Kendall Court exits Malaysian broadband provider
Kendall Court Capital Partners has exited Packet One Networks – a Malaysian broadband provider heavily involved in 4G telecommunications technology – as Telekom Malaysia (TM) bought a controlling stake in the company.
The deal, announced in March, saw TM acquire a 55% stake in Packet One for MYR350 million ($108 million). The telecom giant now owns 55.3%, with existing investors Green Packet and SK Telecom holding 31.1%...
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