Chunghwa Telecom plans to spend nearly $4b over the next five years to upgrade networks and build a new undersea cable system.(TAIPEI)

Wireless Asia, January, 2007

Chunghwa Telecom plans to spend nearly $4b over the next five years to upgrade networks and build a new undersea cable system. The spending plans were in place before an earthquake off Taiwan's southern coast damaged data transmission cables, disrupting telephone and Internet links across Asia.