Chunghwa Telecom Co (中華電信) yesterday became the nation’s first telecom to debut its 5G services, offering tiered tariffs that include a threshold of NT$599 and flat rates, as it aims to switch half of its subscribers to the 5G network within three years.
Subscribers would have unlimited data transmission for monthly fees starting at NT$1,399 — the same flat rate as when the company launched its 4G service in 2014 — and they can subscribe to the highest-rate plan for NT$2,699 per month for faster data transmission speeds and larger bandwidth, the company said.
Data transmission speeds would be within the range of 500 megabytes per second to 1.5 gigabytes per second, the company said.
Photo: CNA
Hotspot sharing volume would be limited to 50 gigabytes, it said.
“To some extent, a flat rate is a requirement in Taiwan’s market. However, the tariffs are very, very low, compared with those offered in South Korea or Japan,” Chunghwa Telecom chairman Sheih Chi-mau (謝繼茂) told reporters on the sidelines of the launch event.
South Korea’s KT Corp charges fees equivalent to at least NT$2,040 per month and SK Telecom Co offers a monthly rate of NT$2,400 for unlimited data transmission, according to information provided by Chunghwa Telecom.
Photo: Lisa Wang, Taipei Times
The company expects half of its 10.5 million mobile subscribers to switch to the 5G network within three years, Sheih said.
The company expects to reach 1 million 5G subscribers in the first year of commercial launch, he said.
However, the company said 5G would not be a panacea for a persistent decline in telecom revenue.
Photo: Lisa Wang, Taipei Times
“It will be good enough to see a flat 5G telecom revenue,” Sheih said, responding to a reporter’s question about whether 5G would provide an opportunity for the company to reverse a revenue downtrend.
Chunghwa Telecom plans to double the number of its 5G base stations to 4,000 by the end of this year, compared with 2,000 now, he said.
The number would climb to more than 10,000 by 2022, he added.
The company plans to invest NT$27 billion (US$910.32 million) on its network infrastructure.
Separately yesterday, Taiwan Mobile Co (台灣大哥大) said that it would launch 5G services today.
It also aims to boost the 5G penetration rate among its subscribers to 50 percent within three years, company president Jamie Lin (林之晨) told reporters at a news conference in Taipei.
During the period, Taiwan Mobile is targeting expanding its 5G network by deploying more than 10,000 base stations to cover 90 percent of the nation’s population, Lin said.
With new 5G services on offer, such as instant playback for sports and virtual reality video streaming, the company expects non-telecom services to contribute NT$100 billion to its revenue over the period.
Taiwan Mobile also plans to offer tailor-made 5G rate plans for mobile game players later this year, Lin said.
Taiwan Mobile’s rate plans are similar to those of Chunghwa Telecom, with additional free high-speed broadband connection.
Far EasTone Telecommunications Co (遠傳電信) is to launch its 5G services on Friday.
DAMAGE REPORT: Global central banks are assessing war-driven inflation risks as the law of unintended consequences careens around the world, spiking oil prices Central banks from Washington to London and from Jakarta to Taipei are about to make their first assessments of economic damage after more than two weeks of conflict between the US and Iran. Decisions this week encompassing every member of the G7 and eight of the world’s 10 most-traded currency jurisdictions are likely to confirm to investors that the specter of a new inflation shock is already worrying enough to prompt heightened caution. The US Federal Reserve is widely expected to do exactly what everyone anticipated weeks ahead of its March 17-18 policy gathering: hold rates steady. The narrative surrounding that
PRICE HIKES: The war in the Middle East would not significantly disrupt supply in the short term, but semiconductor companies are facing price surges for materials Taiwan’s semiconductor companies are not facing imminent supply disruptions of essential chemicals or raw materials due to the war in the Middle East, but surges in material costs loom large, industry association SEMI Taiwan said yesterday. The association’s comments came amid growing concerns that supplies of helium and other key raw materials used in semiconductor production could become a choke point after Qatar shut down its liquefied natural gas (LNG) production and helium output earlier this month due to the conflict. Qatar is the second-largest LNG supplier in the world and accounts for about 33 percent of global helium output. Helium is
About 1,000 participants, including more than 200 venture capitalists, joined the Taiwan Demo Day in Silicon Valley on Saturday, the largest iteration to date of the event held ahead of Nvidia Corp’s annual GPU Technology Conference which runs from today to Thursday. Taiwan Demo Day, co-organized by the Taiwan Next Foundation and the Startup Island Taiwan Silicon Valley Hub, took place at the Computer History Museum in California, showcasing 12 teams focused on physical artificial intelligence (AI) and agentic AI technologies. Katie Hsieh (謝凱婷), founder of the Taiwan Next Foundation, said the event highlighted the strength of the Taiwan-US start-up ecosystem, with
DOMESTIC COMPONENT: Huang identified several Taiwanese partners to be a key part of Nvidia’s Vera Rubin supply chain, including Asustek, Hon Hai and Wistron Nvidia Corp chief executive officer Jensen Huang (黃仁勳), addressing crowds at the company’s biggest annual event, unveiled a variety of new products while predicting that its flagship artificial intelligence (AI) processors would help generate US$1 trillion in sales through next year. During a two-and-a-half-hour keynote address, Huang announced plans to push deeper into central processing units (CPUs) — Intel Corp’s home turf — and introduced semiconductors made with technology acquired from start-up Groq Inc. The company even said it was developing chips for data centers in outer space. At the heart of Huang’s speech was the message that demand for computing power