The announcement on Wednesday last week that Far EasTone Telecommunications Co intended to sell a 12 percent stake to China Mobile Ltd following a decision by the government to allow Chinese institutional investors to invest in Taiwan’s equity market was understandably welcomed by financial analysts. But behind the deal — which will require government approval — lies a world of dangers.While a 12 percent minority stake in a firm may appear innocuous, the target sector — telecommunications — is a sensitive one, as it touches on matters of individual liberties and freedom of expression. In democratic countries, intelligence agencies must obtain a warrant before they can intercept someone’s conversations on mobile phones, land lines or via electronic means of communication such as the Internet.
Op-ed, published today in the Taipei Times, continues here .
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