February 22, 2010

Watch YTL Power and YTL-E Solutions

YTL Communications Sdn,the communication utility company of  YTL Power International Bhd is poised to become the first in the world to launch a nationwide 4G network, offering state-of-the-art mobile Internet connectivity to Malaysia.

To do so, it has  committed itself to purchase one million units of WiMAX single chips from GCT Semiconductor which will fully support YTL Communications with its deployment of a nationwide 4G service in the country.

Interestingly,GCT will share technical expertise and provide YTL Communications with the most advanced and lowest power WiMAX chips available on the market today, making YTL Communications’ vision of creating a complete ecosystem with nationwide mobile Internet service using 4G a reality.

The one million units purchased will be consigned to key original design manufacturers selected to provide innovative 4G devices to YTL Communications this year.

GCT is the market leader in providing WiMAX single-chip solutions worldwide, holding the largest market share based on WiMAX chipsets sold and number of WiMAX subscribers currently using GCT’s technology.

According to a spokesman from YTL Power, for this project,"driving economies of scale is central to the ecosystem building effort towards developing the world’s first nationwide 4G network,”  “This will ensure  future customers will have the best price-performance in 4G products and solutions.”

GCT president and chief executive officer Dr Kyeongho K.H. Lee said the one million-unit commitment by YTL Communications will firmly secure GCT’s leading market share position.

He said it will also allow the company to maintain more than 60% market share this year with design wins from over 40 countries, including Malaysia, South Korea, Japan, Russia and the United States.

Once this project go on stream it should have a positive effect on the share prices of YTL Power and YTL-E Soultions.

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