CONSOLIDATION?Due to fierce competition, the nation’s five telecoms operators offer flat rates for 4G services, even though the plans are inhibiting their profits

Taipei Times
Date: Jan 11, 2017
By: Lisa Wang / Staff reporter

Far EasTone Telecommunications Co (遠傳電信) yesterday said it aims to add 1 million 4G users to its customer base this year to stave of the threat of revenue stagnation amid intensifying market competition.

That would bring the nation’s No. 3 telecom operator’s total number of 4G subscribers to 5.5 million.

The company’s 4.5 million 4G users as of the end of last year made up 62 percent of its mobile service subscribers.

Far EastTone forecast the nation’s 4G penetration rate this year would climb to between 70 percent and 75 percent of mobile users from last year’s 60 percent.    [FULL  STORY]