Press Release: Chunghwa Telecom Reports 2026 Guidance

Dow Jones01-23

TAIPEI, Jan. 23, 2026 /PRNewswire/ -- Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) ("Chunghwa" or "the Company") today reported its guidance for 2026 on a consolidated basis. All figures were prepared in accordance with Taiwan-International Financial Reporting Standards ("T-IFRSs").

In response to rapidly evolving global dynamics and the accelerating momentum of AI technologies, resilience, and sustainability trends, the Company has established a new vision: "Igniting the Future with AI." In 2026, the Company will continue to deepen its strategic pillars of "Digital Resilience, Smart Empowerment, Sustainable Future." Guided by the principle of "AI Everywhere," the Company will enhance AI deployment, including platform architecture, computing capacity, and application expansion. Leveraging its network strengths, the Company will build a distributed AIDC infrastructure to ensure both resilience and scalability. In addition to optimizing internal operations, the Company will empower a broad range of industries, advance practical AI adoption, and accelerate market expansion.

Under the principle of "AI Everywhere," the Company has outlined three major development guidelines -- "Advancing Technology," "Expanding Business," and "Extending Footprint" -- to drive strong revenue and profit growth and achieve new operational highs.

On the technology front, the Company will strengthen cybersecurity, systems, networks, and anti--fraud capabilities to build a resilient network spanning "sea, land, satellite, and sky", reinforcing the brand value of one of the "World's Most Trustworthy Companies." By integrating IOWN's All Photonics Network with AI computing power, the Company will advance distributed AIDC, edge AI, and Pre-6G field trial, establishing a robust foundation for seamless migration to 6G technology by 2030.

On the business front, the Company will focus on IDC and cloud services, cybersecurity, Pre-6G smart applications such as the "New Three Ten-Billion driver," alongside multi-media services. The Company will actively pursue opportunities in sovereign AI, hybrid cloud, edge AI, post-quantum cryptography (PQC), digital signatures, intelligent connectivity, big data, and satellite services. Simultaneously, the Company will continue to drive growth in its content business, expanding both revenue and subscriber base for MOD and Hami Video platforms.

In terms of footprint expansion, the Company will strengthen collaboration between parent and subsidiaries, advance strategic investments in areas of emerging AI applications, sustainability transformation and cultural and creative content, and facilitate subsidiary IPOs or spin-offs. Concurrently, the Company will continue to optimize its asset portfolio by integrating sustainable building practices with intelligent management systems to enhance asset value and drive revenue generation.

In addition to advancing technology and business development, the Company continues to actively advance ESG initiatives. On the environmental front, the Company will steadily implement its decarbonization roadmap, accelerate renewable energy procurement, execute voluntary carbon offset projects, leverage IOWN technology to enhance network energy efficiency and carbon reduction, and advance biodiversity conservation efforts. On the social front, the Company will promote digital equality, establish a safe and credible digital environment, and strengthen workplace well-being and workforce resilience. In governance, beyond maintaining the ESG top tier MSCI AAA rating, the Company leads the way in aligning with the IFRS Sustainability Disclosure Standards, and adopting the ISO 37001 Anti Bribery Management System to further enhance international sustainability recognition.

For 2026, the Company expects its total revenue to increase by NT$ 5.88NT$7.57 billion, or 2.5%3.2%, to NT$241.99NT$243.68 billion as compared to the un-audited consolidated total revenue of 2025. The increase in revenue is expected to be propelled by the growth in mobile communications revenue, broadband access revenue, and data communications revenue, as well as revenue coming from the expansion of emerging businesses driven by the sustainability transformation opportunities, digital resilience opportunities, and digital economy opportunities empowered by AI.

Operating costs and expenses for 2026 are expected to increase by NT$6.54NT$7.01 billion, or 3.5%3.7%, to NT$193.99NT$194.46 billion as compared to the prior year. The increase is mainly from the strategic investments in infrastructure for future business development, human capital through expanded employee benefits, as well as the enhancement of network and security resilience driven by evolving technologies.

