[UTStarcom Reports Unaudited Financial Results for the First Quarter of 2016 Hong Kong, May 13, 2016 — UTStarcom (“UTStarcom” or “the Company”) (NASDAQ: UTSI), a global telecommunications infrastructure provider, today reported its unaudited financial results for the first quarter ended March 31, 2016. Mr. Tim Ti, UTStarcom’s Chief Executive Officer, stated, “We are pleased to report a solid quarter with] []
[Equity Capital Increasing Agreement Supplemental Agreement Party A: Chongqing Liangjiang New Area Strategic Emerging Industries Equity Investment Fund Partnership (Limited Liability Partnership) Domicile: No. 19, Yinglong Av., Longxing Town, Yubei District, Chongqing Director: Zhang Jun Liaison: Long Zhenzhu Tel.: 023-63088083 Address: 21F, Building T2, No. 2, Jiangbeizui Financial City, Jiangbei District, Chongqing Party B: Shanghai Phicomm Communication Co., Ltd. Domicile:] [Equity Charge Agreement Party A: Chongqing Liangjiang New Area Strategic Emerging Industries Equity Investment Fund Partnership (Limited Liability Partnership) Domicile: No. 19, Yinglong Av., Longxing Town, Yubei District, Chongqing Director: Zhang Jun Liaison: Long Zhenzhu Tel.: 023-63088083 Address: 21F, Building T2, No. 2, Jiangbeizui Financial City, Jiangbei District, Chongqing Party B: Shanghai Phicomm Communication Co., Ltd. Domicile: No. 3666, Sixian] [Guarantee Contract Party A: Domicile: Director: Liaison: Tel.: Address: Party B: ID Card No.: Address: Tel.: Liaison: Contact Data: Address: Whereas: Equity Capital Increasing Agreement On December 2, 2015, four parties Chongqing Liangjiang New Area Strategic Emerging Industries Equity Investment Fund Partnership (Limited Liability Partnership) (hereinafter referred to as “Party A”), Shanghai Phicomm Communication Co., Ltd. (hereinafter referred to as] [The Smart Soho International Limited Chargor (as the and Chongqing Liangjiang New Area Strategic Emerging Industries Equity Investment Fund Partnership (Limited Liability Partnership) Chargee (as the EQUITABLE MORTGAGE over registered shares in a Cayman Islands exempted company WARNING THE TAKING OR SENDING BY ANY PERSON OF AN ORIGINAL OF THIS DOCUMENT INTO THE CAYMAN ISLANDS MAY GIVE RISE TO THE] [THE SMART SOHO INTERNATIONAL LIMITED P.O. BOX 309 Uganda House Grand Cayman KY1-1104 Cayman Islands PHICOMM TECHNOLOGY(HONG KONG) CO., LIMITED Suite 1205-6, ICBC Tower Citibank Plaza 3 Garden Road Central, Hong Kong April 25, 2016 To the Sellers referred to as the “Shah Sellers” in the Purchase and Sale Agreement dated Ladies and Gentlemen: 1 Thank you very much for] []
[Equity Capital Increasing Agreement Supplemental Agreement Party A: Chongqing Liangjiang New Area Strategic Emerging Industries Equity Investment Fund Partnership (Limited Liability Partnership) Domicile: No. 19, Yinglong Av., Longxing Town, Yubei District, Chongqing Director: Zhang Jun Liaison: Long Zhenzhu Tel.: 023-63088083 Address: 21F, Building T2, No. 2, Jiangbeizui Financial City, Jiangbei District, Chongqing Party B: Shanghai Phicomm Communication Co., Ltd. Domicile:] [Equity Charge Agreement Party A: Chongqing Liangjiang New Area Strategic Emerging Industries Equity Investment Fund Partnership (Limited Liability Partnership) Domicile: No. 19, Yinglong Av., Longxing Town, Yubei District, Chongqing Director: Zhang Jun Liaison: Long Zhenzhu Tel.: 023-63088083 Address: 21F, Building T2, No. 2, Jiangbeizui Financial City, Jiangbei District, Chongqing Party B: Shanghai Phicomm Communication Co., Ltd. Domicile: No. 3666, Sixian] [Guarantee Contract Party A: Domicile: Director: Liaison: Tel.: Address: Party B: ID Card No.: Address: Tel.: Liaison: Contact Data: Address: Whereas: Equity Capital Increasing Agreement On