Chunghwa Telecom today said its Capex (capital spending) decreased 23.4 percent to NT$5.77 billion in Q1 2014. It is targeting 40 percent LTE market share this year.
The telecom carrier has spent 54.5 percent of Capex for domestic fixed communications, 20.3 percent for mobile, 14.9 percent for internet, 7 percent for international fixed communications, and the balance for others.
Chunghwa Telecom will launch 4G services in July this year. Its aim is to acquire at least 40 percent of the 4G market share by the end of 2014.
Chunghwa Telecom said the number of FTTx subscribers reached 2.99 million, accounting for 66 percent of its total broadband users. The number of subscribers signing up for speeds of 60Mbps and higher increased by 23.2 percent, reaching 1.19 million.
HiNet broadband subscribers increased 0.1 percent to 3.78 million.
Meanwhile, Chunghwa Telecom said its Q1 2014 revenue decreased 2.8 percent to NT$55.06 billion. Its net income rose 10.9 percent to NT$10.20 billion.
Mobile communications revenue declined 1.4 percent to NT$27.51 billion.
Chunghwa Telecom said its mobile value-added services (VAS) revenue increased 23.4 percent to NT$8.05 billion, with mobile internet revenue, the largest contributor to VAS revenue, increasing by 32.6 percent.
Internet revenue grew 1.9 percent to NT$6.13 billion. Internet VAS revenue increased 10.4 percent to NT$0.67 billion.
Rick L Tsai, chairman and CEO of Chunghwa Telecom, said: “We plan to offer 300Mbps to 1Gbps and LTE mobile broadband access services, which will help facilitate our innovative digital convergence value added service offerings that targets the individual customer, household, and enterprise markets.”
