Far EasTone Telecommunications Co., Ltd., marketed as FET, is a telecommunications company based in Taiwan. It is the third largest behind Chunghwa Telecom and Taiwan Mobile.
History
Far EasTone was founded in October 1996 by the Far Eastern Group in a joint venture with AT&T. The company was awarded two wireless (GSM 900 and GSM 1800) service licenses in January 1997. The following year, Far EasTone launched its service and became the first company to introduce a fully integrated dual-band system.
Far EasTone was the first Taiwanese company to offer the Java 32K SIM Toolkit, mobile banking, mobile commerce, real-time access to financial, entertainment and headline news, mobile fax/mail, logo download and e-coupons. In March 1999, after fourteen months in business, Far EasTone achieved one million revenue-producing customers, faster than any other GSM operator.
The company was listed on the Taiwan OTC Stock Exchange in December 2001 under the ticker code 4904 and was officially listed on the Taiwan Stock Exchange in the electronic sector in August 2005.