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Taiwan’s FET expects 5G to reach 40% of its mobile base this year

Taiwanese operator Far EasTone Telecommunications expects its 5G subscriber penetration rate to reach 40% by the end of this year from more than 30% last year, local newspaper Taipei Times reported.

The carrier’s president, Chee Ching, said that it would be reasonable to see an increase of 10 percentage points this year in the penetration rate of 5G subscribers.

Ching added that the growth in 5G subscriptions will represent one of the company’s key drivers of growth during 2023.

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