Regulations for Administration of Wireless Broadband Access Business Article 4

Services shall not begin before permission is granted and the charter is issued by the NCC.The beginning date and the final date of accepting operation applications shall be announced by the NCC.The minimum paid-in capital of a service provider that operates the Services shall be NT$ one billion (NT$ 1,000,000,000).If the applicant applying for the operation of the Services (hereinafter referred to as the “applicant”) is also operating other telecommunication services of which minimum paid-in capital is mandatory, the amount of minimum required paid-in capital for the applicant may be the summation of all minimum paid-in capitals mandatory for other telecommunication services being operated by the same applicant after establishment approval is granted.Newly added capital of the applicant shall go public by issuing shares within three months after a business registration or a registration of changes for issuing new shares.An applicant shall apply to the security authority for issuing shares to the public, provided the capital exceeds the amount defined by the competent authority.