US infrastructure vendor UTStarcom said this week that it has agreed to offload its handset unit to equity firm AIG Investments for $240m. UTStarcom said the spin off is consistent with its strategic focus announced late last year, which focuses on opportunities for its core IP products. Under the deal, the newly named Personal Communications […]
IP solutions firm UTStarcom has launched a portable wifi handset for voice over IP (VoIP) calls, a week after Skype announced its first handset that doesn’t need a PC to work. The F3000 has a full-colour 1.8″ LCD screen, the ubiquitous polyphonic ringtones, SMS and talk-time of up to three hours. “We are seeing massive […]
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