Chunghwa, Nokia Networks ink deal for 4G equipment

27 Apr 2015

Taiwanese multi-service operator Chunghwa Telecom has confirmed that its board has approved the acquisition of new equipment valued at TWD1.86 billion (USD59.5 billion) from Finnish vendor Nokia Networks. According to the Taipei Times, the hardware in question will reportedly be used to expand the telco’s 4G infrastructure.

Meanwhile, the local news source also noted that the hardware purchase comes in the wake of Chunghwa’s recently launched aggressive promotional campaign, which brought a new round of price competition in the 4G sector. Such moves have reportedly been made as the telco has set its sights on boosting the number of 4G subscribers on its books to 3.2 million by the end of 2015.