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Standard & Poor maintains its ratings on CHT
By Vincent Wang
Published: Dec 12,2014
TAIPEI, Taiwan — Chunghwa Telecom (CHT) announced on Friday that Standard & Poor's Ratings Services affirmed its “AA” long-term foreign currency corporate rating on the company. The outlook is stable.
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Taiwan Ratings Corp. also affirmed its “twAAA” long-term corporate rating and “twA-1+” short-term corporate credit rating on the company. The outlook on the long-term rating is stable.
Moreover, CHT has reported net profit of NT$2.83 billion (US$92 million) on November 2014, resulting in EPS of NT$4.68 for January to November.
The company said it had 3.11 million FTTx subscribers, 1.349 million of them using download speeds of 60Mbps or above, and 5.081 million mobile Internet-access subscribers as of the end of November.
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