UTStarcom Inc (UTSI), a provider of IP-based broadband equipment, has become a major contender for the global IPTV (Internet Protocol TV) solutions business. The strategic decision taken by the management to transform the company from a mobile handset developer to an IPTV and fixed broadband access system solutions provider has been favorably implemented.

UTStarcom’s RollingStream IPTV solutions are acting as the main catalyst and at the end of March 2009; the RollingStream system supported more than 1.32 million IPTV subscribers worldwide with a total deployed subscriber capacity of 2.5 million. The company maintains a commanding market position in the Asian regions, especially in China and India.   Nationwide deployment of 3G wireless networks by Chinese telecom carriers has resulted in strong order bookings. Recently, China Telecom (CHA) announced plans to implement a large-scale Mobile TV system in China using UTStarcom’s RollingStream platform.

The company has also expanded into IPTV advertising

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The high-end smartphone market is expected to witness intense competition during the second half of 2009. Although the ordinary mobile handset market has reduced in size during the past year and is expected to lose ground further as a result of the global economic downturn, several industry research firms are forecasting the smart-phone mobile market to continue growing.This is primarily due to a shift in consumer preference towards feature-enhanced PDA devices from low-end mobile handsets used primarily for voice telephony. Unit sales of smartphones increased 12.7% in the first quarter of 2009 compared to the year-ago quarter.The PDA market size is likely to approach $200 billion by 2012. This grand opportunity provides a huge scope for several mobile devices developers to grow revenues moving forward.During June 2009, Apple Inc (AAPL) launched the latest version of its iconic iPhone called "iPhone ...

For Immediate Release

Chicago, IL - May 29, 2009 - Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Citigroup (C), Bank of America (BAC), JP Morgan Chase (JPM), AIG (AIG) and UTStarcom, Inc. (UTSI).

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Here are highlights from Thursday's Analyst Blog:

Consolidated Banking, Maybe?

Clearly the cobbled-together oversight from various federal agencies was ineffective to contain the current financial crisis that all but swallowed the U.S. last year -- institutions such as but not limited to Citigroup (C), Bank of America (BAC), JP Morgan Chase (JPM) and AIG (

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We expect UTStarcom, Inc. (UTSI), a provider of IP-based telecom equipments, to receive further demand for its IPTV solutions as mobile TV systems become increasingly popular in China and India due to nationwide deployments of 3G wireless networks.UTStarcom's transformation from a mobile handset developer to an IPTV and optical transport solutions provider has been favorably implemented.Moreover, the company's current valuation is below its net cash position. At the end of the first quarter, the company had approximately $2.41/diluted share of cash position with no outstanding debt.On the other hand, the markets for IPTV solutions and intelligent switching products are highly competitive and this, together with global economic weakness, may hinder efforts to improve the company's earnings power.We do not expect UTStarcom to achieve profitability any time soon. While we maintain our Hold rating, due to higher risk levels, we forecast ...

UTStarcom (UTSI), a provider of IP-based telecom equipments, declared 4th quarter 2008 financial results, better than our estimates. UTStarcom's transformation from a mobile handset developer to an IPbased product and services supplier has been favorably consummated.Market demand for IPTV and optical transport solutions are likely to remain firm. The market for IPTV solutions and intelligent switching products are highly competitive and this, together with global economic weakness, may hinder efforts to improve the company's earnings power.We do not expect UTStarcom to achieve profitability any time soon. We maintain our Hold recommendation with a reduced valuation target.Nalak Das contributed to this report. Read the full analyst report on "UTSI"Zacks Investment Research