AsiaInfo Wins Multiple Contracts From China Unicom for Provincial Network Expansion.Business Editors/High-Tech Writers BEIJING & SANTA CLARA Santa Clara, city, Cuba Santa Clara (sän`tä klä`rä), city (1994 est. pop. 217,000), capital of Villa Clara prov., central Cuba. , Calif.--(BUSINESS WIRE)--Aug. 5, 2002 Contracts Demonstrate Continued Market Momentum In Network Infrastructure Build-Out In China AsiaInfo Holdings, Inc. (Nasdaq:ASIA Asia (ā`zhə), the world's largest continent, 17,139,000 sq mi (44,390,000 sq km), with about 3.3 billion people, nearly three fifths of the world's total population. ), a leading provider of telecom network integration and software solutions in China, today announced that it has signed multiple contracts with China Unicom China Unicom, full name China United Telecommunications Corporation, 中国联通, HKSE: 0762 NYSE: CHU, is a telecommunication operator in the People's Republic of China. 52. to expand the carrier's provincial data networks and provide them with AsiaInfo's billing software: AIOBS and AICBS. AsiaInfo will upgrade and expand China Unicom's data networks in the provinces of Ningxia, Qinghai, Hainan and Beijing. AsiaInfo, rapidly gaining market share in the provincial network infrastructure market, has now been commissioned by China Unicom to build data networks and provide IP billing and customer care software in 12 out of 31 provinces, in addition to having built the carrier's national backbone. Provincial networks are extensions of the national backbone, covering broader areas and reaching more end users. This upgrade will enable China Unicom to serve over 1 million subscribers, a significant increase from the previous capacity of 130, 000. James Ding, president and chief executive officer of AsiaInfo, said: "The continued rollout of IP networks for China Unicom demonstrates that, despite the global telecom slowdown For articles with similar titles, see Slow Down (disambiguation). A slowdown is an industrial action in which employees perform their duties but seek to reduce productivity or efficiency in their performance of these duties. , Chinese carriers are continuing to build, expand and enhance their data networks. By offering a complete spectrum of value-added telecom software solutions to our customers, we hold a great advantage over our domestic and international competitors." In addition to IP software solutions, China Unicom's newly developed CDMA (Code Division Multiple Access) A method for transmitting simultaneous signals over a shared portion of the spectrum. The foremost application of CDMA is the digital cellular phone technology from QUALCOMM that operates in the 800 MHz band and 1.9 GHz PCS band. network has deployed AsiaInfo's wireless billing and customer care software in 8 key provinces. About AsiaInfo Holdings, Inc. AsiaInfo Holdings, Inc. (Nasdaq:ASIA) is a leading provider of telecom network integration and software solutions in China. The company provides high-quality software and solutions to China's telecom carriers, meeting the demanding needs of a fast-growing industry. The company's three strategic business units -- network Infrastructure, Operation Support Systems and Service Applications -- offer a full-range of front- and back-end telecom software solutions. AsiaInfo's products and services cover network infrastructure services including design, implementation, operation and optimization optimization Field of applied mathematics whose principles and methods are used to solve quantitative problems in disciplines including physics, biology, engineering, and economics. , customer management and billing solution; decision support system; and service applications encompassing messaging, broadband broadband Term describing the radiation from a source that produces a broad, continuous spectrum of frequencies (contrasted with a laser, which produces a single frequency or very narrow range of frequencies). , wireless and other advanced applications. A Delaware-registered company, AsiaInfo has constructed national backbones and provincial access networks for all of China's major national telecom carriers since 1995, including China Telecom, China Netcom China Netcom, full name China Netcom Group Corporation (Hong Kong) Limited, abbreviated CNC, was originally formed in August 1999 by the People's Republic of China government to enable inward investments to build high speed Internet communications in the country. , China Mobile, China Unicom and China Railcom. Since 2000, the company has successfully shifted its focus from Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the infrastructure construction to the provision of a full suite of telecom software solutions. For more information about AsiaInfo, please visit http://www.asiainfo.com. The statements in this news release contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that involve risks and uncertainties that could cause actual results to differ from anticipated results. Further information on risk factors that could affect AsiaInfo's results of operation are detailed in AsiaInfo's registration statement, as filed with the Securities and Exchange Commission. A copy of the registration statement, including exhibits, may be reviewed at the Commission's public reference room at Judiciary judiciary Branch of government in which judicial power is vested. The principal work of any judiciary is the adjudication of disputes or controversies. Regulations govern what parties are allowed before a judicial assembly, or court, what evidence will be admitted, what Plaza, 450 Fifth Street, N.W., Washington, D.C. 20549. The registration statement and other company filings can also be reviewed by accessing the Commission's Internet site at http://www.sec.gov, which contains reports, proxy and information statements and other information regarding registrants that file electronically with the Commission. |
|
||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion