Reflections on Volume

Big volume without further upside equals distribution
Big volume without further downside equals accumulation

Volume tends to peak at turning points
Volume often precedes price movement
Volume is a relative study

Tuesday, February 9, 2010

P1 Expects Subscriber Base To Double This Year

PETALING JAYA, Feb 9 (Bernama) -- Packet One Networks (Malaysia) Sdn Bhd (P1) expects its subscriber base to double this year with the launch of new products and expansion of coverage.

As at October last year, its subscriber base stood at around 100,000, its chief executive officer Michael Lai said at a media briefing on the company's strategy for 2010 here Tuesday.

He said the WiMAX (Worldwide Interoperability for Microwave Access) telecommunications company planned to launch several WiMAX-embedded devices, including WiMAX-embedded netbooks, later this year.

Lai said the company had been working closely with original device manufacturers (ODMs) to develop the WiMAX-embedded netbook.

On network coverage, Lai said P1 aimed to further strengthen its leadership position by expanding its WiMAX coverage to 45 per cent of the Malaysian population, including Sabah and Sarawak, this year.

He said since the company started rolling out its services in August 2008, P1 had extended WiMAX service to about 35 per cent of the population in Peninsular Malaysia as of 2009.

According to Lai, the company has improved its network to facilitate the strong demand for its services.

He said the company managed to improve on congested sites by a massive 78 per cent so far.


No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Related Posts Plugin for WordPress, Blogger...