Packet One Networks (Malaysia) Sdn. Bhd.(Company No. 571389-H)P1 CEO Michael Lai passes the baton to CC PuanPetaling Jaya ...
CC will step in as P1 CEO effective 1 July 2013. He had assumed the acting COO role sinceJanuary this year to place focus ...
universal, ubiquitous and affordable for every Malaysian. P1 hopes to play a major part in realizing thenations goal provi...
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P1 CEO Michael Lai Passes The Baton to CC Puan

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P1 CEO Michael Lai Passes The Baton to CC Puan after his exit from P1 effective June end. More info http://www.p1.com.my/common/pressreleases_ref.aspx

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Transcript of "P1 CEO Michael Lai Passes The Baton to CC Puan"

  1. 1. Packet One Networks (Malaysia) Sdn. Bhd.(Company No. 571389-H)P1 CEO Michael Lai passes the baton to CC PuanPetaling Jaya (5 June 2013) - Michael Lai is moving on from his post as CEO of Packet OneNetworks (Malaysia) Sdn Bhd (“P1”) for personal reasons. He passes the baton to GreenPacket Berhad (“GPB”) Group founder and CEO, CC Puan who will lead the challenger telco todeliver its next phase of growth as the new P1 CEO.P1 burst into the telco scene in 2008 with Michael at its helm championing ‘broadband for all’ viaa more accessible broadband solution that is instant plug-and-play and more affordable. Sincethen, P1 had progressed to over half a million subscribers and notably, reached positiveEBITDA since the last quarter of 2011; the fastest telco to do so in Malaysia’s history. P1 hadalso secured a total of 50MHz of 4G spectrum on the 2.6GHz and 2.3GHz spectrum bands topave the way for its full 4G TD-LTE transformation.“I had the great pleasure to carry out the first part of P1, CC Puan and the Board’s vision to seeP1 take its place as one of Malaysia’s leading 4G telco serving converged fixed and wirelessbroadband, and voice services with next generation technology. I pass the baton now to CC toassume the P1 CEO role. I believe he will be the best person to see P1 through to its ultimategoal,” said Michael.Michael is highly respected for his contributions to the information and communicationstechnology industry both locally and abroad. He made P1 the Southeast Asia showcase for 4Gdeployments and secured P1 representation on high profile international bodies such as theGlobal WiMAX Forum Board and the Global TD-LTE Initiative Steering Committee.CC said, “I thank Michael for his contribution. It will take awhile for us to get used to Michael notbeing the face of P1 anymore.”
  2. 2. CC will step in as P1 CEO effective 1 July 2013. He had assumed the acting COO role sinceJanuary this year to place focus on P1 and get deeply involved in its operations. According toCC, P1 operates in an increasingly challenging and competitive environment which requires theadoption of new and smarter strategies. He had earlier this year, launched a businesstransformation program to enable P1 to compete and operate more efficiently and effectively.He said, “As founder of the business, I’m extra committed to see P1 succeed and will personallyassume the P1 CEO role to enable me to directly shape P1’s future andCC is Group Managing Director and CEO of Green Packet Group which comprise of twobusiness pillars, namely, as 4G device and solutions vendor to global telcos; and serviceoperator pillar via P1. He founded Gree2007, won the 2.3GHz spectrum license to kickTan Sri Datuk Dr. Haji Omar Bin Abdul Rahman, Chairman and Independent NonDirector of Green Packet Group said, “With CC closer to the ground, he brings to P1 operationshis sound strategies, ability to bring together resources, and diligence in implementation. Thetransition will be smooth as CC had always enjoyed a strong rapport with the operations teHe added, “We thank Michael for gettingBoard is confident that CC as CEO, will get P1 to its top four telco goal.”About Packet One Networks (Malaysia) Sdn. Bhd.Packet One Networks (Malaysia) Sdn Bhd ("P1"), a subsidiary of Green PacketBerhad with South Korea leading Operator, SK Telecom as second largestshareholderP1 represents the first largeSoutheast Asia, and the first largeWiMAX network outside Korea. Although LTE is stP1 is already gearing up for 4G LTE transition and deployment through strongstrategic partnerships with the world’s largest LTE proponents namelyQualcomm International, China Mobile Limited and being accepted into theelite Global TDworld’s market potential. P1s goal is to bridge the digital divide by making access to the internetCC will step in as P1 CEO effective 1 July 2013. He had assumed the acting COO role sinceace focus on P1 and get deeply involved in its operations. According to, P1 operates in an increasingly challenging and competitive environment which requires