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Intel pumps US$15.4M in M'sian operator

Aggregated Source: ChinaTechNews.com
May 20, 2008|

By Edwin Yapp, ZDNet Asia KUALA LUMPUR–Intel Capital announced Monday it is investing 50 million ringgit (US$15.4 million) in local telecommunications player Green Packet through the Malaysian company's fully-owned subsidiary, Packet One Networks (P1). The deal, inked in the form of convertible bonds, effectively gives Intel Capital a 6.32 percent minority stake in Green Packet. Intel Capital [...]

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