Taiwan Approves More LTE Licenses
Taiwan’s telecoms regulator has approved the allocation of a LTE license to a new entrant, Taiwan Star Cellular Group, which now plans to launch its network in the 3rd quarter of this year.
In order to speed up its growth, it has applied to buy the incumbent, Vibo Telecom, although that transaction is still waiting for regulatory approval. A share swap between the two companies is still scheduled to take place later this week though.
Applications for LTE licenses by Ambit Microsystems, a subsidiary of Hon Hai Precision Industry, and by Asia Pacific Telecom are still pending final clearance.