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chunghwa telecom co ltd (2412) Details

Chunghwa Telecom Co., Ltd. provides integrated telecommunication services primarily in Taiwan. It offers domestic fixed communications services, including local and domestic long distance telephone, broadband access, local and domestic long distance leased line, multimedia-on-demand (MOD), Wi-Fi, and domestic data services; and mobile communications services comprising mobile, information and communication technology, corporate solution, and bill handling services. The company also provides HiNet Internet, Internet value-added, data communication, Internet data center, and other Internet services; international fixed communications services that comprise international long distance telephone, international leased line, international data, and satellite services; other services, including the provision of interconnection of its fixed line network and mobile network with other operators; and ICT services, such as cloud computing. In addition, it sells mobile handsets, tablets, and data cards; and leases real estate properties. The company primarily serves small and medium-sized enterprises, and large corporations. As of December 31, 2013, its transmission network consisted of approximately 1.47 million fiber kilometers of fiber optic cable for trunking; and 7.11 million fiber kilometers of fiber optic cable for local loop. The company also provided ADSL and FTTx services to 4.6 million customers; local telephone services to approximately 11.6 million customers; Wi-Fi services to approximately 1,280,315 residential and 1,816,090 business customers; MOD services to 1.24 million customers; mobile services to 10.7 million customers; and Internet services to 4.2 million subscribers. Chunghwa Telecom Co., Ltd. was founded in 1996 and is headquartered in Taipei, Taiwan.

Founded in 1996

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chunghwa telecom co ltd (2412) Key Developments

Chunghwa Telecom Co., Ltd. Announces Unaudited Consolidated Earnings Results for the Month of November 2014

Chunghwa Telecom Co., Ltd. announced unaudited consolidated earnings results for the month of November 2014. For the month, the company reported consolidated revenue of TWD 19.55 billion, an increase of 1.9% compared to the corresponding period in 2013. Operating income was TWD 3.27 billion, a decrease of 23.5% year-over-year. Pretax income was TWD 3.40 billion, a decrease of 22.0% year-over-year. Net income attributable to shareholders of the parent company was TWD 2.83 billion, a decrease of 20.9% year-over-year. EPS was TWD 0.36.

Gemalto Teams Up with Chunghwa Telecom, to Secure Mobile NFC Services

Gemalto has teamed up with Chunghwa Telecom, to secure their mobile NFC services. This commercial launch, supported by MasterCard and four leading Taiwanese banks, uses Gemalto's UpTeq Multi-tenant NFC SIM and embedded software to host mobile payment and Mifare transit purse on a single card. This enables Chunghwa Telecom's subscribers to pay for a variety of goods and services, including rides on Taipei's crowded metro trains and buses, with a simple tap of their NFC phones on a contactless reader. Gemalto's NFC SIM solution provides banking-grade security for mobile contactless transactions. The Taiwanese are the most frequent users of smartphones in the Asia Pacific region1 and this deployment will pave the way for more service providers to come onboard and deploy mobile contactless services in the country. Chunghwa Telecom customers will be able to download multiple credit cards on their phones, and then use any of them for mobile NFC payments in over 24,000 contactless terminals in major stores, taxis, restaurants, malls, and movie theaters. They will also be able to make contactless payments for their transport and small-value purchases at thousands of other outlets2 where the Mifare transit scheme is accepted.

Chunghwa Telecom Co., Ltd. Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Chunghwa Telecom Co., Ltd. announced consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the third quarter, on IFRS basis, consolidated net income was TWD 8,896 million. Consolidated net income attributable to shareholders of the parent was TWD 8,834 million and basic earnings per share of TWD 1.14. For the nine months, on IFRS basis, consolidated net income was TWD 30,103 million. Consolidated net income attributable to shareholders of the parent was TWD 29,703 million and basic earnings per share of TWD 3.83. The differences in consolidated net income between under Taiwan-IFRSs and IFRSs followed by the Company mainly come from the timing of the recognition of 10% income tax on un-appropriated earnings.


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