`s sake. That`s why you aren`t seeing huge growth in capital spending right now.

Q: Utilities and cable companies are starting to provide telecom services. Could that help boost phone-equipment demand?
A: The cable companies don`t have much of an inroad outside of North America. In China, some of the utility companies are trying to enter the communications market, and they`ve had some initial success. But telecoms still spend the vast majority of money on equipment.

Q: You mentioned consolidation among suppliers. How do you plan to participate in that?
A: We`ve got tremendous organic growth. But there may be some merger and acquisition opportunities that will help the company grow even faster and create more value for our shareholders. We acquired the assets of CommWorks from networking company 3Com (COMS ) a year ago. And we`re looking for additional products and technologies that we might be able to run through our sales channels in markets such as China.

Q: What do you expect to happen on the handset side of your business? A lot of analysts expect you to lose some of your market share this year as local Chinese manufacturers ramp up.
A: Several years ago, UTStarcom was reluctant to enter the handset business. We were an infrastructure provider. But we didn`t see anyone else offering PAS handsets. So we got into that market to help support our infrastructure sales. We`re [now] very successful: We shipped more than 16 million handsets last year in China -- probably no other manufacturer shipped more handsets into China in 2003. We held about a 70% market share on those handsets last year.

And PAS has turned out to be very successful. We went from 12 million subscribers at the beginning of 2003 to 35 million by the end of the year. PAS subscribers are projected to grow to over 60 million this year.

With this huge success, people are now seeing an opportunity in handsets -- and you`re now seeing more competitors wanting to enter the handset market for PAS in China. So we don`t think we`ll be able to maintain a 70% market share, but we do feel that we`ll be able to keep our market share in handsets above 50%. We have an advantage on cost. We`ve got the biggest family of products: We`re introducing more than 20 new models in 2004. And we have the distribution -- the phones have to be sold to individual carriers, and there are more than 2,400 of those in China.

Q: You`re developing a dual-mode handset, which will work on PAS as well as GSM [global system for mobile communications], which is the mainstream wireless technology used in Europe. Are you planning to go more head-to-head with handset makers Nokia and Motorola?
A: We aren`t necessarily trying, at this point, to introduce stand-alone GSM handsets. We`re just trying to capitalize on our strength in PAS. These handsets will serve the market in Taiwan, Vietnam, and China.

[panik]

7:05AM UTSI: UTStarcom to expand presence in Taiwan - Digitimes 32.96: Digitimes reports, citing sources in companies, that UTStarcom has signed a strategic agreement with Taiwan-based Microelectronics Technology Inc to jointly develop RF solutions for personal access systems. The agreement is an extension of the existing cooperation between the two co`s. MTI has been manufacturing power amplifiers for UTStarcom`s personal handy-phone system handsets since late last year. MTI expects its monthly shipments of power amplifiers to UTStarcom to reach 25,000 units in the first quarter of this year, up from 5,000 units in the fourth quarter of last year. UTStarcom also plans to set up an international purchasing office in Taiwan and expand its local procurement to include flash chips and small-sized LCD panels this year. The company is likely to buy flash chips from Macronix International, according to Lu Hung-Liang, president of UTStarcom.

[NoamX]

China

http://www.atimes.com/atimes/China/FC11Ad02.html

Little Smart `cell` phone very, very smart in China
By Kaiser Kuo

BEIJING - "The countryside," Mao Zedong once said, "surrounds the city." Granted, the Great Helmsman probably didn`t have China`s wireless market in mind when he coined this basic dictum of guerrilla warfare. But the strategy made famous by China`s preeminent communist has been put to effective use by China`s fixed-line telecommunications operators for decidedly capitalistic purposes: to grab a share of China`s vast mobile market.

And the upstart system - known in China as Little Smart - is expanding aggressively into Southeast and South Asia.

