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MarketScreener Homepage  >  Equities  >  Taiwan Stock Exchange  >  Chunghwa Telecom Co., Ltd.    2412   TW0002412004

CHUNGHWA TELECOM CO., LTD.

(2412)
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Telefonaktiebolaget LM Ericsson publ : Chunghwa Telecom launches commercial 5G in Taiwan

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07/02/2020 | 07:26am EDT

Ericsson 5G RAN and core network solutions are in live commercial use in Chunghwa Telecom's (CHT) 5G network in Taiwan.

The communications service provider launched commercial services, the first in Taiwan, on June 30.

NEWS

Evening cityscape view of Taipei, Taiwan.

Evening cityscape view of Taipei, Taiwan.

Ericsson was announced as a 5G supplier to Chunghwa Telecom in March 2020. Ericsson has deployed Ericsson Radio System 5G non-standalone technology on the 3.5GHz and 2.1GHz bands for CHT. Ericsson is also the sole provider of CHT's 5G Core network.

In addition to providing enhanced mobile broadband services for mobile subscribers, CHT is developing 5G application uses for industries. Use cases include enterprise private networks, augmented reality for enterprises, smart transportation, smart ambulance/remote care, smart equipment inspection and smart metering.

Chunghwa Telecom becomes Ericsson's 42nd live 5G network across 25 countries. Ericsson has 95 commercial 5G agreements or contracts with unique communications service providers globally, of which 55 are publicly announced 5G deals.

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2020 208 B 7 066 M 7 066 M
Net income 2020 31 739 M 1 077 M 1 077 M
Net cash 2020 2 543 M 86,3 M 86,3 M
P/E ratio 2020 27,6x
Yield 2020 3,59%
Capitalization 865 B 29 407 M 29 361 M
EV / Sales 2019
EV / Sales 2020 4,14x
Nbr of Employees 21 661
Free-Float 58,9%
Chart CHUNGHWA TELECOM CO., LTD.
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Chunghwa Telecom Co., Ltd. Technical Analysis Chart | MarketScreener
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Technical analysis trends CHUNGHWA TELECOM CO., LTD.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus UNDERPERFORM
Number of Analysts 15
Average target price 94,12 TWD
Last Close Price 112,00 TWD
Spread / Highest target -5,36%
Spread / Average Target -16,0%
Spread / Lowest Target -28,6%
EPS Revisions
Managers
NameTitle
Shui-Yi Kuo President, GM & Chief Financial Officer
Chi-Mau Sheih Chairman
Shin Yi Chang Director
Cheng Jan Chen Independent Director
Lou Yu Yan Independent Director
Sector and Competitors