Chunghwa Telecom

Chunghwa Telecom was officially established on July 1, 1996 as part of the Republic of China government's privatization efforts. Prior to this, it operated as a business unit of the Directorate General of Telecommunications for over 100 years. The company’s common shares have been listed on the Taiwan Stock Exchange under the number “2412” since October 2000, and its ADSs have been listed on the New York Stock Exchange under the symbol “CHT” since July 2003. In August 2005, Chunghwa Telecom became a privatized company, as the Taiwan government’s ownership was reduced to less than 50%. HiNet has been heavily criticized for being a haven for senders of email spam, which has resulted in many Internet service providers routinely blocking e-mails originating from the service. Source: Wikipedia

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