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The latest announcement is out from Chunghwa Telecom Co ( (CHT) ).
On June 27, 2025, Chunghwa Telecom Co., Ltd. announced its joint investment with other network service providers in the construction of the AUG submarine cable. This strategic investment, with Chunghwa’s contribution exceeding NT$ 2.4 billion, aims to increase international transmission bandwidth and diversify cable routes, thereby enhancing telecom services for customers. The project involves collaboration with NEC as the supplier, selected through an open bid process, and signifies a significant step in strengthening the company’s infrastructure and market positioning.
Spark’s Take on CHT Stock
According to Spark, TipRanks’ AI Analyst, CHT is a Outperform.
Chunghwa Telecom’s strong financial performance and positive earnings call insights drive the overall score. While the technical analysis suggests short-term strength, high valuation metrics pose potential risks. The robust market position and strategic growth in the ICT sector are key strengths.
To see Spark’s full report on CHT stock, click here.
More about Chunghwa Telecom Co
Chunghwa Telecom Co., Ltd. is a leading telecommunications company based in Taiwan, providing a wide range of services including fixed-line, mobile, and broadband services. The company is focused on enhancing its network infrastructure to optimize telecom services for its customers.
Average Trading Volume: 153,188
Technical Sentiment Signal: Buy
Current Market Cap: $36.39B
See more insights into CHT stock on TipRanks’ Stock Analysis page.