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."
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