Thursday, October 26, 2006

Taiwan's Chunghwa Telecom Reaches 3.97 Million BB, 8.4 Million Mobile Users

Taiwan's Chunghwa Telecom 47,000 new ADSL subscribers and 53,700 new FTTB subscribers in the third quarter, bringing its total number of broadband subscribers to 3.97 million as of the end of September 2006.

Additional highlights for 3Q06:

  • Total revenue increased 2.2% QoQ to NT$47.38 billion, of which 34% was from fixed-line services, 40% from mobile services and 24% from Internet and data services. The increase in revenues was mainly driven by continued growth in the Internet and data businesses.

  • Internet & data and mobile revenues increased 3% and 2.3% QoQ, respectively

  • Net income increased 6.6% QoQ to NT$11.14 billion

  • At the end of September 2006, the company had 8.42 million mobile subscribers, with postpaid subscribers growing 4.2% YoY in the first nine months.

  • Chunghwa remains the leading mobile operator in Taiwan in terms of both 2G revenue and 2G subscriber market share with 35.6% and 41.1% respectively as of the end of September 2006.

  • Chunghwa added 188,000 3G subscribers in 3Q06, which brought the total to 597,000.