We are licensed to provide mobile services in Taiwan.  Third Generation Mobile Services.  The Ministry of Transportation and Communications promulgated the Third  Generation Mobile Telecommunications Services Regulations on October 15, 2001. The National Communications  Commission amended the above regulations on July 5, 2007, designating itself as the authority in charge of the third  generation, or 3G, mobile services regulations and further amended such regulations on December 30, 2008 for the  establishment of base stations. The regulations govern voice and non-voice telecommunications services provided  using the spectrum assigned by the Ministry of Transportation and Communications, and now governed by the National  Communications Commission, that utilizes the IMT-2000 technical standards as announced by the International  Telecommunications Union. Licenses for 3G mobile services were granted by the Ministry of Transportation and  Communications and are now granted by the National Communications Commission. We have received our 3G mobile  services license, which is valid from May 26, 2005 to December 31, 2018.  Under the  Third Generation Mobile Telecommunications Services Regulations , a company holding a 3G mobile  license and having 200 or more shareholders is required to become a public company, which is subject to the stringent  disclosure requirements under the securities regulations of the R.O.C. A company holding a 3G mobile license is also  required to submit a report to the National Communications Commission within 20 days after its shareholders approves  the capital reduction of such company, the entering into, modification or termination of any contracts regarding leasing of  all business, outsourcing of operations or joint operations, the transfer of the whole or substantial part of business or assets  of such company, taking over of the whole of the business or assets of any other company which would have significant  impact on such company’s operations. The National Communications Commission revised the  Third Generation Mobile  Telecommunications Services Regulations  on January 20, 2010 to add additional regulations regarding audio-visual content  and provision, including requiring service providers who set up a platform for audio-visual content providers to sell content,  duly notify customers the costs and charges of using these audio-visual content and limit access of inappropriate content  to minors. The National Communications Commission further amended the Third Generation Mobile Telecommunications  Service Regulations on December 28, 2010 to remove the clauses in relation to base station which have been regulated by the  new enacted Regulations Governing Base Stations for Wireless Services.  Satellite Services . Under the Telecommunications Act, the Satellite Regulations promulgated by the Ministry of  Transportation and Communications govern the issuance of satellite services licenses and the business scope of satellite  service providers. The National Communications Commission amended the above regulations on July 20, 2007, designating  itself as the authority in charge of the Satellite Regulation. Satellite services licenses are subdivided into fixed satellite  services licenses and mobile satellite services licenses.  Satellite services licenses are valid for 10 years. Minimum paid-in capital requirements for fixed satellite services  providers and mobile satellite services providers are NT$100 million and NT$500 million, respectively.  We currently hold a fixed satellite services license, valid from December 10, 2008 to December 9, 2018.  Type II  The Telecommunications Act was amended in 1996 to open the market for all Type II services. Under the Type II  Services Regulations as last amended on November 5, 2010, Type II services are divided into special services and general  services. Special services include simple resale, VoIP, network telephone service of E.164 and non-E.164 user numbers (IP  Phone Numbers), international leased circuit and other services specified by governing authority. General services include  any Type II service other than special services. The policy for granting a Type II service license is as follows:  P AR T I 55