3G hits Chunghwa profit

10 Jul 2006

Chunghwa Telecom has reported first-half net profit of TWD22.2 billion (USD687 million), down 8.6% on the same period last year. The telco says the fall was due to higher tax rates, staff cuts and the cost of 3G mobile licences, which it began paying for in the second half of 2005.

Taiwan, Chunghwa Telecom