Far EasTone targeting 30 percent share of Taiwan’s 4G market in 2015

TaiwanTAIPEI–Far EasTone Telecommunications Co. (遠傳電訊), Taiwan’s third-largest wireless carrier, said that it is targeting a 30 percent share of the country’s fast-growing fourth-generation (4G) mobile market.  Answering reporters’ questions at a public welfare event co-organized with the John Tung Foundation (董氏基金會), Far EasTone President Yvonne Li (李彬) estimated that the number of her company’s 4G users will reach 3 million by the end of this year, double the current figure.


Far EasTone claims it has most 4G users in market

TAIPEI — Far EasTone Telecommunications Co. has the most 4G subscribers in Taiwan with a 40 percent market share, the company said Monday, citing figures from the country’s communications regulator. The latest figures of the National Communications Commission (NCC) showed that as of the end of August, Far EasTone had 250,000 4G users, more than its two bigger telecom rivals, Chunghwa Telecom and Taiwan Mobile, the company said.


HTC partners with Far EasTone to create largest 4G mobile service provider

TAIPEI, Taiwan — HTC Corp. (宏達電) on Wednesday signed a memorandum of understanding (MOU) with Far EasTone Telecom (FET, 遠傳電信) to form a strategic partnership for providing fourth-generation mobile service. The signing ceremony of the MOU between FET and HTC was hosted by FET President Yvonne Li (李彬) and HTC Chief Financial Officer Chang Chia-lin (張嘉臨) in Taipei. As FET is expected to launch 4G services soon, the strategic partnership with HTC will give FET an advantage in winning the title of Taiwan’s largest 4G mobile service provider.


4G services may well depress top 3 telecom operators’ bottom lines

TAIPEI — Taiwan’s top three telecom operators’ launch of their own fourth-generation (4G) long-term evolution (LTE) networks is expected to depress the three’s bottom lines, starting from June, Yuanta Investment Consulting said Saturday. Chunghwa Telecom Co., the largest telecom services provider in Taiwan, was the first to launch the 4G network on May 29, followed by rival Far EasTone Telecommunications Co. on June 3 and Taiwan Mobile Co. on the following day.


Far EasTone joins 4G broadband competition

TAIPEI, Taiwan — Following in the footstep of Chunghwa Telecom (中華電信), Far EasTone Telecom (遠傳電信) announced its launch of 4G broadband service yesterday, while Taiwan Mobile (台灣大哥大) is expected to roll out the service today. Chunghwa Telecom launched the 4G service on May 29, one month earlier than market expectations, making it the first telecom company to launch the service in Taiwan. Sources say the download speed for 4G is four to seven times faster than 3G, and fast media experience will be the main attraction of 4G broadband.