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


Showing posts with label gpacket. Show all posts
Showing posts with label gpacket. Show all posts

Thursday, March 8, 2012

P1 to start fibre optics broadband with 4G

Packet One Networks (Malaysia) Sdn Bhd (P1), which aims to spend RM750 million to RM900 million on its three-year P1 2.0 Evolution Plan unveiled today, will introduce fibre optics broadband with 4G wireless service end of this month.

P1 is the only telecommunications company in Malaysia to offer the exclusive combination for a premium service at a fixed location with 4G wireless convenience broadband.

With the deployment of a long-term evolution-enabled network by mid-2013, P1, a subsidiary of Green Packet Bhd, will transform itself into a mobile company to offer more than just broadband solutions and expects to return to the black.

Read more: P1 to start fibre optics broadband with 4G

Tuesday, February 7, 2012

Green Packet sees historic 2012 for its P1 unit

GREEN Packet Bhd expects its unit, Packet One Networks (Malaysia) Sdn Bhd (P1), which is among the world's first 4G service providers, to rake in better earnings this year with the strengthening of its 4G service.
Its chief executive officer Michael Lai said 2012 was going to be a historic year for P1.

He said P1 was set to become one of the few telcos attaining profitability in a record time of under five years.

"We have garnered a solid and growing subscriber base of more than 356,000 users in Malaysia as of the third quarter of 2011. We are looking to cross the 500,000 mark this year," he said.

Read more

Monday, October 17, 2011

P1 to offer fibre-powered broadband in 1Q12

KUALA LUMPUR: Green Packet Bhd’s wireless broadband arm, Packet One Networks (M) Sdn Bhd (P1), will begin offering fibre optic cable-powered high-speed broadband (HSBB) and possibly IPTV services by 1Q12, having sealed a 10-year wholesale agreement with Telekom Malaysia Bhd (TM).

“Along with [the] launch early next year, we [will] also look at providing IPTV and Video on Demand (VoD),” P1 CEO Michael Lai said at the signing ceremony between P1 and TM yesterday.

The agreement gives P1 access to some 1.3 million homes connected to TM’s HSBB network, alongside leading mobile phone operators Maxis Bhd and Celcom Axiata Bhd, which had earlier signed similar wholesale agreements with TM. These services will compete with TM’s own HSBB triple-play (broadband-home voice-IPTV) offering UniFi which has 142,000 customers as at mid-August, 30% of whom are active users of the IPTV service.

P1 currently offers wireless broadband services using its WiMAX network. Lai, who declined to reveal the value of the agreement, said P1 would need very little capital expenditure for the new service as it rides on TM’s infrastructure.

“There will be some allocation for operational expenditure, [which] we will reveal in the future [when it is ascertained],” he said.

The collaboration with P1 is TM’s third agreement with a local telco since it signed the public-private partnership agreement (PPP) with the government in 2008.

Zamzamzairani: The partnership will bring enormous benefits to all end users. Under the agreement, TM is to allow any MCMC-licensed service provider access to the HSBB network that is estimated to cost RM11.3 billion over 10 years for a fee.

Read more

Sunday, April 25, 2010

Is WiMAX or LTE the better 4G choice?

By B.K. SIDHU bksidhu@thestar.com.my

WiMAX or LTE (long-term evolution) – which is superior? It, of course, depends on who you talk to. The vendors have their own stories, and the operators theirs. For the consumers, it is not about technology. It is about speed and seamless connectivity, and not having to buy different devices to operate on different platforms.

From the technical viewpoint, both are next-generation technologies for the wireless world. The choice between WiMAX and LTE hinges on the needs of the operator and the market demands, but the fact is, there seemingly is an insatiable appetite for data on the go. WiMAX (worldwide interoperability for microwave access) is a fourth-generation (4G) telecommunications technology primarily for fast broadband. Also a 4G mobile technology, LTE allows a peak download speed of 100 megabits per second (Mbps) on mobile phones, compared with 20Mbps for 3G and 40Mbps for WiMAX.

“For operators, the choice of technology depends on a number of things including available spectrum, legacy inter-working, timing and business focus,” says Nokia Siemens Networks head of sub region, Asia South, Lars Biese. To deploy either technology, operators will have to commit tens of billions of dollars in network upgrades for the new mobility landscape, which now includes social, video, location-based and entertainment applications and experiences.

In many countries, the current generation of mobile telecoms networks is 3G. Those in Malaysia are deployed by the four mobile players – Celcom Axiata Bhd, DiGi.Com Bhd, Maxis Communications Bhd and U Mobile Sdn Bhd.

