Chunghwa Telecom Soars In 3Q11
Chunghwa Telecom Co. Ltd. (NYSE:CHT) declared solid financial results for the third quarter of 2011. Quarterly total revenue was approximately $1,900 million, up 9.5% year over year. This improved performance was the combined result of increasing smartphone sales with continuously growing revenue from both mobile and Internet value-added services (VAS). In the previous quarter, smartphones [...]
Chunghwa Telecom Co. Ltd. (NYSE:CHT) declared solid financial results for the third quarter of 2011. Quarterly total revenue was approximately $1,900 million, up 9.5% year over year.
This improved performance was the combined result of increasing smartphone sales with continuously growing revenue from both mobile and Internet value-added services (VAS). In the previous quarter, smartphones constituted 45% of total handsets sold by Chunghwa.
Third-quarter GAAP net income was approximately $406.8 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards