Chunghwa revives buyback plans

25 Jun 2004

Taiwan’s largest telco, Chunghwa Telecom, has revealed plans to revive a buy back plan and cancel as much as a tenth of its stock, worth USD1.6 billion, in a bid to lift its earnings per share. The announcement follows the news that the Taiwan government – which owns 65% of Chunghwa – it aims to sell a 14% stake in the operator this year. Chunghwa said it will initiate the buyback after the stake is sold.

Netherlands,KPN,

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share