Taiwan Mobile forecast continued pressure on its bottom-line in 2020 as it plans to double network capex year-on-year to fuel its 5G deployment.

The operator expects its profit to decline 11 per cent to TWD11.2 billion ($374 million), with revenue growth tipped at 8 per cent.

In an earnings call, Taiwan Mobile president Jamie Lin said profitability from investments in 5G, cloud gaming and streaming content will take time to kick in.

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Originally posted by:

Joseph Waring

www.mobileworldlive.com

March 6th, 2020