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The company says the launch makes it “the only telecom operator in Taiwan with overseas branches and the most comprehensive global network deployment”
Taiwanese telco Chunghwa Telecom has this week launched its first European subsidiary in Frankfurt, Germany. The expansion marks the company’s first entry into the European market, adding to its existing operations in the US and Asia.
The company plans to collaborate with local partners and use its telecommunications and ICT expertise to serve businesses in the region.
The launch event was attended by key figures from Chunghwa Telecom, including Chairman & CEO Harrison Kuo and President Ivan Lin, along with several local and international representatives.
“The EU market, comprising 27 member states, presents vast business opportunities and diverse industry developments that continue to attract global enterprises. Germany, the largest economy in the EU, serves as a gateway for multinational companies entering the European market,” noted the press release.
Taiwanese publication Focus Taiwan suggests that the move is related to Taiwan Semiconductor Manufacturing Co. (TSMC)’s establishment of an advanced fab in Germany, which broke ground last week. Chunghwa Telecom did not mention TSMC in their announcement, but did highlight the importance of supporting Taiwanese businesses abroad.
“Chunghwa Telecom’s belief is: ‘Wherever Taiwanese businesses go, Chunghwa Telecom will be there for them,’” said Kuo. “Germany, as one of the most important economic centers in Europe, attracts many Taiwanese enterprises seeking to expand their businesses. Chunghwa Telecom is committed to serving our customers anytime, anywhere.”
The new European subsidiary will use Chunghwa Telecom’s international resources and technical capabilities to offer integrated ICT solutions to both Taiwanese and European businesses.
Chunghwa Telecom also have an ongoing collaboration with EXATEL, one of the biggest three fibre network operators in Poland, to strengthen its presence in Eastern Europe. In July last year, the two companies signed a Memorandum of Understanding to share knowledge on cybersecurity, R&D projects, and SDN (Software Defined Network) technology development.
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