ChinaCache Signs Multiple Service Agreements With China Mobile Subsidiaries
BEIJING, Jan. 3, 2011 (GLOBE NEWSWIRE) -- ChinaCache International Holdings Ltd., ("ChinaCache" or the "Company") (Nasdaq:CCIH), the leading provider of Internet content and application delivery services in China, today announced that it has signed service agreements with three provincial subsidiaries of China Mobile, including China Mobile Guizhou, China Mobile Xinjiang and China Mobile Henan, as well as three of China Mobile's municipal operators in the province of Jiangsu, China Mobile Suzhou, China Mobile Nanjing and China Mobile Yancheng, for content and application delivery services.
Under the terms of the agreements, ChinaCache will provide integrated content and application delivery solutions including the company's Content Bridging Services to these China Mobile subsidiaries with the aim of significantly improving the user experience for China Mobile's broadband mobile users
Mobile Internet continues to be one of the primary drivers of Internet growth in China today. Total mobile users in China topped 842 million in November 2010, while total number of mobile Internet users had reached 276.8 million during the first half of 2010, according to China Internet Network Information Center. The accelerated growth in the mobile Internet sector will continue to create demand for content and application delivery services."We are very excited about prospects of serving these China Mobile subsidiaries. Our mobile solutions will enable millions of broadband mobile users to enjoy much better user experience," commented Mr. Song Wang, chief executive officer of ChinaCache. "We have made solid progress in the mobile Internet vertical in the fourth quarter. The addition of these China Mobile subsidiaries significantly expands our business presence and further strengthens our market leadership in the mobile Internet industry," Wang continued. Traditional mobile communications in China has been largely confined to voice, simple data communications such as transmission of pictures and text messages including short and multi media messages. Today, rich media Internet applications including music, gaming, social networking and video are increasingly being adopted by mobile users today. Combined with wider deployment of 3G services, demand in the mobile sector for content and application delivery services is expected to continue to see strong growth.
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