Trio form APTG

4 Aug 2004

Three Taiwanese telcos – fixed network operator Asia Pacific Broadband Telecom (formerly Eastern Broadband Telecoms), 3G cellco Asia Pacific Broadband Wireless Communications (APBW) and ISP Asia Pacific Online (APOL) – have announced the formation of the Asia Pacific Telecom Group (APTG). The grouping is expected to reduce the trio’s operating costs by 10% to 15% by sharing research and development resources and introducing a common marketing department. APTG is expected to generate TWD14.7 billion in revenues in 2004.