ChinaCache Receives CDN License from the Chinese Government
01 June 2017 - 10:00PM
ChinaCache International Holdings Ltd. (“ChinaCache” or the
“Company”) (Nasdaq:CCIH), a leading total solutions provider of
Internet content and application delivery services in China, today
announced that it has received the “Content Delivery Network (CDN)
Business Operating License” from the Ministry of Industry and
Information Technology of the People’s Republic of China.
Under the terms of the license, the Company is
allowed to operate four types of Type I valued-added telecom
businesses including (1) CDN business in all parts of China, (2)
Internet Data Center (IDC) business in four municipalities directly
under the authority of the central government and in fourteen other
cities, (3) VPN business in two municipalities directly under the
authority of the central government and six other cities, and (4)
Internet connection business in four municipalities directly under
the authority of the central government and in thirteen
provinces.
Mr. Song Wang, Chairman and CEO of CCIH
commented, “We are pleased to receive the new CDN license that
covers both the CDN and the IDC businesses and provides us with a
distinct competitive advantage as we further deliver customized
total solution services to our customers. We received the first CDN
license in China from the Chinese government in 2002 and the new
license reaffirms the quality of our service and technology.
Starting January 1, 2018, companies without CDN licenses will be
prohibited from providing CDN services in China.”
About ChinaCache International Holdings
Ltd.
ChinaCache International Holdings Ltd.
(Nasdaq:CCIH) is a leading total solutions provider of Internet
content and application delivery services in China. As a
carrier-neutral service provider, ChinaCache's network in China is
interconnected with networks operated by all telecom carriers,
major non-carriers and local Internet service providers. With more
than a decade of experience in developing solutions tailored to
China's complex Internet infrastructure, ChinaCache is a partner of
choice for businesses, government agencies and other enterprises to
enhance the reliability and scalability of online services and
applications and improve end-user experience. For more information
on ChinaCache, please visit ir.chinacache.com.
Safe Harbor Statement
This announcement contains forward-looking
statements. These statements are made under the "safe harbor"
provisions of the U.S. Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates" and similar statements.
ChinaCache may also make written or oral forward-looking statements
in its reports filed or furnished to the U.S. Securities and
Exchange Commission, in its annual reports to shareholders, in
press releases and other written materials and in oral statements
made by its officers, directors or employees to third parties.
Forward-looking statements involve inherent risks and
uncertainties. A number of factors could cause actual results to
differ materially from those contained in any forward-looking
statements, including but not limited to the following: the
Company's goals and strategies, expansion plans, the expected
growth of the content and application delivery services market, the
Company's expectations regarding keeping and strengthening its
relationships with its customers, and the general economic and
business conditions in the regions where the Company provides its
solutions and services. Further information regarding these and
other risks is included in the Company's filings with the U.S.
Securities and Exchange Commission. All information provided in
this press release is as of the date of this press release, and
ChinaCache undertakes no duty to update such information, except as
required under applicable law.
For investor and media inquiries please contact:
Investor Relations Department
ChinaCache International Holdings
Tel: +86 10 6408 5307
Email: ir@chinacache.com
Mr. Ross Warner
The Piacente Group | Investor Relations
Tel: +86 10 5730-6200
Email: chinacache@tpg-ir.com
Ms. Brandi Piacente
The Piacente Group | Investor Relations
Tel: +1 212-481 2050
Email: chinacache@tpg-ir.com
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