Taiwan market: Telecom carrier FET cuts 2009 capex

Irene Chen, Taipei; Adam Hwang, DIGITIMES Asia Thursday 12 March 2009 0

Far EasTone Telecommunications (FET), one of the three largest mobile telecom carriers in Taiwan, has set aside a capital expenditure (capex) budget of NT$9.1 billion (US$264 million) for 2009, decreasing by 12.5% from 2008, according to the company.

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