Chunghwa Telecom, China Telecom sign agreement to share resources

Fox Business News | February 23,2011 | Paul Mozur

TAIPEI -(Dow Jones)- Chunghwa Telecom Co. (2412.TW) said Wednesday it signed two agreements with China Telecom Corp. (CHA) to share resources.

The agreements come as China Telecom Chairman Wang Xiaochu is visiting Taiwan.

Chunghwa Telecom said in a statement its northern branch signed a memorandum of understanding with China Telecom’s Fujian province branch to develop business opportunities in Taiwan’s Western Coast Economic Zone.

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