Taiwan market: Chunghwa Telecom 1Q09 capex totals NT$4.7 billion; FET to deal out NT$2.8 dividend for 2008

Chunghwa Telecom (CHT) has disclosed that its first-quarter capital expenditure (capex) totaled NT$4.7 (US$140 million), down 13.8% on year. Of the capex, 73.6% was on fixed network infrastructure and 17% on mobile communication networks, CHT indicated.

Its rival Far EasTone Telecommunications' (FET) board of directors on April 29 decided to distribute a dividend per share of NT$2.8, all in cash, for the company's 2008 operation. FET posted net earnings per share of NT$3.12 in 2008.

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