Audiovox Corporation Finalizes UTStarcom Deal

[Kris Kumar]

<div class='os_post_top_link'><a href='http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=VOXX&script=410&layout=-6&item_id=692619' target='_blank'>http://www.corporate-ir.net/ireye/ir_site.zhtml?ticker=VOXX&script=410&layout=-6&item_id=692619</a><br /><br /></div><i>"Audiovox Corporation announced today that it has received the final escrow payment and the remaining balance of outstanding net working capital adjustments associated with the sale of its cellular subsidiary's business, Audiovox Communications Corp. to UTStarcom, Inc. One Hundred percent of the escrow was paid, as there were no disputes or adjustments to the transaction."</i><br /><br />I guess this means that the stage is clear for the launch of the popular SMT5600 on the Cingular network as the <a href="http://www.smartphonethoughts.com/forums/viewtopic.php?t=7955">UTStarcom SMT5600</a> in May. :-)

[possmann]

What would reallt be cool is if Cingular released the HTC version that Orange is releasing (I think also in May) where the screen res is boosted up (sigh). Wishfull thinking I guess.

I'm just pleased as punch that this is going to be availble in the USA - FINALLY - geesh.

May is going to be a great month I tell you...
this phone releases
star wars release
xbox Black Hawk Down releases

June is going to be such a let down - LOL

[Mike Temporale]

May is going to be a great month I tell you...
this phone releases
star wars release
xbox Black Hawk Down releases

June is going to be such a let down - LOL

Bring it on Anakin! 8) :lol:

Seriously, June won't be that "bad". You'll be back to the theaters to see SW again (at least I will), and you'll still be playing Black Hawk Down.

BTW --> I've heard the xbox Lego Star Wars game is amazing. However, I have yet to try. :(