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Sarawak to get P1 WiMAX next year

PACKET One Networks (Malaysia) Sdn Bhd (P1) says its next-generation wireless broadband service — P1 W1MAX — is expected to be available in Sarawak by early next year.

Its chief executive officer Michael Lai said P1 W1MAX, the country’s leading wimax telco, was primed to meet the tremendous demand for broadband in Sarawak which is a key market as reflected by the progressive growth in household broadband penetration in recent years.

“Sarawak grew its household broadband penetration from 9.7 per cent in 2007 to 13.6 per cent at the end of last year and aims to increase this further to 50 per cent by 2010,” he said in a statement today.

“With P1 slotted to be in Sarawak next year, we’re looking forward to meeting this massive demand whilst spreading the benefits of next-generation wireless broadband,” he said adding that P1 was on track to meet its target of covering 35 per cent of Malaysia’s population within this year.

He also said that with one of the fastest wireless broadband networks in the country, P1 expected to contribute positively to Sarawak’s economy, especially within the small and medium enterprises and industries.

With P1 W1MAX, the broadband access in rural and underserved communities within the state would become a possibility, he said.

Recently, P1 announced that it had begun covering key locations within Ipoh, Kuantan and Kuala Terengganu.

With key markets in the Klang Valley, Johor, Penang, Kedah, Perak, Pahang and Terengganu now covered with P1 W1MAX, P1 effectively has the nation



Green Packet: Losses due to investments in WiMAX




by Racheal Lee Mei Nyee, The Edge Daily

PETALING JAYA: Green Packet Bhd saw a net loss of RM55 million for the year ended Dec 31, 2008 (FY08), from a net profit of RM30.2 million a year earlier due to its investments in its wimax business, its managing director and chief executive Puan Chan Cheong said.

Speaking to reporters in a media briefing here yesterday, he said the company would incur total capital expenditure (capex) of RM1 billion over a four-year period beginning last year to establish its place as a WiMAX service provider. Puan said that the investments, which will be a major contributor in the future, would start to see results in the current financial year ending December this year.



© Penang Wimax
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