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Company Description

Contact Info

21-3 Hsinyi Road

Section 1

Taipei, 100




ts access points. In addition, the company had established 55,000 hot spots in public areas by the end of 2015, such as convenience stores, airports and international convention centers, where its smartphone subscribers could access the company’s Wi-Fi network and help to offload mobile data network traffic. MOD Services Using video streaming technology through a set top box that connects to the company’s FTTx and ADSL data connections, its MOD customers could access TV programs, video-on-demand and other services. The company had approximately 195 broadcasting channels and approximately 20,000 hours of on-demand programs and served approximately 1.3 million customers as of December 31, 2015. The company also offered 152 high definition (HD) channels and other HD video-on-demand programming, such as sports, movies, and knowledge materials. The company offers ‘TV Everywhere’ service for its MOD subscribers to enjoy a program viewing experience across multiple platforms, including smartphones, tablets and PCs. In addition to its regular packaged offerings, the company also offers subscription video on demand (SVoD) services for film and drama. As of December 31, 2015, the company had 475 thousand SVOD subscribers. Other Domestic Services The company’s other domestic services include ICT services, corporate solution and bill handling services. Mobile Communications Business The company’s mobile communications services include mobile services, sales of mobile handsets, tablets and data cards and ICT and other mobile services. Mobile Services The company provides mobile services in Taiwan. In 2013, the company obtained a 4G mobile services spectrum of 10 MHz paired spectrum in the 900 MHz frequency band and 25 MHz paired spectrum in the 1800 MHz frequency band. In December 2015, the company obtained additional spectrum for 4G mobile broadband services of 30 MHz paired spectrum in the 2500MHz and 2600MHz frequency bands. The license is valid until December 31, 2033. The company offers international roaming network among Taiwan mobile service providers. As of December 31, 2015, the company’s 3G roaming contracts includes 265 networks in 99 countries, its 2G GSM roaming contracts include 461 networks in 198 countries, and its 2.5G GPRS roaming contracts include 393 networks in 154 countries. The company has also established 4G LTE roaming contracts with 70 networks in 49 countries. Sales of Mobile Handsets, Tablets and Data Cards The company engages in the distribution and sale of mobile handsets, tablets and data cards for use on its mobile network to customers through its directly-owned stores, the company’s subsidiary, Senao; and also through third-party retailers. Other Mobile Services The company’s other mobile services include ICT services, corporate solution and bill handling services. Internet Business The company’s Internet business includes HiNet, its ISP, Internet VAS, data communication services, Internet data center (IDC) services, and ICT and other Internet services. HiNet Internet Service As of December 31, 2015, HiNet had approximately 4.2 million subscribers. Internet VAS The company’s HiNet portal at www.hinet.net provides VAS to its customers, such as network security, Blog, travel, games, e-learning, music, video, anti-virus and links to other portals. The company charges fees for some of these services. The company also receives commissions for transactions completed on some of these other portals. The company’s Internet video portal at www.hichannel.hinet.net offers online entertainment services through the Internet. In particular, the company’s HiNet broadband (FTTx and ADSL) subscribers could access music, television programs, movies and other multimedia content on demand. Data Communication Services and IDC Services The company provides a range of managed data services, including frame relay services, asynchronous transfer mode services, and VPN services. Frame relay services provide high-speed data communications linking remote sites. Asynchronous transfer mode services are used to handle high-bandwidth, integrated voice, video, data and I


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Price/Earnings 21.2x
Price/Sales 3.9x
Price/Book 2.4x
Price/Cash Flow 21.2x
TEV/Sales 3.7x

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