Sunday, 11 December 2016

Telekom Malaysia buys into Packet One to turn it into LTE provider

By Mary Lennighan, Total Telecom
Thursday 27 March 14

Malaysian telco invests in WiMAX operator alongside Green Packet and SK Telecom; plans to use spectrum and cell sites for LTE.

Telekom Malaysia on Thursday announced that it will pay €77 million for a 57% stake in WiMAX operator Packet One in order to harvest its spectrum and cell sites for an LTE rollout. The Malaysian incumbent has brokered a deal with existing Packet One (P1) shareholders Green Packet and SK Telecom…

Telekom Malaysia on Thursday announced that it will pay €77 million for a 57% stake in WiMAX operator Packet One in order to harvest its spectrum and cell sites for an LTE rollout. The Malaysian incumbent has brokered a deal with existing Packet One (P1) shareholders Green Packet and SK Telecom…

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