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China Unicom, Telecom reportedly looking to launch CDN

Oct. 24, 2014 10:42 AM ETChina Unicom (Hong Kong) Limited (CHU) StockCHA, CHU, CCIHYBy: Eric Jhonsa, SA News Editor
  • A Chinese paper reports China Unicom (CHU +0.9%) and China Telecom (CHA +1%) plan to launch (through a JV) a local content delivery network. The JV, which would aim to profit from China's rapid mobile data and online video traffic growth, would be run by CHA's cloud services unit.
  • Leading Chinese CDN owner ChinaCache (CCIH -5.1%) isn't responding well to the news, which comes two weeks after CHA announced a CDN partnership with Akamai. Alibaba launched its own CDN services last year.

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