With some 270 million mobile subscribers, China is now the world`s largest mobile market. Faced with long waits and high fees for land-line installation, many Chinese consumers naturally opted for cellular service instead: mobile subscriber numbers surged to pass fixed-line users last year. After Beijing forced China Telecom to surrender its cellular business to the newly created companies China Unicom and China Mobile in the mid-1990s, the erstwhile monopoly operator - joined later by its northern China-based rival, China Netcom - could only watch from the sidelines as mobile subscribers multiplied and fixed-line revenue growth fell off.

Salvation for the ailing fixed-line carriers came from an unexpected quarter: a wireless local loop (WLL) technology called Personal Handyphone System (PHS) that had been tried, without much success, in Japan. Retooled for the Chinese market by an obscure US-based company called UTStarcom (Nasdaq: UTSI) and rechristened "Personal Access System" (PAS), the service was quietly introduced in 1998 in small, remote cities in western China.

"The key was that when China Telecom lost their mobile business, they lost their growth point," says Ying Wu, the US-educated chief executive officer of UTStarcom`s China subsidiary. "We saw a golden opportunity: Sure, the top 20 percent income earners will be cellular subscribers. But that leaves the middle 50 percent - 650 million people - who need wireless service but for whom affordability is the issue."

Little Smart takes mobility to the masses
China Telecom was quick to recognize that this quasi-mobile phone service offered a back door into the booming mobile market. It gave it a brand - Xiaolingtong or "Little Smart" - and priced it low enough to bring mobility to the masses.

A Little Smart handset looks like a cell phone and, for the most part, works like a cell phone: users can make calls, send text messages, disrupt meetings and annoy theater-goers just as they can with a standard cell phone. Technically, however, Little Smart is a limited-mobility extension of the fixed-line phone network. Think of it as a revved-up household cordless phone with a citywide reach: Little Smart users connect to the copper wire network through base stations placed on rooftops around their city. The only functional difference from cellular phones is that Little Smart users can`t roam beyond their home cities.

That, and one more major difference - cost. Little Smart users pay about one-fourth of what regular cellular subscribers do for air time - a major draw for China`s cost-conscious consumers. Subscribers are charged a monthly fee equivalent to US$3, and a 10-minute call averages out to about 12 cents. What`s more, unlike cellular service in most parts of China, only the calling party pays. Sarah Zhao, who works as a secretary at the Ruijiin International School in Tianjin in the northeast, bought her Little Smart in November for the equivalent of $56. "I typically save 50 yuan [about $6] on my monthly phone bill," says Zhao. It doesn`t sound like much until you realize that the 27-year-old only takes home the equivalent of $120 a month.

For Little Smart and the Alameda, California-based UTStarcom, it hasn`t been smooth sailing. China`s two licensed mobile operators, China Mobile and China Unicom, recognized the threat Little Smart represented and lobbied hard to keep the "poor man`s mobile phone" out of the market. During Little Smart`s first few years, the Ministry of Information Industries (MII), China`s main telecoms regulatory body, was downright hostile: it ordered a halt to Little Smart deployment while it tried to decide just what it was, and for a time the ministry banned wireless activity in a frequency range that happened to include the 1,900-1,920 megahertz at which Little Smart operates. That was before it settled on a compromise policy that allowed Little Smart to operate in the provinces as long as it kept out of the big cities.

Upstart finally won over ministerial mandarins
But Little Smart braved these choppy regulatory waters, surmounting the skepticism of technologists and finally convincing ministerial mandarins officially to pronounce Little Smart an extension of fixed-line service. "It`s gone from a policy of `grow quietly, but grow` to one of almost no regulation at all," says Duncan Clark, co-founder of the Beijing-based telecoms consultancy BDA China Ltd.

