CHUNGHWA TELECOM CO Business Summary

Chunghwa Telecom Co., Ltd. (CHT) is Taiwan's dominant integrated telecommunications provider, operating a diversified revenue model centered on subscription-based mobile and fixed-line services, data communications, and rapidly expanding ICT solutions. The company is organized into three primary segments: Consumer Business, which drives the majority of revenue through 5G mobile plans and high-speed fiber broadband; Enterprise Business, focusing on high-growth emerging technologies including cloud computing, AI-driven cybersecurity, and big data analytics; and International Business, which manages global connectivity and submarine cable infrastructure. As of early 2026, Chunghwa maintains its market-leading position with over 40% mobile revenue share and a near-monopoly in the fixed-line market. Its primary direct competitors are Taiwan Mobile and Far EasTone, following a period of market consolidation that established a "Big Three" oligopoly. Chunghwa distinguishes itself through its superior network resilience, extensive 5G coverage, and a strategic pivot toward "AI Everywhere" to capture sovereign AI and edge computing opportunities. Formally established in 1996 as a corporatized entity from the government's Directorate General of Telecommunications (DGT), the company was steered through its transition by first chairman Steven Chen and former MOTC official Dr. Chi-Kuo Mao. The current leadership team is led by Chairman and CEO Chih-Cheng Chien, a Ph.D. in Electronic Engineering with deep expertise in network technology and international operations. He is supported by President Rong-Shy Lin, a Ph.D. in Computer Science and former CTO/CISO, and Senior EVP & CFO Audrey Wen-Hsin Hsu, a distinguished accounting professor and financial expert. Chih-Hsiung Huang serves as the Senior EVP and CTO, overseeing the company's 6G and satellite communication roadmaps. Chunghwa Telecom remains a state-controlled enterprise, with the Ministry of Transportation and Communications (MOTC) of Taiwan holding a controlling stake of approximately 35.29%, alongside significant institutional backing from global entities such as State Street and Vanguard.