Corporate Profile and Strategy

Taipei-based Chunghwa Telecom Co., Ltd., (CHT), is the largest telecom service provider in Taiwan. Services provided by the company include local calls, domestic and international long-distance, wireless services, and Internet access/data services. Chunghwa Telecom operates in five business segments Mobile (37.5% of total third quarter 2007 revenue), Fixed line (30.9%), Internet/Data services (24.7%), Mobile Handsets (4.9%), and Other (2%). Geographically, 96% of revenue is derived from the Taiwanese market while the overseas market contributed the remaining 4%. The company is Taiwan's dominant, fixed-line service provider, controlling over 97% of the local phone market with the lion's share of the long distance segment, and is a leading provider of Internet services. In addition, Chunghwa Telecom maintains approximately 36.1% of the wireless market in Taiwan. The company listed its American Depository Shares (ADS) on the New York Stock Exchange in July 2003. Taiwan's Ministry of Transportation and Communications currently owns a 42.21% stake in the company.

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