Biese reckons LTE is the next step for mobile networks like GSM, WCDMA/HSPA and CDMA in the move to future networks and services.

The common belief is that the natural migration path is from 2G to GPRS, from GPRS to 3G, and from 3G to LTE. But IDC Asia/Pacific’s telecom research director Bill Rojas has a differing view. To him, LTE is a totally new set-up. “GSM and GPRS were part of a migration. In Asia, the players may put LTE on top of 3G, but this will not cover the entire population. The concentration will be on urban centres. For full coverage, the operator needs to build more than 30% new cell sites,” Rojas says.

It has been reported that LTE’s main advantage over WiMAX, in addition to speed, is that it is part of the popular GSM technology and can allow backward compatibility with both 2G and 3G networks. LTE is relatively new compared with WiMAX. The world’s first public LTE service was made available only at the end of last year by TeliaSonera in Stockholm and Oslo. However, LTE is fast catching up with WiMAX even though the WiMAX Forum, an industry organisation, stresses that its platform is at least two years ahead in terms of equipment availability and testing.

The Global Suppliers Association (GSA) says there are more than 59 LTE network commitments in 28 countries. In comparison, according to the WiMAX Forum, there are 559 WiMAX networks worldwide.  'To date, all existing GSM and WCDMA (3GPP) operators and CDMA (3GPP2) operators have committed to LTE as the technology of choice for their mobile network evolution, and by 2013, it is expected that there will be 20.4 million connections activated on LTE in the Asia Pacific,” says Biese. On the other hand, YTL Communications Sdn Bhd chief executive officer Wing K Lee claims that mobile WiMAX is the only commercially proven technology that has been deployed on a large scale. Nevertheless, market dynamics will determine the outcome of the race.

There are four WiMAX spectrum holders in Malaysia, namely, Packet One Networks (M) Sdn Bhd, REDtone International Bhd, Asiaspace Sdn Bhd and YTL Communications, which is the only one that has yet to roll out services commercially.

Rojas of IDC says both technologies can co-exist, but to him, WiMAX is still the purest 4G network. Naturally, the promoters of LTE have the opposite view. That aside, Lee of YTL Communications points out that LTE and WiMAX serve the wireless broadband market and both technologies fundamentally share the same technological foundation. Therefore, they have more similarities than differences. Should they then be merged, as suggested by US-based Clearwire CEO Bill Morrow, given the overlap in the technologies?

While the debate rages on, the mobile operators in Malaysia still have a little bit of time to decide on which route to take to add capacity. This is because they have not fully exhausted their 3G spectrum. Even the WiMAX players have not fully exploited their 2.3G spectrum.

At some point, Rojas believes, the Malaysian Government will have to decide on spectrum allocation for LTE. Until then, do not expect the operators to fast-track their network expansion, even though some may face bottlenecks soon. Furthermore, the Government needs to be certain that LTE is what the market needs. “Without (additional) spectrum after 3G, operators will have to move to LTE using the 3G spectrum,’’ Rojas says.

Whatever is on the minds of the players and industry regulators, one thing is clear – the need for speed is growing by the day, and the planning for spectrum allocation should start before we hit bottlenecks.

Some industry players have also called for the Government to refarm spectrum so that there is a coordinated approach to spectrum allocation and assignment. Not that there isn’t, but given that spectrum is becoming a rare commodity, the Government should make sure that the spectrum awarded is put to good use.

Rojas expects major commercial roll-outs of LTE and WiMAX in Asia this year and next, but devices remain an issue in the world of 4G. At the same time, experts say it is about time that the industry focuses on a single device that works on all platforms.

Extracted from biz.thestar.com.my

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

Thursday, February 11, 2010

Next Year Will Be Profitable Year For Green Packet, Says CEO

PETALING JAYA, Feb 11 (Bernama) -- Green Packet Bhd, developer of mobile wireless networking technologies, expects next year to be a profitable year for the company.

Group managing director and chief executive officer Puan Chan Cheong said the company would reach earnings before interest, taxes, depreciation and amortisation (EBITDA) positive this year but still making losses.

"This year will be the key year on the group level which try to be EBITDA positive. Only in 2011, we expect net profit after tax to contribute to the real bottom line," he told a media briefing on its financial results ended Dec 31, 2009 Thursday.

Green Packet has two core businesses -- deployment of WiMAX broadband through its subsidiary, Packet One Networks (M) Sdn Bhd (P1), and development and manufacture of WiMAX communications solutions products.

