Monday, July 27, 2009

Taiwan market: Chunghwa Telecom expects slight revenue drop for 2009

Chunghwa Telecom (CHT) has internally estimated its 2009 revenues at NT$183.4 billion (US$5.6 billion), decreasing by 1.76% from 2008, according to industry sources.

CHT has also lowered the target number of MOD (multimedia on demand) subscribers for 2009 from one million to 850,000, according to the Chinese-language newspaper Economic Daily News (EDN).

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