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Chunghwa Telecom to allocate 15-17% of revenues for capex over next 2-3 years

Harris Lin, Taipei; Adam Hwang, DIGITIMES Asia Tuesday 31 March 2009 0

Chunghwa Telecom (CHT) will set aside an annual budget of NT$30-32 billion (US$880-940 million) for capital expenditure (capex) from 2009 to 2010 or 2011, with the amount estimated to account for 15-17% of annual revenues, according to the company.

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