December 2, 2015, four parties Chongqing Liangjiang New Area Strategic Emerging Industries Equity Investment Fund Partnership (Limited Liability Partnership) (hereinafter referred to as “Party A”), Shanghai Phicomm Communication Co., Ltd. (hereinafter referred to as] [The Smart Soho International Limited Chargor (as the and Chongqing Liangjiang New Area Strategic Emerging Industries Equity Investment Fund Partnership (Limited Liability Partnership) Chargee (as the EQUITABLE MORTGAGE over registered shares in a Cayman Islands exempted company WARNING THE TAKING OR SENDING BY ANY PERSON OF AN ORIGINAL OF THIS DOCUMENT INTO THE CAYMAN ISLANDS MAY GIVE RISE TO THE] [THE SMART SOHO INTERNATIONAL LIMITED P.O. BOX 309 Uganda House Grand Cayman KY1-1104 Cayman Islands PHICOMM TECHNOLOGY(HONG KONG) CO., LIMITED Suite 1205-6, ICBC Tower Citibank Plaza 3 Garden Road Central, Hong Kong April 25, 2016 To the Sellers referred to as the “Shah Sellers” in the Purchase and Sale Agreement dated Ladies and Gentlemen: 1 Thank you very much for] []
[UTSTARCOM HOLDINGS CORP. TABLE OF CONTENTS] [4 April 22, 2016 100 F Street, N.E. Commissioners: Very truly yours, PricewaterhouseCoopers Zhong Tian LLP Shanghai PRC] [SUBSIDIARIES OF UTSTARCOM HOLDINGS CORP. Name Place of Incorporation or Organization Proportion of Ownership Interest UTStarcom, Inc. U.S.A 100 % UTStarcom International Products, Inc. U.S.A 100 % UTStarcom International Services, Inc. U.S.A 100 % Issanni Communications, Inc. U.S.A 100 % UTStarcom Telecom Co., Ltd China 100 % UTStarcom Hong Kong Ltd Hong Kong SAR 100 % UTStarcom Japan KK Japan] [CERTIFICATION I, 1. I have reviewed this annual report on Form 20-F of UTStarcom Holdings Corp.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with] [CERTIFICATION I, Min Xu, certify that: 1. I have reviewed this annual report on Form 20-F of UTStarcom Holdings Corp.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were] [18 U.S.C. SECTION 1350, SECTION 906 OF THE SARBANES OXLEY ACT 2002 In connection with the Report, I, (1) (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Dated: April 22, 2016 Tim Ti Chief Executive Officer] [18 U.S.C. SECTION 1350, SECTION 906 OF THE SARBANES OXLEY ACT 2002 (1) (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Dated: April 22, 2016 Chief Financial Officer] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We hereby consent to the incorporation by reference in the Registration Statements on Form S-8 (Nos. 333-108817, 333-84710, 333-44548, 333-60150, 333-120564, 333-127850, 333-136551 and 333-161639) of UTStarcom Holdings Corp. of our report dated April 22 , 2016 relating to the financial statements and financial statement schedules, which appears in this Form 20-F. Denver,] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We hereby consent to the incorporation by reference in the Registration Statements on FormS-8 (Nos. 333-108817, 333-84710, 333-44548, 333-60150, 333-120564, 333-127850, 333-136551 and 333-161639) of UTStarcom Holdings Corp. of our report dated May 19, 2015 relating to the financial statements and financial statement schedules, which appears in this Form 20-F. Shanghai, the People’s]
