Taiwan market: Vibo Telecom expects to attain 2009 goal of 3G subscriptions in November

Vibo Telecom, a 3G mobile telecom carrier in Taiwan, will be able to reach the 2009 goal of 1.5 million subscribers ahead of schedule in November, according to company president Feng-hsiung Chang.

With business steadily improving, Vibo expects its monthly operations to break even in terms of EBITDA (earnings before interest, tax, depreciation, amortization) in December 2009 and in terms of net profit in mid-2010, Chang said.