AsiaInfo-Linkage Reports Unaudited Third Quarter 2012 Results
-- Meeting guidance with net revenue (non-GAAP)1 of US$129.4 million
-- Meeting guidance with net income attributable to AsiaInfo-Linkage, Inc. (non-GAAP)2 per basic share of US$0.24
BEIJING/SANTA CLARA, Calif. – October 31, 2012 – AsiaInfo-Linkage, Inc. (NASDAQ: ASIA) (“AsiaInfo-Linkage,” the “Company,” “we,” “us” or “our”), a leading provider of telecommunication software solutions and services in China, today announced financial results for the quarter ended September 30, 2012.
“In the third quarter we continued to see healthy demand for our IT solutions from China’s three telecommunications carriers,” said AsiaInfo-Linkage President and Chief Executive Officer Steve Zhang. “Our growth remained steady and in line with our overall expectations over the first nine months of this year.”
“In terms of customer-specific developments, we signed all of our remaining NG BOSS 3.5 contracts with China Mobile, and our sales and project teams began work in evaluating the carrier’s newly released specifications for NG BOSS 4.0. For China Unicom’s six northern provinces convergent software projects, we signed the second phase of the software and license contracts and also signed two provincial contracts for software implementation and maintenance, and expect to sign four more in the near future. Going forward, we anticipate these provinces will follow the usual maintenance and upgrade cycle, including periodic mandatory upgrades as set by the carrier’s central headquarters. Our China Telecom business continued to yield steady results and has featured more headquarter-level projects, as opposed to the operational-level and provincial-level focus of our previous work. As a result, we have seen greater opportunities to deploy cloud-based solutions, including one which allows China Mobile to better monitor its data traffic and another that enables the carrier’s individual users to access their account histories in a variety of ways. While individual account data retrieval is not a new concept, our low-cost cloud solutions allow for this type of service to be offered to larger numbers of subscribers.”
“What all of our projects with China’s three carriers have in common is a focus on real-time monitoring of massive amounts of data traffic in order to optimize network performance, identify preferred usage plans, and ultimately enhance the user experience,” added Mr. Zhang.
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For investor and media inquiries, please contact:
Mr. Jimmy Xia
Mr. Justin Knapp
Ogilvy Financial, Beijing
In the United States:
Ms. Jessica Barist Cohen
Ogilvy Financial, New York
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