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P1 hit over 350k subscribers, now has 50% coverage

Packet One Networks (P1) is looking forward to a significant year ahead in strengthening its position in the 4G space.

Its Chief Executive Officer, Michael Lai said the company is still young but is a fast growing and dynamic organisation. “I am proud to say that P1 has achieved so much in just over three years. In this short period of time, we have established ourselves at the forefront of 4G technology movement in South East Asia. We have also rapidly expanded our coverage in 2011 alone by adding over 650 sites to a total of 1500 sites today. This means we now cover 50 per cent of the population,” said Lai.

The WiMAX operator currently has a subscriber base of over 356,000 users in Malaysia as of the third quarter of 2011. P1 intends to cross the 500,000 subscriber mark this year and so far has invested about RM700 million in capex for its service rollout.

“2012 is going to be a historic year for P1,” said the CEO. MalaysianWireless believes that P1 is set to roll out High Speed Broadband Service by Q3 this year as a result of the partnership with TM back in October.

On top of that, P1 is also expected to roll out WiMAX service in East Malaysia, especially Sabah. As the company prepares itself for LTE, it plans to release a dual-mode 4G WiMAX/LTE chipset which can be used in mobile devices. Other plans includes setting up a Southeast Asia’s first 4G Experience Centre and Test Lab. This new facility allow operators and vendors to experience wireless speeds of 120 Mbps and beyond. It will also support IPV6 by the end of this year.

A key area that P1 has been focusing on is in the education sector. Several of the schools around the vicinity of P1’s headquarters in Petaling Jaya have been outfitted with P1 4G service under the P1-Edu program. This year, more schools are expected to be under the program according to P1.

About Kugan

Kugan is the founder of MalaysianWireless. He has been observing the mobile industry since 2003. Connect with him on Twitter: @scamboy