As Of June 30, Chunghwa Telecom Had 13.42M Mobile Subscribers (Up By 4.5% YoY), 4.41M Broadband Subscribers (Up By 0.6% YoY), 9.02M Fixed-Line Subscribers
Portfolio Pulse from Benzinga Newsdesk
Chunghwa Telecom reported a 4.5% YoY increase in mobile subscribers to 13.42M, a 0.6% increase in broadband subscribers to 4.41M, and 9.02M fixed-line subscribers as of June 30, 2024. Mobile service revenue grew by 3.5% and fixed broadband revenue by 4.4% YoY.
August 06, 2024 | 8:07 am
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POSITIVE IMPACT
Chunghwa Telecom reported positive growth in mobile and broadband subscribers, with increases in both mobile service and fixed broadband revenues.
The increase in subscribers and revenue growth in both mobile and broadband segments is a positive indicator for Chunghwa Telecom's financial health and market position, likely leading to a short-term positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100