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February 22, 2012 4:00 am ET
Fu-fu Shen – Director, Investor Relations
Shyue-Ching Lu – Chief Executive Officer
Shaio-Tung Chang – President
Shu Yeh – Chief Financial Officer
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
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
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.