Green Packet, the parent company of Malaysian WiMAX operator Packet One, reported an after-tax loss of RM44.75 mil in the first quarter ended March 31, compared with an after-tax loss of RM22.55 mil in the same period last year.
In Malaysia, there are primarily three ways of accessing the Internet wirelessly – Wifi, WiMAX and 3G. Wifi has limited range, and is usually provided for free in hotels and F&B outlets such as Starbucks, McDonald’s and Old Town White Coffee. WiMAX and 3G, which both have longer range, compete with each other.
If you have been following my other blog for a while, you probably remember that I met with the CEO of Green Packet in May 2009. Back then, I thought WiMAX had advantage over 3G. It was supposedly faster than 3G; it was unofficially referred to as 4G technology… I almost wanted to buy the stocks of Green Packet.
Now, I am not so sure if WiMAX still has the advantage. Technical-wise, it may be superior compared to 3G. But can your iPhone ride on it?