SOURCE: The Bedford Report

The Bedford Report

April 26, 2011 08:16 ET

Data Center Demand Boosts Revenues for 21Vianet and ChinaCache

The Bedford Report Provides Analyst Research on 21Vianet & ChinaCache International

NEW YORK, NY--(Marketwire - Apr 26, 2011) - As China's middle class expands, its internet market continues to grow at a rapid pace. According to the China Internet Network Information Center, China has the world's biggest population of internet users with more than 500 million. A recent study from the consultancy, McKinsey & Co estimated that 6 million people go online for the first time in the country every month, and predicted the Chinese internet population will grow to 750 million in 2015. The Bedford Report examines the outlook for companies in the Technology Sector and provides research reports on 21Vianet Group, Inc. (NASDAQ: VNET) and ChinaCache International Holdings Ltd. (NASDAQ: CCIH). Access to the full company reports can be found at:

www.bedfordreport.com/2011-04-VNET

www.bedfordreport.com/2011-04-CCIH

Cloud Computing is at its early stages in China. According to the market research firm International Data Corp (IDC), carrier-owned data centers operated by telecommunications companies have traditionally dominated in China, however, the market share of independent data-center services grew to 35 percent in 2009 from 32 percent in 2008.

The Bedford Report releases regular market updates on the Technology Sector so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

IDC says 21Vianet is China's largest carrier-neutral Internet data center services provider by revenue. 21Vianet hosts its customers' computer servers and networking equipment in its data centers, keeps them connected to the Internet, and manages their networks. As a carrier-neutral center, customers can connect with Internet networks operated by a variety of telecom and other companies, and 21Vianet uses its own technology to pick the best route. 21Vianet says its revenue grew 68 percent last year to nearly $80 million.

21Vianet Industry peer ChinaCache recently said that its fourth quarter revenue surged nearly 75 percent to $18.8 million. Song Wang, co-founder, chairman and chief executive officer of ChinaCache, expects "rapid growth of content delivered over the Internet will continue to drive strong demand for ChinaCache's content delivery solutions."

The Bedford Report provides Analyst Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer

Contact Information