Tuesday, November 11, 2008

Taiwan market: Chunghwa Telecom's January-October net profit attains almost 95% of 2008 goal

11 November 2008
Chuunghwa Telecom (CHT) has reported a net profit of NT$41.31 billion for January-October 2008, which accounts for 94.7% of the NT$43.60 billion projected for this year.
CHT had about 990,000 FTTx (fiber to the home/building) subscribers and 550,000 8Mbps ADSL subscribers as of the end of October 2008, the company indicated.
Taiwan Mobile (TWM) and Far EasTone Telecommunications (FET), the other two of the top three operators of mobile communication services in Taiwan, have reported consolidated sales of NT$58.18 billion and NT$52.61 billion respectively for the first 10 months of 2008.