This is very interesting. After much speculation, Green Packet, the owners of P1, have confirmed that P1 and SK Telecom of Korea will be going into a strategic partnership with the Korea giant taking about a 25% stake in P1.
In a statement issued by Green Packet today, the purchase will pump in US$100 million (about RM330 million) investment money into P1. Though, the statement says that the proposed agreement between the two companies is subject to “certain closing conditions to be confirmed in June“.
In the telco game, RM300 million is considered chump change but it would be interesting to see what other injections in terms of knowhow and technology expertise that SK Telecom can offer to Malaysia’s leading WiMAX operator.
Looking forward to see what P1 can and will offer once this deal is confirmed.
JomCharge x DBKL street-level EV charger deployment continues and the latest location is in Sri…
This post is brought to you by Nissan. For many Malaysian families, the idea of…
Besides deploying more DC Chargers in Penang Island in partnership with MBPP, Gentari has just…
BMW has officially revealed the updated 7th generation BMW 7 Series (G70), and this isn’t…
Aside from the big boss Find X9 Ultra, Oppo Malaysia has also introduced another member…
The Honor 600 and Honor 600 Pro have finally made their launch in Malaysia, making…
This website uses cookies.