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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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, Inc. (UTSI), a provider of IP-based telecom equipments, announced encouraging second quarter 2008 financial results, above our estimates.

This was primarily due to growing acceptance for the company’s IPTV solutions and personal communications devices (PCD). We believe market demand for the company’s IPTV and optical transport solutions remains firm as opportunities appear respectable at several carriers in Asia and Latin America. Recent divestiture of the PCD and mobile solutions businesses will foster adequate focus on the company’s core IP-based business, while simultaneously improving overall margins.

The company is in the midst of transitioning its focus on the Chinese PAS infrastructure and handset segments to an expansion of its equipment offerings for the global markets. However, we do not expect UTStarcom to achieve profitability any time soon. In addition, the market for IPTV solutions is highly competitive and this, together with global economic weakness, may hinder efforts to improve

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In a partnership with Zi Corporation, UTStarcom has begun shipping Internet Protocol television “set-top-boxes” in China, featuring eZiText, a predictive text-input solution. The Alameda, Calif. company (NASDAQ: UTSI) signed a licensing agreement with Zi Corporation in November of 2007, and both companies plan to work together on other products and services.

“We have chosen Zi Corporation again because of the quality of its text-entry solutions and superior technical support, especially in Asia,” said BaiJun Zhao, UTStarcom senior vice president. “We are very focused on developing our strategic base of IP solutions and Zi provides us with the text input capabilities we need in Asia.”

eZiText “learns” usage patterns and new vocabularies, and has predictive entry and word completion abilities. It is for use by electronic manufacturers and telecom carriers.

“We are very pleased that UTStarcom continues to use our award-winning products to succeed in the global marketplace,” said Milos Djokovic, Zi Corporation president

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