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Stock Market & Financial Investment News

News Breaks
January 10, 2013
06:08 EDTUTSIUTStarcom announces results of tender offer
UTStarcom has accepted for purchase 25M of its ordinary shares at a price of $1.20 per share, for an aggregate cost of $30M, excluding fees and expenses relating to the tender offer. Based on the final tabulation by Computershare Trust Company, the Depositary for the tender offer, 63.36M of UTStarcom's ordinary shares were properly tendered and not withdrawn. UTStarcom has been informed by the Depositary that, after giving effect to the priority for "odd lots," the final proration factor is approximately 39.4%.
News For UTSI From The Last 14 Days
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October 21, 2014
07:33 EDTUTSIUTStarcom wins expansion of contract with Chunghwa Telecom
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October 13, 2014
07:33 EDTUTSIUTStarcom sees Q3 revenue to exceed top end of $25M-$30M guidace range
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October 10, 2014
08:31 EDTUTSIUTStarcom partner aioTV granted U.S. patent
UTStarcom announced that its partner, aioTV, has recently secured a patent grant for a key piece of technology that will enhance its competitiveness and leadership in the growing market for customized video entertainment. The patent covers technology that advances the core mission of aioTV, which is to give consumers a greater range of options to combine multiple sources of live, on demand and freely available Internet content into a single experience that consumers can use to access their video from one place. The patent is listed in the United States Patent and Trademark Office under the Patent No. 8826347.

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