ChinaCache receives CDN license from the Chinese GovernmentThursday, June 1st, 2017
BEIJING — 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.”