Fiber-based network expansion, increasing 4G wireless subscribers base and attempts toward 5G network development drive Chunghwa Telecom (CHT). The growing demand for smartphones is another tailwind.
The last week looked like a bad spell for the telecom sector. Almost all major telecom stocks lost value in line with the broader market (the S&P 500) movement.
The Mobile Communications segment of Chunghwa Telecom Co. Ltd. (CHT) accounted for approximately $962.1 million of the total revenues in fourth-quarter 2017, up 2.1% year over year.
The telecom industry witnessed strong performances by most of the key stocks last week.
Nokia (NOK) extends ViTrust critical communications portfolio with services enabling public safety agencies capitalize on real-time video reliability and mission-critical broadband apps with LTE.
North Korea-related tensions weighed on stocks across the world last week.
Despite weak Q2 results, Chunghwa Telecom Co. Ltd. (CHT) gained significant number of FTTX and mobile internet subscribers.
The telecom industry witnessed a pretty unremarkable week with earnings being the sole highlight.
U.S. Geothermal Inc. (HTM) shares rose over 7% in the last trading session.