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YTLe promises converged mobile Internet
The Edge, 12 May 2009
"We believe our timing is perfectly right. The technology has matured to a level where it can now enable us to deliver our nationwide strategy. When we launch our services, we will be setting a new benchmark and will continue to raise the bar to be ahead of our competitors. We will be creating a new nationwide market called converged mobile Internet, which is unavailable at the moment, so the concern that competitors have locked in customers simply does not arise. For example, MP3 player technology which arrived much later in the personal music market is now a market leader and has resulted in the CD player becoming virtually obsolete. At the end of the day, the best customer experience and value will win." said YTLe chief, Tan Sri (Dr) Francis Yeoh.
Dissecting YTLe’s RM2.5b WiMAX Plan
The Edge Malaysia, 28 April 2009
Samsung is already working with YTLe's other two partners in the US. Samsung recently unveiled a new WiMAX-enabled Internet tablet, the Samsung Mondi, for Clearwire. Sprint Nextel's 51%-owned Clearwire already offers WiMAX services in two US cities, Baltimore and Portland, and has plans to expand its reach to 120 million people by end-2010.
The strength of the YTL Group, whose assets span from water and power to real estate and hospitality, is also something that should not be underestimated. Still, it remains to be seen when exactly WiMAX will "provide the group with new and growing revenue streams in the years to come”, as stated in YTL’s interim report dated Feb 27 this year.
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