Thu, Feb 20, 2014 - Page 14 News List

Far EasTone’s earnings to decline on 4G rollout

‘WEAKER THAN EXPECTED’:The telecom is hoping tiered pricing for 4G services will benefit it, but this year the costs mean it is forecasting a 7.2% drop in net profit

By Kevin Chen  /  Staff reporter

Shares in Far EasTone closed 1.84 percent higher yesterday, but they have declined by 4.39 percent over the past three months due to 4G uncertainty, compared with the increase of 3.84 percent on the TAIEX over the same period, according to Taiwan Stock Exchange data.

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