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far eastone telecomm co ltd (FEOTF) Details

Far EasTone Telecommunications Co., Ltd. provides wireless communications, leased circuit, Internet, and international simple resale (ISR) services in the People’s Republic of China. The company operates through Mobile Services, Fixed-line Services, and Sales segments. It offers mobile telecommunications services; fixed-line services, including international direct dial, local network, long-distance network, and broadband access services; and sells cellular phones, computers, office equipment, and accessories. The company also offers call center services; electronic information services; computer software, data processing, and network information services; and security and monitoring service via Internet. In addition, it is engaged in the design and research of computer systems; and sale of communications products. The company was founded in 1997 and is headquartered in Taipei, Taiwan. Far EasTone Telecommunications Co., Ltd. is a subsidiary of Far Eastern New Century Corporation.

Founded in 1997

far eastone telecomm co ltd (FEOTF) Top Compensated Officers

Total Annual Compensation: 3.2M
Total Annual Compensation: 2.0M
Compensation as of Fiscal Year 2013.

far eastone telecomm co ltd (FEOTF) Key Developments

Far Eastone Telecommunications Announces Unaudited Consolidated Earnings Results for the Month and Year to Date Ended July 2014

Far Eastone Telecommunications announced unaudited consolidated earnings results for the month and year to date ended July 2014. For the month, total revenue reached TWD 7.67 billion, up from TWD 7.37 billion in June. EBITDA and net income amounted to TWD 2.24 billion and TWD 988 million, in July, compared to TWD 2.41 billion and TWD 1.14 billion, respectively, in June. EPS stood at TWD 0.3. For the six months, total revenue totaled TWD 52.56 billion. EBITDA and net income were TWD 16.01 billion and TWD 7.56 billion. EPS reached TWD 2.32.

Morgan Stanley And Far EasTone Reportedly Planning To Acquire China Network

Morgan Stanley (NYSE:MS) and Far EasTone Telecommunication Co., Ltd. (TSEC:4904) reportedly plan to acquire the stake in China Network Systems Co., Ltd. from MBK Partners. Citigroup is reportedly acting as financial advisor on the transaction.

Far EasTone Telecommunications Co., Ltd. Announces Management Changes

Far EasTone Telecommunications Co., Ltd. announced the appointment of T.Y. Yin as President and also announced the resignation of Yvonne Li as President of the company.


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