The beginning of Green Packet is tied to one visionary man, Founder, Group Managing Director cum CEO, CC Puan. A graduate in Finance and Management Information System, a young CC Puan in year 1999, invested to set up a technology company with some partners in the Silicon Valley. That was during the dot.com prime where funding was aplenty and venture capitalists literally lined the streets. A year into business came the dot.com bust which greatly affected the Green Packet team. The then CEO decided to call it quits with funding dried up.
Green Packet was at the verge of resigning to oblivion if not for a very determined CC Puan. CC believed in the technology that the company was developing to meet a future need of ‘anytime, anywhere connectivity’. He was also determined to sustain the employment of his hopeful and talented research and development team, some of whom were living in the United States on working visas.
Once he verified the business potential, he wrestled circumstances to keep the Company afloat. CC maintained the small R&D team in the US and moved the operation to Malaysia, at the heart of Southeast Asia. Not only was the costs of operation reduced substantially, CC refocused Green Packet’s business on new emerging markets, namely China and Southeast Asian countries.
Within five years, Green Packet was listed on the MESDAQ market of the Malaysian bourse where the Company’s market capitalisation peaked to RM 2.7 billion. Two years later in 2007, Green Packet transitioned to the Main Market.
To ensure Green Packet weathers economic changes and market volatility of the highly competitive ‘solutioning’ business, its Board of Directors and Management Team devised a 5-year business plan and strategy spanning from 2007 to 2011. The business plan and strategy comprise of product diversification, geographical diversification and the creation of a recurring revenue network operator business.
Four years into executing the Group’s biggest transformation, Green Packet has emerged a fully integrated mobile broadband player anchored firmly on the two synergistic pillars of ‘Solutions’ and 4G Network Operator.’ It has grown its business by a few respectable folds with operations in nine countries; the USA, Malaysia, Singapore, Taiwan, China, Australia, Bahrain, Thailand and Hong Kong. Green Packet currently employs over 1,000 ‘Packeteers’.
Technology and Strategic Partners: Intel and SK Telecom.
The Green Packet Group aims to build leadership in 4G mobile broadband, and by diligently executing on our business plan and strategy of our two core businesses of ‘Solutions’ and ‘4G Network Operator,’ will ensure high sustained revenue and healthy growth for the Company.