The secret of its success: Little Smart is backed by popular demand. By serving China`s vast low-end market with the right technology at the right price, Little Smart built its strength in the provinces a la Mao, before the MII relented and Little Smart marched triumphantly into the cities. "After service launched in Beijing, MII`s new minister, Wang Xuedong, pronounced that Little Smart appears to be the people`s choice, and the ministry line now is, `We will neither support nor hinder.`"

Between them, China Telecom and China Netcom added an average of 2 million new subscribers a month in 2003. "Two out of every three new fixed-line subscribers are Little Smart users," says UTStarcom spokesperson Richard Feng. Little Smart now boasts some 38 million users across China - nearly 15 percent of total fixed-line phone subscribers, and all within three years. Little Smart is selling well in Beijing, where service was launched in mid-2003: more than half a million Beijingers have already signed up. Shanghai, the jewel in the crown, is next: Little Smart is already available in the suburbs of China`s largest city, and full service is expected to be launched in the city proper this year.

The MII has recently mandated that carriers facilitate short message service (SMS) interconnection between Little Smart and the cellular providers, allowing China Netcom and China Telecom finally to tap into China`s enormous SMS revenues: an estimated 120 billion text messages were sent in China in 2003.

All this has of course been very good for Ying Wu, who arrived at the New Jersey Institute of Technology in Newark to begin graduate studies with just $27 to his name. Wu, with his down-to-earth demeanor and distinctive facial hair, is feted by the Chinese media as a model of a successful returnee entrepreneur. According to Forbes, Wu now ranks as the 43rd-richest man in China, with a net worth of $186 million.

Expanding fast into Southeast Asia, South Asia
UTStarcom, which already dominates the China market for Personal Access System (PAS) equipment and Little Smart handsets, is now expanding aggressively in Southeast Asia, Latin America, Africa and the South Asian subcontinent. The company has signed contracts to provide nationwide PAS coverage to Honduras, and UTStarcom-supplied PAS networks have serviced the Vietnamese cities of Hanoi and Ho Chi Minh City for a year. Tests with both private and state-owned carriers in India currently are under way.

Could Little Smart take off in the United States? "It`s unlikely," says Dave Carini, an analyst with Beijing-based telecoms consultancy Norson. "Even in China, many people are unhappy with Personal Handyphone System signal quality and the ability to carry on a conversation while moving at high speeds. In the US, I think the average consumer is willing to pay a few bucks more each month for a more reliable network."

Complaints about signal strength are common from Chinese consumers, but most are willing to accept some sacrifice in call quality for the savings they realize. "Some of my friends have given Little Smart the nickname `Wei Wei Call` because you`re always saying `Wei? Wei?` (Hello? Hello?) every time you call," says Sarah Zhao, the secretary in Tianjin. "In my experience, it`s true that sometimes your call gets dropped or people can`t get through, but it really is cheap." Just in case, she carries two phones, using her GSM (Global system for mobile communications, a leading digital cellular system) phone when signal strength on Wei Wei Call flags.

"In early days, there were some disadvantages. Handover was too frequent, quality was not so great," admits UTStar spokesperson Feng. "But in 2003 we`ve made great improvements to core networks and in base station coverage."

Little Smart now moving up-market
Meanwhile, Little Smart has started moving upmarket. "By the end of 2003, there were over 100 models of Little Smart phone available on the market, made by 25 different manufacturers," says Carini, the Beijing telecoms analyst. "High-end models are still far cheaper than many high-end GSM and CDMA [code division multiple access] handsets, yet still have the latest features, such as color screens, cameras, and polyphonic ring tones," he adds.

UTStarcom hopes soon to obviate the need for Sarah Zhao to carry two phones: dual-mode GSM-PAS handsets are expected to come on the market this year. "Demand is going to be very strong," predicts Feng, the UTStarcom spokesperson. "Every time we demo these handsets, people ask if they can buy them right away."

There are clouds on the Little Smart horizon: China Mobile and China Unicom are weighing significant tariff cuts, largely in response to competitive pressure from Little Smart, and they are likely to implement Calling Party Pays pricing this year. And with the fixed-line carriers expected to receive 3G (third-generation mobile technology) licenses late this year or in early 2005, some analysts speculate that carrier support for Little Smart will wane.

Despite skepticism from overseas Chinese, for Wu - the inventor and China`s 43rd-richest man - the nation is still very much the land of opportunity. "My Chinese friends in the States say to me, `Ying, you guys came back to China 10 years ago and made it, but it`s too late for us now.` But I tell them, `You`ll regret it even more if you don`t come back 10 years from now.`"

[NoamX]

Sehr interssantes Gebaren von UTSI.

