Chunghwa Telecom 2007 results

27 Mar 2008

Chunghwa Telecom the incumbent Taiwanese fixed line, mobile, internet and data service provider has reported total revenue for 2007 of TWD200.9 billion (USD6.69 billion), up 7.8% from 2006; 31.2% of the total came from fixed line services, 36.7% from mobile and 24.5% from internet and data services (up 5.8% overall compared to 2006 with ADSL and FTTB up 5.2%). The remainder was attributed to handset sales and consolidation of TWD11.4 billion in revenue from SENAO (retailer of handsets and last-mile wireless solutions) beginning in the second quarter of 2007. EBITDA for 2007 increased by 5.2% year-on-year to TWD102.3 billion, resulting in an EBITDA margin of 50.9%, down from 52.2% for 2006. Net income for 2007 was TWD49.5 billion, an increase of 17.5%. CAPEX totalled TWD25.1 billion with the majority (76%) spent on fixed line, internet and data services.

Chunghwa had 4.25 million broadband subscribers at the end of 2007, up 5.3% on 2006. Mobile subscriber numbers stood at 8.70 million as of 31 December 2007, 2.29 million of whom were 3G users. Fixed line subscribers totalled 12.95 million at year end.

Taiwan, Chunghwa Telecom