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10.2020 Group Briefing

FET and Asia Pacific Telecom carry out common frequency and common network cooperation

Far EasTone telecommunication / Zhong Yizhen

        Far EasTone telecommunications and Asia Pacific Telecom announced on September 4 that in response to government policies, both sides will jointly promote the maximization of network and spectrum resources and safeguard the interests of consumers. Far EasTone telecommunications will cooperate with Asia Pacific Telecom in the 3.5G band (80MHz). Asia Pacific Telecom will share two ninths of the cost of the common frequency network of far EasTone telecommunication 3.5G band, and the spectrum cost will be NT $9.473 billion, so as to obtain the right to use two-thirds of the network capacity of far EasTone telecommunication 3.5G band in 20 years.

        In order to improve the utilization and efficiency of both sides' long-term resources and networks, and deepen the common frequency common network strategy cooperation with Asia Pacific Telecom on mobile communication, far EasTone telecommunication will increase the capital of Asia Pacific by 5 billion yuan after the two sides have approved the cooperation in common frequency and common network according to law. Both parties also agree that before June 30, 2022, far EasTone telecommunications will issue new shares to exchange part of their Asia Pacific Equity with Hon Hai Precision. After the transaction is completed, far EasTone telecommunications and Hon Hai Precision will hold 23.8% shares of Asia Pacific Telecom.

        "Since the NCC formulated the 5g common frequency and common network policy, far EasTone telecommunications has always been open-minded The 5g spectrum advantage is also enough to support the same industry Asia Pacific Telecom's common frequency common network, and still can maintain the user's personal 5g maximum high-quality bandwidth among the three major telecommunications; after sharing the same frequency with Asia Pacific Telecom's 5g common frequency network, through cost sharing, far EasTone telecommunication It will improve spectrum efficiency and reduce network cost. Instead, resources will be invested to develop more 5g services and better 5g network experience. Consumers will be the biggest winner. Far EasTone telecommunications cooperates with Asia Pacific Telecom on the principles of good faith, mutual benefit, win-win and compliance with the law. It is believed that this cooperation will become an important milestone in the history of Taiwan Telecom. "

        Looking back on the past, far EasTone telecommunication has been deploying ahead of time, investing and building hard in order to provide users with the best 5g experience. In addition, Far Eastern Group has been involved in various industries of food, clothing, housing, transportation, entertainment and entertainment. Far EasTone telecommunication 5g has launched the largest variety of applications in succession, and 5g has been on the stage for more than two months, and has been well received by consumers. In the future, far EasTone telecommunications will continue to listen to the voice of customers, develop more 5g services, and let consumers enjoy the 5g mobile life of far EasTone telecommunication anytime and anywhere through the high-quality 5g network of far EasTone telecommunication.

        
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