Im Januar verkauft man 12 Milionen Aktien zu $39.75 an die Banc of America:

http://biz.yahoo.com/prnews/040109/sff029_1.html

und nur 3 Monate später legt man ein Rückkaufprogramm für 5 Millionen Aktien bei einem Kurs von $30 auf:

http://biz.yahoo.com/prnews/040312/laf017_1.html

Abgesehen davon, dass man ca. $50 Mill. dabei verdient ,
scheint mir es allerdings doch etwas strategielos .

Michael

[panik]

UTStarcom Awarded $85.7 Million in Contracts With China Netcom for Expansions of IP-Based PAS Systems in Beijing and Heilongjiang Province
Monday March 29, 9:05 am ET
Strong PAS Subscriber Demand Drives Significant Expansion Programs
Updated Financial Guidance: Company Sees Higher Than Anticipated Revenue, Slight Gross Margin Pressure, Strong Earnings With GAAP EPS Guidance Remaining Unchanged for 2004


ALAMEDA, Calif., March 29 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a global leader in IP access networking and services, today announced that it has signed contracts valued at approximately $85.7 million with China Netcom Corporation (CNC) to expand and upgrade its IP-based PAS (Personal Access System) (iPAS(TM)) networks in Beijing and the Heilongjiang Province. UTStarcom also announced that as a result of the strong demand for its PAS infrastructure and handsets, the company is guiding to slightly higher revenues, slight gross margin pressure, and reiterates GAAP EPS guidance for the first quarter of 2004.
(Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20031229/UTSLOGO )
"As a result of the tremendous subscriber demand, China Netcom is expanding its iPAS networks for the third time in the Heilongjiang Province and for the second time in Beijing," said Simon Le, vice president of sales for UTStarcom China. "As the sole PAS infrastructure provider to CNC in Beijing and Heilongjiang and the dominant handset manufacturer, with more than 80 percent market share in these two regions, UTStarcom expects continued strong sales and subscriber growth in the provinces in the coming months."

Located in the northeastern part of China, Heilongjiang Province has a population of approximately 38 million people and a fixed-line penetration rate of only 31.5 percent. Currently, approximately 2.1 million people subscribe for PAS service in the province. UTStarcom estimates that more than 50 percent of the total population represents the target market for PAS service, as the demand for low-price telephony with citywide mobility is large in the region. In Beijing, PAS service has developed into a major revenue driver for CNC, representing approximately 60 percent of all new fixed-line subscribers. CNC estimates that more than one million people will subscribe for PAS service this year in Beijing alone.

Updated Financial Guidance:

The overall demand for PAS infrastructure and handsets in China continues to be strong and, as a result, UTStarcom is guiding to slightly higher revenues in the first quarter of 2004 -- in the range of $600 million. Handset demand and shipments also continue to grow with an estimated 4.5M units being shipped in the first quarter and total units shipped in 2004 to exceed the 16.5M units shipped in 2003. UTStarcom`s current PAS handset market share is estimated to be between 55 and 60 percent in China.

Gross Margin as a percentage of revenue is projected to be approximately 28 percent for the first quarter compared to previous guidance of approximately 30 percent. The revised gross margin guidance is primarily the result of continued weakness in the dollar versus Japanese Yen accounting for a reduction of approximately 100 to 150 basis points, requirements for more Yen purchases on critical components, as well as pressure on handset margins, which are currently running at approximately 20 percent. The company believes that handset margins will remain in the 20-23 percent range going forward and overall gross margins to improve throughout 2004.

UTStarcom`s GAAP Earnings per Share Guidance remains unchanged at $0.38 for the first quarter and $1.92-$1.94 for the full-year 2004.

The company is entering the quiet period and will not provide any additional guidance on the Financial Results. Major contract wins will continue to be announced through press releases. Q1 2004 Earnings Release and Conference Call is targeted for Tuesday, April 27.

