1、Annual Report 2011TSE:2412NYSE:CHTRespect the earth.Printed on environmentally friendly paper using soy inksCHT annual report is available at http:/.tw/irTaiwan Stock Exchange Market Observation Post System http:/.twPrinted on April 20,2012前 瞻創 新 打 造 數 位 生 活ALWAYSAHEADOperating and Financial Summary
2、Revenues(in million NT$)Operating Cash Flow(in million NT$)Net Income(in million NT$)Cash Return(a)(b)(in billion NT$)Broadband Market Share(e)Mobile Subscriber Market Share(e)Source:Company data,MOTC,and NCC statistics.Note:(a)The cash return was calculated based on cash dividend and cash return fr
3、om capital reduction.(b)1 ADR=10 common shares(c)Access circuits not included.(d)Including 2G,3G and PHS.(e)Figures shown as of Dec.2011(c)(d)Letter to Shareholders To all of our shareholders,2011 marked another year of continued execution across our core business segments and significant progress o
4、n our key long-term growth drivers.Against a global backdrop of new technology advances and ongoing adoption of more intelligent,integrated and innovative fixed-line and mobile broadband applications by both consumers and businesses,Chunghwa Telecom solidified its position as the most trusted and re
5、liable telecom company in Taiwan.Our key focus in 2011 remained on the expansion of our customer base for fixed-line and mobile broadband solutions,and further development of our value-added service(VAS)offering.In addition,we made significant progress on the roll-out of our Multimedia-on-Demand off
6、ering(MOD).We are proud to announce that we achieved significant milestones in many of our key focus areas,having reached over 1 million customers for our MOD service and over 10 million subscribers in our mobile business,representing a new record in Taiwan.Leveraging on the solid progress on our co