Binariang bids for Maxis

Binariang GSM Sdn Bhd, a company owned jointly by tycoon T. Ananda Krishnan’s Usaha Tegas Sdn Bhd and its affiliates, has offered to buy shares of Maxis Communications Bhd in cash at RM15.60 per share. This makes the privatisation deal worth RM39.9 billion, becoming the largest ever corporate transaction in Malaysia and one of the largest buyouts ever in Asia ...

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DiGi scores high

DiGi.Com Berhad (“DiGi”) posted strong results for first quarter ended 31 March 2007 with an after-tax profit of RM246 million, up 33% from the corresponding period last year. Revenue jumped 18% to RM1.01 billion on the back of an enlarged subscriber base of 5.8 million and higher usage across the customer base. DiGi Chief Executive Officer Morten Lundal said: “More ...

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Will Maxis go Private?

Billionaire T. Ananda Krishnan plans to buy full control of Maxis Communications Bhd, Malaysia’s biggest mobile-phone operator, which is valued at $9.6 billion. Krishnan’s Usaha Tegas Sdn and affiliates plan to make an offer to buy all shares they don’t already own by May 3, Maxis said today in a statement to the stock exchange in Kuala Lumpur. The statement ...

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Savvy silver-haired lot lapping up new toys

Friends think he is too old for his hobby, and his wife nags him for spending too much time and money on it. James Seah’s love of personal digital assistants (PDAs) has seen him spend a fortune. The 59-year-old once even worked part-time at a SingTel Hello shop just to get his hands on the latest models. He was a ...

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Maxis going private?

Tan Sri T. Ananda Krishnan might take Maxis Communication Berhad private. A voluntary general offer (VGO) might be launched by Usaha Tegas Sdn Bhd(controlled by Tan Sri T. Ananda Krishnan) early this week. It is believed that the tycoon holds an direct interest of 28.45% and a indirect stake of 47.05% in Maxis as of April 30,2006. Maxis share price ...

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TM Brodband now targeting schools

Following the successful “broadband implementation” by TM’ Streamyx, now it is targeting school childrens to use its so called“broadband”service. 50 schools has been targeted by TM under the new “TM eSchool”project which involves free installation of broadband facilities and other applications. FULL NEWS here. AS at March 21 2007, TM has 3 million internet users including some happy 915,000 broadband customers.

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Poll Results:Green Packet, the preferred WiMAX provider among Telco Talk readers

Green Packet tops all the other WiMAX operator as the chosen WiMAX provider to offer an alternative to the Malaysian for a better broadband service. Don’t forget to vote for the new poll on the right sidebar..

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Slow update on Telco Talk

Hi Guys. If you have noticed, there has been a slow update on Telco Talk. The reason? My notebook was hacked last week!!! [email protected]#$%^^&*!!! That’s why there was a lot of copy and paste job since last week trying to keep this blog updated. I have got to get online with my old notebook which I detected it working as ...

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Planning to buy a new phone?

Planning to get yourself a new phone? Nirmal T V has something to say about it. Read “How to buy to Good Mobile Phone“. Note: RM0.0837276 = 1.00 INR(India Rupees) RM1.00 = 0.292804 USD I USD = 41.5 INR

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Green Packet all set for broadband wireless service

IF preparedness is a reliable predictor of success, then Green Packet Bhd looks set to be a leading broadband player in Malaysia. Among the four WiMAX licensees, the Mesdaq company has arguably the most solid base for the rollout of wireless broadband services. The Malaysian Communications and Multimedia Commission last month named the successful applicants for the 2.3GHz broadband wireless ...

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Malaysia part of the new fiber optic cable between Southeast Asia and U.S

Seventeen major tlecommunications companies signed a pact Friday to build a US$500 million (euro360 million) undersea fiber optic cable between Southeast Asia and the United States they claim will be relatively safe from earthquakes and tsunamis. The link will offer “a timely increase in both the capacity and diversity of Internet links between Asia and the U.S., bearing in mind ...

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Disposal of Time dotCom the preferred option, says UEM

THE disposal of Time dotCom Bhd is the preferred solution to solve UEM Group’s woes in Time Engineering Bhd, says a top official. “To us, the preferred solution is for Time Engineering to divest its investment in Time dotCom. This is the preferred option, but how to do it is another issue,” UEM Group managing director and chief executive officer ...

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Maxis IP VPN for enterprise business

Maxis IP VPN (Internet Protocol, Virtual Private Network) provides a fully managed end-to-end quality private networking service across multiple sites. Integrating data, voice, video and other enterprise applications on a single, intelligent, and secure Multi-Protocol Label Switching (MPLS) IP-based network. Click here to see the benefits.

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Maxis raise stake on its loss making unit in Indonesia

Maxis Communication Berhad has raised its stake in PT Natrindo Telepon Seluler by buying a further 44% interest(US$123.92mil), which gives them a 95% control in the Indonesian mobile operator. On its latest net profit for the year ended Dec 31, 2006 , Maxis reported a RM196 million start-up losses in the operations of PT Natrindo Telepon Seluler (Natrindo).

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Latest Pikom PC Fair has RM55 million in sales

The Pikom PC Fair 2007 recently held has been able to raise RM55 million in sale. The Fair, held from 6 April to 22 April, 2007 with over 555,000 visitors in 16 locations(Penang,Melaka, Ipoh, Kuantan,KLCC, Kepala Batas, Johor Bahru, Muar, Batu Pahat, Taiping, Sibu, Miri, Tawau, Sandakan,Kuching and Tanjong Karang). Among the most popular stuff are flash drives, hard disks, ...

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