Taiwan Mobile Chairman Tsai Ming-kai: Aiming for NT$1 Trillion Revenue, Becoming a 'Smart and Agile Elephant'

Central News Agency, Taipei, May 29. Taiwan Mobile Chairman Tsai Ming-kai stated today that with 2025 revenue near NT$200 billion, the company 'aims to challenge the NT$1 trillion revenue mark,' which is about five times its current scale. Taiwan Mobile will strive to become a 'smart and agile elephant.' Taiwan Mobile held its 2025 shareholders' meeting today, chaired by Chairman Tsai, with the board, President Jamie Lin, and the management team attending to explain operational performance and approve a cash dividend of approximately NT$4.8 per share, the highest since 2019. Taiwan Mobile's consolidated revenue in 2024 reached NT$198.8 billion, and EBITDA hit a record high of NT$43.17 billion. Net profit after tax reached a 9-year high, and earnings per share (EPS) reached a 7-year high of NT$4.77. Chairman Tsai stated that AI is accelerating value competition in the telecom industry, moving from being a provider of infrastructure and connectivity services to a key creator supporting AI applications, enterprise upgrades, and social resilience. Addressing shareholder questions about the 'dumb pipe' issue in telecom, Tsai said, 'Of course, we don't want to be called dumb. Taiwan Mobile has scale, but it's not yet the size of a real elephant. We will continue to strive to become a smart and agile elephant.' Tsai said that only after revenue breaks the trillion mark can the market capitalization have a chance to challenge the trillion mark. Tsai also mentioned that his friend, Quanta Chairman Barry Lam, saw the potential of AI years ago, and now seeing the revolutionary changes AI brings to the world, he is full of imagination and longing for the future of himself and the company. Regarding the massive power demand brought by the AI wave, Tsai said, 'Electricity has become a political issue in Taiwan. The government promotes energy transition but fears that adjusting electricity prices, especially for residential use, will affect 'votes.' But the government should face reality bravely. I cannot say Taiwan will lack power, but we cannot escape the challenge of energy and power shortage risks. Electricity is the 'top priority.''