According to Taiwan media, at the time of intense 5g spectrum competition, Taiwan operator Taiwan star announced a strategic investment of NT $3.42 billion, highlighting the company’s determination to fight the 5g market.
It is worth noting that the star of Taiwan was founded in the early 4G era. The first time it competed for spectrum, it met the bidding of 4G spectrum; 5g spectrum bidding, which exceeded the bidding of 4G, has reached NT $127 billion, bringing heavy financial pressure to this small operator.
Taiwan star introduced a $4 billion cash capital increase and a $5.1 billion joint credit facility last year. Through the issuance of private convertible bonds and private ordinary shares, the company obtained NT $3.42 billion.
At present, Taiwan’s 5g spectrum bidding has reached 240 rounds, with a total amount of more than NT $127 billion, and the price per unit (10MHz) of 3.5GHz band is NT $4663 million. If Taiwan star wants to take 40m spectrum, it has to pay NT $18.652 billion. This capital increase comes in time and can play a certain role in helping.