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 - likely to stay cautious ahead of U.S. FOMC meeting mid week
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Stocks on Bursa Malaysia ended lower Friday with the benchmark FBMKLCI
closed lower amid mixed regional market performance as investors turned
cautious...
8 hours ago

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