SHENZHEN, China, April 04, 2018 (GLOBE NEWSWIRE) -- Xunlei Limited (“Xunlei”) (Nasdaq:XNET), an industry leading cloud-based bandwidth acceleration technology company in China, announced today that its cloud computing subsidiary, Shenzhen Onething Technologies Co., Ltd., has received a National Content Delivery Network (“CDN”) Business Operating License from the Ministry of Industry and Information Technology of the People's Republic of China.
Xunlei’s Nebula CDN is a new generation of CDN built upon the company’s proprietary distributed cloud computing technology. The company intends to leverage redundant computing power and bandwidth shared by internet users, creating an ecosystem that provides cloud computing resources to enterprises at a much lower cost than the average industry price level. Xunlei’s CDN customers are in sectors such as live streaming, online gaming, mobile applications, online videos, and intelligent hardware.
Mr. Lei Chen, Chief Executive Officer of Xunlei, stated, “Prior to receiving the national CDN license, the company was qualified to provide CDN services in selected provinces and cities in China. Now under the terms of the new license, Xunlei is qualified to offer its CDN solutions to enterprises in all parts of China. We believe this official recognition will elevate our service capacity from being regional to national in China. And our goal is to become a major player in the global cloud computing industry through our sharing economy model.”
Xunlei Limited ("Xunlei") is a leading cloud-based acceleration technology company in China. Xunlei operates a powerful internet platform in China based on cloud computing to provide users with quick and easy access to digital media content through its core products and services, Xunlei Accelerator and the cloud acceleration subscription services. Xunlei is increasingly extending into mobile devices in part through potentially pre-installed acceleration products in mobile phones. Benefitting from the large user base accumulated by Xunlei Accelerator, Xunlei has further developed various value-added services to meet a fuller spectrum of its users' digital media content access and consumption needs.
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