YTL Communications Commits to Purchase 1 Million Units of GCT Semiconductor WiMAX Single-Chips



Kuala Lumpur, 22nd February 2010 - YTL Communications Sdn Bhd, which will soon launch a nationwide 4G network in Malaysia, today announced a purchase commitment of one million units of WiMAX single-chips including GCT's GDM7205 WiMAX single chips and GDM7215 WiMAX/WiFi dual-mode single chips from GCT® Semiconductor, a US based, leading supplier of Mobile WiMAX™ solutions to the global market.


YTL Communications Commits to Purchase 1 Million Units of GCT Semiconductor WiMAX Single-Chips


The purchase agreement shows YTL Communications' commitment and marks GCT's dedication to fully support YTL Communications with their deployment of a nationwide 4G service in Malaysia. GCT will share technical expertise and provide YTL Communications with the most advanced and lowest power WiMAX chips available on the market today, making YTL Communications' vision of creating a complete ecosystem with nationwide mobile Internet service using 4G a reality. YTL Communications will consign the purchased one million units to key ODMs selected to provide innovative 4G devices to YTL Communications this year.

YTL Communications is poised to become the first in the world to launch a nationwide 4G network offering state-of-the art mobile Internet connectivity to Malaysia. GCT is the market leader in providing WiMAX single-chip solutions worldwide, holding the largest market share based on WiMAX chipsets sold and number of WiMAX subscribers currently using GCT's technology.

"Today's announcement marks another important milestone for YTL Communications," said its CEO Wing K. Lee. "Central to our ecosystem building effort is to drive economy of scale through our effort to build the world's first nationwide 4G network. This significant order - amongst the largest in WiMAX history - ensures our future customers will have the best price-performance in 4G products and solutions. GCT is a key player in the 4G chipset ecosystem with its WiMAX solution that offers world-class leading power consumption and mobility performance. We are confident that with GCT's market-proven solution and expertise, we will achieve our goal to leapfrog Malaysia into a Broadband Nation", added Lee.

"We are pleased to further participate and contribute to YTL Communications' 4G deployment with this strong commitment," said Dr. Kyeongho "KH" Lee, President and CEO of GCT Semiconductor. "This one million-unit commitment from YTL Communications will firmly secure GCT's undisputed leading market share position, and allow the company to maintain more than 60 percent market share this year, with design wins from over 40 countries, including Malaysia, Korea, Japan, Russia and USA."

About YTL Communications Sdn Bhd.
YTL Communications Sdn Bhd is a subsidiary and the communications utility of YTL Power International Berhad (YTL Power International). The Company has approval from the Malaysian Communications and Multimedia Commission (MCMC) to operate a 2.3 GHz WiMAX wireless broadband network in Malaysia and intends to use this privilege to provide affordable, world-class services that improve the lives of people across Malaysia.

Financial backing from YTL Power International and technological know-how from strategic, best-in-breed partners including: Cisco, Clearwire, GCT and Samsung, will position YTL Communications as a leading player in the telecommunications industry and will lay the foundation for the roll out of a nationwide wireless broadband network by late 2010. As a responsible corporate citizen, YTL Communications is committed to bridging the digital divide between the urban and rural communities, improving the quality of life, and supporting efforts to promote technological innovation.

About YTL Power International
YTL Power International is a utility group active across key segments of the utility industry worldwide. Headquartered in Malaysia and listed on Bursa Malaysia (market capitalization RM12.9 billion (USD 3.8 billion) as at 31 October 2009), it operates in the United Kingdom, Singapore, Australia and Indonesia. Its core businesses include: power generation, retail and transmission, water and sewerage services. YTL Communications represents YTL Power International's first investment in the communications business. YTL Power International is a subsidiary of YTL Corporation Berhad ("YTL Corporation").

About YTL Corporation
YTL Corporation Berhad is one of the largest companies listed on the Bursa Malaysia, and together with its five listed entities has a combined market capitalization of about RM30.8 billion (USD9.1 billion) as at 31 October 2009, and total assets of over RM45 billion (USD13 billion). The company was listed in 1985, and has also had a secondary listing on the Tokyo Stock Exchange since 1996, being the first Asian (non-Japanese) company to be listed on the Tokyo Stock Exchange. YTL Corporation is an integrated infrastructure developer with interests in construction, power generation (in both contracted and merchant markets), cement manufacturing, water and sewerage services, property development, hotel development and management and information technology and e-commerce initiatives, serving over 12 million customers on three continents.