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Pact with AGC to develop wireless Perak in Malaysia

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The Perak government in Malaysia expects that 60 per cent of the populated areas in the state will go wireless in September this year.

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With Perak’s own MSC in place and businesses coming in, the state is expected to become the next regional hub for telecommunication services, as told by Mentri Besar Datuk Seri Tajol Rosli Ghazali. Wireless Perak will be managed by Asia Gateway Communications (AGC). AGC owns wireless broadband solutions provider Red Snapper. Following signing of an agreement with AGC, Perak State Economic Development Corp (SEDC) now owns 40 per cent equity stake in the company, slated to be the flagship enterprise for Perak MSC. Braham Singh, AGC chief executive officer, stated that the company expected the wireless project to contribute US$10million to revenue in its first year of operation and about US$100million within the next five to 10 years.

 

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