BEIJING, April 22, 2013 (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 China, today announced that it has established a strategic partnership with China Tietong Telecommunications Corporation ("China Tietong"), a wholly-owned subsidiary of China Mobile Communications Corporation and the third largest fixed-line Internet service provider in China.
Under the partnership, the two parties will join efforts to develop a content delivery network in China for China Tietong. ChinaCache will leverage its technical expertise and dedicate its resources including technical support, customer care, marketing and professional services support. In conjunction with these efforts, China Tietong will deploy servers and other necessary hardware to build the content delivery network infrastructure and operate the network with the support of ChinaCache. Together, the companies strive to maximize both Internet and mobile end user experience, while reducing network-related costs and improving network efficiencies.
"We are delighted to partner with China Tietong on this exciting initiative, which we believe is the first of its kind in the industry. Under this agreement, we will embed our leading CDN technologies into China Tietong's nationwide network to help improve end-user experience," commented Mr. Song Wang, Founder, Chairman and CEO of ChinaCache. "We are pleased to be able to contribute our substantial experience and industry-leading technologies and we look forward to potentially extending international expansion opportunities through this important partnership with China Tietong. We will continue to seek various types of strategic partnerships with carriers that benefit both parties, as well as millions of Internet users."China Tietong, a state-owned telecommunications operator in China, provides xDSL, xPON, and fixed-line telephone services with their nationwide backbone network. It is the third largest fixed-line Internet service provider in China, after China Telecom and China Unicom. In May, 2008, China Tietong was taken over by China Mobile Communications Corporation and became its wholly-owned subsidiary.
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 + 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