Taiwanese cellco Far EasTone (FET) has registered a 19.2% increase in net profits for the year ended 31 December 2012, booking income of TWD10.63 billion (USD357.9 million). Annual revenues rose 14.5% to TWD86.75 billion, offsetting a TWD2.7 billion increase in operating expenses to TWD21.51 billion. Earnings before interest, tax, depreciation and amortisation (EBITDA) for the year were TWD24.36 billion with an EBITDA margin of 28.1%. FET ended the year with 6.945 million wireless subscribers – compared to 6.618 million a year earlier – of which 1.553 million were pre-paid users, 497,000 were on post-paid 2G plans and 4.895 million were on 3G contracts.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors