This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

ChinaCache's First Quarter 2013 China Internet Report Shows Average Internet Speeds In China Increase 13.5% Quarter-Over-Quarter To 2.94 Mb/s

BEIJING, May 16, 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, released its First Quarter 2013 China Internet Report. According to the report, in the first quarter of 2013, average Internet connection speeds in China increased 13.5% to 2.94 Mb/s from 2.59 Mb/s in the fourth quarter of 2012. According to the report, nearly half of China's Internet population had bandwidth access above 2Mb/s in the first quarter of 2013 and users in Shanghai continued to enjoy the country's fastest access, with an average connection speed of 4.32 Mb/s.

Among China's three major carriers, China Telecom remained the fastest, at 3.03 Mb/s, followed by China Mobile's 2.85 Mb/s and China Unicom's 2.81 Mb/s, in the first quarter of 2013. China Unicom had the highest quarter-over-quarter increase in average connection speeds, at 22%.

ChinaCache's China Internet Report provides a comprehensive picture of China's Internet landscape, including Internet users' geographic distribution, connection speed and bandwidth access statistics, carrier-specific data and more.

"As part of the 'Broadband China' initiative to enhance China's Internet performance, we are proud to see China's average Internet speeds increase further in the first quarter. In this quarter's report, we provide a new data point which illustrates another dimension of China's Internet landscape: Internet connection speeds at peak and off-peak times," commented Dr. Ken Zhang, President of ChinaCache. "As we all know, big data has become increasingly important to companies and organizations who are seeking to make decisions more efficiently and accurately. With the large amount of data running on our network and over the CC Index platform every day, ChinaCache is able to analyze the raw traffic and provide valuable data resources for carriers, Internet service providers (ISPs), content providers and individual users. We publish China Internet Report on a quarterly basis to present the analytics and monitor China's Internet progress. Following its Content-aware Network Services strategy, ChinaCache will continue to make contributions to improving China's Internet performance with our leading technology and expertise."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,158.36 -130.27 -0.71%
S&P 500 2,101.48 -15.91 -0.75%
NASDAQ 4,965.3250 -42.7710 -0.85%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs