Chunghwa posts a decline of 3.4% in mobile revenue (Taiwan)
Chunghwa Telecom (Taiwan’s fixed line, mobile and internet and data service provider) has annoounced its thirdd quarter results. Chunghwa posted its net income totaled TWD13.3 billion, an increase of 0.8% year-on-year. The total revenue shrinked by 1.5% to TWD50.9 billion. The promotional packages and price cuts imposed by NCC have lead to decline in mobile revenue by 3.4%, whereas mobile VAS revenue increased by 18.3%.
The subscriber base of Chunghwa reaches the mark of 8.87 million by adding 91,000 during the third quarter. Chunghwa adds 350,000 new 3G subscribers reaching the total of 3.24 million, up 62.6% year-on-year.
