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Chunghwa Telecom's CEO Discusses Q4 2011 Results - Earnings Call Transcript

Chunghwa Telecom Co., Ltd ( CHT)

Q4 2011 Earnings Call

February 22, 2012 4:00 am ET

Executives

Fu-fu Shen – Director, Investor Relations

Shyue-Ching Lu – Chief Executive Officer

Shaio-Tung Chang – President

Shu Yeh – Chief Financial Officer

Analysts

Danny Chu – Nomura

Chate Benchavitvilai – Credit Suisse (Hong Kong) Limited

Joseph Quinn – Mcquarie Securities

May Lin – Yuanta

Steven Liu – Standard Chartered Bank (Hong Kong)

Gary Yu – Morgan Stanley

Sydney Zhang – Bank of America/Merrill Lynch

Piyush Mubayi – Goldman Sachs

Presentation

Operator

Good evening, ladies and gentlemen. Welcome to the Chunghwa Telecom Co., Teleconference Call for the Company’s 2011 Operating Results. During the presentation, all lines will be in listen-only mode. When the briefing the finished, directions for submitting your question will be in the question-and-answer session.

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 www.cht.com.tw/ir under the In Focus section.

Now, I would like to turn it over to Fufu Shen, the Director of Investor Relations. Thank you. Ms. Shen, please go ahead

Fu-fu Shen

Thank you. This is Fu-fu Shen, Investor Relations Director of Chunghwa Telecom. Welcome to our full year 2011 results conference call. Joining me on the call today are Dr. Lu, Chairman and CEO, Mr. Chang, President, and Dr. Yeh, CFO.

During today’s call, management will discuss business, operational and financial highlights. This will be followed by Q&A. Before we continue, please note our Safe Harbor Statement on slide 2. Now, I would like to turn the call over to Chairman, Lu.

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