UTStarcom Holdings Corp., a global telecommunications infrastructure provider, reported its unaudited financial results for the first half of 2025. The company experienced a decline in total revenues, reporting $4.6 million compared to $5.7 million in the same period in 2024, marking a decrease of 19.3%. Net equipment sales fell by 31.6% to $0.5 million, driven by reduced sales to major customers in India. Net services sales also decreased by 16.9% to $4.1 million, primarily due to the completion of current projects and the absence of new major projects in India. The gross profit for the period was $0.8 million, representing 16.2% of net sales, down from $1.7 million or 30.0% in the corresponding period in 2024. UTStarcom reported a net loss of $3.7 million, compared to a net loss of $2.0 million in the first half of 2024. The company's cash balance stood at $49.2 million as of June 30, 2025. In terms of business developments, UTStarcom secured a significant contract with the China Telecom Research Institute for the manufacturing of disaggregated router hardware platforms to be used on China Telecom's STN network. This multi-million dollar win highlights the company's ongoing efforts to expand its market presence and support existing customers.