July 6, 2010


UTStarcom Announces Additional Details of its Newly Announced Strategic Cooperation Agreement with China Merchants Bank

UTStarcom Announces Additional Details of its Newly Announced Strategic Cooperation Agreement with China Merchants Bank
BEIJING, July 1 /PRNewswire-Asia-FirstCall/ — UTStarcom, Inc. (Nasdaq: UTSI), today announced additional details of its strategic cooperation agreement dated as of June 17, 2010 between UTStarcom and China Merchants Bank (CMB). The Cooperation Agreement contemplates that CMB would provide to UTStarcom and its affiliates financial services, including foreign exchange services and financial …
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