China Mobile has terminated its sale purchase agreement with Taiwan's Far EasTone signed in 2009. China Mobile attributes the cancellation to the inability to have foreign investment in the Taiwanese basic telecom industry. According to the company's report, China Mobile and Far EasTone signed a stake purchase agreement in April 2009. China Mobile planned to […]
Ho Lands New Chief Marketing Officer Job At HTC
05 December 2012
Taiwanese smartphone maker HTC announced the appointment of Benjamin Ho as the new chief marketing officer of the company, reporting directly to chief executive officer Peter Chou. Ho will be mainly responsible for the company's global marketing and branding businesses, and will lead the company's brand marketing into its next stage. His first mission is […]
China Mobile Sets Up Subsidiary In Taiwan
14 May 2010
Chinese telecom operator China Mobile has announced that its establishment of a subsidiary in Taiwan, Zong Co., has been approved and it plans to use the subsidiary to invest in the Taiwanese telecom operator, Far Eastone Telecommunications.
China Mobile reportedly applied for the establishment of this wholly-owned subsidiary in Taiwan via a special purpose company in […]
China Unicom, Taiwan Mobile Cooperate For Roaming Fee Elimination
11 May 2010
According to reports in Taiwanese local media, China Unicom and Taiwan Mobile have jointly launched a roaming preferential policy to free travelers between the mainland and Taiwan from high roaming fees.
With the policy, Taiwanese mobile phone users who travel to the Chinese mainland cities only need to pay the mobile communications fee at the local […]
China Mobile, Far Eastone Team For TD-LTE Wireless Trials
08 April 2010
China Mobile and Taiwanese Far Eastone Telecommunications have reportedly signed a cooperation memorandum to jointly construct a TD-LTE trial network and promote the development of TD-LTE technologies.
According to reports in Taiwanese local media, executives from Far Eastone stated that the company will provide the telecom operating platform, equipment, and services to become a bridge between […]
Taiwan Far Eastone Telecommunications, China Mobile Reach Cooperation For Four Services
30 November 2009
According to reports in Taiwanese local media, Taiwan-based Far Eastone Telecommunications has inked a cooperation […]
China Mobile, Far Eastone May Set Up JV In Mainland China
19 June 2009
Chinese mainland telecommunications operator China Mobile and the Taiwanese telecom company Far Eastone Telecommunications may jointly set up a joint venture in mainland China to sell mobile application products.
According to Douglas Hsu, chairman of FET, the company plans to use China Mobile's investment to set up the joint venture, but the two parties may also […]
China Mobile Plans Listing In Shanghai Via CDR
21 May 2009
According to Wang Jianzhou, chairman of China Mobile, the company plans to get back from the Hong Kong share market and seek a listing in Shanghai.
Wang said if the policy allows, China Mobile prefers to issue China Depositary Receipts instead of A-shares, because the listing procedures of CDRs are simpler. In addition, issuing CDRs will […]
China Mobile To Acquire 12% Stake In Far Eastone Telecommunications
30 April 2009
Chinese telecommunications operator China Mobile has announced that the company has invested NTD17.77 billion, which is about CNY3.6 billion, in acquiring a 12% stake in the Taiwan-based telecommunications company Far Eastone Telecommunications.
China Mobile said it will purchase 444 million shares of Far Eastone Telecommunications at the price of NTD40 per share through its wholly-owned subsidiary […]
China Mobile Eyes Roaming Service In Taiwan
16 March 2009
Chairman of China Mobile Wang Jianzhou says that the company is negotiating with three major Taiwanese telecommunications operators to launch a roaming service.
Wang told local media that China Mobile is currently discussing with Chunghwa Telecom, Taiwan Mobile, and Far Eastone Telecommunications on future cooperative agreements. He said while attending the current CPPCC meeting last week […]