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Internet

UTStarcom to launch TV over IP this yr as sales slide in Q4

Wednesday 20 March 2013 | 08:04 CET | News
IP networking products provider UTStarcom Holdings reported fourth quarter results showing non-GAAP revenues down 13 percent year-on-year to USD 41.0 million. Non-Gaap results do not include the amortisation of PHS deferred revenue and the IPTV business, which could not yet be reported as discontinued operations. Total revenues for the quarter fell 48.2 percent to USD 43.3 million. Non-GAAP net sales from equipment-based services decreased 2.0 percent in Q4 to USD 6.3 million. The decrease was mainly caused by decreased sales of PTN products in Japan and GEPON products in China which was

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Categories: Internet
Companies: UTStarcom
Countries: World
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EUR 1 billion
Postpaid revenues Telefonica
Germany  |  2015 Q4

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