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UTStarcom: Trading At 1.3 Times Net Cash And Nearing End Of Transformation Process
2015-04-08 00:19:17| Wireless - Topix.net
New management team's strategic initiatives to transform the underperforming company are starting to bear fruit, with expectations of higher take-up rates for its high margin products in 2015. Company's balanced capital allocation approach and its willingness to return cash to shareholders via share buybacks reduce the risk that it is a value trap.
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Category:Telecommunications