WiMAX Development in Asia June 20-26
June 26, 2011
Taiwan's Vibo Telecom is considering the sale of
its stake in Vmax Telecom, a local WiMAX carrier, according to a Taipei Times
report on June 22, 2011. Vibo owns a 34% stake in Vmax, while Intel and Taiwan's
Tecom share the remaining shares. It is reported that Vibo is currently in
talks with two potential buyers, including a telecom operator, over the sale.
Earlier this month, another Taiwanese WiMAX carrier Far EasTone Telecommunications
showed interest in taking over Vibo's stake in Vmax. UQ Communications, a
Japanese WiMAX carrier, also expressed similar interest. It is expected that
with the sale of its stake in WiMAX operations, Vibo will turn its focus back to
3G business.