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Chunghwa Telecom Co., Ltd. (CHT) Management on Q1 2021 Results - Earnings Call Transcript

May 06, 2021 11:20 AM ETChunghwa Telecom Co., Ltd. (CHT)
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Chunghwa Telecom Co., Ltd. (NYSE:CHT) Q1 2021 Earnings Conference Call May 4, 2021 3:00 AM ET

Company Participants

Angela Tsai – Director of Investor Relations

Harrison Kuo – President and Director

Vincent Chen – Chief Financial Officer

Conference Call Participants

Sara Wang – Morgan Stanley

Neale Anderson – HSBC

Peter Milliken – Deutsche Bank

Jack Hsu – SinoPac Securities


Good afternoon, ladies and gentlemen. Welcome to Chunghwa Telecom Conference Call for the Company’s First Quarter 2021 Operating Results. [Operator Instructions] For your information, this conference call is now being broadcasted live over the Internet. Webcast replay will be available within an hour after the conference is finished. Please visit CHT IR website, www.cht.com.tw/ir, under the IR Calendar section. Now I’d like to turn it over to Ms. Angela Tsai, the Director of Investor Relations. Ms. Tsai, please go ahead.

Angela Tsai

Thank you. This is Angela Tsai, Director of Investor Relations for Chunghwa Telecom. Welcome to our first quarter 2021 results conference call. Joining me on the call today are: Harrison Kuo, our President: and Vincent Chen, our Chief Financial Officer. During today’s call, management will begin by providing an overview of our business from this quarter, followed by a discussion of operational and financial highlights. After we will move on to the question-and-answer session. On Slide 2, please note our safe harbor statement. Now, I will turn the call over to President Kuo. President Kuo, Please, go ahead.

Harrison Kuo

Thank you, Angela Tsai. Hello, everyone, welcome to our first quarter 2021 results conference call. Let’s begin on Slide 4. In the first quarter of 2021, mobile business continued to be the main focus in the market. We’ve set a target of accumulating 2 million 5G subscribers at the end of this year. And we are glad to report the number of our 5G sign ups are

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