Monday, March 29, 2010

Taiwan's Chunghwa Telecom Added 568,000 FTTx Subscribers in 2009

Taiwan's Chunghwa Telecom recorded a strong growth in FTTx subscriptions in 2009, with 568,000 net additions bringing its total to 1.64 million subscribers. ADSL subscribers decreased by 575,000 to 2.67 million. By the end of 2009, the number of ADSL and FTTx subscriptions with a service speed greater than 8 Mbps reached 2.0 million, representing 46.8% of total broadband subscribers, compared to 36.9% at the end of 2008.

In the mobile domain, as of December 31, 2009, Chunghwa had 9.27 million mobile
subscribers, an increase of 3.6% compare to 8.95 million at the end of 2008. Chunghwa had 1.17 million net additions to its 3G subscriber base during 2009, recording a 32.9% year-over-year growth, bringing the total to 4.73 million as of December 31, 2009.

Financially, Chunghwa reported Q4 2009 total consolidated revenue increased by 2.6% to NT$51.1 billion. Mobile communications business revenue increased by 1.6% to NT$21.9 billion. Internet business revenue increased by 9.5% to NT$6.4 billion. Net income totaled NT$10.6 billion, representing an increase of 24.6%. Basic earnings per share (EPS) increased by 24.6% to NT$1.09.