Chunghwa: Revenues down 3.8%

27 Aug 2009

Taiwanese incumbent telecoms operator Chunghwa Telecom has posted an operating revenue of TWD48.06 million (USD1.46 billion) for the three months ended 30 June 2009, down 3.8% year-on-year. Net income for the quarter fell from TWD12.52 billion in Q208 to TWD11.48 billion a year later. Operating costs were down 2.9% year-on-year, falling to TWD33.14 billion. The company ended June 2009 with 12.58 million fixed line customers, down 292,000 from 12.87 million a year earlier as its broadband business also declined over the course of the year, down from 3.52 million ADSL customers at the end of Q208 to 2.96 million a year later. However, Chunghwa had a total of 1.4 million FTTx subscribers at the end of June, compared to 782,000 a year earlier. The company also saw growth in its mobile operations, adding 259,000 net new subscribers to end June with a mobile customer base of 9.04 million. The total of 3G subscriptions grew from 2.89 million at the end of June 2008 to 4.11 million a year later.

Meanwhile, according to a report by DigiTimes, Chunghwa has awarded Zyxel Communications and D-Link contracts to supply the telco with 460,000 units of VDSL2 equipment. Zyxel, together with its system integrator partner HwaCom Systems, will supply 280,000 units worth TWD586 million, while D-Link will supply180,000 units for TWD393 million.

Taiwan, Chunghwa Telecom