[UTSTARCOM HOLDINGS CORP. TABLE OF CONTENTS] [4 April 22, 2016 100 F Street, N.E. Commissioners: Very truly yours, PricewaterhouseCoopers Zhong Tian LLP Shanghai PRC] [SUBSIDIARIES OF UTSTARCOM HOLDINGS CORP. Name Place of Incorporation or Organization Proportion of Ownership Interest UTStarcom, Inc. U.S.A 100 % UTStarcom International Products, Inc. U.S.A 100 % UTStarcom International Services, Inc. U.S.A 100 % Issanni Communications, Inc. U.S.A 100 % UTStarcom Telecom Co., Ltd China 100 % UTStarcom Hong Kong Ltd Hong Kong SAR 100 % UTStarcom Japan KK Japan] [CERTIFICATION I, 1. I have reviewed this annual report on Form 20-F of UTStarcom Holdings Corp.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with] [CERTIFICATION I, Min Xu, certify that: 1. I have reviewed this annual report on Form 20-F of UTStarcom Holdings Corp.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were] [18 U.S.C. SECTION 1350, SECTION 906 OF THE SARBANES OXLEY ACT 2002 In connection with the Report, I, (1) (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Dated: April 22, 2016 Tim Ti Chief Executive Officer] [18 U.S.C. SECTION 1350, SECTION 906 OF THE SARBANES OXLEY ACT 2002 (1) (2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. Dated: April 22, 2016 Chief Financial Officer] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We hereby consent to the incorporation by reference in the Registration Statements on Form S-8 (Nos. 333-108817, 333-84710, 333-44548, 333-60150, 333-120564, 333-127850, 333-136551 and 333-161639) of UTStarcom Holdings Corp. of our report dated April 22 , 2016 relating to the financial statements and financial statement schedules, which appears in this Form 20-F. Denver,] [CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM We hereby consent to the incorporation by reference in the Registration Statements on FormS-8 (Nos. 333-108817, 333-84710, 333-44548, 333-60150, 333-120564, 333-127850, 333-136551 and 333-161639) of UTStarcom Holdings Corp. of our report dated May 19, 2015 relating to the financial statements and financial statement schedules, which appears in this Form 20-F. Shanghai, the People’s]
[UTStarcom Reports Unaudited GAAP Financial Results for the Fourth Quarter and Full year 2015 - Exceeded Q4 Revenue Expectations - - Q4 gross margin improved to 30.1% - - Achieved operating profitability and positive operating cash flow in Q4 - Hong Kong, China, March 11, 2016 — UTStarcom Holdings Corp. (“UTStarcom” or “the Company”) (NASDAQ: UTSI), a global telecommunications infrastructure] []
[UTStarcom Reports Unaudited GAAP Financial Results for the Fourth Quarter and Full year 2015 - Exceeded Q4 Revenue Expectations - - Q4 gross margin improved to 30.1% - - Achieved operating profitability and positive operating cash flow in Q4 - Hong Kong, China, March 11, 2016 — UTStarcom Holdings Corp. (“UTStarcom” or “the Company”) (NASDAQ: UTSI), a global telecommunications infrastructure] []
[THE SMART SOHO INTERNATIONAL LIMITED P.O. Box 309 Ugland House Grand Cayman, KY1-1104 Cayman Islands January 8, 2016 To the Sellers to the Purchase and Sale Agreement dated November 4, 2015 Ladies and Gentlemen: We hereby agree that, notwithstanding any inconsistent provision of the Agreement (including, without limitation, any inconsistent provisions of Section 1.03(b), Section 1.03(c), or Section 1.04 through] []
[THE SMART SOHO INTERNATIONAL LIMITED P.O. Box 309 Ugland House Grand Cayman, KY1-1104 Cayman Islands January 8, 2016 To the Sellers to the Purchase and Sale Agreement dated November 4, 2015 Ladies and Gentlemen: We hereby agree that, notwithstanding any inconsistent provision of the Agreement (including, without limitation, any inconsistent provisions of Section 1.03(b), Section 1.03(c), or Section 1.04 through] []
[UTStarcom Promotes Dr. Zhaochen Huang to Chief Operating Officer HONG KONG, January 15, 2016 (GLOBE NEWSWIRE) -- UTStarcom (NASDAQ:UTSI), a global telecommunications infrastructure provider, announced today that it had promoted Dr. Zhaochen Huang to Chief Operating Officer, effective immediately. Dr. Zhaochen Huang will oversee Global Sales and Business Development as well as Global Operations, which includes Manufacturing, Quality Assurance, Procurement,] []
