AsiaInfo and Ericsson Forge Strategic Alliance to Expand Mobile Internet Services in China.Business Editors/High-Tech Writers BEIJING and 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)--September 6, 2000 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 Internet infrastructure solutions and software products in China, and Ericsson (Nasdaq:ERICY), the global leader in mobile communications, announced today the signing of a memorandum of understanding A Memorandum of Understanding (MoU) is a legal document describing a bilateral or multilateral agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action and may not imply a legal commitment. to collaborate in simplifying customer billing for mobile Internet Refers to gaining access to the Internet using a lightweight, handheld device. See Mobile IP, PDA, smartphone and mobile TV. users in China. As part of the alliance, AsiaInfo will integrate its real-time customer management and billing software, AIOBS, with Ericsson's 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. ) gateways. The GPRS system will enable service operators to offer IP based applications to mobile networks at a faster rate than current voice application networks. Together these products will allow service operators the flexibility to offer multiple pricing options such as content-based and usage-based billing. For end users, the integrated solution will enable them to enjoy the simplicity of combined billing information on a single bill and the convenience of real-time subscription to new Web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. . "China is one of Ericsson's largest global wireless markets, usage is expected to reach 70 million users by the end of this year," said Jan Malm n. 1. A kind of brick of a light brown or yellowish color, made of sand, clay, and chalk. , Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of Ericsson (China) Company Ltd. "By working with AsiaInfo, a leader in customer management and billing software in China, we are confident that we will broaden and strengthen our offerings in the area of billing, providing the solution to meet the needs of customers for the expansion of Mobile Internet services in China." "Ericsson is the global leader in Mobile Internet infrastructure and WAP application tools." said Michael Zhao, Chief Strategy Officer at AsiaInfo Holdings, Inc. "Through our joint efforts, we will be able to provide our customers an integrated solution to facilitate not only voice communication but wireless data communication for access to content on the Internet." About AsiaInfo Holdings, Inc. AsiaInfo Holdings, Inc. (Nasdaq:ASIA) is a leading provider of Internet infrastructure, total solutions and software in China, one of the world's fastest growing Internet markets. The company offers telecommunications service providers in China total network solutions for their Internet infrastructure requirements 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. Since it moved its operations from the US to China in 1995, AsiaInfo has served as a chief architect of China's Internet infrastructure. AsiaInfo has been pioneering the development of China's Internet infrastructure by designing and building the first national commercial 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. in China, ChinaNET, as well as the first provincial Internet backbone in China, GuangdongNET. The company is also building the other two national commercial 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. in China: UniNET of 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 CNCNET of China Netcom. AsiaInfo develops, markets and supports real time, scalable and adaptable proprietary Internet software solutions tailored to meet the needs of clients in China. The company's customer management and billing software products meet the complex, mission-critical provisioning, accounting, reporting and marketing needs of Internet and telecommunications service providers. The company also offers carrier-scale-messaging products to Internet service providers in China. For more information about AsiaInfo, please visit http://www.asiainfo.com. About Ericsson Ericsson is the leading communications supplier, combining innovation in mobility and Internet in creating the new era of mobile Internet. Ericsson provides total solutions covering everything from systems and applications to mobile phones and other communications tools. With more than 100,000 employees in 140 countries, Ericsson simplifies communications for customers all over the world. In China, Ericsson has nearly 4,000 employees, 24 representative offices, 10 joint ventures and three wholly owned companies, providing Chinese customers with a full range of communications solutions and services. 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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