Tuesday, July 14, 2009

Chunghwa Predicts Revenue Slip

Taiwan's largest phone company, Chunghwa Telecom, expects its revenue in the third quarter to fall 2% year-on-year to 45.85 billion Taiwanese dollars (1.39 billion US dollars), due to the economic slowdown, stiffer competition and tariff reductions imposed by the telecom regulator, according to Dow Jones Newswires. source: Total Telecom/Dow Jones

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