Green Packet's P1 wins RM41.5m project

KUALA LUMPUR: GREEN PACKET BHD [] has secured a contract worth RM41.5 million from the government to provide broadband to underserved areas in Malaysia. The company said on Wednesday, Dec 2 the universal service provision project tender from the Malaysian Communications and Multimedia Commission was to roll out broadband services using 4G WiMAX in Perak and Kedah.

"The contract will not have any material effect on the earnings of Green Packet Group for the financial year ending Dec 31, 2009 but is expected to contribute positively to the earnings of group in the future," it said.

Written by Joseph Chin

 Another great day for contrarian tomorrow....