Core Viewpoint - Chunghwa Telecom reported solid financial results for Q3 2024, achieving a total revenue increase of 3.6% year-over-year, driven by growth across all business segments, despite a slight decline in operating income and net income [1][2][4]. Financial Highlights - Total revenue for Q3 2024 was NT$ 55.61 billion, up 3.6% from the previous year [1][4]. - Consumer Business Group revenue rose by 2.1% to NT$ 34.43 billion, with mobile service revenue increasing by 3% due to 5G migration and higher postpaid subscribers [1][5]. - Enterprise Business Group revenue increased by 5.9% to NT$ 17.60 billion, driven by a 22% growth in ICT business revenue [1][6]. - International Business Group revenue grew by 1.4% to NT$ 2.37 billion, with income before tax rising by 11% year-over-year [1][7]. - Total operating costs and expenses increased by 4.8% to NT$ 44.23 billion, primarily due to higher manpower costs and one-time broadcasting rights fees [1][8]. - Operating income decreased by 0.8% to NT$ 11.38 billion, with a margin of 20.5% [1][9]. - Net income attributable to stockholders decreased by 1% to NT$ 9.01 billion, with basic earnings per share at NT$ 1.16 [1][9]. Business Segment Performance - The Consumer Business Group maintained growth, supported by 5G migration, steady fixed broadband revenue, and increased OTT revenue from exclusive broadcasting rights [2][5]. - The Enterprise Business Group's performance was bolstered by significant growth in ICT services, particularly in 5G private networks and big data analysis [2][6]. - The International Business Group's growth was driven by demand for ICT services in international markets, with a new European subsidiary commencing operations [2][7]. Technological and ESG Initiatives - Chunghwa Telecom initiated the world's first IOWN APN between Taiwan and Japan, and is the exclusive provider of OneWeb low-earth-orbit satellite services in Taiwan [3]. - The company received SBTi verification for its Net-Zero greenhouse gas emissions target, committing to achieve Net-Zero by 2045 [3].

Core Insights - Nokia has been selected by Chunghwa Telecom (CHT) for a one-year extension deal to modernize its 5G network in Taiwan, focusing on enhancing performance, capacity, and energy efficiency in preparation for the 5G-Advanced era [2][6] - The deal includes the deployment of Nokia's high-performance, energy-efficient AirScale solutions, including Habrok Massive MIMO radios and the MantaRay solutions for network monitoring and optimization [1][3][4] Network Upgrade Details - The upgrade will utilize Nokia's AirScale portfolio, featuring baseband, Massive MIMO radios, and Remote Radio Head products, specifically the lightweight Habrok radios in 32 TRX and 64 TRX versions [3] - Nokia's ReefShark System-on-Chip technology will power these solutions, providing superior coverage and capacity for CHT's customers [3] AI and Energy Efficiency - CHT will implement Nokia's AI-powered MantaRay solutions, which include MantaRay NM for network monitoring and MantaRay SON for network optimization and automation [4] - The deal aims to achieve significant energy savings through advanced RAN software features, including deep sleep mode and MIMO muting, to reduce radio network power consumption [4] Long-term Partnership - This agreement continues the long-term partnership between Nokia and CHT, which has been in place since the deployment of 2G networks [5] - The collaboration is expected to enhance CHT's network performance and sustainability efforts by reducing energy consumption and carbon emissions [6]

The Zacks Diversified Communication Services industry is poised to benefit from healthy demand trends led by increased fiber densification and accelerated 5G deployment across the globe. However, high capital expenditures for infrastructure upgrades, unpredictable raw material prices, geopolitical conflicts and elevated inventory levels amid a challenging macroeconomic environment and uncertain market conditions have dented the industry's profitability. Nevertheless, Chunghwa Telecom Co., Ltd. (CHT) , Telef ...

1934 Act Registration No. 1-31731 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 OF THE SECURITIES EXCHANGE ACT OF 1934 Dated September 30, 2024 Chunghwa Telecom Co., Ltd. (Translation of Registrant's Name into English) 21-3 Xinyi Road Sec. 1, Taipei, Taiwan, 100 R.O.C. (Address of Principal Executive Office) (Indicate by check mark whether the registrant files or will file annual reports under cover of form 2 ...

