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Form 6-K UTSTARCOM HOLDINGS CORP. For: Nov 08

November 8, 2016 6:10 AM EST

  

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of November 2016

 

 

 

Commission File Number: 001-35216

 

 

 

UTSTARCOM HOLDINGS CORP.

 

 

 

Level 6, Hennessy Road, Admiralty,

Hong Kong

(Address of principal executive office)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F  x   Form 40-F  o

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):o

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):o

 

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

 

Yes  o   No  x

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  UTStarcom Holdings Corp.
   
  /s/ Min Xu
  Min Xu
  Chief Financial Officer

 

 

Date: November 8, 2016

 

 

The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this information, except to the extent such damages or losses cannot be limited or excluded by applicable law. Past financial performance is no guarantee of future results.

 

 

EXHIBIT INDEX

 

Exhibit

No.

  Description
     
99.1  

Press release regarding UTStarcom Announces Changes to Board of Directors

 

 

The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this information, except to the extent such damages or losses cannot be limited or excluded by applicable law. Past financial performance is no guarantee of future results.

 

 

Exhibit 99.1

 

UTStarcom Announces Changes to Board of Directors

 

Hong Kong, November 8, 2016 – UTStarcom (NASDAQ: UTSI), a global telecommunications infrastructure provider, today announced that Mr. Guoping Gu resigned from the Company's Board of Directors, effective immediately. The Board appointed Mr. Tim Ti, the Company’s Chief Executive Officer, to replace Mr. Gu, also effective immediately.

 

Himanshu Shah, the Chairman of UTStarcom’s Board of Directors, commented, “We thank Mr. Gu for his contributions to UTStarcom during his tenure, and wish him all the best going forward. Meanwhile, we are delighted that Tim agreed to join the Board. Tim’s experience and leadership at the Company will further enhance the quality and effectiveness of our Board.”

 

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 Tokyo, Japan; San Jose, USA; Hangzhou, China; Delhi and Bangalore, India. 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 Relation

Email: [email protected]

 

In the United States:

 

The Blueshirt Group

Ralph Fong

Tel: +1 (415) 489-2195

Email: [email protected]

 

 

The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this information, except to the extent such damages or losses cannot be limited or excluded by applicable law. Past financial performance is no guarantee of future results. 

 

 

 



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