News - Portfolio Company News

When US power company Xcel inked a deal with Goldman Sachs-owned Cogentrix this month it was much more than just another vote for renewable energy.

The editors of R&D Magazine have announced the winners of the 48th Annual R&D 100 Awards, which salute the 100 most technologically significant products introduced into the marketplace over the past year. A full list of this year’s winners is available at

Augere and Greenpacket, a leading developer of next generation mobile broadband and networking solutions, have announced the beginning of a mutually beneficial business relationship at a signing ceremony held in Kuala Lumpar this week. The Memorandum of Understanding formalizes their collaboration towards the common goal of delivering a superior broadband experience to customers through the sharing of knowledge and experience

Green Packet Bhd aims to secure two to three contracts worth about US$2.5mil (RM8mil) each by the year-end to supply WiMAX modems to operators in the Middle East and American continents.

“We have secured over 30 deals, supplying 130,000 WiMAX modems in the first half of 2010,” senior general manager Kelvin Lee said at a signing ceremony between Green Packet and Augere Holdings.

Qubee is growing and adding more cities to its coverage footprint. Qubee Pakistan can already boast over 20,000 customers in its launch city of Karachi, but this month it also launched services to residential and small business customers in Islamabad and Lahore. Trials on the new networks were successfully completed earlier in the year and the networks are now ready in all respects to provide connection speeds of up to 1Mbps to Qubee customers.

Augere is gearing up to launch its wireless broadband service in East Africa later this year. To get an update on this and Augere's other plans for the future we caught up with Paul Franklin, Augere's Director of Spectrum and Regulation, to find out more about Augere's progress in acquiring spectrum and expanding its global footprint.

These are times of a near economic meltdown. Crunch time has seen many indicators falling like nine pins. People and organisations with money are few and far between, and are not willing to part with their wealth in the turbulent climate.

How then the bold do and the brave fare by assessing risks and wresting the initiative through making opportunities of what most others consider to be risky propositions? The booming telecom sector in Pakistan is a case in point. The country's economic scenario and potential paints a different picture when one reviews the numbers achieved by the Telco's here.