[April 16, 2013] UTStarcom Restores NASDAQ Listing Compliance Tweet Apr 16, 2013 (Close-Up Media via COMTEX) -- UTStarcom Holdings Corp., a provider of media operational support services and broadband equipment products and services, announced the Company received a formal notice from NASDAQ that it has regained compliance with Listing Rule 5450(a)(1) as a result of the closing bid price of the Company's ordinary shares being at $1.00 per share or greater for the last 11 consecutive business days. According to a release, UTStarcom is focused on providing next generation media operational support services in the rapidly growing markets for TV over IP services and broadband equipment products and services. UTStarcom is committed to meeting the evolving needs of cable and broadband service providers to enable a more personalized entertainment experience. The Company sells its media operational support services and broadband equipment products and services to operators in both emerging and established broadband and cable markets around the world. More information: www.utstar.com ((Comments on this story may be sent to [email protected])) [ Back To TMCnet.com's Homepage ]