Malaysian LTE provider might start offering services by end of year

In this article by Malaysian daily Utusan Malaysia it seems that new player on the block will be the country's first LTE provider to start offering service. Boasting download speeds of 100MBps and upload speeds of 50MBps, what is more surprising than the actual announcement is the name of the company that is reportedly offering this service in as little as six months time.

From Utusan Malaysia:
JOHOR BAHRU 26 Julai - Puncak Semangat Sdn. Bhd. (PSSB) bakal menjadi syarikat telekomunikasi bumiputera yang pertama di negara ini menawarkan perkhidmatan teknologi Evolusi Jangka Panjang (LTE) atau 4G tidak lama lagi.

A quick look at the Puncak Semangat website reveals that the company specializes in a variety of things such as Human Capital Management Services, Financial and Treasury Management Services, Corporate Services, Corporate Communications and Marketing Services, and Procurement Management services, but seemingly has no involvement in telco or ISP related business.
Trawling through the blogosphere, we found tech blogger SoyaCincau asking the same questions as we were:

Building a mobile network is tremendously complex and requires huge sums of money. In the course the mobile industry in Malaysia, many have tried and many have failed. In terms of 4G, all but only two WiMAX operators are actively in business at the moment. Even established 3G operators are cautious when it comes to 4G deployment though Maxis and DiGi have indicated that they are looking to deploy LTE networks sometime in 2012. 

Surprisingly, the ever-vocal Malaysian Wireless blog has yet to comment on this topic, but at least #yorais Minister of Information, Communication and Culture, Datuk Seri Utama Dr Rais Yatim, seems to be monitoring the progress closely:
From Bernama:
"The trial period for now is from six months to a year. I would prefer it if the trial period is brought further down to less than six months. Once the standard has been determined, then we will approve (the provision of 4G spectrum)," he told reporters following the launch of Puncak Semangat Sdn Bhd's "Long Term Evolution (LTE) Proof Of Concept Showcase 2011" here Tuesday.