Chunghwa Telecom Co (中華電信) and Far EasTone Telecommunications Co Ltd (FET, 遠傳電信) yesterday spent an additional NT$4.11 billion (US$135.2 million) combined to secure optimal 5G bandwidth, boosting the nation’s 5G auction total to NT$142.19 billion.
The auction price was the world’s third-highest after Germany and Italy, which raised 6.55 billion euros each through 5G bandwidth auctions.
In the second phase of the auction, telecoms bid to secure bandwidth on optimal zones in the 3.5 gigahertz (GHz) frequency band, after month-long negotiations over arrangements of frequency regions failed.
Chunghwa Telecom spent another NT$2.08 billion acquiring spectrum from 3.42GHz to 3.51GHz, the best zone in the 3.5GHz band, given extensive equipment supply and no second-harmonic frequency interference from existing 4G networks.
“Despite a higher-than-expected cost, our plan for 5G deployment remains unchanged. We aim to launch 5G service in July, based on which our customers will be able to watch the Tokyo Olympics in 4K and VR,” Chunghwa chairman Sheih Chi-mau (謝繼茂) said in a statement.
The nation’s biggest telecom has spent NT$48.37 billion to win bandwidth in the 5G auction, company data showed. In the previous round, Chunghwa Telecom secured 90 megahertz (MHz) of premium bandwidth in the 3.5GHz band.
FET spent an additional NT$2.03 billion on securing spectrum from 3.34GHz to 3.42GHz, both also considered good zones, the company said.
FET plans to launch 5G service in the third quarter.
Although it did not win frequency in the best area, the carrier said that it is confident that it can still offer faster Internet connections and better 5G services than its rivals, as it won 80MHz bandwidth in the 3.5GHz band.
FET has spent NT$43.04 billion in the two rounds of bidding, company data showed.
Taiwan Mobile Co (台灣大哥大) and Taiwan Star Telecom Co (台灣之星) yesterday did not spend anything vying for the optimal zones, gaining space in the spectrum of 3.51GHZ to 3.57GHZ and 3.3GHZ to 3.34GHZ respectively, the companies said.
Those zones are considered less ideal, as fewer manufacturers provide terminals and equipment for them and they might experience interference from satellites, a market observer said.
Taiwan Mobile said that its bandwidth would be enough to serve customers for the next decade, as it plans to launch 5G service in the third quarter, while Taiwan Star said that it would launch its new service as soon as possible.
Taiwan Mobile and Taiwan Star spent NT$30.65 billion and NT$19.7 billion respectively in the two phases respectively, companies data showed.
Taiwan’s rapidly aging population is fueling a sharp increase in homes occupied solely by elderly people, a trend that is reshaping the nation’s housing market and social fabric, real-estate brokers said yesterday. About 850,000 residences were occupied by elderly people in the first quarter, including 655,000 that housed only one resident, the Ministry of the Interior said. The figures have nearly doubled from a decade earlier, Great Home Realty Co (大家房屋) said, as people aged 65 and older now make up 20.8 percent of the population. “The so-called silver tsunami represents more than just a demographic shift — it could fundamentally redefine the
Businesses across the global semiconductor supply chain are bracing themselves for disruptions from an escalating trade war, after China imposed curbs on rare earth mineral exports and the US responded with additional tariffs and restrictions on software sales to the Asian nation. China’s restrictions, the most targeted move yet to limit supplies of rare earth materials, represent the first major attempt by Beijing to exercise long-arm jurisdiction over foreign companies to target the semiconductor industry, threatening to stall the chips powering the artificial intelligence (AI) boom. They prompted US President Donald Trump on Friday to announce that he would impose an additional
China Airlines Ltd (CAL, 中華航空) said it expects peak season effects in the fourth quarter to continue to boost demand for passenger flights and cargo services, after reporting its second-highest-ever September sales on Monday. The carrier said it posted NT$15.88 billion (US$517 million) in consolidated sales last month, trailing only September last year’s NT$16.01 billion. Last month, CAL generated NT$8.77 billion from its passenger flights and NT$5.37 billion from cargo services, it said. In the first nine months of this year, the carrier posted NT$154.93 billion in cumulative sales, up 2.62 percent from a year earlier, marking the second-highest level for the January-September
Asian e-commerce giant Shein’s (希音) decision to set up shop in a historic Parisian department store has ruffled feathers in the fashion capital. Anger has been boiling since Shein announced last week that it would open its first permanent physical store next month at BHV Marais, an iconic building that has stood across from Paris City Hall since 1856. The move prompted some French brands to announce they would leave BHV Marais, but the department store had already been losing tenants over late payments. Aime cosmetics line cofounder Mathilde Lacombe, whose brand was among those that decided to leave following