The shareholders of Green Packet Berhad approved an agreement under which Telekom Malaysia and SK Telekom (Korea) will invest in Packet One Networks (P1). The deal was initially announced on March 27.
P1 operates a WiMAX network in Malaysia and is transitioning to LTE.
Group Managing Director, CC Puan said “The strong shareholder support received today sets a clear path for P1 to grow to its fullest potential and realize its future business plan and LTE transition. GPB will benefit from P1’s direct entry into the mobile market which instantaneously grows P1’s addressable market size to RM34.5b, a four times growth”.
Every article published by Converge Digest is researched, curated, fact-checked and editorially reviewed by Jim Carroll, Editor & Publisher. AI-assisted drafting may be used to accelerate production, but all content is reviewed, refined and approved prior to publication.
You just read about All. A technology from the archive that helped get us here:
Google/Alphabet Project Loon served 2011–2021. What ultimately replaced it?
Google/Alphabet Project Loon solar-powered balloons drifting in the stratosphere (~20 km), steering by rising and falling into different wind layers, relaying LTE from ground stations to phones far below. Its job passed to Unit economics — but the problem it solved, and the ideas it proved, live on in what replaced it. The standard rests here in the archive. One of 198 technologies here that opened a door and then held it for the next.