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Taiwan Mobile Co., Ltd. — Capital/Financing Update 2014
Sep 12, 2014
52277_rns_2014-09-12_2a265bc6-c42d-4047-8c53-4a4464213d6f.pdf
Capital/Financing Update
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Press Release
September 25, 2014
With an aim to provide superior 4G services with faster-speed as well as increase 4G investment return, the board today (September 25) approved cooperation agreements with Ambit Microsystems Corporation (Ambit), which include TWM’s acquisition of 5MHz on the 700MHz frequency band from Ambit and the investment of a 14.9% stake in Ambit. The board also approved a subsidiary’s disposal of TWM shares as payment for the aforementioned expenditures.
Looking ahead, TWM will have the largest 4G spectrum of 35MHz, in particular the biggest continuous spectrum of 20MHz on the 700MHz band. Thus, TWM will be in the leading position to provide the fastest 4G service to the consumers and increase corporate value to our shareholders.
IR contact: Shirley Chu Rosie Yu Senior Director of Investor Relations Chief Financial Officer and Spokesperson Tel: 8862-6636-3159 Tel: 8862-6638-3909 E-mail: [email protected] E-mail: [email protected] 18Fl, No. 172-1, Sec.2, Ji-Lung Rd., Taipei 106, Taiwan, R.O.C.