Income from operations is expected to range from a decrease of NT$0.41 to an increase of NT$1.11 billion, or -0.8%2.3% to NT$48.14NT$49.66 billion as compared to the prior year. Income before income tax, net income attributable to stockholders of the parent and net earnings per share are expected to be NT$48.71NT$50.23 billion, NT$37.39NT$38.94 billion and NT$4.82NT$5.02, respectively, representing a decrease of NT$0.03 to an increase of NT$1.55 billion, a decrease of NT$1.30 to an increase of NT$ 0.25 billion and a decrease of NT$0.17 to an increase of NT$0.03 respectively, year over year.

Acquisition of Property, Plant and Equipment in 2026 is expected to increase by NT$4.07 billion to NT$31.91 billion as compared to the prior year, owing to the new construction of domestic and international submarine cable, the deployment of multi-orbit satellite networks, the expansion of cloud AI internet data center, the investments in maintaining a competitive edge of mobile and fix broadband business, the enhancement regarding to the resilience of power and air conditioning equipment, as well as information security and cybersecurity infrastructure.

Mr. Chih-Cheng Chien, Chairman and CEO of Chunghwa Telecom, emphasized that the Company will uphold its corporate values of "Integrity, Trust, Innovation, Accountability" while implementing its management philosophy of "Efficiency, Pragmatism, and Intelligence." With "Resilience" and "Trust" as core principles, the Company will advance steadily to achieve exceptional results and continuously create greater value for customers, strategic partners, shareholders, and employees. In the AI era, the Company will continue serving as both an "Enabler" and "Co-creator," helping industries across all sectors complete their dual transformation toward digitalization and net-zero emissions, enhancing operational synergies, strengthening industrial competitiveness, and balancing technology with nature to drive comprehensive ESG advancement, illuminating a "Resilient Taiwan, Sustainable Future."

 
(NT$ billion except                      2025 
        EPS)             2026$(F)$     (un-audited)      change        YoY(%) 
--------------------  -------------  ------------  -------------  ------------- 
Revenue               241.99243.68        236.11      5.887.57      2.5%3.2% 
--------------------  -------------  ------------  -------------  ------------- 
Operating Costs and 
 Expenses             193.99194.46        187.45      6.547.01      3.5%3.7% 
--------------------  -------------  ------------  -------------  ------------- 
Other Income and 
Expense                   0.140.44        (0.11)      0.250.55  227.3%500.0% 
--------------------  -------------  ------------  -------------  ------------- 
Income from 
Operations              48.1449.66         48.55    (0.41)1.11    (0.8%)2.3% 
--------------------  -------------  ------------  -------------  ------------- 
Non-operating Income           0.57          1.71         (1.14)       (66.7 %) 
--------------------  -------------  ------------  -------------  ------------- 
Income before Income 
Tax                     48.7150.23         50.26  (1.55)(0.03)  (3.1%)(0.1%) 
--------------------  -------------  ------------  -------------  ------------- 
Net Income 
Attributable to 
Stockholders of The 
Parent                  37.3938.94         38.69    (1.30)0.25    (3.4%)0.6% 
--------------------  -------------  ------------  -------------  ------------- 
EPS(NT$)                  4.825.02          4.99    (0.17)0.03    (3.4%)0.6% 
--------------------  -------------  ------------  -------------  ------------- 
EBITDA                  90.2791.79         88.77      1.503.02      1.7%3.4% 
--------------------  -------------  ------------  -------------  ------------- 
EBITDA Margin           37.3%37.7%        37.6 %  (0.3%)0.1% 
--------------------  -------------  ------------  -------------  ------------- 
Acquisition of 
 Material Assets              34.27         29.71           4.56         15.3 % 
--------------------  -------------  ------------  -------------  ------------- 
    Acquisition of 
     Property, Plant 
     and Equipment 
     and Intangible 
     Assets                   31.91         27.84           4.07         14.6 % 
--------------------  -------------  ------------  -------------  ------------- 
       Others                  2.36          1.87           0.49         26.2 % 
--------------------  -------------  ------------  -------------  ------------- 
Disposal of Material 
 Assets                           -          0.91         (0.91)        (100 %) 
--------------------  -------------  ------------  -------------  ------------- 
 

Note 1: "Other income and expenses" includes gains (losses) on disposal of property, plant and equipment (PP&E) and investment property, and impairment loss on PP&E and investment property.

Note 2: The calculation of growth rates is based on NT$ thousand.

NOTE CONCERNING FORWARD-LOOKING STATEMENTS

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