Digi Times — Taiwan Star Cellular has started operating its 4G network on a 2,600MHz frequency band with bandwidth of 40MHz in the Taiwan market, the third 4G operator to do so. Taiwan Star Cellular originally operated 4G on a 900MHz frequency band with bandwidth of 20MHz, and acquired the (2,500-2,520MHz for upload and 2,620-2,640 for download band at NT$6.615 million (US$200.5 million) on December 7, 2015.
Digi Times — Bids for 2,500-2,600MHz frequency bands for 4G mobile communications on November 26 resulted in total bids of NT$23.100 billion (US$711 million), 60.42% over the total floor price, according to the National Communications Commission (NCC). The closing bidding prices were: NT$5.865 billion for D1, NT$5.640 billion D2, NT$5.640 billion D3, NT$3.005 billion D4, NT$1.445 billion D5 and NT$1.505 billion D6, NCC indicated.
TAIPEI — Shares of Asia Pacific Telecom Co. (亞太電信) got a boost Thursday morning after Taiwan Star Cellular Corp. (台灣之星) formally announced a bid a day earlier to acquire the company, dealers said. Shares of Asia Pacific Telecom rose 7 percent, the maximum daily increase, to close at NT$17.90 (US$0.59) with 102.95 million shares changing hands. The weighted index on the Taiwan Stock Exchange ended up 0.42 percent at 8,930.90 points.
TAIPEI — Taiwan Star Cellular Corp. (台灣之星), a telecom arm of conglomerate Ting Hsin International Group (頂新), said it is seeking to acquire Asia Pacific Telecom Co. (亞太電) in a bid to consolidate the resources of the two companies. Cliff Lai, president of Taiwan Star, said his company is sitting on huge funds and has a 4G license, a broad distribution network and plenty of talent for business expansion.