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13 May 2010

P1: THE MOST PROMISING SERVICE PROVIDER OF THE YEAR
In its bid to recognise outstanding performance of Malaysian telcos, Frost & Sullivan selected P1 as the “Most Promising Service Provider of the Year” for 2010.

KUALA LUMPUR - Packet One Networks (Malaysia) Sdn. Bhd. (“P1”), Malaysia’s first and leading WiMAX telco, has much to be proud of. The company was awarded the “Most Promising Service Provider of the Year” at the recent Frost & Sullivan Malaysia Telecoms Awards 2010.

“This recognition goes to our valued customers, committed and hard-working employees, cherished business partners, the Malaysian government and the Green Packet and P1 Board of Directors who believe in our “Broadband for All” mission. They are the ones who made P1 the Most Promising Service Provider with their relentless support and confidence in us,” said Michael Lai, CEO of P1.

“This significant acknowledgement shines on our commitment to deliver our best on every aspect as a choice service provider. We will however not rest on our laurels. Much remains to be done to deliver on our mission of Broadband for All,” Lai informed.

The Frost & Sullivan Telecom Awards 2010 awards, in its sixth edition this year, searches, selects, and awards high performing companies that have pushed the boundaries of excellence. Primary criteria include companies demonstrating outstanding performance for the financial year 2009 and making major contributions to Malaysia’s information and communications technology (ICT) industry.

In naming P1 as the “Most Promising Service Provider of the Year”, Frost & Sullivan acknowledges P1’s wide-ranging efforts and achievements with its bid in wanting to expand 4G WiMAX wireless broadband services throughout the country.

“Having a mission, the right people and most of all great passion are the fundamental ingredients for success,” enthused Lai.

“Therefore, this outstanding achievement belongs to all the Packeteers (P1 employees), our valued customers, supporters, regulators and cherished business partners who believe in our “Broadband for All” mission.

Kudos to the team who has put their hearts, passion, talent and hard work towards realising this common mission. To our valued customers who have grown with us in such a short time, you are the pioneers in the 4G WiMAX world. Because of you, Malaysia is one of the world’s leaders in 4G WiMAX. It’s not often that Malaysia is at the forefront of the ICT industry. This is one of the rare moments and Malaysians should feel proud of it,” Lai added.

The award that Frost & Sullivan conferred to P1 comes at the heels of P1’s double win at PC.com’s 10th Awards Night as the Top 10 Power Brand and Best WiMAX Service earlier this year.

About Packet One Networks (Malaysia) Sdn. Bhd.

Packet One Networks (Malaysia) Sdn Bhd (P1) is Malaysia’s first and leading WiMAX telecommunications company with the country’s widest WiMAX network. P1 W1MAX represents the first large-scale commercial deployment of mobile WiMAX in Southeast Asia, and the first large-scale deployment of an 802.16e 2.3GHz WiMAX network outside Korea.
P1’s goal is to bridge the digital divide by making access to the internet universal, ubiquitous and affordable for every Malaysian. P1 hopes to play a major part in realizing the nation’s goal – to have 50% broadband penetration by 2010.

P1 is the winner of the Red Herring Asia’s Most Innovative Private Technology Company in 2008 and is listed in the Malaysia Book of Records as Malaysia’s first WiMAX telco (August 2008). In 2009, P1 bagged the MSC Malaysia APICTA Best of Start-Up Companies award.

For more information on P1, visit http://www.p1.com.my/.

About WiMAX

WiMAX is an abbreviation of Worldwide Interoperability for Microwave Access by the WiMAX Forum. It is a standard-based technology enabling delivery of last mile wireless broadband access as an alternative to cable and DSL. It is expected to enable quad play (voice, video, internet and mobility). WiMAX enables deliverables of bandwidth between two points or between a point to multipoint to customer. The usage of WiMAX requires certain bandwidth of spectrum to be allocated to the service provider, in accordance to the channelling plan approved and published by MCMC.