Reported 10 months ago
During Far EasTone's shareholders' meeting, Chairman Xu emphasized the company's commitment to excel in the ever-competitive telecom market by leveraging AI, focusing on consumer benefits. CEO Jing highlighted the company's milestone of reaching a market value of 300 billion and maintaining a robust dividend policy. Through the synergy of AI and Asia Pacific Telecom, Far EasTone aims to surpass traditional telecom boundaries in the next three years. Initiatives such as smart cities, telecom system integration, smart healthcare, and digital transformation are at the forefront, with a focus on utilizing generative AI to drive further growth in strategic businesses like 'Big Data, AI, IoT.' Far EasTone has successfully implemented AI in its services, notably in AI smart meters for power consumption. Additionally, their subsidiary, Broadband, shows promising growth prospects, positioning Far EasTone well in international markets with innovative solutions such as 5G telemedicine and ESG endeavors.
Source: YAHOO