About UTStarcom, Inc.

UTStarcom is a global leader in IP access networking solutions and international service and support. The company sells its wireline, wireless, optical and switching solutions to operators in both fast growth and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in New Jersey, China, and India. UTStarcom is a FORTUNE 1000 company.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding, without limitation, the anticipated results of the relationship with China Netcom, anticipated sales and subscriber growth, and anticipated financial results are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the rapidly changing nature of developing telecommunications markets, possible delays in system deployments or product introductions, possible downturns in the telecommunications markets of developing countries and worldwide, the termination of new contracts, partnerships or alliances, and other uncertainties, such as changes in government regulation and licensing requirements and economic and political stability, in developing markets and generally. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

UTStarcom Signs $75 Million Contract With China Netcom to Expand IP-Based PAS System in Hebei Province
Monday April 5, 9:05 am ET
IP Switching Infrastructure Enables Extensive Value Added Services Platform and Seamless Integration With Next-Generation 3G Wireless Technologies


ALAMEDA, Calif., April 5 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a global leader in IP access, infrastructure and next generation switching, today announced a new contract with China Netcom Corporation (CNC) valued at approximately $75 million to expand deployments of its IP-based PAS (Personal Access System) (iPAS(TM)) in China`s Hebei Province. China Netcom is using UTStarcom`s next generation IP switching infrastructure (mSwitch(TM)) to expand its iPAS capacity in 11 cities and is also extending the network to another 30 counties within the province.
(Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20031229/UTSLOGO )
"There are nearly two million iPAS subscribers in Hebei," said Johnny Chou, president and chief operating officer of UTStarcom China. "Subscribers continue to be attracted by UTStarcom`s extensive value-added service (VAS) platform, which offers users short-messaging (SMS), multi-media messaging (MMS) and C-MODE based Web browsing and wireless Internet access."

Since its introduction to the province in 1999, CNC Hebei`s iPAS service has already been expanded three times to meet the tremendous subscriber demand. Following this expansion, iPAS networks will cover more than 90 percent of the province. According to CNC Hebei, PAS has become the key revenue driver in the province and will continue be a focus throughout 2004. PAS subscribers currently represent more than 60 percent of new fixed-line subscribers in the province.

PAS Wireless Access Solutions

UTStarcom`s PAS wireless network solutions are designed to enable a rapid network expansion and an easy migration from fixed to wireless networks, enabling service providers to offer wireless voice and data services within a city or community. Marketed as a low-cost investment option for wireless local telephone service, the PAS system features advanced voice and data services within a flexible network architecture that can be seamlessly integrated with future 3G and broadband technologies. With deployments throughout Mainland China and Taiwan, Vietnam, Thailand, Africa, and Latin America, UTStarcom is the leader in the worldwide PAS market.

About UTStarcom, Inc.

UTStarcom is a global leader in IP access, next-generation switching and networking solutions and international service and support. The company sells its wireline, wireless, optical and switching solutions to operators in both fast growth and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in New Jersey, China, and India. UTStarcom is a FORTUNE 1000 company.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding, without limitation, the anticipated results of the relationship with China Netcom in the Hebei Province, including expansion of subscriber capacity and of the iPAS network, anticipated sales and subscriber growth, and anticipated financial results are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the rapidly changing nature of developing telecommunications markets, possible delays in system deployments or product introductions, possible downturns in the telecommunications markets of the Hebei Province, China and worldwide, the termination of new contracts, partnerships or alliances, and other uncertainties, such as changes in government regulation and licensing requirements and economic and political stability, in the Hebei Province, China and generally. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[Ebro]

UTStarcom to Release First Quarter 2004 Earnings on April 27

ALAMEDA, Calif., Apr 20, 2004 /PRNewswire-FirstCall via COMTEX/ -- UTStarcom, Inc. (Nasdaq: UTSI), a global leader in IP access networking and services, today announced that it will release its first quarter 2004 financial results after the close of the market on Tuesday, April 27, 2004.

