Green Packet aims for the clouds after China deal

CGS-CIMB research noted that Green Packet had inked an exclusive 10-year agreement in August with China’s Tencent to exclusively offer its cloud services in Malaysia.

PETALING JAYA: Telecommunications and technology company Green Packet Bhd is showing signs of green shoots, and is optimistic of earnings turnaround by 2021, said a CGS-CIMB research report.

The research unit noted that Green Packet had inked an exclusive 10-year agreement in August with China’s Tencent to exclusively offer its cloud services in Malaysia.