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Chunghwa Telecom

Chunghwa Telecom

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NYSE:CHT
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About Chunghwa Telecom

Chunghwa Telecom Company, Ltd. is the largest telecommunications company in Taiwan and the incumbent local exchange carrier of PSTN, Mobile, and broadband services in the country. Chunghwa Telecom was founded as a company on June 15, 1996 as part of the Taiwanese government's privatization efforts. Prior to this, it was operated as a business unit of the Directorate General of Telecommunications for over 100 years. The company's common shares have been listed on the Taiwan Stock Exchange under the number "2412" since October 2000, and its ADSs have been listed on the New York Stock Exchange under the symbol "CHT" since July 2003. In August 2005, Chunghwa Telecom became a privatized company, as the Taiwan government's ownership was reduced to less than 50%.

About this recipe

Chunghwa Telecom is the largest telecommunication service provider in Taiwan and one of the largest in Asia in terms of revenue. In terms of both revenue and customers, Chunghwa is Taiwan's largest provider of fixed-line services, mobile services, broadband access services, and Internet services.[citation needed] The company also provides information and communication technology services to corporate customers.

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