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Green Packet to launch 4GWiMAX/TD LTE network

2011-05-26 18:00:23| Source:

KUALA LUMPUR: Green Packet Bhd will be able to launch a complete ecosystem of dual 4GWiMAX/TD LTE network complete with devices, as early as next year, its chief said.

The technology will enable unprecedented speed in data services, founder and group managing director C.C. Puan claimed.

Puan said the company would be able to do so should it secure regulator Malaysian Communications And Multimedia Commissio\'s (MCMC) approval for early roll-out.

MCMC has stipulated that LTE, or Long Term Evolution technology, can only be rolled out from January 1 2013.

Green Packet has sent in a detailed proposal of its plans to MCMC.

It intends to launch its LTE devices portfolio towards the end of this year, and start off by servicing the China market.

"Our strategy for the solutions (software and devices) business is to focus on tier-one telcos across the globe, who will be the early adopters of LTE.
"For Packet One, our focus is to grow our nomadic subscriber base as they will be the ones to more rapidly adopt our converged services once we transition to our dual 4G WiMAX/TD LTE network," Puan said.

Currently, it has about 300,000 subscribers. The solutions business and P1 contributes equal portions to group revenue.P1\'s revenue is completely local, while 80 per cent of Green Packet\'s solutions business revenue come from overseas.

Green Packet\'s losses narrowed in the first quarter of 2011, helped by significantly higher revenue from its solutions and broadband business. This was in spite of higher depreciation of plant and equipment due to P1\'s broadband infrastructure rollout.

The group registered a net loss of RM19 million compared to a net loss of about RM25 million for the same period in 2010. Revenue from its software and devices business doubled to RM47 million, while broadband services grew by 22 percent.