REDtone International Bhd believes it has met the 25% broadband coverage requirement in Sabah and Sarawak and now wants to be considered for a nationwide WiMAX licence similar to that offered to the other three players.
It had written to the Government and the commission asking for a nationwide licence but have not got any reply from them.
They are expanding its services in Sabah and Sarawak and want to do more to help achieve the Government’s goal of 50% broadband penetration by end of 2010.
FBM KLCI - ended at intraday low, in sync with regional downtrend
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Stocks on Bursa Malaysia ended lower yesterday with the benchmark FBMKLCI
closed at its intraday low, driven by a last-minute sell-off in utility
stocks...
17 hours ago
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