UTStarcom


UTStarcom is a global telecom infrastructure provider listed in NASDAQ. The company develops and supplies a broad range of telecommunication devices to communications service providers and network operators including fixed and mobile network operators, as well as to enterprises. Historically, the company has focused on selling to Japan, India, China but also sell to Africa, Central and Latin America and the Middle East.
The Company's products are designed to work with existing telecommunications infrastructure to provide low-cost voice and data services for access to both wireless and fixed line products, optimized for mobile backhaul, metro aggregation, broadband access and Wi-Fi data. As of 2015, the company focuses on two core areas: broadband and next-generation networks.
The company has offices worldwide with business and R&D centers located in Japan, China, South Korea, India, the Middle East and Europe.

History

The company was founded in 1995 as a merger between Unitech and Starcom Networks to form UTStarcom. Unitech was founded in 1991 by Hong Liang Lu, a Chinese-born, American-educated entrepreneur, as Unitech Telecom and focused on the telecommunications markets in China, India, USA, Japan, with its initial presence in China established in 1993 in Hangzhou. Starcom Networks was founded in 1991 by Ying Wu and a team who had worked together at Bell Labs in New Jersey.
After several years of trying to build its business globally, UTStarcom launched the Personal Handy-phone System, also known as the Personal Handy-phone System, a technology originally developed in Japan.
In March 2000, UTStarcom went public on the NASDAQ exchange.
In July 2008, UTStarcom sold its Personal Communications Devices to AIG Investments.