Far EasTone’s shareholders have approved the planned sale of a 12% stake to China Mobile, Dow Jones Newswire reports. China Mobile is the world’s largest mobile operator by subscribers. Far EasTone is Taiwan’s third-largest mobile operator by revenue after Chunghwa Telecom and Taiwan Mobile. Far EasTone will now ask the Taiwan government to approve the sale. Far EasTone plans to sell up to 444.34 million new shares to China Mobile at NT$40 a share, or up to NT$17.77 billion.