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Clearwire Begins Global Roaming Collaboration with WiMAX Operators
Reuters, 17 September 2009
In addition to today`s announcement, Clearwire will continue to work closely with its Global Alliance Partners YTL Communications of Malaysia, wi-tribe of Pakistan, Vee Telecom of Taiwan, and Global Mobile of Taiwan to ensure successful roaming once the partner networks are commercially deployed. "Today`s announcement confirms mobile WiMAX technology`s maturity and robustness and reaffirms that it is the only commercially available 4G standard worldwide with an available ecosystem of infrastructure and devices," said Barry West, president of Clearwire International. "With over 500 WiMAX deployments underway in about 145 countries, the existence of a roaming framework - helping to connect operators as well as WiMAX customers - is vital to advanced cross-market cooperation."
YTL Corp Full-Year Revenue Jumps 37% to RM8.9 Billion (US$2.6 Billion)
Net Profit Up 12% to RM863 Million (US$247 Million) with Maiden Contribution from PowerSeraya
YTL Corp Recommends 1 for 50 Share Dividend & 15% Final Dividend
Kuala Lumpur, 20 August 2009
YTL Group Managing Director Tan Sri Dato' (Dr) Francis Yeoh Sock Ping, CBE, FICE, said, "Despite tough economic conditions and ongoing volatility, both locally and internationally, the Group achieved a strong set of results for the 2009 financial year, with two significant acquisitions in Singapore bolstering our utilities and property investment divisions.
"The addition of wholly-owned PowerSeraya to our utilities division in March 2009 enabled us to consolidate 4 months’ results for the 2009 financial year, whilst the acquisition of a 26.6% stake in Starhill Global REIT and 50% of the holding company of the REIT’s manager, resulted in an increase in profit due to the recognition of the fair value excess of the REIT's identifiable assets and liabilities over the cost of the investment.
"Meanwhile, our cement division also recorded another excellent year, achieving a 24.5% growth in net profit, as a result of increased contributions from the Group's offshore cement businesses and stronger selling prices."
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