Newcomer Puncak Semangat Sdn Bhd has bagged the lion’s share of the allocation of the 4G-LTE spectrum.
The obscure Puncak Semangat, reportedly linked to tycoon Syed Mokhtar Albukhary, was reportedly allocated 40MHz.
The rest of the contenders, including the big boys – Maxis, Digi and Celcom Axiata – were allotted 20MHz each.
What makes Puncak Semangat, and no other company, so special?
Its proposal? Its financial capabilities? Its experience?
But, as The Edge (10 December) noted, “Puncak Semangat does not appear to appear to have a track record in the industry compared with its more established peers”.