Taiwan's communications regulator, the National Communications Commission, approved two separate mergers of the country's major telecom operators on Wednesday.
Following the decisions, Taiwan Mobile will merge with Taiwan Star Telecom, while Far EasTone will be able to merge with Asia Pacific Telecom.
But the two new enterprises arising from the mergers will each exceed legally mandated bandwidth limits. That's why regulators have given the companies until the end of June 2024 to correct the problem through returning, exchanging, or trading the extra bandwidth.
The approval process has taken almost a year, with applications being submitted in February and March last year. The decisions still have to obtain approval from Taiwan's Fair Trade Commission.