(Photo: http://www.newscom.com/cgi-bin/prnh/20031229/UTSLOGO )

The company will conduct a conference call, which is open to the public, to discuss these results. The call will take place at 1:30 p.m. (PDT). The conference call dial-in numbers are as follows: United States -- 888-398-3046; International -- 706-634-2492.

A replay of the call will be available from approximately 5:00 p.m. (PDT) on April 27, 2004 to 11:59 p.m. (PDT) on May 4, 2004. The conference call replay numbers are as follows: United States -- 800-642-1687; International -- 706-645-9291. The Access Code is 6858870.

Investors will also have the opportunity to listen to the conference call and the replay over the Internet through UTStarcom`s Web site at: http://www.utstar.com .

To listen to the live call, please go to the Web site at least 15 minutes early to register, and to download and install any necessary audio software. For those who cannot listen to the live broadcast, a replay will also be available on this site.

Ebro

[rechner]

28.04.2004 13:55 Uhr MEZ
ist mein rechner kaputt oder was geht hier ab
utsi vorbörslich MINUS 55%

http://finance.yahoo.com/q?s=utsi

[rechner]

28.04.2004 14:25 Uhr MEZ
alles wieder im lot
utsi vorbörslich MINUS 3%

http://finance.yahoo.com/q?s=utsi

[rechner]

utsi ab 3.juni im S&P 400 MidCap


http://biz.yahoo.com/prnews/040527/nyth157_1.html

[panik]

UTStarcom Increases Worldwide Presence With New Service and Support Centers in India and Mexico
Tuesday June 1, 9:05 am ET
New Facilities Expand UTStarcom`s International Professional Service and Support Organization to Enhance Global Sales


ALAMEDA, Calif., June 1 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a global leader in IP access networking and services, today announced the opening of two new escalation facilities in Gurgaon, India and Mexico City, Mexico. The new offices, which are all currently fully operational, will act as high-end professional service centers for UTStarcom`s existing service provider customers throughout Southeast Asia and Latin America.
(Logo: http://www.newscom.com/cgi-bin/prnh/20031229/UTSLOGO )
The new facilities expand on UTStarcom`s world-class International Professional Service (IPS) organization, which the company gained through the acquisition of CommWorks in May 2003. UTStarcom`s IPS organization has a strong track record for delivering a wide range of customized professional services to many top carrier customers worldwide.

"UTStarcom`s IPS group creates a significant competitive advantage in meeting the needs of the company`s global customer base," said Steve Shaffer, vice president of the International Professional Services Group at UTStarcom. "The opening of these new escalation facilities enables UTStarcom to quickly take on projects in these rapidly growing regions of the world, which we believe will become significant markets for UTStarcom."

UTStarcom IPS -- A Comprehensive Portfolio of High-Value Services

The strength and experience of the IPS organization enables UTStarcom to deliver a comprehensive suite of tailored professional services that can be modified to meet specific customer needs. UTStarcom`s portfolio of services is available on-site or through remote support and includes full implementation and installation services, system integration support, and a customized, comprehensive training program delivered on location.

Professional Service Engineers Deliver the Highest Quality Support

UTStarcom`s proven training and technology support centers provide a high level of expertise and personalized support for the company`s blue-chip carrier customers. The current UTStarcom IPS team includes hundreds of skilled technicians positioned strategically around the globe. UTStarcom`s IPS network engineers have an average of 12 years of experience, and a majority have received certification from the top systems support organizations, including Novell, Microsoft, Cisco, and Sun. UTStarcom believes its carrier customers trust the company`s IPS team to provide the skills and resources necessary to solve their problems in the least amount of time possible.

Worldwide in Scope

UTStarcom`s IPS organization supports over 300 service provider customers in 50 countries around the world. The company currently provides service and support to some of the top global carriers, including Yahoo! BB in Japan; Telefonica in Spain and Germany; and Verizon, MCI, and AT&T in North America. UTStarcom has existing service and support escalation centers in key locations around the world, including Dublin, Ireland; New Delhi, India; and Rolling Meadows, Illinois. Additionally, there are plans to open an escalation center in Tokyo, Japan in the very near future.

