Taiwan’s largest fixed line, mobile and broadband operator by subscribers, Chunghwa Telecom, has reported its operating results for the quarter ended 30 June 2007. Total revenues increased 9.2% year-on-year to TWD50.6 billion (USD1.5 billion), 30.9% of which came from fixed line services, 36.8% from mobile and 24% from internet and data services. Year-on-year, internet and data revenues in the quarter grew 6.7%, ADSL and fibre-to-the-building (FTTB) sales climbed 4.6%, total mobile turnover increased 2.2% and mobile VAS revenues were up by 22.7%. Total net income in April-June totalled TWD15.3 billion, an increase of 46.1% over 2Q06.
Chunghwa had 4.17 million broadband subscribers (including ADSL and FTTB users) at the end of June 2007, a 7.7% year-on-year increase, whilst fixed line subscribers continued a steady decline to 13.04 million. As of end-June Chunghwa had 8.58 million mobile subscribers, slightly up from 8.56 million at the end of Q1 and 8.42 million a year before. It gained 400,000 net new 3G users during the second quarter, to reach a total 1.68 million at the end of June; it reported that 3G ARPU in the quarter was 58% higher than 2G ARPU.
Group CAPEX reached TWD9.7 billon in the first half of 2007, of which 85% was for wireline equipment (including fixed line, internet and data), 13% was for wireless equipment, and the remainder for ‘others’. Chunghwa expects total capital expenditure to be approximately TWD30 billion for the full year.