Core Insights - Chunghwa Telecom has been recognized with the 2024 Taiwanese Company of the Year and Customer Value Leadership Awards by Frost & Sullivan for its leadership in the telecom and 5G industries in Taiwan [2][6]. Company Overview - Chunghwa Telecom is the largest integrated telecommunications service provider in Taiwan, owning most of the country's fixed-line infrastructure and being the largest mobile operator [2][3]. - The company provides 99% 4G population coverage and 97.6% 5G population coverage, with a median download speed of 361.83 Mbps [2]. 5G Network and Applications - The company utilizes a 5G standalone (SA) architecture that enables network slicing, suitable for large-scale applications requiring guaranteed bandwidth [4]. - Chunghwa Telecom's 5G accelerator supports Taiwanese start-ups in developing and commercializing 5G applications, contributing to double-digit year-on-year revenue growth in its ICT business in 2023 [4]. Customer Engagement and Satisfaction - The company has over 3 million 5G subscriptions and leads the market with 11.22 million mobile (non-IoT) and 1.92 million IoT subscriptions, reflecting a significant share of Taiwan's 127.5% mobile phone penetration rate [5]. - Chunghwa Telecom's strong customer service and innovative 5G applications enhance customer satisfaction and loyalty, allowing the company to expand its market share [5][6]. Strategic Focus and Innovation - The company is advancing cybersecurity technologies and creating smart services that improve customer experiences and address privacy risks [5]. - Chunghwa Telecom's partnerships and robust 5G ecosystem enable it to enter new markets and develop unique solutions, enhancing its competitive position [5][6]. Awards and Recognition - Frost & Sullivan's awards recognize Chunghwa Telecom's excellence in creating customer value and implementing growth strategies, highlighting its innovation and market leadership [6][7].

Upon the Completion of Mr. Vincent Yu-Shen Chen's secondment, Ms. Audrey Wen-Hsin Hsu Will Take Over the Position TAIPEI, Aug. 9, 2024 /PRNewswire/ -- Chunghwa Telecom Co., Ltd. ("CHT", "Chunghwa Telecom" or the "Company", TAIEX: 2412, NYSE: CHT) announced that its Board of Directors today has approved the appointment of a new Senior Executive Vice President and Chief Financial Officer (CFO). The current CFO, Mr. Vincent Yu-Shen Chen, will return to National Chengchi University after his secondment period e ...

Chunghwa Telecom Co., Ltd (NYSE:CHT) Q2 2024 Results Conference Call August 6, 2024 3:00 AM ET Company Participants Angela Tsai - Director of Investor Relations Harrison Kuo - Chairman Ivan Lin - President Vincent Chen - Chief Financial Officer Conference Call Participants Neale Anderson - HSBC Operator Good afternoon, ladies and gentlemen. Welcome to the Chunghwa Telecom's Conference Call for the Company's Second Quarter 2024 Operating Results. [Operator Instructions] And for your information, this confere ...

TAIPEI, Aug. 6, 2024 /PRNewswire/ -- Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) ("Chunghwa" or "the Company") today reported its un-audited operating results for the second quarter of 2024. All figures were prepared in accordance with Taiwan-International Financial Reporting Standards ("T-IFRSs") on a consolidated basis. (Comparisons throughout the press release, unless otherwise stated, are made with regard to the prior year period.) Second Quarter 2024 Financial Highlights Total revenue increased ...

1Q 2024 Operating Results May 2, 2024 1 © Chunghwa Telecom Disclaimer STATEMENT REGARDING UNAUDITED FINANCIAL INFORMATION The unaudited finan ...

TAIPEI, May 2, 2024 /PRNewswire/ -- Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) ("Chunghwa" or "the Company") today reported its un-audited operating results for the first quarter of 2024. All figures were prepared in accordance with Taiwan-International Financial Reporting Standards ("T-IFRSs") on a consolidated basis. (Comparisons throughout the press release, unless otherwise stated, are made with regard to the prior year period.) First Quarter 2024 Financial Highlights -       Total revenue incr ...