subject: Du Baichuan Will Join The Board Of Directors? Ut Starcom Re-turned-ut Starcom, Du Baichuan, [print this page] 2 3 AP: 1 February night, UT Starcom announced Yizhuang Beijing International Investment and Development Co., Ltd. reached an agreement, UT Starcom will be international and RamMaxGroup and ShahCapitalManagement Yizhuang total of 48.5 million U.S. dollars investment. Which Yizhuang amount 25 million U.S. dollars of international investment, RAMMaxGroup amount of 12.5 million U.S. dollars investment, ShahCapital amount of investment 11 million U.S. dollars. As part of the agreement, UT Starcom headquarters will move to Beijing.
UT Starcom gorgeous turn again? According to public information, the deal is completed, China SARFT Du Baichuan former deputy chief engineer, will join UT Starcom board. In addition, the Yizhuang International Executive Vice President Li Xiaoping and Yellowstone Capital Executive Director Peter Wong will join the UT Starcom Global Board of Directors. UT Starcom's Board of Directors seats increased from 6 to 7. Also under the agreement, UT Starcom Beijing Economic and Technological Development Zone will receive tax benefits and other financial and non-financial assistance.
The headquarters to Beijing, for favorable tax treatment and Du Baichuan will join the board of directors of the message, people have to think before has focused on telecommunications IPTV The market to turn to the UT Starcom Radio . Of course, with this year Triple play Introduction of policies, the mature solution does have advantages.
UT Starcom Although based in the U.S., but China is its main base, and fortune of the place, the success of the year with the PHS, UT Starcom has repeatedly drawn attention from the U.S. capital in the domestic scene is also a time without the two . However, as also defeated Xiao He Xiao He, along with the decline of PHS, UT Starcom began to shift to IPTV, to complete the first turn. However, China and the world's IPTV market growth rate well below original expectations, coupled with the fierce competition among equipment manufacturers, will IPTV UT Starcom as its pillar industry is clearly not as compared with main competitors and more difficult .
Triple play is now carrying the east, the Beijing municipal government's support and work hard years of market experiences, UT Starcom's second turn to the future, let's sustained attention.
Re-appointed CEO of suspected eagle returned
Public information display, UT Starcom Lu Ying has been appointed as the new CEO and president, the effective time of the investment in three months or after June 30, 2010. Completion of the transaction to the CEO appointment in force, Lu Ying, will serve as chief operating officer of UT Starcom. UT Starcom in Lu Ying became CEO, the incumbent CEO will retire Blackmoore.
Lu Ying, Wu Ying, one word-drunk people almost mistaken beard return. Way back when, Mr. Wu led the UT Starcom beard area in the PHS indomitable, achievements of the UT Starcom has an insurmountable peak. With the decline of PHS and continued restructuring in the new field of setbacks, Mr. Wu from UT Starcom dejected retreat eventually. After leaving UT
Wu Ying become investors, the current chairman of the board in Zejia Union Investment Co., Ltd.. And Wu Ying and IPTV in the most recent close contact with Shanghai Media 100 in communication with France Telecom as the three-screen integration strategy Cooperation Conference there. Mr. Wu currently unable to confirm how this cooperation is in place, there is industry speculation that he may learn to pull strings.
UT Starcom new CEO Lu Ying graduated from the Huazhong University of Science and was awarded the University of Southern California Master of Business Administration. In light Electronic Components SourcePhotonics as co-chief operating officer and general manager of China. Prior to joining SourcePhotonics, he had Fiberxon (Fiberxon), including the company served as Chief Executive Officer, Chief Operating Officer and Marketing And Sell Vice President and other positions. Before founding the company in Jiarufeibo, Lu Eagle Business Group in the United States (USBusinessNetworks) as business strategy development minister. Before that, he had also served in the China National Technical Import and Export Corporation senior manager.
In the triple play opportunity, the next generation "Eagle", led by UT Starcom that we look forward to the successful turn.
