China Unicom Selects AsiaInfo to Build World's Largest VoIP Network; Under New Agreement, AsiaInfo To Build 311-city VoIP Network throughout China.Business Editors/High-Tech Writers SAN FRANCISCO--(BUSINESS WIRE)--April 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, announced today that it has been awarded a major contract to build a 311-city nationwide Voice over IP (VoIP) network in China for 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. . The agreement, signed on March 31, follows on the successful completion of a pilot project led by AsiaInfo to provide IP telephony The two-way transmission of voice over a packet-switched IP network, which is part of the TCP/IP protocol suite. The terms "IP telephony" and "voice over IP" (VoIP) are synonymous. service in 12 cities in China China is a geographical area encompassing multiple territories, under two states. You may be looking for:
Under the terms of its contract with China Unicom, AsiaInfo will build what is expected to be the largest VoIP network in the world. Once completed, this network will be able to carry 8 billion minutes of long distance calls per year, providing dial-up services An information service on demand. The term was popular when analog modems were the only way to connect to a remote system. See dial-up. to consumers and businesses through wire-line as well as wireless connections. "AsiaInfo is a natural choice for us as a long-term partner," said Liu Yunjie, CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. of China Unicom, "The company brings years of experience as a market leader in providing Internet infrastructure solutions in China." "We are pleased that China Unicom continues to show confidence in AsiaInfo and has awarded us the contract to build the largest VoIP network in the world," said James Ding, 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 Holdings, Inc. "We are committed to working together with customers like China Unicom to bring high quality, reliable and cost effective IP telephony services to customers all over China." 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 and CNCNET of 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. . 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 www.asiainfo.com. About China Unicom China United Telecommunications Corporation (China Unicom) was established in 1994 and is the second-largest national public telecommunications operator in China. China Unicom provides a wide array of services, including long distance telephone services, local telephone services, mobile communications services, and data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. services. China Unicom has over 10,000 employees and owns 6 subsidiaries with 163 branches in China. 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 result of operation is 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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