BEIJING, Nov. 14, 2012 /PRNewswire/ -- UTStarcom Holdings Corp. ("UTStarcom" or the "Company") (Nasdaq: UTSI), a leading provider of Broadband equipment and solutions, today announced that it has acquired a significant minority stake in aioTV Inc. ("all-in-one TV" or "aioTV"), a leading international cloud-based video aggregation and distribution platform. The deal gives UTStarcom access to technology that will bolster its rollout of subscription-based value added media services, while giving aioTV a partner with whom to offer its technology in emerging markets in Asia.
UTStarcom To Invest In Next Generation Video Platform AioTV
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