11/10/2023

speaker
Conference Call Moderator
Call Moderator

Good afternoon, ladies and gentlemen. Welcome to Zhonghua Telecom conference call for the company's third quarter 2023 operating results. During the presentation, all lines will be on listen-only mode. When the briefing is finished, directions for submitting your questions will be given in the question and answer session. 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 CHT IR website, www.cht.com.tw slash IR, under the IR calendar section. And now I would like to turn it over to Ms. Angela Tsai, the Director of Investor Relations. Thank you. Ms. Tsai, please go ahead.

speaker
Angela Tsai
Assistant Vice President, Financial Department / Director of Investor Relations

Thank you. I'm Angela Tsai, Assistant Vice President of Financial Department of Zhongha Telecom. Welcome to our third quarter 2023 results conference call. Joining me on the call today are our Chairman Harrison Guo, President Ivan Lin, and Vincent Cheng, our Chief Financial Officer. During today's call, management will begin by providing Chairman's message, our business overview, and followed by a discussion of our segment performance and the financial results. And then we'll move on to the question and answer portion of the call. Slide two, please read. the disclaimers and notes concerning forward-looking payments. Now, without further delay, I will turn the call over to our Chairman. Chairman Guo, please go ahead.

speaker
Harrison Guo
Chairman

Thank you, Angela, and hello, everyone. Welcome to our third quarter results conference call. Songhua Telecom has been committed to staying ahead in every aspect during the ongoing market consolidation. Before our business overview, I would like to highlight our dominant spectrum asset, one of our solid advantages to sustain our leading position and the growing momentum in post-merger landscape. Currently, we are the number one when it comes to the ownership of the mainstream sub-6 gigahertz spectrum. All of the 290 megahertz sub-6 gigahertz spectrum is in use to provide tested mobile speed for our customers outstanding earth in the industry. In addition, as we have the most mobile-based stations nationwide, we are also the operator acknowledged with the largest mobile capacity, and the widest coverage in Taiwan. On top of that, our leading capabilities have exclusively completed the two-carrier aggregation of 3.5 GHz and 2.1 GHz to provide fast 5G services. with theoretical peak speed of 2 gigabits per second, far beyond the industry standard. In terms of high band of 28 gigahertz, we are now with 600 megahertz at hand, which is next to the unsolved that can use for satellite services. As we are immediately ready for low Earth orbit satellite services, we will monitor the update of spectrum releases and is confident to make another consecutive spectrum at 28 gigahertz. Contributing to the always broadband connected environment, we commit to customers To sum up, we are confident to maintain our leadership going forward, giving our better spectrum assets and outstanding network quality. Another unique strength of ours and the significant highlight during the quarter was the expansion of our international footprint to Europe. We are proud to announce our strategic collaboration with Exatel Telecom from Poland. This partnership allows us to join exploring emerging business opportunities, develop network infrastructure, and assist our clients in expanding their presence. This step marks a significant milestone, not just aligned with our strategy to replicate Taiwan's success abroad, but also solidifying our overall success and the leadership in Taiwan's telecom industry. Now I would like to hand the call over to President Lin, the business overview in the third quarter.

Disclaimer

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