Broken Promises and the Painful Path to Profit

Green Packet Berhad MD/CEO Puan Chan Cheong, in this 2012 interview, discusses:

- Coverage update
- ‘Nationwide’ status -- East Malaysia - update;
- Subscriber update;
- ARPU update;
- Competitionv - subscriber acquisition costs;
- Equipment - depreciation issues: partly blamed for losses - challenges - capital-heavy business;
- WIMAX - LTE - debate - issues;
- Software and services business: - Outlook - Gross margins - competition - Motorola, Samsung - Birdstep and Smith Micro;
- Accumulated losses 619 million ringgit since 2008 - profit promises - unfulfilled;
- EDBITDA profitability promise not kept - loss of credibility;
- Outstanding related party receivables: 3.9 million ringgit -- three years old - status.