Taiwan market: Vee TIME to offer WiMAX services on high-speed trains
Chloe Yu, Taipei; Adam Hwang, DIGITIMES [Thursday 1 September 2011]
Vee TIME, one of the six WiMAX operators in Taiwan, will set up about 100 base stations along the 360km high-speed railway in Taiwan to provide WiMAX Internet-access multimedia services on high-speed trains, according to the company chairman Richard Lai.
The network of WiMAX base stations will cost an estimated NT$500 million (US$17.2 million) to establish, which will be funded via a government subsidy of NT$84 million and the remaining investment by Vee TIME, Lai indicated. Setup along the southern half section of the railway will be completed by the end of 2011 while the northern half will be finished by the end of 2012, Lai said.
In addition, Vee TIME plans to compete to set up WiMAX base stations along the 51.03km mass rapid transit railway between Taoyuan International Airport and downtown Taipei, with investment estimated at NT$300-400 million, Lai pointed out.
Vee TIME plans to add 750 WiMAX base stations throughout its service areas beginning 2012 and therefore plans to expand its capital by at least NT$1 billion, Lai noted.