AsiaInfo Holdings, Inc. (Nasdaq: ASIA), a leading provider of telecom software solutions and IT security products and services in China, today announced that it has won a tender with China Telecom, the world's largest fixed-line telecommunications and broadband service provider, to develop billing and CRM systems, the major components of a Business Support System (BSS), for China Telecom's subsidiaries in Heilongjiang and Henan provinces.
Under the recently announced restructuring plan for China's telecommunications industry, China Telecom will acquire China Unicom's CDMA network. To ensure the successful operation of the CDMA network and the smooth migration of existing CDMA users from China Unicom, AsiaInfo expects to develop a full set of independent billing and CRM solutions for Heilongjiang Telecom and Henan Telecom. The new billing and CRM systems will be able to accommodate mobile, broadband and fixed line operations and are expected to be online at the end of this year.

''We are delighted to win this tender and leverage our world-class telecom software solutions to help China Telecom to transform from a primarily fixed- line and broadband operator to an integrated telecommunications provider with nationwide services and a diversified product offering,'' said Steve Zhang, AsiaInfo's president and chief executive officer. ''In the midst of industry's restructuring, we continue to see significant opportunities as three newly integrated service providers ramp up competition on a leveled playing field, increasing the demand for leading software and services. This win further validates our efforts to gain market share among all of China's telecom operators and lays the foundation for future cooperation in promising areas such as value-added services and business intelligence solutions.''

About AsiaInfo Holdings, Inc.

AsiaInfo Holdings, Inc. (Nasdaq: ASIA | Quote | Chart | News | PowerRating) is a leading provider of high- quality telecom software solutions and IT security products and services to some of China's largest enterprises as well as many small and medium sized companies in China. An established leader in the Chinese telecommunications industry, AsiaInfo became a prominent supplier of IT security products and services in China with the acquisition of Lenovo's non-telecom related IT services business in 2004.

Organized as a Delaware corporation, AsiaInfo began operations in the United States in 1993. The Company moved major operations to China in 1995 and played a significant role in the construction of the national backbones and provincial access networks for all of China's major national telecom carriers, including China Telecom, China Mobile, China Unicom and China Netcom. Since 1998, AsiaInfo has continued diversifying its product offerings and is now a major provider of telecom software solutions in China.

Source:Xinhua-PRNewswire