1、TSE:2412NYSE:CHTAnnual Report 2009CHT annual repot is available at http:/.tw/irTaiwan Stock Exchange Market Observation Post System http:/.twPrinted on April 20,2010 Revenues(in millions NT$)Operating Cash Flow(in millions NT$)OPERATING AND FINANCIAL SUMMARYBroadband Market ShareNet Income(in millio
2、ns NT$)Dividend Yield(a)Chunghwa Telecom,34.4Other Operator 65.6(c)Chunghwa Telecom 83.0(b)Mobile Subscriber Market ShareSource:Company data,MOTC,and NCC statistics.Note:(a)Calculated based on cash dividend and cash return from capital reduction.Stock dividend was not included.(b)Access circuits not
3、 included.(c)Including 2G,3G and PHS.(d)Figures shown as of Dec.2009.(e)Revenues,operating cash flow,and net income are based on consolidated data.0Letter to ShareholdersTo all of our shareholders,There is no doubt that 2009 was a challenging year but it was not without its bright spots.The eco-nomi
4、c climate was difficult,competition in Taiwan for mobile services and broadband access was fierce and we faced the tragic impact of Typhoon Morakot in southern Taiwan.Despite these factors,we are proud to have sustained our overall market leadership position in our Mobile,Internet and Fixed Line Bus
5、inesses,and we think it is fair to say that we finished the year in a much better position than we started.We implemented cost controlling initiatives in response to the economic conditions,while also offering enhancements to our value-added services(“VAS”),MOD/IPTV offering and key Enterprise so-lu
6、tions.We are firmly committed to investments in innovation,and,moving forward,we plan to further enhance our VAS,accelerate our fiber deployment and further enrich our MOD/IPTV content in order to continue our growth momentum.Mobile Customers Demand High-Quality Access and Services to Meet Increasin