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Home > Company Index > Telecommunications > Switching & Transmission Equipment > UTStarcom, Inc.

UTStarcom, Inc.
Nasdaq: UTSI
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 NEWS FROM THE STANDARD
Softbank Reports a $327 Million Half-Year Profit
Nov 24 2000 07:52 AM PST

E-Trade Rears Its Head on Nasdaq Japan
Sep 08 2000 12:28 PM PDT

 PROFILE
UTStarcom heard the great call of China. The company, backed by Japanese high-tech giant SOFTBANK, makes and sells wireline and wireless telecommunications access systems, optical transmission products, and related software for building voice and data networks. Its PAS system consists of remote radio terminals linked to a central office switch. UTStarcom derives 99% of its sales from local telecom service providers in China. The company has technology development partnerships with Foundry Networks, Matsushita Communication Industrial, and Mitsubishi Electric. Entities affiliated with SOFTBANK own 47% of UTStarcom, and SOFTBANK's founder and CEO, Masayoshi Son, is UTStarcom's chairman.

 COMPETITION
Lucent Technologies Inc. (LU)

 DEALS
Deal: Issanni Secures $5 Million From UTStarcom
Date Announced: 05.08.01
Value of transaction (US $Mil): 5
Description: Issanni Communications, which helps DSL providers manage their subscribers, has secured $3 million in its first round of financing from UTStarcom. UTStarcom has also signed a $2 million licensing agreement with Issanni.

 STOCK ANALYSIS
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FURTHER ANALYSIS
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• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 368.60
1-Yr. Sales Growth: 96.6%
Employees: 1,573
Revenue per employee: $234,329.31

 KEY PEOPLE
• Hong Liang Lu
    CEO
• Michael J. Sophie
    CFO

 CONTACT INFO
1275 Harbor Bay Pkwy.
Alameda, CA 94502
US
Phone: 510-864-8800
Fax: 510-864-8802
Online: Web Site

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