CHT(CHT)

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CHT(CHT) - 2020 Q4 - Earnings Call Transcript
2021-02-06 03:31
Financial Data and Key Metrics Changes - In Q4 2020, total revenues increased by 7.7% year-over-year, while operating costs and expenses rose by 11.3% [12][13] - Income from operations increased by 5.7%, and net income rose by 5.8% [12] - EBITDA margin decreased to 33.44% from 33.94% in the prior year [12] Business Line Data and Key Metrics Changes - Mobile services maintained a leading market share of 36% in subscribers and 38.4% in revenue [7] - Broadband ARPU increased by 3% year-over-year, with a 69% increase in subscribers opting for 300 Mbps or higher [8][9] - ICT project revenue surged by 49.9% year-over-year, with IDC revenue up by 75.6% [10][11] Market Data and Key Metrics Changes - The number of 5G base stations exceeded 4,500 by the end of 2020, with expectations to surpass 10,000 by the end of 2021 [5][6] - 88% of iPhone 12 subscribers chose plans priced at TWD999 or above, indicating a shift towards higher-priced plans [5] Company Strategy and Development Direction - The company aims to accelerate 5G network development to enhance speed and quality, targeting 2 million 5G subscribers in 2021 [17] - Focus on expanding ICT ecosystems through partnerships and new service development, particularly in cybersecurity and cloud computing [17][18] - Plans to invest in submarine cable construction to establish a regional hub in the Asia Pacific [18] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about mobile performance and revenue growth in 2021, despite challenges from market competition [5][17] - The company anticipates a slight revenue increase of 0.8% to 1% in 2021, driven by mobile communications and internet services [15] Other Important Information - CapEx for 2020 was TWD23.3 billion, lower than the budgeted TWD30.7 billion, with a projected increase to TWD43.1 billion for 2021 [16] - The company received validations as an Azure Expert Managed Services Provider and AWS Managed Services Provider, enhancing its cloud service capabilities [19] Q&A Session Summary Question: Details on ICT revenue contribution and margin trends - Management indicated that ICT project margins average around 15% but can vary based on project size [21][23] Question: CapEx expectations for 2021 - CapEx is expected to peak in 2021 at TWD43.1 billion, with a decrease anticipated in subsequent years [23][28] Question: 5G subscriber numbers and targets - The company confirmed it aims to accumulate over 2 million 5G subscribers by the end of 2021 [28] Question: Mobile ARPU and its components - Mobile ARPU uplift is attributed to the migration from 4G to 5G, with 90% of 5G customers coming from 4G [32][45] Question: Specific projects driving increased CapEx in the internet sector - The increase in internet CapEx is primarily for IDC and FTTx projects, with expectations of revenue growth from these investments [54][56]
CHT(CHT) - 2020 Q3 - Earnings Call Transcript
2020-11-01 05:38
Chunghwa Telecom Co., Ltd. (NYSE:CHT) Q3 2020 Earnings Conference Call October 30, 2020 3:00 AM ET Company Participants Angela Tsai - Senior Manager, Investor Relations Vincent Chen - Senior Executive Vice President and Chief Financial Officer Shui Kuo - President and Director Conference Call Participants Neale Anderson - HSBC Jack Hsu - SinoPac Securities Sara Wang - Morgan Stanley Kang Ma - Fidelity Ryan Chen - UBS Eddie Liu - Citi Operator Good afternoon, ladies and gentlemen. Welcome to Chunghwa Telecom ...
CHT(CHT) - 2020 Q2 - Earnings Call Transcript
2020-08-01 15:39
Chunghwa Telecom Co., Ltd. (NYSE:CHT) Q2 2020 Earnings Conference Call July 30, 2020 3:00 AM ET Company Participants Angela Tsai - Director, Investor Relations Shui-Yi Kuo - President and Chief Financial Officer Fu-Fu Shen - Assistant Vice President of Public Affairs Conference Call Participants Neale Anderson - HSBC James Wang - UBS Amber Lee - yuanta Peter Milliken - Deutsche Bank Billy Lee - Credit Suisse Amber Lee - Yuanta Billy Lee - Credit Suisse Jeff Chin - CHT Security Operator Good afternoon, ladie ...
CHT(CHT) - 2020 Q1 - Earnings Call Transcript
2020-05-02 17:08
Chunghwa Telecom Co., Ltd (NYSE:CHT) Q1 2020 Results Conference Call April 30, 2020 3:00 AM ET Company Participants Angela Tsai - Director, Investor Relations Shui-Yi Kuo - President and Chief Financial Officer Fu-Fu Shen - Assistant Vice President of Public Affairs Conference Call Participants Neale Anderson - HSBC James Wang - UBS Jack Hsu - Sinopac Security Billy Lee - Crédit Suisse Sara Wang - Morgan Stanley Yufang Lee - Yuanta Operator Good afternoon, ladies and gentlemen. Welcome to Chunghwa Telecom C ...
CHT(CHT) - 2019 Q4 - Annual Report
2020-04-17 10:24
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 19 ...