Far EasTone leads consortium to acquire cable TV operator for $2.3B

A consortium of investors led by FarEasTone Telecommunications and Morgan Stanley signed a MoU to buy Taiwan’s largest cable-television operator, China Network Systems, from private-equity firm MBK Partners for around $2.3 billion, the Wall Street Journal reported. Including several local investors, the agreement …

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Far EasTone joins Chunghwa in cutting 4G rates

Taiwan’s third largest operator Far EasTone Telecommunications said it will offer a 4G plan priced at TWD298 ($9.60) per month for light data users, following market leader Chunghwa Telecom launching a TWD288 plan for 1.5GB of data earlier in the …

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Apple falls foul of Taiwanese court on iPhone pricing – report

A Taiwanese court found against Apple in a case related to its iPhone pricing practices, according to Reuters. It follows an earlier ruling from the Fair Trade Commission in the market, concerning the fact that the US company required advance …

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Far EasTone gains on 4G market leader

Taiwan’s Far EasTone Telecommunications added almost 550,000 4G connections in Q1, or 40 per cent of the country’s LTE net additions during the quarter, giving it a 30 per cent 4G market share (according to GSMA Intelligence data). Market leader …

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Chunghwa cuts 4G prices to expand share

Taiwan’s largest mobile operator Chunghwa Telecom has cut its LTE tariffs for new subscribers by 13 per cent in an attempt to expand its leadership position in 4G. The operator, which has 11 million mobile connections for a 33 per cent …

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Far EasTone exchanges 2G spectrum for 4G

Taiwan’s Far EasTone Telecommunication has returned 17.5MHz of 2G spectrum in the 1.8GHz band and has been reassigned 8.7MHz of the same airwaves to offer 4G services. The country’s telecoms regulator accepted the operator’s application to return the 2G frequency …

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Operators interested in Taiwan Star’s majority stake – report

At least five local and foreign operators have expressed interest in taking the majority stake in Taiwan Star owned by food conglomerate Ting Hsin International. Ting Hsin, which is facing charges of distributing tainted cooking oil, has a 52 per …

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Taiwan Mobile aims to triple 4G users in 2015

Taiwan Mobile aims to boost its 4G connections from 1.1 million to three million by the end of the year. At the end of 2014, Taiwan Mobile and Chunghwa led with almost one million 4G connections each, followed by Far …

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Taiwan’s regulator rejects merger between APT and Ambit

Taiwan’s telecoms regulator has rejected a proposal to merge Asia Pacific Telecom (APT) and Ambit Microsystems because the firms failed to provide details on a strategic alliance with Taiwan Mobile. The rejection comes just a week after the country’s National …

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