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


Wednesday, April 14, 2010

Green Packet unveils new range of WiMax modems

KUALA LUMPUR: GREEN PACKET BHD [], a developer of next generation mobile broadband and networking solutions, on Tuesday, April 13, unveiled its new range of high performance and economical WiMax modems at the WiMax Forum Congress Asia in Taipei.

In a statement, Green Packet said the new EX series featured data and voice ports designed to deliver superior indoor performance at an affordable cost.

"The economical EX series will enable us to serve operators who want lower subscriber acquisition costs without sacrificing the quality of wireless broadband.

"The introduction of EX complements our product strategy to cater to the diverse needs of operators worldwide with a comprehensive portfolio of WiMax modems," its senior general manager Kelvin Lee said.

Green Packet claims to be one of the world's top three suppliers of WiMax modems and software solutions.

The company said the EX series was part of its next generation Wave 2 compliant modems that support 2.3, 2.5 and 3.5GHz WiMax frequency bands.

It cited a report by industry analyst Maravedis, which said shipment of WiMax devices was expected to grow three times in 2010 from 4.8 million units in 2009 due to rising demand driven by an increasing number of WiMax deployments, devices and subscribers around the world.

Green Packet said 2010 would also see more compelling WiMax devices, significantly falling costs and a maturing chip ecosystem. It said the population covered by WiMax TECHNOLOGY [] had increased to 621 million by end-2009 and was anticipated to grow to 800 million by end-2010.
 
Written by The Edge Financial Daily

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