On November 6, 2008, UTStarcom, Inc. (the "Company") issued a press release entitled "UTStarcom Releases Financial Results for the Third Quarter of 2008." A copy of the press release is furnished as Exhibit 99.1 to this report. In the furnished press release, the reconciliation tables for GAAP gross margin to pro forma non-GAAP gross margin and for GAAP operating loss to pro forma non-GAAP operating loss each include corrected information in the column for Q4 2007.

On November 6, 2008, the Company held a conference call to discuss its financial results for the third quarter of 2008. A copy of the transcript of the conference call is furnished as Exhibit 99.2 to this report. In the furnished transcript, the tax expense for the third quarter of 2008 and the percentage year-over year decline in the PAS infrastructure revenues, which were inadvertently reported inaccurately during the conference call, have been corrected.

The information in this Item 2.02, including the exhibits hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section. In addition, the information in this report shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporating language in such filing, except as shall be expressly set forth by specific reference in such filing.

(d) Exhibits

The following exhibits are furnished pursuant to Item 2.02:

Exhibit No.                           Description
99.1          Press Release dated November 6, 2008
99.2          Transcript of Earnings Conference Call held November 6, 2008