Taiwan's Chunghwa Telecom is aiming for full-year 2009 revenue of 183.4 billion Taiwanese dollars (5.58 billion US dollars), compared with 201.67 billion Taiwanese dollars in 2008, according to a Dow Jones Newswires summary of local newspaper reports. The company is also reported to be aiming for 1% to 2% growth in annual revenue from 2010, targeting at 191.30 billion Taiwanese dollars by 2013.
Chunghwa Telecom has also decided to cut capital expenditure for the next five years to between 28 billion to 30 billion Taiwanese dollars per year, compared with more than 30 billion for the last few years, the report said. source: Total Telecom/Dow Jones Newswires
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