It has been speculated for quite a while that Green Packet is selling a major stake of its P1 WiMAX business. Now Reuters has reported that the deal is more or less finalised and Green Packet will be announcing the successful buyer by the end of this month.
Its Managing Director and CEO, CC Puan is expected to make an announcement on the deal in the coming weeks. So far, it has been speculated that DiGi, TM and YTL are in talks in acquire a controlling stake of P1 for its wireless spectrum. Among the 3, YTL is the only provider with an active WiMAX service running under its Yes brand while DiGi has started its 4G LTE service in mid 2013. TM is said to be planning to roll out LTE services by this month.
P1 is currently allocated 30MHz in the 2.3GHz WiMAX band and 20MHz of the 2.6GHz 4G LTE spectrum. Such spectrum is very limited and is very valuable for other players that aims to grab a foothold in wireless game.
[ SOURCE ]
RedMagic has officially launched its 2026 flagship gaming tablet in Malaysia, the RedMagic Astra 2.…
TNG Digital announced that international tourists spent over RM1 billion using TNG eWallet during the…
Keretapi Tanah Melayu Berhad (KTMB) is adding Bandar Tasik Selatan as a temporary stop for…
Sime Motors will be expanding the 2026 BYD Atto 3 lineup with a new variant:…
In addition to the Redmi Note 17 Series, Xiaomi has also rolled out several new…
The Redmi Note 17 Series might have been the star of Xiaomi’s big launch event…
This website uses cookies.