Chunghwa Telecom Co., Ltd. (NYSE:CHT) Q3 2023 Earnings Conference Call November 2, 2023 3:00 AM ET

Company Participants

Angela Tsai - Director of Investor Relations

Harrison Kuo - Chairman and CEO

Chau-Young Lin - President

Vincent Chen - Chief Financial Officer

Conference Call Participants

Neale Anderson - HSBC

Operator

Good afternoon, ladies and gentlemen. Welcome to Chunghwa Telecom Conference Call for the company's Third Quarter 2023 Operating Results. During the presentation all lines will be on listen-only mode. [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.

And now I would like to turn it over to Ms. Angela Tsai, the Director of Investor Relations. Thank you. Ms. Tsai, please go ahead.

Angela Tsai

I'm Angela Tsai, Assistant Vice President of Financial Department of Chunghwa Telecom. Welcome to our third quarter 2023 results conference call. Joining me on the call today are our Chairman, Harrison Kuo; President, Ivan Lin; and Vincent Chen, our Chief Financial Officer.

During today's call, management will begin by providing Chairman's message, our business overview and followed by a discussion of our segment performance and the financial results and then we will move on to the question-and-answer portion of the call.

Slide 2, please read the disclaimers and note concerning forward-looking statements. Now without further delay, I will turn the call over to our Chairman. Chairman Kuo, please go ahead.

Harrison Kuo

Thank you, Angela, and hello, everyone. Welcome to our third quarter results conference call. Chunghwa Telecom has been committed to staying ahead in every aspect during the ongoing market consolidation. Before our business overview, I would like to highlight our dominant spectrum assets. One of our solid advantages to sustain our leading position and the growing momentum in post-merger landscape.

Currently, we are the #1 when it comes to the ownership of the mainstream sub 6 gigahertz spectrum. All of the 290 megahertz sub 6 gigahertz spectrum is in use to provide fastest mobile speed for our customers, outstanding us in the industry. In addition, we have the most mobile-based stations nationwide. We are also the operator [indiscernible] with the largest mobile capacity and the widest coverage in Taiwan.

On top of that, our leading -- our leading capabilities have exclusively completed the two-carrier aggregation of a 3.5 gigahertz and 2.1 gigahertz to provide fastest 5G services with theoretical peak speeds of 2 gigabits per second, far beyond the industry standard.