Chunghwa Telecom Co. Ltd. (CHT)

Q1 2011 Earnings Call

April 28, 2011 8:00 AM ET

Executives

Fu-fu Shen – Director, Investor Relations

Shyue-Ching Lu – Chairman and CEO

Shaio-Tung Chang – President

Yeh Shu – Chief Financial Officer

Analysts

May Lin – Yuanta

Ravi Sarathy – Citi

Joseph Quinn – Macquarie

Leping Huang – Nomura

Presentation

Operator

Good evening, ladies and gentlemen. Welcome to Chunghwa Telecom Conference Call for the Company Q1 2011 Operating Result. During the presentation all lines will be in listen-only mode. When the briefing is finished direction for submitting your questions will be given in the question-and-answer section.

For your information, this conference call is now being broadcast 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 Investor section.

Now, I would like to turn it over to Fu-fu 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 first quarter 2011 results conference call. Joining me today are – 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 for the first quarter 2011. This will be followed by Q&A. Before we continue, please note our Safe Harbor statement on slide one.

Now, I would like to turn the call over to Chairman, Lu.

Shyue-Ching Lu

Thank you, Fu-fu. Hello, everyone. This is Shyue-Ching Lu, Chairman of Chunghwa Telecom. Thank you all for joining our first quarter 2011 earnings results conference call. On slide number two, total consolidated revenue for the first quarter of 2011 amounted to NT$5.2 billion.

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