theadoption of new and smarter strategies. He had earlier this year, launched a businesssformation program to enable P1 to compete and operate more efficiently and effectively.He said, “As founder of the business, I’m extra committed to see P1 succeed and will personallyassume the P1 CEO role to enable me to directly shape P1’s future and unlock its full potential.”CC is Group Managing Director and CEO of Green Packet Group which comprise of twobusiness pillars, namely, as 4G device and solutions vendor to global telcos; and serviceoperator pillar via P1. He founded Green Packet in the year 2000 in Silicon Valley, USA and in2007, won the 2.3GHz spectrum license to kick-start P1, which began operations in 2008.Tan Sri Datuk Dr. Haji Omar Bin Abdul Rahman, Chairman and Independent NonGroup said, “With CC closer to the ground, he brings to P1 operationshis sound strategies, ability to bring together resources, and diligence in implementation. Thetransition will be smooth as CC had always enjoyed a strong rapport with the operations tefor getting P1 off the ground and taking it to where it is today. TheBoard is confident that CC as CEO, will get P1 to its top four telco goal.”-End-About Packet One Networks (Malaysia) Sdn. Bhd.Packet One Networks (Malaysia) Sdn Bhd ("P1"), a subsidiary of Green Packetwith South Korea leading Operator, SK Telecom as second largestshareholder, is Malaysias first and leading 4G telecommunications company.P1 represents the first large-scale commercial 4G WiMAX deployment inSoutheast Asia, and the first large-scale deployment of an 802.16e 2.3GHzWiMAX network outside Korea. Although LTE is still in its infancy in Malaysia,P1 is already gearing up for 4G LTE transition and deployment through strongstrategic partnerships with the world’s largest LTE proponents namelyQualcomm International, China Mobile Limited and being accepted into thee Global TD-LTE Initiative (“GTI”) that encompasses more than half theworld’s market potential. P1s goal is to bridge the digital divide by making access to the internetCC will step in as P1 CEO effective 1 July 2013. He had assumed the acting COO role sinceace focus on P1 and get deeply involved in its operations. According to, P1 operates in an increasingly challenging and competitive environment which requires theadoption of new and smarter strategies. He had earlier this year, launched a businesssformation program to enable P1 to compete and operate more efficiently and effectively.He said, “As founder of the business, I’m extra committed to see P1 succeed and will personallyunlock its full potential.”CC is Group Managing Director and CEO of Green Packet Group which comprise of twobusiness pillars, namely, as 4G device and solutions vendor to global telcos; and servicen Packet in the year 2000 in Silicon Valley, USA and instart P1, which began operations in 2008.Tan Sri Datuk Dr. Haji Omar Bin Abdul Rahman, Chairman and Independent Non-ExecutiveGroup said, “With CC closer to the ground, he brings to P1 operationshis sound strategies, ability to bring together resources, and diligence in implementation. Thetransition will be smooth as CC had always enjoyed a strong rapport with the operations team.”it to where it is today. ThePacket One Networks (Malaysia) Sdn Bhd ("P1"), a subsidiary of Green Packetwith South Korea leading Operator, SK Telecom as second largest, is Malaysias first and leading 4G telecommunications company.scale commercial 4G WiMAX deployment inscale deployment of an 802.16e 2.3GHzill in its infancy in Malaysia,P1 is already gearing up for 4G LTE transition and deployment through strongstrategic partnerships with the world’s largest LTE proponents namelyQualcomm International, China Mobile Limited and being accepted into theLTE Initiative (“GTI”) that encompasses more than half theworld’s market potential. P1s goal is to bridge the digital divide by making access to the internet
  3. 3. universal, ubiquitous and affordable for every Malaysian. P1 hopes to play a major part in realizing thenations goal providing Broadband for All.Since its inception, P1 has received the following accolades:2008 ● Red Herring Asia’s Most InnovaƟve Private Technology Company● Malaysia Book of Records - Malaysia’s first WiMAX telco2009 ● Malaysia APICTA Best of Start-Up Companies2010 ● Frost & Sullivan Malaysia Telecom Awards – Most Promising Service Provider of the Year● Malaysia Effie Awards - “Sudah Potong?” Campaign (Gold)2011 ● Best Enterprise Brand by Global Golden Brand Awards● Global Leadership Awards – Internet Category2012 ● GoMobile – Best Home BroadbandFor media enquiries, please contact:Chua Tek YanTel: +603 74508876Mobile: +6016 6668435E-mail: tekyan.chua@packet-1.comShirley Ah YongTel: +603 74508812Mobile: +6012 2332405E-mail: shirley.ahyong@packet-1.com

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