Telecom Lead Asia: Trunkbow International, a provider of
Mobile Payment Solutions and Mobile Value Added Solutions in China through its
operating subsidiary, has entered into a cooperation agreement with Shanghai
Telecommunication Engineering.
Shanghai Telecommunication Engineering will provide
design and construction services during the initial phase of development.
The agreement is sealed for the construction, management
and operation of a cloud data center to be located in Shanghai, China. Under
the agreement, Trunkbow will invest approximately RMB180 million (US$28
million) in the 8,262 square meter data centee.
The new Trunkbow data center will allow the company to
extend its MPS and MVAS services to the cloud.
Being on cloud, the services will enable SMBs to utilize
Trunkbow’s technology under Software application as Service (“SaaS”)
and Platform application as Service (“PaaS”) models.
The Company has applied for a government-backed bank loan
to finance the construction. Once complete, STE will operate the facility and
provide maintenance services through a partnership with China Telecom, with
hosting fees to be shared between STE and Trunkbow.
“This partnership with STE represents another
important step in our efforts to build Trunkbow’s MPS presence among merchants
and consumers in China,” said Qiang Li, CEO of Trunkbow.
The company said that the new, hosted solution will make
the process of deploying and managing the MPS capability more cost effective,
easier to deploy, manage and expand through the addition of both back-end tools
and consumer-centric features.
Trunkbow expects to begin construction of the new data
center in Shanghai in the third quarter of 2012.
Trunkbow extends partnership with China Unicom
Recently, Trunkbow extended its cooperation with China
Unicom through the deployment of a new terminal-based MPS platform in Sichuan
Province.
