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Chunghwa Telecom's mobile unit to spend record-high capital

Chunghwa Telecom's mobile unit to spend record-high capital

Taipei, Jan. 21 (CNA) The mobile business group of Chunghwa Telecom Co., Taiwan's largest mobile provider, said Monday it will see record-high capital expenditure this year to meet surging demand for mobile networks. The company plans to budget NT$8.9 billion (US$308 million) for the year, up from NT$7.2 billion last year, to build more 3G base stations and increase its mobile network bandwidth by 50 percent, said Lin Kuo-feng, president of Chunghwa's mobile business group. The group aims to add 1 million new mobile customers in 2013, representing 50 percent growth from last year, Lin said at a media briefing. He estimated that the company's total revenue will reach NT$79 billion in 2013, up from NT$76.3 billion last year, as an expected decline in voice and text message revenues will partially offset the continued growth of mobile data revenue. (By Jeffrey Wu)


Updated : 2021-07-24 19:44 GMT+08:00