History

The company was founded in 1991 by Hongliang Lu, a China-born, US-educated entrepreneur, as Unitech Telecom. In its early years, the company was focused on the telecommunications markets in China. In 1995, Unitech merged with Starcom Networks, founded by Ying Wu, to form UTStarcom fact: date=December 2008. After several years of trying to build its business in China, UTStarcom launched the Personal Handy-phone System (PHS), also known as the Personal Access System. PHS is a scaled-down version of a cellular network and has 56 million subscribers in China fact: date=December 2008. UTStarcom went public in March 2000. The IPO and a series of acquisitions helped the company expand its business and technology beyond its base in China to other emerging economies in Asia and Latin America as well as to Japan, the United States and Europe. Between 2002 and 2004, UTStarcom acquired several companies to expand its technology portfolio and market opportunities in areas such as handsets, CDMA technology, broadband and IP-based communications.

In June 2008, UTStarcom expressed their intent to sell their mobile unit .

Peter Blackmore assumed the role of president and CEO as of July 1, 2008 – replacing Hong Lu, who now serves as the executive chairman of UTStarcom's board. Peter Blackmore is also currently serving on the board of directors at UTStarcom, Inc. as well as the board of directors at MEMC.

UTStarcom sold its Personal Communications Division to AIG Investments in July 2008 and has restructured UTStarcom around three core areas: IPTV, broadband and NGN.

See also

• IPTV
• Personal Handy-phone System
• UTStarcom F1000
• UTStarcom PCS1400
• HTC Apache
• HTC Mogul

External links

• UTStarcom Corporate Website