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Wireless Federation » archive for 'Chunghwa'

Taiwan abandons plans to sell stake in state-controlled carrier (Taiwan)

  • June 16th, 2008
  • 2:12 pm

Taiwan’s Ministry of Finance decided to withdraw a planned NT$52.8 billion (US$1.74 billion) worth of Chunghwa Telecom share disposal, and will sell bonds instead to help raise part of the funds for a program on boosting the economy, a Dow Jones report said.

The government had hoped to raise NT$52.8 billion by reducing its stake in Chunghwa Telecom, Taiwan’s largest phone services provider by revenue, to as low as 30% from 35.65%, in part to help fund the NT$120 billion government spending program aimed at supporting domestic demand at a time of rising prices, the Dow Jones report said.

But some lawmakers have voiced opposition to the share disposal, the ministry said in a statement.

“To respect lawmakers, the ministry agreed to raise the full amount (NT$52.8 billion) by selling bonds,” the statement, quoted by the Dow Jones report, said.

Minister of Finance Lee Sush-der told Dow Jones Newswires on Friday the share sale was facing opposition from some lawmakers who consider Chunghwa Telecom as a good stock that generates good dividend income. 

   

Chunghwa expands 3G

  • June 11th, 2008
  • 2:03 pm

Taiwan’s dominant fixed line and wireless operator, Chunghwa Telecom, has placed an order for 3G mobile equipment with Nokia Siemens Networks worth TWD3.47 billion (USD114 million). The equipment will be used to expand Chunghwa’s existing 3G networks which were serving 2.59 million customers at the end of March.

   

 

 

 

Chunghwa to build 800 3.5G sites this year (Taiwan)

  • January 10th, 2008
  • 2:29 pm

Chunghwa Telecom (CHT) has announced a plan to install 800 3.5G base stations in Taiwan this year to help boost the number of its 3G subscribers to 3.5 million by the end of 2008, up from its current base of around 2.3 million. CHT currently boasts a total of 4,500 3G base stations, including 4,000 supporting the 3.5G HSDPA technology platform. In addition, CHT says it will begin installing 3.5G base stations supporting download data rates of up to 10.7Mbps in the third quarter. The company, Taiwan’s largest cellco and incumbent wireline operator, expects its mobile revenues to top TWD76 billion (USD2.34 billion) in 2008 compared to TWD75.5 billion last year.

   

 

Chunghwa posts third quarter results (Taiwan)

  • November 2nd, 2007
  • 9:40 am

Chunghwa Telecom has posted a 10% year-on-year increase in third quarter revenue to TWD52.1 billion (USD1.61 billion), helping net income to climb 6.8% to TWD11.9 billion. Fixed line services accounted for 29.7% of total revenue, mobile services for 36.4%, 23.8% came from its internet and data offerings and other services make up the remainder. Capital expenditures reached TWD15.8 billon for the nine months ended 30 September 2007, of which 83% was for wireline equipment (including fixed line voice, internet and data) and 15% was for wireless equipment. Compared to the corresponding period last year, CAPEX was down 14.6%, mainly due to a TWD3.4 billion decrease in spending on mobile infrastructure.

 

Chunghwa buys 30 percent stake in music service Kkbox (Taiwan)

  • October 26th, 2007
  • 2:15 pm

Skysoft’s digital music subsidiary Kkbox has reached an investment deal with Taiwanese communications provider Chunghwa Telecom. Chunghwa will buy a 30 percent stake in Kkbox for an undisclosed amount. Kkbox was launched in January 2005 and mixes a music download service with social networking features. The company offers content from over 140 music labels with some 1.5 million songs. At the end of July this year the company had 300,000 paying subscribers and 3.5 million registered users. With Chunghwa’s investment, Kkbox plans to launch new business models by extending its services from the PC platform to mobile phones and digital home appliances.

   

Chunghwa sets MOD target (Taiwan)

  • October 24th, 2007
  • 6:34 am

Chunghwa Telecom says it expects to have 500,000 subscribers to its Multimedia On Demand (MOD) fibre network by the end of this year, with one million by end-2008. The firm currently claims around 360,000 MOD customers, who are offered a range of TV, telephony and internet services over high speed fibre connections.

   

 

Chunghwa invests in converged digital content (Taiwan)

  • October 18th, 2007
  • 2:53 pm

Chunghwa Telecom has announced a plan to buy a 30% stake in Taiwan’s biggest online music retailer Skysoft to increase its range of converged content services for its broadband, mobile and IPTV subscribers, reports the Taipei Times. The deal would mark the latest move by the Taiwanese incumbent into new areas to boost value added revenues amid falling voice traffic. Chunghwa also intends to obtain a seat on Skysoft’s four-member board, it said. Value added services contribute 6.5% to Chunghwa’s mobile revenues, a lower figure than rivals Taiwan Mobile and FarEasTone. Chunghwa currently offers its broadband users a Skysoft subscription, and the proposed deal aims to extend the service to its mobile and IPTV subscribers. The operator has around 8.6 million mobile subscribers and 330,000 IPTV customers. Skysoft is jointly owned by Taiwan’s China Development Industrial Bank, Japanese financial service provider Orix Group and US software developer Adobe Systems.

   

 

Chunghwa awards 3G expansion deal to NSN (Taiwan)

  • October 1st, 2007
  • 9:36 am

Chunghwa Telecom has awarded a 3G network expansion and services contract to Nokia Siemens Networks (NSN) covering the installation of 3G and High Speed Downlink Packet Access (HSDPA) technology, and additional systems to reduce operational costs. The contract extends the existing cooperation between NSN and Chunghwa Telecom. The project will further expand Chunghwa’s 3G network coverage and boost the maximum data speeds of its HSDPA services (launched in September 2006), whilst a new ‘hybrid backhaul solution’ will allow Taiwan’s largest cellco to utilise IP transmission in base station backhaul to increase cost efficiency. Under the deal, NSN is also providing Chunghwa with its multi-technology NetAct system to help the operator manage network and service quality for subscribers. Deliveries will start immediately and are scheduled for completion by September 2008.

   

 

Visa starts public trial of Visa mobile platform in Taiwan (Taiwan)

  • September 20th, 2007
  • 12:41 pm

Visa International is partnering with Taiwanese communications provider Chunghwa Telecom, Chinatrust Commercial Bank (CTCB) and Nokia to launch a trial of the Visa mobile platform in Taiwan. The trial will bring together near field communication (NFC)-enabled mobile phones, over-the-air (OTA) personalisation, Visa payWave contactless payments and merchant direct marketing offers sent to the phone. The six-month trial involves 500 Chunghwa Telecom Call Call co-brand cardholders using NFC-enabled Nokia 6131i handsets to make contactless payments at any of the 3,000 stores that accept Visa payWave contactless cards in Taiwan. Consumers will be able to obtain merchant offers by pre-registering their preferences to receive certain types of coupons or by holding their phone up to special posters located in shopping areas. All offers are stored in the graphics-rich software application that manages the Visa payWave payment on the Nokia handset.

   

Chunghwa and Viettel look at internet venture

  • August 6th, 2007
  • 2:48 pm

Taiwanese incumbent telco Chunghwa Telecom and Vietnamese military-owned mobile and fixed line provider Viettel are reported to be planning a joint venture to offer internet and data services in Vietnam. A report in the Commercial Times says that Chunghwa has been mulling investments in Vietnam for about a year, and would expect to expand the Vietnamese business beyond the data market in the future. At the end of March 2007 Viettel accounted for around 24% of Vietnam’s retail DSL subscribers, and is the second largest VoIP provider in the country, behind incumbent VNPT.