Taiwan’s telecom sector reshaped after mergers, profitability up but revenue growth stalls
Taiwan’s telecommunications industry is navigating a “new three kingdoms era” two years after the December 2023 mergers between Taiwan Mobile (TWM) and Taiwan Star Telecom (T-Star), alongside Far EasTone Telecommunications (FET) merging with Asia Pacific Telecom (APT). The National Communications Commission (NCC) recently assessed the post-merger performance of these operators, revealing divergent strategic outcomes and financial trajectories.