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.
The Malaysian Highway Authority (LLM) will deploy 50 EV charging stations next year. This was…
Anker has officially introduced its latest open-ear clip-on earbuds to the Malaysian market: the Soundcore…
Garmin Malaysia has officially announced the Enduro 4, its latest ultra-performance GPS smartwatch designed specifically…
Good news for local bookworms: Spotify Audiobooks is finally coming to Malaysia. The feature is…
Garmin Malaysia has introduced its latest flagship golf smartwatch, the Garmin Approach S72, which hits…
Infinix has officially launched the SMART 20e in Malaysia and it is their new entry-level…
This website uses cookies.