Far EasTone Telecommunications Co Ltd (遠傳電信) yesterday said that it aims to expand its 5G coverage to potentially cover up to 50 percent of the nation’s population by the end of this year, after its service debuts early next month.
The company plans to launch its 5G service “within days” of when the nation’s biggest telecom operator, Chunghwa Telecom Co (中華電信), introduces its service next month.
“The coverage ratio is more important than the base station count,” Far EasTone chairman Douglas Hsu (徐旭東) told reporters on the sidelines of the company’s annual shareholders’ meeting in Taipei.
Photo courtesy of Far EasTone Telecommunications Co
“We aim to boost population coverage,” Hsu said. “We want half of Taiwan’s population to have access to [Far EasTone’s 5G network] by the end of this year.”
Hsu made the remarks after Taiwan Mobile Co (台灣大哥大) announced its plans to deploy 4,000 5G base stations by the end of this year, up from a planned 2,000 units.
Taiwan Mobile lagged slightly behind Chunghwa Telecom and Far EasTone in obtaining 5G licenses and beginning infrastructure construction.
Far EasTone plans to install more than 3,000 5G base stations before Dec. 31, company president Chee Ching (井琪) told reporters yesterday, adding that the base stations would first be installed in the nation’s six special municipalities, other populous areas and business areas.
Far EasTone on Wednesday signed an agreement with Ericsson AB to purchase about NT$9.9 billion (US$333.78 million) in telecommunications equipment, a company filing with the Taiwan Stock Exchange said.
The telecom plans to offer different tiers of 5G service, including for as low as NT$1,000 per month, to cater to subscribers’ needs, Ching said.
There will be affordable tariffs, she said, adding that one option for subscribers would be NT$1,399 per month, the cap set by the National Communications Commission.
Far EasTone also aims to become the nation’s biggest supplier of private networks, Ching said.
The company received its first order to build a private 5G network for an enterprise customer, she said, adding that it has 40 more potential customers.
Unlike 4G networks, which are public, 5G networks can be sliced into spectrums to be used by various app-driven industries, said Philip Tseng (曾詩淵), vice president of Far EasTone’s enterprise and carrier business unit.
Far EasTone aims to increase its revenue contribution from enterprise customers to 25 percent this year, from 22 percent in the first quarter.
Far EasTone in January secured 80 megahertz (MHz) in the 3.5 gigahertz (GHz) band of the 5G spectrum and 400MHz in the 28GHz band at a combined cost of NT$43.04 billion.
Company shareholders approved a proposal to pay a cash dividend of NT$3.25 per share, which represents a payout ratio of 121 percent.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said that its investment plan in Arizona is going according to schedule, following a local media report claiming that the company is planning to break ground on its third wafer fab in the US in June. In a statement, TSMC said it does not comment on market speculation, but that its investments in Arizona are proceeding well. TSMC is investing more than US$65 billion in Arizona to build three advanced wafer fabs. The first one has started production using the 4-nanometer (nm) process, while the second one would start mass production using the
‘SILVER LINING’: Although the news caused TSMC to fall on the local market, an analyst said that as tariffs are not set to go into effect until April, there is still time for negotiations US President Donald Trump on Tuesday said that he would likely impose tariffs on semiconductor, automobile and pharmaceutical imports of about 25 percent, with an announcement coming as soon as April 2 in a move that would represent a dramatic widening of the US leader’s trade war. “I probably will tell you that on April 2, but it’ll be in the neighborhood of 25 percent,” Trump told reporters at his Mar-a-Lago club when asked about his plan for auto tariffs. Asked about similar levies on pharmaceutical drugs and semiconductors, the president said that “it’ll be 25 percent and higher, and it’ll
When an apartment comes up for rent in Germany’s big cities, hundreds of prospective tenants often queue down the street to view it, but the acute shortage of affordable housing is getting scant attention ahead of today’s snap general election. “Housing is one of the main problems for people, but nobody talks about it, nobody takes it seriously,” said Andreas Ibel, president of Build Europe, an association representing housing developers. Migration and the sluggish economy top the list of voters’ concerns, but analysts say housing policy fails to break through as returns on investment take time to register, making the
CHIP BOOM: Revenue for the semiconductor industry is set to reach US$1 trillion by 2032, opening up opportunities for the chip pacakging and testing company, it said ASE Technology Holding Co (日月光投控), the world’s largest provider of outsourced semiconductor assembly and test (OSAT) services, yesterday launched a new advanced manufacturing facility in Penang, Malaysia, aiming to meet growing demand for emerging technologies such as generative artificial intelligence (AI) applications. The US$300 million facility is a critical step in expanding ASE’s global footprint, offering an alternative for customers from the US, Europe, Japan, South Korea and China to assemble and test chips outside of Taiwan amid efforts to diversify supply chains. The plant, the company’s fifth in Malaysia, is part of a strategic expansion plan that would more than triple
RSS