Monday, April 28, 2008

Taiwan's Chunghwa Reaches 435,000 IPTV Subscribers

As of the end of the first quarter of 2008, Taiwan's Chunghwa Telecom had 435,000 IPTV subscribers, a 52.7% year-over-year increase, with the addition of 41,000 new subscribers during the first quarter of 2008 alone. Some highlights from the companies financial report.:

  • Total revenue increased by 12.1% to NT$51.0 billion

  • Internet and data revenue grew 2.9% to NT$12.5 billion; ADSL & FTTB revenue increased by 2.3% to NT$5.1billion

  • Mobile revenue grew 0.3% to NT$18.1 billion; Mobile VAS revenue increased by 35.3%

  • Net income totaled NT$10.7 billion, representing a decrease of 11.4%, Earnings per share (''EPS'') decreased by 1.8% to NT$1.12

  • Capital expenditures totaled NT$5.5 billon for the first quarter of 2008, of which 71% was for wire line (including fixed-line and internet and data), 5.8% was for mobile equipment, and the remainder 23.3% was for other investments, including purchases of state-owned land where one of our outlets locates.

  • Total HiNet Internet subscribers decreased 5.8% year-over-year due to the separation of 350,000 Prepaid Card subscribers from the total HiNet subscriber base in May 2007. This decline was partially offset by the strong HiNet FTTB subscription growth, with 385,000 net additions over past twelve months bringing the total HiNet FTTB subscriber number to 622,000 as of March 31, 2008.

  • Overall, the company had 4.28 million broadband subscribers (including ADSL and FTTB) at the end of the first quarter of 2008, representing a 4.1% increase in total broadband subscribers compared to the end of the first quarter of 2007. By the end of the first
    quarter of 2008, the number of ADSL and FTTB subscriptions with a service speed greater than 8 Mbps reached 1.28 million, representing a 29.9% increase of the total broadband subscribers.

  • As of March 31, 2008, Chunghwa had 8.72 million mobile subscribers up by 2.0% compared to 8.70 million as of the first quarter of 2007. Chunghwa remained the leading mobile operator in Taiwan with a 36% share.

  • As of March 31, 2008, Chunghwa had 2.59 million 3G subscribers, a 12.9% increase as compared to that of the end of 2007. At the end of the first quarter of 2008, 3G ARPU was 61% higher than that of 2G.

  • Mobile VAS revenue for the first quarter of 2008 was NT$1.7 billion, posting a 35.3% increase year-over-year, with SMS revenue up 32.8% and mobile internet revenue up 54.7% year-over-year, respectively.