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P1 may see results recovery earlier than expected

Original News from http://www.theborneopost.com/?p=47760

KUCHING: Green Packet Bhd (Green Packet) via its subsidiary Packet One Networks Malaysia Sdn Bhd (P1), is expected to see its results returning to the black earlier than expected, given a stronger subscriber base due to growing interest in the wireless broadband segment.

CAPTURING WIMAX MARKET: OSK says Green Packet via its subsidiary P1, is slated towards securing a bigger share of the wireless broadband segment from its recently-launched WENB CAPTURING wimax MARKET: OSK says Green Packet via its subsidiary P1, is slated towards securing a bigger share of the wireless broadband segment from its recently-launched WENB 

Currently, the country’s largest WiMAX (worldwide interoperability for microwave access) operator has a 20 per cent share of customers from the wireless broadband segment from its total subscriber base.

Further, it is slated towards securing a bigger share of the segment from its recently-launched WiMAX embedded notebooks (WENB).

At a recent promotion event held by P1 at Berjaya Times Square, researchers from OSK Research Sdn Bhd (OSK Research) observed laptops of fered were actually purchased from vendors at a slight discount to their retail price range from RM1,349 (for the netbooks) to RM2,499 (notebooks).

Cumulatively, however, such subsidies would only cost the company some RM55,000 for 50 laptops, a far cry from its annual advertising and promotional budget of RM10 million to RM15 million.

….. more at http://www.theborneopost.com/?p=47760

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