Chunghwa Telecom Stock Price, News & Analysis

Chunghwa Telecom (CHT) announced its 2022 revenue guidance, expecting growth of NT$2.32~NT$3.52 billion (1.1%~1.7%) compared to 2021, driven by mobile and broadband services. Operating costs are predicted to rise by NT$3.24~NT$3.63 billion (2.0%~2.2%) due to increased ICT project expenses. Income from operations may decrease by NT$0.38 billion, while net income attributable to stockholders is anticipated to range from NT$34.11~NT$36.04 billion. The company aims for dual revenue and profit growth while enhancing its 5G network and investing in new technologies.

Keysight Technologies (NYSE: KEYS) has partnered with Chunghwa Telecom (NYSE: CHT), Taiwan's largest telecom provider, to implement Keysight Open Radio Architect (KORA) solutions for multi-vendor network deployments. This collaboration aims to enhance the verification of radio access network equipment compliant with O-RAN standards. Chunghwa Telecom is the first in Taiwan to successfully verify an open access network architecture. Keysight's solutions enable rapid testing and validation, crucial for supporting various sectors including transportation and healthcare.

Chunghwa Telecom (NYSE: CHT) has partnered with Viettel-CHT Co., the largest data center and cloud service provider in Vietnam. This partnership aims to enhance public cloud services and digital solutions, including IoT, AI, and Big Data, to accelerate Vietnam's digital transformation. With over 500 cloud experts, Chunghwa Telecom will leverage its technology to strengthen Viettel-CHT's service ecosystem. Viettel-CHT aims to become a leading Multi-Cloud Service Provider in Vietnam, addressing the growing public cloud market.

Chunghwa Telecom (NYSE: CHT) reported third-quarter 2021 results, showing a 2.5% decline in total revenue to NT$ 50.89 billion. Mobile communications revenue grew by 5.6% to NT$ 22.84 billion, while internet revenue increased by 11.0% to NT$ 8.28 billion. Domestic fixed communications revenue fell 16.9% to NT$ 15.66 billion. The company achieved a 12.8% rise in net income to NT$ 9.40 billion, with basic EPS at NT$1.21. Operating costs decreased by 5.5% to NT$ 39.44 billion, resulting in a 6.7% rise in operating income.

PChome Online Inc. announced a strategic partnership with China Development Financial (CDF) and Chunghwa Telecom (CHT) on September 17, 2021. The partners will invest NT$1 billion in a private placement, acquiring 7.35% of PChome's shares at NT$106.65 each. PChome aims to enhance its fintech ecosystem by acquiring a ~50% stake in 21st Century Digital Technology Co., Ltd by investing NT$2.16 billion and exchanging shares from its fintech subsidiary. This collaboration is expected to accelerate PChome's fintech roadmap and profitability through shared expertise and resources.

Chunghwa Telecom reported its Q2 2021 financial results, showing total revenue growth of 3.8% to NT$ 49.60 billion. Mobile communications revenue rose 3.2% to NT$ 21.77 billion, while internet revenue increased 4.8% to NT$ 7.79 billion. However, domestic and international fixed communications revenues declined by 0.5% and 0.4% respectively. Net income attributable to stockholders rose 4.1% to NT$ 8.93 billion, with basic EPS of NT$ 1.15. The company anticipates further growth driven by 5G adoption and increased broadband subscriber numbers.

Chunghwa Telecom (CHT) reported a 4.1% increase in total revenue for Q1 2021, reaching NT$50.10 billion. Mobile communications revenue rose by 4.0% to NT$23.44 billion, while internet revenue increased by 1.6% to NT$7.63 billion.

Net income attributable to shareholders grew by 6.4% to NT$8.82 billion, with earnings per share at NT$1.14. However, international fixed communications revenue decreased by 2.9%. Operating costs rose by 3.7% to NT$39.00 billion. Cash flow from operations fell by 25.8% to NT$9.88 billion due to changes in accounts payable and receivable.

Chunghwa Telecom has filed its 2020 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission. This document is now accessible online. Investors can request free hard copies of the audited financial statements by contacting Chunghwa directly. The company, Taiwan's largest integrated telecommunications service provider, offers a diverse range of services, including fixed-line, mobile, and broadband solutions. Chunghwa is also expanding into innovative technologies like IoT and AI, while actively engaging in ESG initiatives.

Chunghwa Telecom (CHT) announced its 2020 financial results, reporting a 7.7% increase in Q4 revenue to NT$59.48 billion. Domestic fixed and internet revenues rose by 10.2% and 18.3%, respectively. However, mobile communications revenue saw a modest growth of 2.0%, with a significant 18.5% decline in international fixed communications revenue. For the full year, total revenue remained flat at NT$207.61 billion, while net income attributable to stockholders increased by 1.9% to NT$33.42 billion. The company forecasts slight revenue growth for 2021.