AsiaInfo Holdings Inc. (ASIA)

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The growth should continue


Statement from CEO after last quarter results

'During the third quarter, we experienced strong net revenue growth in both business units leading to our guidance beating results,' said Steve Zhang, AsiaInfo's President and Chief Executive Officer. 'Today, AsiaInfo is a leader in the telecom software industry in China, with established relationships with all the major telecom carriers.'

Mr. Zhang noted that during the quarter, AsiaInfo closed significant telecom contracts in areas such as prepaid service management, SOX (Sarbanes-Oxley Act) compliance, and BOSS upgrade and expansion.

'We believe that with our leading suite of telecom software solutions, AsiaInfo is well positioned to capture even greater market share in China's increasingly competitive and sophisticated telecom market,' added Mr. Zhang