Chunghwa Telecom targets China's 3G market

   Date:2007/04/20

Taiwan's Chunghwa Telecom is reportedly eyeing China's 3G arena, hoping to get a piece of the action via alliances with local companies. This is according to a Financial Times report, which quoted Chunghwa Telecom chairman Hochen Tan saying that the company plans to partner with China Telecom and China Netcom once the two operators receive 3G licences. Chunghwa Telecom expects Chinese-language data content to be a major future growth driver.

The plan though is at odds with Taiwan government regulations, which restricts such kind of investments. Tan said, as quoted by FT, that he has started to lobby the government on relaxing such restrictions. "It will be a window. Once it closes, there will be no other big good opportunities," Tan said of the China market.

Tan also said that Chunghwa Telecom plans to grab an indirect stake in a small mainland telco company through a third-country holding, as well as to invest in telecom operators in Vietnam, Thailand, Cambodia and Indonesia.

 

Source:佚名

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