UTStarcom to Announce Third Quarter 2017 Financial Results on Monday, November 20, 2017

HONG KONG, Nov. 15, 2017 -- UTStarcom (NASDAQ:UTSI), a global telecommunications infrastructure provider, announced today that it will report its unaudited financial results for the third quarter ended September 30, 2017 before the U.S. market open on Monday, November 20, 2017.  The Company will hold a conference call to discuss the financial results at 8:00 a.m. Eastern Time (9:00 p.m. Hong Kong/Beijing Time) the same day.

To participate in the call, please dial the numbers below. The conference code is 9760293.  This call can be accessed via webcast on the Investor Relations section of UTStarcom’s website at http://www.utstar.com.

United States / Canada: +1 (800) 239-9838
Hong Kong: +852-3008-1527
China: 4001-209-101
The attendee passcode is: 9760293

A replay of the call will be available approximately two hours after the conclusion and will remain available for thirty calendar days.

The conference call replay numbers are as follows:

United States: +1 (888) 203-1112
Hong Kong: 800-901-108
China: 4001-201-651
International: +61-2-9101-1954
The replay passcode for accessing the recording is 9760293.

Additionally, the Company announced today the filing of its annual report on Form 20-F for the year ended December 31, 2016 with the Securities and Exchange Commission (the "SEC") on November 14, 2017.  As disclosed in the Form 20-F, the Company restated its 2015 financial statements to reflect an impairment charge on its investment in UTStarcom Hong Kong Holding, Ltd., an entity spun off by the Company in August 2012 that primarily operated an independent IPTV business in China. 

The annual report on Form 20-F, which contains the Company's audited consolidated financial statements, can be accessed and downloaded on the SEC's website at http://www.sec.gov and the investor relations section of the Company's website at http://www.utstar.com.  The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to the Company's Investor Relations Department at [email protected].

About UTStarcom Holdings Corp.

UTStarcom (NASDAQ:UTSI) is a global telecom infrastructure provider dedicated to developing technology that will serve the rapidly growing demand for bandwidth from cloud-based services, mobile, streaming, and other applications.  We work with carriers globally, from Asia to the Americas, to meet this demand through a range of innovative broadband packet optical transport and wireless/fixed-line access products and solutions.  The Company’s end-to-end broadband product portfolio, enhanced through in-house Software Defined Networking (SDN)-based orchestration, enables mobile and fixed-line network operators and enterprises worldwide to build highly efficient and resilient future-proof networks for a range of applications, including mobile backhaul, metro aggregation, broadband access and Wi-Fi data offload.  Our strategic investments in media operational support service providers expand UTStarcom’s capabilities in the field of next generation video platforms.  UTStarcom was founded in 1991, started trading on NASDAQ in 2000, and has operating entities in Hong Kong; Tokyo, Japan; San Jose, USA; Delhi and Bangalore, India and Hangzhou, China. For more information about UTStarcom, please visit http://www.utstar.com.

For investor and media inquiries, please contact:

UTStarcom Holdings Corp.
Tel: +852-3951-9757

Fei Wang, IR Director
Email: [email protected]

Ning Jiang, Investor Relations
Email: [email protected]

In the United States:

The Blueshirt Group
Mr. Ralph Fong
Tel: +1 (415) 489-2195
Email: [email protected]