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Green Packet

From Wikipedia, the free encyclopedia
Green Packet Berhad
TypePublic limited company
MYX: 0082
ISINMYQ0082OO006
IndustryTelecommunications
Founded2000
Headquarters,
Key people
Omar Abdul Rahman, Chairman
CC Puan, CEO
ProductsMobile data offloading, 4G devices, Wimax devices
Number of employees
800 (Worldwide)
Websitehttps://greenpacket.com/

Green Packet is a technology company that was founded by Puan Chan Cheong in Cupertino, California in 2000. It began as a software solutions company, before expanding into the broadband sector.[1]

History

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In 2000, Puan, a graduate of the University of Nebraska–Lincoln with a degree in business administration, founded Green Packet in 2000 and led it to its Main Market listing in 2005.[1]

In August 2008, Green Packet created Packet One Networks,[2] the first WiMAX service provider in Malaysia.[3]

In 2007, Green Packet surpassed US$1 billion in market capitalization.

In 2024, four of the six investors initially expected to subscribe to the company’s private placement of over 598 million shares withdrew from the exercise.[4]

References

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  1. ^ a b Vijeyasingam, Thamini (2023-06-01). "Green Packet founder CC Puan declared bankrupt". Free Malaysia Today. Retrieved 2023-08-25.
  2. ^ "Home". p1.com.my.
  3. ^ "GCT Semiconductor". www.gctsemi.com. Archived from the original on 2010-08-07. Retrieved 2018-10-29.
  4. ^ "Four investors withdraw from Green Packet's RM19.15m private placement". The Edge Malaysia. 2024-09-12. Retrieved 2025-02-11.