This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

ChinaCache Reports Q3 Average Internet Speed In China Sequentially Increased 20%

Stocks in this article: CCIH

BEIJING, Nov. 27, 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, reported China's Internet performance in the third quarter of 2013. China's Internet connection speeds increased 20% in the third quarter of 2013 to 3.97 Mb/s, from 3.3 Mb/s in the second quarter. More significantly, over 74% of China's Internet population reported average speeds between 3Mb/s to 4Mb/s – allowing users to quickly download and stream large files, such as movies and videos.

With an average connection speed of 6.17Mb/s, Shanghai remained the province with the fastest access, and the only province with average connection speeds above 6Mb/s. In the third quarter, six provinces achieved average connection speeds above 4Mb/s: Beijing (4.92Mb/s), Jiangsu (4.25Mb/s), Fujian (4.21Mb/s), Shandong (4.20Mb/s), Zhejiang (4.16Mb/s) and Heilongjiang (4.07Mb/s), making this the first time that Shanghai was not the only province with an average connection speed above 4Mb/s.

Among China's three major carriers, China Telecom remained the fastest in the third quarter of 2013, at 4.06 Mb/s, followed by China Unicom's 3.87 Mb/s and China Mobile's 3.77 Mb/s. China Mobile greatly narrowed its speed gap against its peers and achieved the highest increase in average speeds, up 35% from the prior quarter. China Telecom and China Unicom also preformed strongly in the third quarter, with each delivering double digit increases.

Windows XP is still the dominant operating system used in China with an installation base of 70% of the country's Internet population. Windows 7 is in the second place with 28% of the Internet population installing it on their computer, and Windows 8, which is relatively new to the market, has 1.4% market share. As for non-Windows operating systems, only Mac OS X makes the ranking, accounting for 0.5% of users.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

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