About UTStarcom, Inc.

UTStarcom is a global leader in IP access networking solutions and international service and support. The company sells its wireline, wireless, optical and switching solutions to operators in both fast growth and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in New Jersey, China, and India. UTStarcom is a FORTUNE 1000 company.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding, without limitation, potential growth in regions of the world in which the Company operates, the prospects for the Company in such regions, and the anticipated opening of additional service and support centers, are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, possible delays in system deployments or product introductions, competitive pressures on the Company and its customers, and other uncertainties. The Company also refers readers to the risk factors identified in its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[panik]

Tiscali Selects UTStarcom for Rollout of Pan-European Broadband Network
Tuesday June 1, 9:05 am ET
UTStarcom`s AN-2000 IB IP-Based DSLAM Will Be Cornerstone of Tiscali`s New Multiservice Broadband Network


ALAMEDA, Calif., June 1 /PRNewswire-FirstCall/ -- UTStarcom, Inc. (Nasdaq: UTSI - News), a global leader in IP access networking and services, today announced that it has signed a two-year agreement with Tiscali, the European Internet Communication Company, for deployment of its AN-2000(TM) IB IP-based DSLAM. Under the terms of this agreement, Tiscali will use the AN-2000 IB in its multiservice broadband network, which will offer integrated Internet, telecommunications, and entertainment services in eight European countries. UTStarcom is also supplying Tiscali with NetRing(TM) optical Ethernet switches and iNetMan(TM) network and subscriber management software. Tiscali`s first multiservice broadband networks will be deployed initially in Italy and France.
(Logo: http://www.newscom.com/cgi-bin/prnh/20031229/UTSLOGO )
"UTStarcom and Tiscali share the same vision of what a modern DSL network should be: a multiservice platform that makes it easy and cost effective to provision broadband Internet access, telephony, and entertainment services over a single copper pair," said Bernd Schilp, vice president of UTStarcom EMEA. "We`re proud to be the enablers of the unique triple-play services that Tiscali will be the first to offer the European market."

AN-2000 IP-DSLAM Is Key Enabler for Tiscali`s Strategy

A key component of the Tiscali broadband access architecture is UTStarcom`s AN-2000 IB IP-DSLAM, a carrier-class platform with an architecture that achieves true multi-service integration utilizing industry-standard, low-cost protocols including Ethernet and IP. UTStarcom has deployed more than 30,000 AN-2000 IBs serving more than five million lines around the world. According to Infonetics Research, the AN-2000 IB is the most widely deployed IP-DSLAM worldwide. Several incumbent operators including Yahoo! BB, China Telecom, China NetCom, and Versatel NV have adopted the platform.

The AN-2000 IB is designed to interface directly and cost effectively with the evolving IP network. The platform`s Ethernet WAN interface connects directly to an Internet router or LAN switch, thereby eliminating the traditional bandwidth bottleneck typical of ATM networks. The AN-2000 IB also eliminates the need to build and maintain an expensive ATM infrastructure. Decreased dependence on ATM results in greater throughput and simplified network management.

The AN-2000 IB is managed by iNetMan, which provides comprehensive management and operation support based on SNMP. iNetMan supports batch configuration mechanisms, which can significantly simplify provisioning and minimize provisioning errors.

About Tiscali

Tiscali S.p.A., (Nuovo Mercato, Milan: TIS, Nouveau Marche, Paris: 005773), is the European Internet Communication Company providing broadband and narrowband access for consumer and business applications as well as innovative communications services and contents. As of 31st March 2004, Tiscali had 8 million active users of whom 1.24 million were broadband customers, growing steadily. At the end of April, ADSL customers reached 1.32 million. Tiscali`s corporate website can be found at www.tiscali.com.

About UTStarcom, Inc.

