Fri, Jan 19, 2007 - Page 12 News List

Embattled telco plans board reshuffle

SHAKEUP Asia Pacific Broadband Telecom's board is holding a meeting today to replace its fugitive chairwoman and map out plans to improve corporate governance

By Lisa Wang  /  STAFF REPORTER

The report cited Shih as saying that the meeting would instead focus on how to perform financial auditing on the firm.

Despite the recent turmoil, Asia Pacific Broadband Telecom yesterday claimed that its subscriber numbers were still growing at a rate of 1,000 to 1,500 users per day.

And that's despite competition from Far EasTone Telecommun-ications Co (遠傳電信), the country's second-largest mobile operator, which is offering free voice calls or premium handsets to snare its subscribers, the company added. Additional reporting by Jimmy Chuang

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