Tuesday, August 30, 2005

Taiwan's Chunghwa Telecom Tops 3.36 Million ADSL Lines

Chunghwa Telecom, Taiwan's incumbent telecom operator, had 3.36 million ADSL subscribers as of 30-June-2005, a 23.3% increase year-over-year. Chunghwa added 160,000 subscribers in the second quarter of 2005.

The total number of internet subscribers was nearly 3.96mn as of 30-June-2005, a 7.1% increase year-over-year. In the second quarter of 2005, Chunghwa added 91,000 new subscribers.

At the end of June 2005, mobile subscribers remained at 8.1 million, as the company said it continued to clean up inactive prepaid subscribers to increase the quality of total subscribers. Chunghwa continues to be the leading mobile operator in Taiwan in terms of both revenue and subscriber market share with 35.2% and 39.3% respectively as of the end of June 2005.

Chunghwa's total fixed line subscriber base stood at approximately 13.3 million as of 30-June-2005, an increase of 0.6% year-over-year.

Financially, revenues for the half year ending June 30 of NT$90.7 billion, net income of NT$24.9 billion and fully-diluted earnings per common share (EPS) of NT$2.58, or US$ 0.81 per ADS. The Company also reported earnings for the second quarter of 2005 with revenues of NT$46.2 billion, net income of NT$12.8 billion and earnings per share (EPS) of NT$ 1.33, or US$ 0.42 per ADS.


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