Chunghwa Telecom targets 3.7 percent revenue growth in 2020

Tuesday 21 January 2020 | 15:30 CET | News
Taiwanese operator Chunghwa Telecom has announced its guidance for 2020 on a consolidated basis. Company CEO Chi-Mau Sheih believes that, in 2020, Chunghwa's mobile business will provide the operator with "a strong foundation for the upcoming deployment of 5G". The first phase of Taiwan's 5G spectrum auction was recently completed, and Chunghwa Telecom plans to launch 5G services in the third quarter of this year. For 2020, the company expects its total revenue to increase by TWD 6.58 – TWD 7.77 billion, or 3.2 - 3.7 percent year-on-year, to TWD 214.10 – TWD 215.29 billion.

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Categories: Mobile & Wireless
Companies: Chunghwa Telecom
Countries: Taiwan
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