TAIPEI: Taiwanese operator Taiwan Mobile saw its net income grow 5 percent year-on-year to TWD 3.96 billion in the first quarter of 2017. Revenues slightly declined by 1 percent year-on-year, plunging 6 percent quarter-on-quarter, to TWD 28.84 billion for the three months to 31 March 2017. EBITDA was flat year-on-year at TWD 8.44 billion.
Fourth-quarter mobile service revenue fell 2 percent year-on-year to TWD 16.02 billion, while telecom service revenue also declined 2 percent to TWD 17.17 billion. Taiwan Mobile’s mobile subscriber base slightly declined to 7.38 million customers at 31 March 2017 from 7.43 million users at end-2016 and 7.43 million in the first quarter of 2016. The operator also had 581,000 pay-TV subscribers at the end of the first quarter of 2017, down from 588,000 users in the year-earlier period. Taiwan Mobile ended March 2017 with 205,000 cable broadband customers, up 3 percent year-on-year.
