Pacific Internet Announces Plan for WiMax Rollout in the Philippines
SINGAPORE, April 10 /Xinhua-PRNewswire-FirstCall/ — Pacific Internet
Ltd., the largest telco-independent Internet Communications Service
Provider by geographic reach in the Asia Pacific region, today announced a
major investment and expansion plan for Pacific Internet Philippines (PI
PH). PI PH will invest over US$12 million in building a wireless broadband
infrastructure, initially in the Greater Metro-Manila area.
This will be the first rollout of a WiMax infrastructure in the
Philippines. The plan includes multiple wireless technologies to support
its core business: leased lines and broadband Internet access and other
IP-based services mainly for corporate customers. PI PH has recently been
assigned the 15MHz spectrum in the 2.5-2.7 GHz band, suitable for Broadband
Wireless Access for business customers and professionals.
Managing Director of PI PH, Ms Jojie Yap, said, “We are especially
delighted to have been assigned the BWA spectrum, as this will allow us to
expand our range of services to both corporate and individual customers. By
owning our infrastructure we can achieve lower cost of sales and better
margins. Pacific Internet Philippines looks forward to strengthening its
position among the leading Internet service providers in the Philippines
and offering the widest choice of broadband services, as well as more
value-added IP services.”
PI PH recently launched PacNet Vocal, a VOIP service, which, among
other features, provides un-metered calls between the subscribers, wherever
they may be located.
The infrastructure expansion will make PI PH an important component in
PacNet’s regional strategy, by providing the means to extend corporate
networks from the other PacNet countries into the Philippines, while having
full end-to-end control over the service delivery and quality. PI PH will
also be able to strengthen its brand name and market positioning by owning
its infrastructure down to the last mile.
Ms Yap added, ”Customer satisfaction has always been our company’s
driving force and we continue to listen to the pulse of the market in all
the initiatives that we have laid out for the forthcoming years. Our
company is one of the pioneers in the Philippine ISP industry, and we shall
continue to bring exciting developments to meet the market’s increasing
demand for more choices and better alternatives.”
Mr. Phey Teck-Moh, President and Chief Executive Officer, Pacific
Internet Limited said, ”We are delighted that PI PH is set to be the first
to rollout WiMax there. This expansion is in line with Pacific Internet’s
five-year business plan announced in 2006, to transform Pacific Internet
into an IP- based Communications and Solutions Provider.”
PDSI secured its Congressional Telecommunications Franchise in 2001,
and its wireless operating license in 2005.
About Pacific Internet Philippines
Primeworld Digital Systems, Inc. (PDSI) is an affiliate of Pacific
Internet Ltd., the largest telco-independent Internet Communications
Service Provider by geographic reach in the Asia Pacific region. PDSI holds
a telecommunications franchise and licenses for wireless broadband, VOIP
and other telecommunication services from the National Telecommunications
Commission. It operates under the business name – Pacific Internet
Philippines.
Our vision is to be the leading Business Communications Service
Provider, recognized for delivering value and quality solutions beyond
customer expectations. We will do this by offering IP Services to extend
the value of our core offering, using converged IP services, regional
connectivity and IP- based communications solutions.
About Pacific Internet Limited
Pacific Internet Limited or PacNet (NASDAQ: PCNTF) is the largest
telco- independent Internet Communications Service Provider by geographic
reach in the Asia Pacific region. The Company has direct presence in
Singapore, Hong Kong, the Philippines, Australia, India, Thailand and
Malaysia. PacNet delivers a comprehensive suite of data, voice and video
services to both corporate business and consumer customers. For more
information, visit http://www.pacnet.com .
Cautionary Statement
Statements made in this press release with respect to Pacific
Internet’s current plans, estimates, strategies and beliefs and other
statements that are not historical facts are forward-looking statements
about the future performance of Pacific Internet. Forward-looking
statements include but are not limited to those using words such as “seek”,
“expect”, “anticipate”, “estimate”, “believe”, “intend”, “project”, “plan”,
“strategy”, “forecast” and similar expressions or future or conditional
verbs such as “will, “would”, “should”, “could”, “may” and “might”. These
statements reflect management’s current expectations, beliefs, hopes,
intentions or strategies regarding the future and assumptions in light of
currently available information. They are subject to a number of risks and
uncertainties, including but not limited to (i) changes in the economic,
regulatory and political environments in the countries where Pacific
Internet operates; (ii) changes and developments in technology and the
Internet marketplace; (iii) Pacific Internet’s continued ability to develop
and win acceptance of its products and services, which are offered in
highly competitive markets; (iv) the success of its joint ventures and
alliances; (v) exchange rates, particularly between the Singapore dollar
and the U.S. dollar and other currencies in which Pacific Internet makes
significant sales or in which its assets and liabilities are denominated;
and (vi) the outcome of contingencies. In light of the many risks and
uncertainties surrounding the Internet marketplace, the actual results
could differ materially from those discussed in the forward-looking
statements. Pacific Internet assumes no obligation to update any such
statements.
Media Contact
Bernard Ho
Group Corporate Communications
Pacific Internet Limited
DID: +65 6771 0433
Mobile: +65 9782 3393
Email: bernard.ho@pacific.net.sg
Investor Relations
Mervin Wang
Pacific Internet Limited
DID: +65 6771 0780
Mobile: +65 9798 6077
Email: investor@pacific.net.sg
SOURCE Pacific Internet Limited
Related links:
# http://www.pacnet.com
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