However, analysts said it is too early to conclude who will lead in the 4G race, because the tariffs for 4G services have not been set.
In particular, the two new entrants from Hon Hai Group and Ting Hsin Group are likely to compete with existing players on price, given that there are neither established networks nor brand awareness in the market, they added.
“Should these [new] operators struggle to roll out services, then the impact on the big three should be limited. However, the new entrants are better funded than the WiMAX licensees, and could look to partner with existing operators to bring services to market sooner,” Neale Anderson, a Hong Kong-based analyst at HSBC’s global research division, said in a separate note.
Chunghwa shares rose 0.21 percent yesterday to NT$94.6, while those of Far EasTone were up 4.81 percent at NT$67.5. Taiwan Mobile’s shares climbed 1.52 percent to NT$100.5 and Asia Pacific Telecom advanced 3.17 percent to NT$17.9.