Far EasTone Telecommunications held its 2026 third-quarter investor conference. Benefiting from continued 5G migration and upgrades, strong digital lifestyle services, robust handset sales, and steady delivery of enterprise smart ICT projects, key third-quarter financial indicators all beat forecasts, with total revenue and EBITDA both hitting record highs for the same period and net income hitting a 21-year high for the period.
Q3 Profit Hits High, First Three Quarters Beat Forecasts
Third-quarter consolidated total revenue was NT$29.76 billion, up 12.8% year-on-year, marking 24 consecutive quarters of positive growth; EBITDA reached NT$10.09 billion, up 7.4% year-on-year; net income was NT$3.67 billion, up 6.6% year-on-year; EPS was NT$1.02, with a forecast achievement rate of 105%. Cumulative consolidated total revenue for the first three quarters was NT$86.23 billion, up 11% year-on-year, with net income of NT$11.39 billion and EPS of NT$3.16, up 13.2% year-on-year. First-three-quarter achievement rates for net income and EPS both reached 110%, and operating income reached 108%, putting full-year forecasts within reach.
5G Penetration Tops 50%, Mobile Service Revenue Hits New High
In mobile services, third-quarter postpaid 5G penetration exceeded 50%, achieving a 4G-5G subscriber crossover in September. Average monthly contribution per postpaid user remained No. 1 in the industry, and churn hit another record low, driving mobile service revenue to NT$15.98 billion, a record high, up 3% year-on-year. For segmented plans, new subscriptions for "Elegant Living" grew 85% quarter-on-quarter, while September new subscriptions for "Youth Together" grew 44% month-on-month. For digital lifestyle services, digital entertainment revenue grew 26% year-on-year in the first three quarters, fraud-prevention service revenue grew 48%, insurance agency service revenue grew 12%, friDay Video users grew 14% year-on-year, the incoming-call risk alert service covered 8 million users with over 4 million alerts issued in its first month online, and Heart Life APP shopping referrals exceeded 10 million, up 34% year-on-year.
Strong Enterprise Project Momentum, Aiming for Full-Year High in Q4
Enterprise smart ICT project delivery revenue grew 21% year-on-year in the first three quarters, with new contract value up 71%, including cloud service revenue up 37% year-on-year and smart city and IoT revenue up 41% year-on-year. Its smart healthcare footprint expanded, with telemedicine holding nearly 40% market share among medical centers and cloud-based healthcare information systems adopted by more than 200 clinics. Looking to the fourth quarter, the company will accelerate digital lifestyle service growth, expand its digital ecosystem, drive on-schedule delivery of smart ICT projects, and scale up AI project deliveries to boost full-year operating performance toward a new operating high in 2026.