Far EasTone ups 4G subscriber forecast again as sign-ups top 400,000

30 Sep 2014

Taiwan’s Far EasTone Telecommunications (FET) has reportedly claimed a 40% of the nation’s nascent 4G market, having revealed that it now signed up some 400,000 to such services. According to the Taipei Times, the announcement comes just a week after the telco had raised its forecast for LTE uptake by at least 20% for this year, with strong demand for the new iPhone said to have helped boost customer interest.

With 3.5% of the operator’s total wireless subscriber base now taking an LTE-based service, just three months after it inaugurated services over its 4G network, FET president Yvonne Li was cited as saying that customer response to the new tariffs had exceeded expectations. Indeed, the executive even went as far as saying that the forecast for sign-ups could be revised upwards once more, from the 600,000 4G subscribers it is now expecting to have on its books by the end of the year, which is itself up from a previous 400,000 target.

Separately, FET has revealed it is collaborating with Hon Hai Precision Industry Co – which operates in the Taiwanese wireless sector via its Ambit Microsystems unit – on offering over-the-top (OTT) content service via its LTE network. As per the partnership FET will reportedly continue to invest in sourcing digital content, while Hon Hai will act as the major supplier of set-top boxes for FET.

Taiwan, Far EasTone (FET) (incl. NCIC)