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Taiwan Mobile hosted a media luncheon under the theme “Tech-Telco Aircraft Carrier Leading the AI Era: New Business Fighters Powering Growth Engines.” Led by President Jamie Lin, the management team outlined the Company’s three-tier “Telco+Tech” upgrade strategy, demonstrating how Taiwan Mobile is building on its resilient Telco core business, integrating inherent telecom advantages to expand into AI, cybersecurity, and cloud-based enterprise services (Telco+), while simultaneously developing Web3 and TelcoFin new technology businesses (Telco+Tech) to drive growth across three dimensions.
In response to the rapid evolution of AI and cross-industry innovation, Taiwan Mobile continues to strengthen its telecom foundation while leveraging new growth engines such as Web3 and TelcoFin. This multi-pronged approach is transforming the Company into a diversified growth powerhouse, accelerating from stable telecom operations to enterprise service enablement and AI-driven technology businesses.
In 2024, Taiwan Mobile achieved consolidated revenue of NT$199.4bn, an increase of NT$66.5bn over five years, while EPS reached NT$4.57, the highest in six years. In 1Q25, telecom operating profit grew 30% YoY — the strongest in seven years — with net income up 23% YoY. As Taiwan Mobile upgrades into a technology-driven aircraft carrier, it continues to showcase industry-leading competitiveness and innovation momentum, marking a new milestone for Taiwan’s telecom sector in the AI era and advancing steadily toward its goal of becoming a regional Tech-Telco group.
President Jamie Lin: “Telco+Tech” Drives Comprehensive Evolution — From Solid Foundation to Advanced Technology, Elevating User Experience and Sustainability
Taiwan Mobile President Jamie stated that Taiwan Mobile is a Tech-Telco aircraft carrier powered by AI, operating across three dimensions through its three-tier “Telco+Tech” upgrade strategy to drive corporate evolution from a stable foundation, to industry enablement, and ultimately to advanced technology innovation.
Jamie emphasized that the power of AI not only drives industrial transformation but also enhances everyday life and advances sustainability. Entering the second full year since the merger with Taiwan Star, Taiwan Mobile continues to leverage its 10 million user base to launch proprietary, user-centric solutions that elevate customer value.
He further stressed that a company’s true value goes beyond financial performance, it lies in its commitment to society and the planet. Beginning in 2025, Taiwan Mobile has raised the proportion of senior executives’ variable compensation tied to ESG performance from 30% to 100%, embedding sustainability governance at the core of operations. “Our dual vision is to harness technology innovation to enhance user experience, while standing as a benchmark for international sustainability,” Jamie concluded.
CFO George Chang: Record-High Revenue and Profit, Growth Momentum Outpaces Industry — “Telco+Tech” Strengthens Financial Resilience
Taiwan Mobile CFO and Spokesperson George Chang noted that in the first five months of 2025, Taiwan Mobile’s total telecom revenue, operating profit, and net income all recorded YoY growth ahead of industry peers — underscoring the resilience and financial synergies driven by the Telco+Tech strategy.
In 1Q25, telecom operating profit rose 30% YoY, hitting a seven-year high, while net income increased 23% YoY. Mobile service revenue grew 2% YoY to NT$16.24bn, with smartphone ARPU steadily improving. Postpaid 4G subscribers who renewed and migrated to 5G plans saw their average monthly fees rise by 45%, clearly demonstrating the value-accretive effect of upgrade packages.
George emphasized that in 2024, Taiwan Mobile’s consolidated revenue and EBITDA both reached record highs, while free cash flow grew 20% YoY. This reflects the Company’s strong profitability, robust financial flexibility, and resource allocation capability. “With our solid financial foundation and customer engagement strength, Taiwan Mobile is well-positioned to continue investing in AI, cloud, Web3, and international expansion, while delivering sustainable long-term returns to shareholders,” he added.
