Chunghwa Reports Q4 Profit of NT$9.1B
TAIPEI, Taiwan -- Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) ("Chunghwa" or "the Company") today reported its unaudited operating results for the fourth quarter and full year of 2012. All figures were prepared in accordance with generally accepted accounting principles of the Republic of China ("ROC GAAP") on a consolidated basis. "We are proud to announce that we met our 2012 guidance and maintained our market leadership. As Taiwan's largest integrated telecommunications company, 2012 marked a year of tremendous strides towards the strengthening and expansion of our drivers including Fiber broadband and wireless internet businesses. Heading into 2013, we continue to face the headwinds associated with on-going regulatory changes as well as increasing competition, but we remain encouraged. We aim to leverage our capex investments by growing mobile internet subscribers by 40 percent to 3.5 million, expand our fiber broadband user base to over 1.5 million subscribers using 50 mbps or higher speed connections, as well as broaden our ICT and cloud enterprise services platform. Our goal remains to be providing retail and enterprise customers unmatched speed and reliability in accessing the Internet network in the most seamless way possible via any device, any location, and at any time." Chunghwa Telecom Co. Ltd.