Taiwan Mobile : The National Communications Commission's (NCC) resolution to approve the Company's merger with T-Star with incidental provisions
January 17, 2023
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1.Date of occurrence of the event:2023/01/18
2.Company name:Taiwan Mobile Co., Ltd.(TWM)
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):head office
4.Reciprocal shareholding ratios:Not applicable
5.Cause of occurrence:
The NCC announced the approval of the Company's merger with T-Star with
incidental provisions today (January 18th, 2023). One of the incidental
provisions requires the Company to return 10MHz sub 1GHz spectrum without
any compensation by June 30th, 2024. The merger still requires regulatory
approval from the Fair Trade Commission (FTC), Taiwan Stock Exchange (TWSE).
6.Countermeasures:
The Board of Directors will assess whether to proceed with the merger
7.Any other matters that need to be specified (the information disclosure
also meets the requirements of Article 7, subparagraph 9 of the Securities
and Exchange Act Enforcement Rules, which brings forth a significant impact
on shareholders rights or the price of the securities on public companies.):
None
Taiwan Mobile Co. Ltd. published this content on 18 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 February 2023 08:59:08 UTC.
TAIWAN MOBILE CO., LTD. is a Taiwan-based telecommunication service provider. The Company mainly provides mobile phone communications services, fixed-line communications services and network and cable television services. The Company provides personal mobile communication services, including voice telephone communication services, specialty code services, data value-added services, voice value-added services, message value-added services, message services and others; household communications services, including cable television, digital cable television, broadband Internet access business and channel operation, as well as corporate communications services, including voice, data, Internet, mobile communications, system integration services and others. In addition, The Company is involved in the provision of Internet shopping, television shopping and catalog shopping services. The Company mainly conducts its businesses within Taiwan.