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FET to cooperate with Ericsson to set up 5G lab in Taiwan

    Mobile telecom carrier Far EasToneTelecommunications (FET) has signed a memorandum of understanding (MoU) with Ericsson to set up the first 5G laboratory in Taiwan.

The laboratory, which is to locate at T-Park, a telecom park in Banciao District in new Taipei City, is expected to commence its official operations in the third quarter of 2016, FET said.

While Ericsson will provide advanced 5G technology and telecom equipment to the laboratory, FET will focus its application development efforts on smart traffic, multimedia platforms and smart energy development/conservation, said company president Yvonne Li.

After launching 5G services, FET and other telecom operators in Taiwan are expected to see their revenue share of their voice/data connectivity businesses to gradually decline to 50% from the current 80%, while application services will account for 30% and multimedia platform services 20%, Li estimated.

    FET aslo plans to recruit 2,000 new employees in 2016 as it aims to further develop its application and platform services, Li added.