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UTStarcom sells handset division for $240 million

July 2, 2008 — 8:32am ET | By Sue Marek

Just four years after purchasing its handset division from Audiovox, UTStarcom will sell it to an investment group for $240 million. The newly formed entity, which will be controlled by AIG Read more >>

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UTStarcom sells handset division for $240 million

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