AsiaInfo Wins Multiple Contracts to Support China Mobile Provincial IP Network Build-out; Company Strengthens Position in Wireless Internet Market.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)--April 23, 2001 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 software products and infrastructure solutions for next generation network operators in China, announced today that it has won multiple contracts from China Mobile, the largest mobile services provider in China. Under the initial contracts, valued at US$3 million in total, AsiaInfo will build provincial IP networks and supply its software products to China Mobile's subsidiaries in Jiangsu, Inner Mongolia Inner Mongolia Chinese Nei Mongol or Nei-meng-ku Autonomous region (pop., 2002 est.: 23,790,000), China. Stretching some 1,800 mi (2,900 km) across north-northeastern China, it has an area of 454,600 sq mi (1,177,500 sq km); its capital is Hohhot. , Henan and Shanxi provinces. Services and software account for 60% of the entire contract value. Following a contract signed in September 2000 to build China Mobile's national Internet backbone (communications, networking) Internet backbone - High-speed networks that carry Internet traffic. These communications networks are provided by companies such as AT&T, GTE, IBM, MCI, Netcom, Sprint, UUNET and consist of high-speed links in the T1, T3, OC1 and OC3 ranges. , AsiaInfo has been actively supporting the customer's continuous Internet infrastructure expansion. To date, seven subsidiaries of China Mobile have contracted AsiaInfo for wireless Internet infrastructure construction projects. It is expected that China Mobile's Internet build-out will continue to expand on the provincial level in the next few years, representing a substantial market opportunity for AsiaInfo. As of the end of 2000, the number of mobile users in China reached 85.3 million. As demand for higher end Coordinates: For other places with the same name, see Billinge. Higher End or Billinge Higher End is a district of the Metropolitan Borough of Wigan, in Greater Manchester, England. wireless services increases, AsiaInfo will help leading mobile operators to prepare for new business such as General Packet Radio Services (GPRS (General Packet Radio Service) The first high-speed digital data service provided by cellular carriers that used the GSM technology. GPRS added a packet-switched channel to GSM, which uses dedicated, circuit-switched channels for voice conversations. ) and Wireless Application Protocol (WAP (1) (Wireless Access Point) See access point. (2) (Wireless Application Protocol) A standard for providing cellular phones, pagers and other handheld devices with secure access to e-mail and text-based Web pages. ) services. President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of AsiaInfo, James Ding commented, "The further build-out of Internet infrastructure at China Mobile reflects the company's strategic move from being a pure mobile services provider to a multi-service next generation communication services provider. AsiaInfo's enhanced software products and solutions are well positioned to support such a transition. In 1995, AsiaInfo came to China and built the country's first national Internet backbone. Ever since, we have successfully maintained a 60% share in the Internet infrastructure solution market. With our extensive experience in this arena and our full suite of convergent communication software, I am confident that we will duplicate such success again in the wireless communication market." About AsiaInfo Holdings, Inc. AsiaInfo Holdings, Inc. (Nasdaq:ASIA) is a leading provider of software products and infrastructure solutions for next generation network operators in China. The company offers telecommunications service providers total network solutions and develops proprietary software for Internet service providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. , Internet content providers and telecommunications service providers. Its customer management and billing software products meet the complex, mission-critical provisioning, accounting, reporting and marketing needs of Internet and telecommunications service providers. In addition, the company supplies carrier-scale messaging products to Internet service providers in China. Since it moved its operations from the US to China in 1995, AsiaInfo has served as a chief architect of China's Internet infrastructure, crafting Internet backbones A group of communications networks managed by several commercial companies that provide the major high-speed links across the country. ISPs are either connected directly to these backbones or to a larger regional ISP that is connected to one. for all the major national carriers including China Telecom, China Mobile, 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. , and China Netcom. For more information about AsiaInfo, please visit http://www.asiainfo.com. The statements in this news release contain forward-looking statements 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 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. |
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