Far EasTone Telecommunications Co., Ltd.
Far EasTone Telecommunications (FET) is a leading company in Taiwan which provides telecommunications, ICT and digital application services. FET firmly adheres to the core values of Trustworthy, Agile, Innovative, and Collaborative. Since its inception in 1997, “Closing the Distance” has always been the brand spirit of FET, and the company continues to innovate and develop, in hopes to realize the vision “FET Connects and Enriches Life.”
FET has continued to introduce new products and services including 2G, 3G, 4G, and Wi-Fi. As the first telecom operator in Asia that launched 4.5G mobile internet service, offering triple bandwidth of 700/1800/2600 MHz, FET is actively paving the way to 5G technology, pushing forward for another new record in mobile internet speed. Along with mobile access service, FET also deploys various IoT applications so as to get ready for the roll-out of 5G.
In response to enterprise customer demands, FET has orchestrated a move that not only perfectly combines cloud, technology and industry practices, but also brings together technology vendors to integrate intelligent m-services, ICT and IOT services (including smart patrol, smart city solutions, electric power surveillance, and Internet of Vehicles, etc.), giving enterprise customers a competitive edge in customized services.
To enhance the synergy of international networks for 700 million worldwide users’ benefits, FET is also collaborating with international telecommunication syndicates and companies such as China Mobile, Conexus and Vodafone. Through the competitive advantage of an international alliance, FET provides deals and services with great values to users.
Aside from the provision of communications hardware, FET’s digital brand “friDay,” under which contains "friDay Video", "friDay Shopping", "friDay Reading", "friDay Music" and "friDay PLAY" services, offered individualized experiences and enriched services to be the preferred partner in the digital life. On top of that, FET enters the mobile payment market through ‘friDay Wallet’ and constructs the largest e-wallet community in Taiwan. Through the adaptations among Far Eastern Group’s retail business, and the system supports from Far Eastern Int'l Bank, the integration synergy will be able to cultivate customers’ payment habits, enlarge the participations of the eco-system, and create the benefits for both consumers and collaborated partners. FET is also the first telecom operator in Taiwan and Asia that introduces direct carrier billing services for Apple (iOS) and Android users, greatly simplifying the payment process and secure users’ credit information.
Following international best practice in CSR reporting, FET led the domestic trend to publish the first Integrated Report in Taiwan and accelerate the adoption of IR across this island. FET communicates a holistic story to build investors’ confidence on how FET uses full range of social, environmental, and economic factors to create value and achieve sustainable development. FET’s 4G sustainable driving forces “Go Prosperous”, “Go Innovative”, “Go Caring” and “Go Inclusive” guide FET’s continuing growth, which is also aligned with GSMA (Groupe Speciale Mobile Association)’s advocacy of mobile responsibility to “respect and protect” customers’ data security and service transparency. FET was selected as constituent stock in the DJSI (Dow Jones Sustainability Indices) Emerging Markets, which shows prominent recognition from global sustainable investment institutions.
Far EasTone has been listed on the Taiwan Stock Exchange (ticker code 4904) under Communication and Internet sector since August 2005.
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