TM Completes Investment Into P1

TM Completes Investment Into P1 2

Telekom Malaysia Berhad (TM) is pleased to announce the completion of the Investment Agreement for its partnership with Green Packet Berhad (Green Packet) and SK Telecom Co., Ltd (SK Telecom) for the three parties to share in the ownership and collaborate in the future growth of Packet One Networks (Malaysia) Sdn Bhd (P1), Malaysia’s leading WiMAX wireless provider. Applicable approvals, including from the relevant regulatory bodies and Green Packet shareholders have been duly obtained.

Following the completion, TM emerges as the new holding company for P1 with a shareholding of 55.3%; and the remaining 44.7% is shared between Green Packet (31.1%) and SK Telecom (13.6%).

The partnership  drives  strong  synergies  from  the three  (3) complementary  partners  to work together  to  capitalise  on  a  viable  mobile  opportunity  and  deliver  the  next  generation  of converged communication services. It essentially enables P1 to crossover to LTE and offer full mobility while providing TM with an LTE-ready platform to accelerate and more efficiently make wireless  broadband  products  available  to  its  customers.  This  includes  access  to  suitable spectrum bands, the ability to draw on advanced technological  knowhow of SK Telecom, an existing customer base to build on, and the strong base of LTE upgradeable WiMAX sites to quickly achieve extensive LTE coverage.

TM sees the provision of mobility solutions to customers as a natural progression in line with industry evolution towards true convergence, not just from a technology or device perspective, but more importantly from a customer experience point of view, in the delivery of end-to-end broadband  and  data  services.  Its  investment  into  P1  and  the  recent  launch  of  its  first  4G broadband offering, TMgo are part of TM’s roadmap towards becoming the No. 1 converged communications service provider. It is also in line with TM’s vision of being an “Information and Innovation exchange” and will further bolster its position as Malaysia’s broadband champion.

The partners, together with P1, are currently developing a joint business plan and strategies for the realisation of partnership synergies. At the same time, the partners are conducting an operational review to further optimise operations for P1’s future business. Product development and commercial plans are also under discussion.

TM  will  play  an  active  role  in  the  management  and  direction  of  P1  through  its  strong representation at the board level. As the holding company, it also has nomination rights for key management  positions.  P1’s new board  and management  line-up  will be announced  in due course.

GET seminar with P1, Rakuten and HeppiFace

GET seminar with P1, Rakuten and HeppiFace 4

The GET Seminar was jointly conducted by P1, Rakuten Malaysia and HeppiFace. And the GET stands for Going e-Commerce Training. Though I wouldn’t really call it an intense training , it was still insightful to hear about the latest statistics from big boys like Rakuten and my buddy from HeppiFace.

Rakuten Malaysia

Masaya Ueno from Rakuten
Masaya Ueno from Rakuten Malaysia

Presented by the CEO himself; Masaya Ueno, he shared about what the Malaysian branch is aiming to do this 2014. He mentions the company will continue focusing to help merchants sell more through the advice from their Rakuten Malaysia sales consultants. For example; educating merchants of how a change in their template design could help convert more visitors into closed sales.

Then after, Masaya-san also touched points on Rakuten Malaysia aiming to help merchants this year reach out to international markets, fulfillment services and also offering better buyer protection to instil greater confidence to their buyers when shopping with them.

P1

Hui Ling from P1
Hui Ling from P1

When P1’s instrumental linchpin; Hui Ling, took to the stage, it was no stopping the energetic lady from sharing about the business products and services P1 has lined up.

Some of the points shared were on VOIP for the business owner or users. For example; P1 aims to offer the flexibility and painless process when having to add a new team members to your subscribed line.

And I was pretty surprised to hear that 1 of the offered service to business users is SMS blasting as well. Though 1 thought lingered on my mind; how is P1 looking to educate the business users about permission marketing especially with the recently enforced Personal Data Protection Act? Hmm…

That aside, another add-on value they’re offering to business users is an auto-attendant service. I think this will be kinda like your 1-300 answering service.

HeppiFace

Johan from HeppiFace
Johan from HeppiFace

I know Johan personally from my business network and though he was a little panicky because his computer tried to kill his presentation for the GET seminar, he still managed to coolly present with the slides he made in a shorter time. Woot woot Johan! 😀

From Johan’s talk, he reminded the Faceook Page owners in the audience that the person handling your social media account has to always be professional.

And did you know, the average Facebook Malaysia account holder has an average of 223 friends? o.O

Anyway, he was very generous in sharing his knowledge on how you can effectively promote yourself and your Facebook page. Like 1 of his strategies; birthday banner, is to post a picture as a comment to wish your friend on their birthday and then, tag the person along with your Facebook Page. There you have it, free awareness!

Then he also mentioned when you want to plan your Facebook advertising strategy, you need to go GILA. Target by the:

  • Gender
  • Interest
  • Location
  • Age

Don’t tell me it doesn’t make it easy for you remember as well. 😛

And well, I couldn’t stay through to the end for the GET seminar because I had to get back and prepare for my Japanese class. However, I would’ve posed questions like:

  1. To Masaya-san: With Shopify leveraging on the Malaysia website designers / developers to gain more customers, will Rakuten Malaysia have a similar referral strategy?
  2. To Hui Ling: How will the PDPA affect your business customers when they use your SMS blasting services?
  3. To Johan: From your experience, what is the best way to gain more fans for your Facebook Page?

Overall

The GET seminar was alright, but I shouldn’t be giving much comment as well since I wasn’t able to stay until the end. So I’ll just zip it here and just say well done Johan, you did it bro! 😛