Taiwan's Chunghwa Telecom has announced that its third-quarter revenues fell by 2.3% to NT$54.40 billion (US$1.86 billion), hurt by declines in landline and internet services.
Mobile communications revenue increased by 4.7% to NT$24.88 billion, while internet revenue decreased by 6.1% to NT$6.05 billion and landline revenue decreased by 7.7% to NT$18.94 billion.
Net income totaled NT$10.2 billion (US$348 million), representing a 14.6% decrease. The operating margin was 22.2%, compared to 24.9% in the same period of 2011.
"We are pleased with our third quarter financial results and we remain on track to meet our full year financial guidance," commented Dr. Shyue-Ching Lu, Chairman and Chief Executive Officer of Chunghwa Telecom. " On the mobile front, we continued to maintain our leadership with the largest customer base and highest customer loyalty in Taiwan, delivering over 51.5% year-over-year growth in mobile internet services revenue."
Total capex for the third quarter of 2012 amounted to NT$8.33 billion, representing a 25.0% year-over-year increase. Total capex was comprised of; 56.9% domestic fixed communications, 19.2% mobile, 13.7% internet, 8.7% international fixed communications, and the remainder was for other uses.