Taiwan market: Vee TIME to procure 2,000 WiMAX base stations
Chloe Yu, Taipei; Adam Hwang, DIGITIMES [Wednesday 6 June 2012]
Vee TIME, a WiMAX operator in the southern half of Taiwan, will procure 2,000 base stations to expand its WiMAX network, as well as the networks of Tatung InfoComm and Vmax Telecom, two WiMAX operators in which Vee has acquired a majority stake, according to Vee.
Vee will select its supplier by the end of June 2012. As the National Communications Commission requires that each WiMAX operator complete infrastructure to cover 70% of population in its service area in a specified period, Vee plans to expand Tatung InfoComm's network to 70% coverage by the end of 2012 and for Vmax and itself in mid-2013 and the fourth quarter of 2013 respectively, the company said.
Vee will raise additional paid-in capital of NT$500 million-1 billion (US$16.7-33.3 million) in the second half of 2012, the company indicated.
Vee has cooperated with Taiwan High Speed Rail Corporation to establish a WiMAX network along the trans-Taiwan high-speed rail system to provide mobile Internet for train passengers, with the operation to begin in August 2012, Vee noted.