A new wave of industrial change has arrived with endless innovations and breakthroughs. To engage these new trends and improve digital convergence, Far EasTone consolidated its resources and entered the new era of broadband internet access. In response to international logistics and increasingly frequent cross-strait trade, Far EasTone restructured its landline segment – NCIC Sparq to consolidate landline and wireless services, offering a one-stop service that includes one-number, Cross-Strait, Internet of Things, cloud computing, and information security services, making are the major force behind revenue growth from corporate users.
Additionally, Far Eastern is also entering the vehicle electronic service market. Far Eastern Electronic Toll Collection Co., Ltd., owned and operated by the Group, offers electronic toll collection services on national freeways in early 2006. Until 2017, the eTag users have accumulated up to 7 million, the ETC usage rate has achieved 100%. , and the total vehicle count for this service has exceeded 1 billion, signaling a new phase for smart transportation in Taiwan. Now, the Taiwan’s ETC system becomes the exemplar of MLFF electronic tolling for other countries to reference.
With modern, broadband, high-speed, and optimal communications networks, the Far Eastern Group’s communications and Internet business will gradually realize the company’s vision of integrated services that includes mobile phones, landlines, Internet, media information services and vehicle electronic services. In the future, the Group will transcend simple communications technology convergence and seek to provide integrated communications services. Content that combines communications, information, entertainment and transaction will merge as one. As a result, the Group will continue to be an innovator, pioneer, and challenger in Taiwan’s telecom market.