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Prospector
Profile
3-12-004
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| UTStarcom, Inc. |
NAICS |
517310 |
| 1275 Harbor Bay Parkway,
Alameda, CA 94502 |
Description |
Telecommunications Equipment |
| (510) 864-8800 |
Employees |
5100 |
| http://www.utstar.com/ |
Revenue |
(mil) |
2466.0000 |
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Income |
(mil) |
-195.7500 |
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Assets |
(mil) |
1984.0000 |
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Liability |
(mil) |
1362.0000 |
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(for the year ended 2007-12-31) |
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Category:
Loss/Deficit
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Event:
For the year ended December 31, 2007, UTStarcom, Inc., reported a $195.57 million net loss, as compared with $117,34 million net loss for the year ended December 31, 2006, and $532.64 million for the year ended December 31, 2005. The Company's balance sheet showed an accumulated deficit of $691.17 million and $617.98 million in total stockholders' equity as of December 31, 2007.
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Intellectual Property:
The Company relies on a combination of patent, copyright, trademark and trade secret laws, as well as confidentiality agreements and licensing arrangements, to establish and protect proprietary rights. The Company holds U.S. and foreign patents for existing products expiring between 2014 and 2023, and has patents pending in both the U.S. and in foreign countries. [SEC Filing 10-K 03-03-08]
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Description:
UTStarcom, Inc., designs, manufactures and sells telecommunications equipment and products and provides services associated with their operation. Its products and technologies fall into three major categories, wireless, wireline and switching.
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Officers:
Hong Liang Lu (CEO); Peter Blackmore (Pres. & COO); Francis P. Barton (EVP & CFO); David King (SVP-International Sales and Marketing); Viraj Patel (VP, Corporate Controller and Chief Accounting Officer)
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Auditor:
PricewaterhouseCoopers LLP
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Securities:
Common Stock Symbol UTSI; NasdaqGS; 123,468,496 common shares outstanding as of February 18, 2008.
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