Chunghwa Telecom’s revenues have decreased by 4.6 % for the second quarter of 2020, according to Taiwan News. However, the company has continued working on plans for business expansion. “By the end of this year, we plan to complete more than 4000 base stations to ensure 5G coverage in major metropolitan cities and the important transportation hubs along high-speed rail and the main lines, said the company’s President and CFO, Shui-Yi Kuo during a conference call with investors, according to RCR Wireless.
On June 30, Shui-Yi Kuo avowed that the company has launched the deployment of a 5G network in more than 2000 stations across Taiwan. Commercial 5G services have been launched on the non-standalone (NSA) 5G architecture. The service is provided on the 2.1 GHz and 3.5 GHz band.
The company aims to acquire more than one million 5G subscribers over the next year. Chunghwa Telecom has selected Ericsson and Nokia as 5G RAN vendors aiming to offer to its customers quality 5G services.
Chunghwa Telecom was the first telecom operator in Taiwan to receive a license for 5G from the National Communications Commission (NCC). FarEas Tone Telecommunications has also secured a license to provide 5G services. Late July, Taiwan Star Telecom and Asia Pacific Telecom have obtained 5G licenses.
Back to January 2020, The National Communications Commission launched an auction for 5G spectrum. Telecom operators acquired 5G spectrum after paying a combined $4.68 billion.
In March 2020, Ericsson was announced as a 5G supplier to Chunghwa Telecom. On June 30, 2020, the Swedish Telecommunications Company launched commercial 5G services, the first in Taiwan, according to a press release published on July 1, 2020.
On July 29, 2020, the United States listed all five telecom providers in Taiwan as “Clean 5G” networks- a program that came about by the Center for Strategic and International Studies (CSIS).