Puan Chan Cheong
|Puan Chan Cheong|
The man behind GreenPacket & Packet One Networks (P1)
Puan Chan Cheong|
21 October 1968
Chan Wing Rubber Estate, Jagoh, Johor, Malaysia.
|Residence||Petaling Jaya, Selangor, Malaysia.|
|Alma mater||University of Nebraska-Lincoln, U.S.|
|Occupation||Group CEO of Green Packet Berhad, CEO of Packet One Networks|
Puan Chan Cheong is a Malaysian born entrepreneur (born 21 October 1968 in Johor, Malaysia). Also known as CC Puan, he is the founder of Green Packet Berhad (Green Packet Inc incorporated in the USA, Green Packet International Inc and Green Packet Holdings Ltd) and Packet One Networks (Malaysia) Sdn. Bhd.
CC Puan was born in Jagoh, Johor to a family of 10 siblings and spent his childhood in a rubber estate in the backwaters of Kuantan, Pahang. His early days saw CC Puan growing up in a humble plantation household, experiencing running water and electricity for the first time only at 13.
CC Puan became the first in his family to be given the opportunity to attend college and study abroad. He graduated with a double degree in Business Administration and Management Information Systems and Finance from the University of Nebraska-Lincoln, USA.
In year 1999, CC Puan invested in setting up a technology company with some partners in the Silicon Valley. It had a good one-year run as a new business in a time when technology assimilation was high and funding was plenty. After a year into business, came the dot.com bust. Green Packet came to a dead end where the then CEO decided to call it quits.
Not wanting to give up, CC Puan stepped in and took the CEO role and determined to sustain the employment of his hopeful and talented team. CC Puan maintained a small R&D team in the US and moved its headquarter and its entire operations back to Kuala Lumpur, Malaysia, forming Green Packet Berhad (GPB). This reduced operating cost substantially and allowed the company to refocus its business on the emerging markets of the Southeast Asian countries.
Green Packet was listed on the MESDAQ market of the Malaysian bourse within 5 years where the company’s market capitalization peaked to RM 2.7 billion. After 2 years being listed in the MESDAQ market, in 2007, Green Packet transitioned to the Main Market.
With operations in nine different countries; USA, Malaysia, Singapore, Taiwan, China, Australia, Bahrain, Thailand and Hong Kong. Green Packet is a supplier of 4G devices and connectivity solutions for telecommunication companies and operators.
Packet One Networks
Packet One Networks (P1) is a Malaysian converged telecommunication, broadband and 4G service provider. It was founded in 2002 as a subsidiary of Green Packet Berhad. P1 was one of four companies awarded the 2.3 GHz spectrum licenses by the Malaysian Government to deploy 4G services throughout Malaysia in March 2007. Later in August 2008, P1 became the first company to launch commercial WiMAX services in Malaysia.
Fast forward, on 27 March 2014, Telekom Malaysia Berhad (TM), the country’s largest integrated information and communications group and SK Telecom Co. Ltd. (SK Telecom), South Korea’s largest wireless telecommunications operator entered into a strategic investment agreement with Green Packet Berhad (Green Packet) to collaborate on developing Packet One Networks into a leading 4G Converged Telco with next generation LTE infrastructure, Fiber and rich content to offer Malaysia a full-suite of converged communication services.