Posted by analyst > 2012-08-29 00:39 | Report Abuse

Likely to be deficit as it has yet to recover its earlier's capital expenditure. Be more prudent

Posted by ledzepp > 2012-08-29 06:04 | Report Abuse

Sorry I'm not trying to pour cold water over GPacket but the market for wireless voice and data is dominated by the big 3, ie. Celcom (Axiata), Maxis and Digi and for wire line and broadband by TM. Penetration for mobile is already 100% or even higher. The 'fringed' players are trying to nibble at the cake. Investment in telecommunication is particularly expensive. If you don't reach the critical mass in subscribers, you'll never profit. Some are still surviving because their parent have deep pockets or in the case of GPacket the injection by KT.

Posted by kong73 > 2012-08-29 07:12 | Report Abuse

it is a tough market...i dunno anyone of my first 50 contacts in my hphone that has an account with gpacket.