iPhone 18 Pro series assists Far EasTone’s 5G penetration rate breaks 50% for the first time in September

Jing Qi, General Manager of FarEasTone. (Photo by reporter Wang Yihong)

[Reporter Wang Yihong/Taipei Report] Far EasTone Telecommunications (4904) benefits from iPhone 18 The new Pro series phones are selling well, driving users to upgrade to 5G, and personal digital life services have performed well. In September, consolidated revenue once again exceeded 10 billion, setting a record high for the same period, reaching 10.962 billion yuan, with an annual growth rate of 8.7%; after-tax net profit was 1.292 billion yuan, a record high for the same period in the past, with an annual growth rate of 8.2%, and EPS of 0.36 yuan. As of September this year, Far EasTone's consolidated revenue and after-tax net profit have grown at an annual rate of 11.0% and 13.2% respectively, reaching 86.230 billion yuan and 11.392 billion yuan, with a cumulative earnings per share (EPS) of 3.16 yuan.

It is said that the telecommunications industry has grown steadily, and the total number of users continued to expand in September. The 5G penetration rate of monthly rental users continues to lead the industry, and officially exceeded the 50% mark in September, reaching a golden intersection with the number of 4G users. As the purchase of new iPhones drives a wave of 5G upgrades, the average monthly contribution of monthly users (Average Revenue Per User, ARPU) has steadily increased, pushing mobile service revenue to 5.339 billion yuan, setting a record of positive growth for 67 consecutive months since March 2021.

Far EasTone said that enterprise smart information communications maintained good growth momentum, benefiting from the smooth delivery of cloud projects in September, and related business revenue continued to increase. In order to help enterprises accelerate digital transformation and AI application implementation, Far EasTone has become the first company in Taiwan to obtain GitHub AI development consultant qualifications, and will establish a "Far EasTone AI Development Consulting Team". Combining Far EasTone's practical experience in enterprise digital transformation, cloud services, information security, system integration and industrial applications, as well as GitHub's technical advantages in the field of global software development platforms and AI-assisted development, it will provide Taiwanese companies with complete "AI-driven development" consulting services to assist enterprises in their AI transformation. The personal digital life service business also continued to grow healthily.