In reporting its financial results for the three months ended 31 March 2012, Taiwan’s Far EasTone has claimed that it saw greater growth in both mobile service revenues and turnover from mobile data services than either of its rivals, Chunghwa Telecom and Taiwan Mobile Company. Far EasTone said that it recorded a 9.7% year-on-year increase in revenues from mobile voice services in the first three months of 2012, while mobile data turnover was up 48.1% against 1Q 2011, with consolidated revenues for the three-month period standing at TWD21.29 billion (USD715 million), a 20.5% rise from TWD17.65 billion a year earlier. The bulk of that – TWD16.84 billion – was service revenue, of which mobile services accounted for TWD14.75 billion (up from TWD13.44 billion in 1Q11), while fixed line service turnover was TWD2.89 billion, representing a 17.6% y-o-y increase
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OVETEL Far EasTone claims greater mobile revenue growth than rivals in 1Q12
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