Reported 8 months ago
During the Taiwan Mobile and Far EasTone shareholders' meeting on June 21, 2024, Lin Zhi Chen, the President of Taiwan Mobile, sparked a debate with a statement suggesting the Taiwanese telecom industry would move towards a '2 Big 1 Medium' structure. Far EasTone Chairman Hsu Hsueh-Tung vowed to 'do the best regardless of size,' while Tsai Ming-Chung, the Chairman of Taiwan Mobile, emphasized that the focus should be on dividends, aiming to earn more and distribute more to shareholders. The meeting marked their first since the merger of Taiwan Star and Asia Pacific Telecom at the end of last year, showcasing different strategies and strengths among the telecom giants for the future market landscape.
Source: YAHOO