LEVERAGING STRENGTHS: The telecom would use its connections to AppWorks, Kbro and Momo.com to reach an ‘eye-popping’ market value of US$100bn in 10 to 15 years

Taipei Times
Date: Apr 03, 2019
By: Lisa Wang  /  Staff reporter

Taiwan Mobile Co (台灣大哥大) yesterday said it is to create a huge 5G ecosystem by leveraging the company’s strengths and collaborating with AppWorks Venture (之初創投) to incubate more technology start-ups, a move that is to play a crucial part in boosting the telecom’s market capital to US$100 billion in the next decade.

The company’s new president, Jamie Lin (林之晨), cofounder of start-up accelerator AppWorks, proposed the plan.

Lin was handpicked by Taiwan Mobile chairman Daniel Tsai (蔡明忠) and took the position on Monday.

Taiwan Mobile is the telecom arm of Fubon Financial Holding Co (富邦金控), which is owned by the Tsai family.    [FULL  STORY]