Article: UPDATED: 22 October 2009, 11:30pm - Green Packet To Secure Singapore WiMAX License.(Company overview)

Bursa Malaysia Main Board listed Green Packet Berhad ("Green Packet"), a leading developer of WiMAX products and solutions, has, via its subsidiary, Packet One Sdn Bhd, the holding company of Packet One Networks (Malaysia) Sdn Bhd, entered into an agreement with Pacnet for the transfer of Pacnet's redundant Facilities-based Operator ("FBO") license in Singapore and its associated Wireless Broadband Access ("WBA") spectrum right to Green Packet's newly incorporated company, Packet One (S) Pte Ltd ("P1 Singapore").

Transfer of this WBA associated FBO license will not impact Pacnet's facilities based position in Singapore as the company retains all necessary ...

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