Altel Communications hit 250,000 active prepaid subscriptions, with its own billing system and core networks being built in preparation for a post-paid offering. The company is said to be looking for strategic investor to strengthen its value proposition to market.
There's a new telco in town with the recent launch of Altel Communications, a subsidiary of Puncak Semangat Sdn Bhd. But the real question on most minds including DNA CEO Karamjit Singh is this: “Is Syed Mokhtar really serious about being a telco player?”
It was a low profile introduction for the Syed Mokhtar al-Bukhary owned telco, Altel Sdn Bhd, one of the nine telecommunications companies with some 2.6GHz spectrum allocated for Long Term Evolution (LTE) services.