UTStarcom is a global leader in IP access networking solutions and international service and support. The company sells its wireline, wireless, optical and switching solutions to operators in both fast growth and established telecommunications markets around the world. UTStarcom enables its customers to rapidly deploy revenue-generating access services using their existing infrastructure, while providing a migration path to cost-efficient end-to-end IP networks. Founded in 1991 and headquartered in Alameda, California, the company has research and design operations in New Jersey, China, and India. UTStarcom is a FORTUNE 1000 company.

For more information about UTStarcom, visit the company`s Web site at www.utstar.com.

Forward-Looking Statements

The foregoing statements regarding, without limitation, the anticipated activities and results of the partnership with Tiscali, are forward-looking in nature and are subject to risks and uncertainties that may cause actual results to differ materially. These factors include rapidly changing technology, the rapidly changing nature of Europe`s telecommunications markets, possible delays in system deployments or product introductions, possible downturns in the telecommunications markets of Europe generally and worldwide, the termination of new contracts, partnerships or alliances, and other uncertainties, such as changes in government regulation and licensing requirements. UTStarcom also refers readers to the risk factors identified in its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K as filed with the Securities and Exchange Commission.




--------------------------------------------------------------------------------
Source: UTStarcom, Inc.

[rechner]

ist noch jemand dabei?

sind doch jetzt ganz interessant die utsi -der gibt es noch schlimme nachrichten?

[Holzofen]

Einer ist auch noch da
Kanst Du mir sagen wann die nächsten Zahlen kommen ?
Sollte dann wieder rauf gehen die Firma hat ihre eigenen
Aktien billig eingekauft dank eigens herausgegebener schlechter Nachrichten
Vielen Dank für eine Antwort

[rechner]

zahlen sind gerade durch also vom 26.10.

http://biz.yahoo.com/prnews/041026/sftu132a_1.html

musst dich also noch ein ganzes q. gedulden.

immerhin glaubt schon 1 "profi" an utsi:
ziel 26 us$
http://de.biz.yahoo.com/041022/338/49gz7.html

ich hab mir welche zugelegt.

[rechner]

die 38-tage-linie scheint utsi sicher im griff zu haben, wird erst wieder spannend, wenn die 200er von oben sticht -und das gewaltig.

[broady]

Was iss denn hier passiert

[rechner]

leider wieder mal eine gewinnwarnung oder besser gesagt eine verlustwarnung.

http://biz.yahoo.com/ap/050106/utstarcom_inc_outlook_1.html

[broady]

Bernecker empfiehlt in seiner Aktienbörse in diese Aktie einzusteigen
...bei 13 $ sei sie ein klarer Kauf....

[Kos60]

Wer sich mal den 5-Jahreschart zur Hand nimmt wird sehen, dass wenn man diese Aktien kaufen muss, dann SOFORT. 4 mal wurden 12,50-13 $ getestet....danach ging es jeweils wieder zügig mindestens über 25 $.

Also....ich bin drin....Kaufkurs 12,94 $.

Bei 25 $ melde ich mich wieder.

[Kos60]

https://isht.comdirect.de/html/detail/main.html?einst=0&hist…

[broady]

Heute Zahlen

[rechner]

so weit sind sie noch nicht, müssen erst mal aufräumen in ihrem laden. wissen nicht so genau, wo sie was verbrannt oder verdient haben.

Ich steig mal ein!

[Insulaner]

Hallo,
Sollten nicht am 15.04. die Zahlen
veröffentlicht werden?
Und wie sehen sie aus?
Danke für mehr Infos.
Schönen tag an alle.
Insulaner

[broady]

Watt iss nu los

[rechner]

ein wenig stühlerücken.
http://biz.yahoo.com/e/050603/utsi8-k.html


die homepage http://www.utstar.comlistet auch so einige kleine erfolge auf.
- ... mal wieder einen preis gewonnen
- ... FORBES hält UTSI für ein schnell wachsendes unternehmen


na ja, UTSI hat ja zuletzt auch mehrfach enttäuscht.

ich bin wieder satt dabei.

[broady]

...ich auch aber leider schon etwas länger

[GIGAPROLL]