tiprankstipranks

Chunghwa Telecom Invests in E2A Submarine Cable to Boost Connectivity

Story Highlights
Chunghwa Telecom Invests in E2A Submarine Cable to Boost Connectivity

Confident Investing Starts Here:

Chunghwa Telecom Co ( (CHT) ) has shared an announcement.

On March 21, 2025, Chunghwa Telecom Co., Ltd. announced its joint investment with other network service providers in the construction of the E2A submarine cable. This strategic move, with Chunghwa Telecom investing over NT$ 4.6 billion, aims to enhance international transmission bandwidth and diversify cable routes, thereby optimizing telecom services for customers. The supplier for the project is Alcatel Submarine Networks, and the investment reflects Chunghwa Telecom’s commitment to improving its infrastructure and service offerings in the competitive telecommunications industry.

More about Chunghwa Telecom Co

Chunghwa Telecom Co., Ltd. is a leading telecommunications company based in Taipei, Taiwan. It provides a wide range of services including fixed-line, mobile, and broadband internet services, focusing on enhancing connectivity and communication solutions for its customers.

YTD Price Performance: 4.89%

Average Trading Volume: 107,881

Technical Sentiment Signal: Strong Sell

Current Market Cap: $30.35B

Find detailed analytics on CHT stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App