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Company Description

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21-3 Hsinyi Road

Section 1

Taipei, 100




siness strategies are to focus on its core strengths while expanding its scope of services to capture new growth opportunities, such as broadband services, mobile communications, Internet services, and emerging services; emphasize quality of service and customer satisfaction; expand its business through alliances, acquisitions and investments; and maintain focus on improving stockholder value. Competition Internet: The company’s primary competitors in Internet services are other Internet services providers, including SeedNet and TWM Broadband. International Fixed Communications: The company’s major competitors are TWM Broadband; New Century Infocomm Tech. Co., Ltd.; and Asia Pacific Telecom. Its international long distance services compete with international long distance resale services and VoIP services, such as those provided by Line and Skype. History Chunghwa Telecom Co., Ltd. was founded in 1996. The company was incorporated in 1996 in the Republic of China pursuant to the Article 30 of the Telecommunications Act.


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Valuation CHT Industry Range
Price/Earnings 20.4x
Price/Sales 3.8x
Price/Book 2.5x
Price/Cash Flow 20.4x
TEV/Sales 3.6x

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