Intel Capital's investment in Green Packet

This video highlights the announcement of Intel Capital's investment of RM50 million in Malaysian public-listed company Green Packet for the advancement of WiMAX in the country. Intel and Green Packet's subsidiary, Packet One Networks, also announced that they will work together to deploy Malaysia's first nation-wide 802.16e WiMAX network, targeted to be commercially available from June 2008.
The announcement is a significant milestone for Malaysia as it represents the first large-scale commercial deployment of mobile WiMAX in Southeast Asia, and the first large-scale deployment of an 802.16e 2.3GHz WiMAX network outside Korea.
Panelists for the press conference were (R-L): Sudheer Kuppam, Managing Director for Intel Capital (India, Japan, Australasia and South-East Asia); Dr Craig Barrett, Chairman of Intel Corporation; Puan Chan Cheong, Group Managing Director and Chief Executive Officer of Green Packet Berhad; and Michael Lai, CEO of Packet One Networks (M) Sdn Bhd & CEO of Green Packet International.

Duration : 2 min 41 sec

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