APT eyes enterprise market for growthTURNAROUND? With more 5G applications coming on-line, APT aims to boost enterprise customers’ contribution to half of its revenue within the next three to five years, Huang said. “Enterprise customers deliver better margins and would help narrow our losses,” Huang said. The deal would give APT much-needed access to Far EasTone’s 3.5G 5G spectrum for 20 years. Hon Hai is expected to invest NT$10 billion and Far EasTone to invest NT$5 billion, APT said, with the remainder coming from its 5G supply chain, the company said.

Source: Taipei Times October 22, 2020 15:56 UTC