Chunghwa Telecom to allocate 15-17% of revenues for capex over next 2-3 years
Chunghwa Telecom (CHT) will set aside an annual budget of NT$30-32 billion (US$880-940 million) for capital expenditure (capex) from 2009 to 2010 or 2011, with the amount estimated to account for 15-17% of annual revenues, according to the company.
The capex will focus on upgrading and expanding infrastructure for 3G, 3.5G, IP-based NGN (next-generation network), and FTTx, CHT said.
CHT will focus non-operating investment on overseas telecom markets, especially Vietnam and China, company chairman Shyue-ching Lu said.
CHT in May 2008 set up a joint venture with Viettel, a telecom carrier in Vietnam, to provide Internet data center service in the market there, Lu indicated.
CHT has been in contact with the top-three mobile telecom carriers in China - China Mobile Communications, China United Telecommunications and China Telecom - for possible cooperation in the future, Lu noted.
The capex will focus on upgrading and expanding infrastructure for 3G, 3.5G, IP-based NGN (next-generation network), and FTTx, CHT said.
CHT will focus non-operating investment on overseas telecom markets, especially Vietnam and China, company chairman Shyue-ching Lu said.
CHT in May 2008 set up a joint venture with Viettel, a telecom carrier in Vietnam, to provide Internet data center service in the market there, Lu indicated.
CHT has been in contact with the top-three mobile telecom carriers in China - China Mobile Communications, China United Telecommunications and China Telecom - for possible cooperation in the future, Lu noted.
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