HONG KONG and BEIJING, Aug. 15, 2012 (GLOBE NEWSWIRE) -- ChinaCache International Holdings Ltd. ("ChinaCache" or the "Company") (Nasdaq:CCIH), the leading total solutions provider of internet content and application delivery services in mainland China, and Hutchison Global Communications Limited ("HGC"), the fixed-line operation of Hutchison Telecommunications Hong Kong Holdings Limited (HKex Stock Code: 215), today jointly announced that the two companies have signed a memorandum of understanding (MOU) to create a mutually beneficial collaboration and explore Asian markets for the provision of Content Delivery Network (CDN) services together. It is a collaboration between ChinaCache and HGC's international operations.
Under the MOU, ChinaCache will establish CDN and Cloud nodes at HGC's data centers with facilities, including hardware, software and cabinets, provided by HGC. The two companies intend to work closely together and support each other in developing the markets of mainland China, Hong Kong, and other regions in South East Asia to bring high-quality services and enhanced user experience to customers in these markets.
"We are very excited to partner with HGC. HGC has an extensive global footprint and a strong presence in Hong Kong, South East Asia and the Americas. We are delighted to put our expertise in CDN together with HGC's rich experience in managing world-class global network and data centers to provide quality services to more customers in Asia," commented Mr. Song Wang, founder, chairman and CEO of ChinaCache."The MOU has underscored ChinaCache and HGC's concerted effort to bring the best and the widest range of telecom products and services to customers. We believe that ChinaCache's CDN services will help enhance HGC's service portfolio and its capabilities to access mainland China's Internet contents in terms of volume, speed and readiness for customers in Hong Kong and overseas," said Andrew Kwok, President of International Business at HGC.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV