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Home Market dynamics

Far EasTone is promoting a "Big. People. Things" transformation and development model, emphasizing that future 5G networks will not be reduced to low-price competition.

Author: Mash Yang
2019-03-25
in Market dynamics, Life, network
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Following the recent confirmation that Nagai Qi will take over as Far EasTone's general manager, Far EasTone recently announced the implementation of a new corporate operating policy for 2019. The company will implement a "Big. People. Things" development model that combines "Big Data," "People (Artificial Intelligence)," and "Things (Internet of Things)" for application development through the three key pillars of "Lean, Transform, and Regrowth." At the same time, the company will continue to expand its telecommunications service ecosystem through alliances and investments, thereby providing more diverse and innovative services, enabling Far EasTone to maintain its overall growth momentum.

Far EasTone is promoting a "Big. People. Things" transformation and development model, emphasizing that future 5G networks will not be reduced to low-price competition.
Far EasTone's new general manager, Jing Qi

Jing Qi said that although he has taken over the position of general manager of Far EasTone, he still continues to promote transformation and growth within Far EasTone. This time, he proposed a "Big. People. Things" development model that combines big data, artificial intelligence and the Internet of Things. It integrates its telecommunications services, connects to the commercial use of 5G network technology in the future, and connects with cloud services such as AWS and Microsoft to drive more growth momentum.

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In addition, Far EasTone plans to get closer to users and listen more carefully to their actual needs. It also plans to transform from a traditional telecommunications operator into a digital service provider, becoming the best assistant for consumers or enterprises in digital applications. It will provide more suitable telecommunications application services for the consumer market, and on the enterprise side, it also plans to connect with more innovative technology applications to expand greater growth opportunities through the "Big. People. Things" development model.

Promoting the development of innovative technologies and services

As for Jing Qi, Far EasTone actually began planning its "Big. People. Things" development model a long time ago. For example, it previously began to optimize the performance of online services through big data analysis. At the same time, it also used artificial intelligence through the Aijiang speaker and cooperated with Shin Kong Life Insurance to create an online customer service robot. It was also the first in Taiwan to complete NB-IoT network coverage and promote the NB-IoT Internet of Things ecosystem. In addition, it also co-published the country's first Internet of Things ecosystem manual with the Taiwan Cloud Internet of Things Industry Association to drive the popularity of Internet of Things applications in Taiwan.

In terms of innovative services, Far EasTone also partnered with Naver's LINE last year to launch LINE Mobile, a pure online one-stop telecommunications service. It is also preparing to cooperate with LINE Financial, a pure online bank. In addition, it has expanded its involvement in the application and development of blockchain technology by investing in TBCASoft and jointly establishing the CBSG International Telecommunications Blockchain Technology Alliance with partners.

Furthermore, since the establishment of Xutian Energy in 2018, Far EasTone has stated that it has continued to deepen its expertise in key green energy technologies, including developing specific green energy solutions such as solar system planning, smart grid construction, and smart energy platform management. Furthermore, by integrating its IoT applications and big data management capabilities, Far EasTone will assist government and corporate client partners in achieving their green energy goals.

With Taiwan poised to enter the 2020G commercial rollout phase as early as 5, Far EasTone stated that it is actively preparing and, drawing on the experience of leading international operators, plans to leverage 5G network technology to promote a "Big, People, Things" development model. Furthermore, Far EasTone explained that its 5G experimental network application plan took shape earlier this year, actively building a nationwide 5G connected vehicle industry ecosystem. The company plans to collaborate with central and local governments in promoting smart city initiatives to expand new applications in smart transportation and smart cities.

Compared with the transformation of other telecom operators, Jing Qi emphasized that Far EasTone is expected to create new development opportunities during the transformation process by combining its group resources and continuously expanding cooperation opportunities.

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Future 5G network charges will not be reduced to "low-price competition"

As for whether the current low-price competition in Taiwan's 4G network charges will also affect the future pricing of 5G network charges, Jing Qi believes that future network charges will still reflect service quality, including more integration of telecommunications and content services, and even the performance of network connection quality. Therefore, she does not believe that future telecommunications network charges will become a low-price competition.

At the same time, in order to make the tariff plans to be implemented in the future more competitive, Jing Qi also revealed that the formulation of future tariff plans will take more consideration into account the needs of consumers, and even allow users to decide on a more flexible tariff combination model.

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Tags: FareastoneJing QiBig.People.CharactersFar EasToneFar EasTone Telecom
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Mash Yang

Mash Yang

Founder and editor of mashdigi.com, and student of technology journalism.

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