The company's revenue had increased nearly three-fold to RM235 million in the financial year ended Dec 31, 2009 from RM87 million achieved in the previous year.

-- BERNAMA

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.

-- BERNAMA

Friday, January 22, 2010

US firm ups stake in Green Packet

SMALLCAP World Fund Inc, a US-based investment firm, has emerged as a substantial shareholder of Green Packet Bhd (0082), a software developer and wireless Internet service provider.

It bought 33.9 million shares, or 5.2 per cent on January 11, Green Packet said in a statement to Bursa Malaysia.

Smallcap continued to buy more shares, and as on Wednesday, held 6.02 per cent, or 39.29 million Green Packet shares.

Saturday, January 16, 2010

P1 Obtains RM50 Million Loan From Malaysia Debt Ventures

P1 Obtains RM50 Million Loan From Malaysia Debt Ventures

PETALING JAYA, Jan 15 (Bernama) -- Packet One Networks (Malaysia) Sdn Bhd (P1) has obtained a RM50 million loan from Malaysia Debt Ventures Bhd (MDV) for further expansion of its 4G WiMAX network infrastructure services nationwide.

Chief Executive Officer Michael Lai said the financing was part of P1's total capital expenditure of RM200 million for 2010.

"This funding from MDV will further boost our progress towards becoming the country's leading wireless broadband provider," he told reporters after the signing ceremony between P1 and MDV here on Friday.

The RM50 million loan is to be repaid over 48 months.

Lai said the company would allocate about RM1.0 billion in capital expenditure for the next three years as it aimed to achieve 65 per cent coverage nationwide by end of 2012.

In 2009, P1 spent around RM400 million in rolling out its WiMAX programme.

Lai said the company hoped to increase its WiMAX coverage in West Malaysia to 45 per cent by year-end from 35 per cent last year.

P1 targets to double its subscriber base this year to 200,000 and has plans to expand WiMAX services to Sabah and Sarawak by the second half of 2010.

The company will also introduce embedded devices this year.

The subsidiary of Green Packet Bhd was awarded a Malaysian WiMAX licence in March 2007. Last year, it secured a licence to deploy WiMAX service in Singapore.

Meanwhile, Lai said P1 would eye for a listing on Bursa Malaysia in two years.

"However, it would depend on market conditions," he said, adding that the decision for listing would be made by Green Packet.

P1 WiMAX represents the first large-scale commercial deployment of mobile WiMAX in Southeast Asia, and the first large-scale deployment of an 802.16e 2.3 gigahertz WiMAX network outside Korea.

Friday, January 15, 2010

Green Packet Aims To Be World's Top WiMAX Modem Vendor

Green Packet Aims To Be World's Top WiMAX Modem Vendor

PETALING JAYA, Jan 14 (Bernama) -- Green Packet Bhd, the leading developer of the next generation mobile broadband and networking solutions, aims to be the world's number one WiMAX modem vendor and connectivity solutions provider by the end of this year.

Green Packet's senior general manager, Kelvin Lee said the company is now the world's number three WiMAX modem vendor, with a 14 per cent share of the global market last year.

The company is also aiming for a 30 per cent market share this year.

At a media briefing on Green Packet's new campaign, "New Horizons", Lee said the company has target to increase its shipment volume by at least three-fold in 2010.

He also said the company planned to double its sales force and expand its presence to the United States, Central and Latin America, and Europe.

"We expect to launch more WiMAX modems, WiMAX-enabled services and carrier solutions this year," he added.

He said this year will be a year of "new horizons" for Green Packet on bullish expectations of a quantum leap in demand for its solutions,product positioning and business growth.

He also highlighted that Green Packet will strive to increase business contributions from Europe, the United States and Latin America.

Green Packet, according to Lee, has also set its goal on gaining the number two position as a leading software provider for 3G and 4G operators in the world.

"Our new market brand campaign reflects Green Packet's innovative spirit and readiness in anticipating operators' needs," he said.

He said one of the main issues in the industry was network congestion, and Green Packet is helping operators upgrade their infrastructure and capacity through more cost effective measures.

He also disclosed that in trying to achieve its goals, Green Packet has target to ship a million software licenses this year from the 300,000 in 2009.

Green Packet has begun developing its full range of indoor, outdoor and USB modems for its sister company and 4G WiMax operator arm,Packet One Networks (Malaysia) Sdn Bhd (P1).

Green Packet has also broadened its horizon in deploying its award-winning WiMax modems and connectivity solutions to over 35 telcos across six continents.

-- BERNAMA
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