Published: 2010/04/13
SK Telecom Co, South Korea’s largest mobile-phone operator, said it was approached by Packet One Networks (Malaysia) Sdn Bhd to buy a stake in the Malaysian company.
Nothing has been decided, Irene Kim, a spokeswoman at the Seoul-based company, said by telephone today.
SK Telecom is among foreign telecommunications companies interested in buying a stake in Packet One, the Business Times reported today.
The wireless-broadband unit of Green Packet Bhd may raise about US$100 million selling a 20 per cent stake in itself, according to the report.
Meanwhile, Green Packet today unveiled its latest range of high performance and economical WiMAX modems at the WiMAX Forum Congress Asia in Taipei.
The new EX series, featuring data and voice ports, is designed to deliver superior indoor performance, at an affordable price, to cater to the diverse needs of operators worldwide.
Green Packet's Senior General Manager Kelvin Lee said with the increasing number of WiMAX deployements, devices and subscribers worldwide, the shipment of WiMAX devices was expected to grow three times in 2010 from 4.8 units shipped in 2009. - Bloomberg/Bernama
http://www.btimes.com.my/Current_News/BTIMES/articles/20100413110706/Article/index_html
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