Chunghwa Telecom of Taiwan ended 1Q08 with 435 thousand MOD IPTV subscribers. This is an increase of 41 thousand in the quarter and a growth of 52.7 percent over the previous 12 months.
Chunghwa's MOD IPTV service increased its video on demand library to 5,000 hours, an increase of 500 hours in the quarter. It also offers more than 60 broadcast chanels. It plans to add HD for the Beijing Olympics and Major League Baseball.
Chunghwa now has 634.5 thousand FTTx subscribers, which is up 97.7 thousand in the quarter and 391.3 thousand over the previous 12 months.
IPTV continues to grow steadily. It should easily add more subscribers in 2008 than the 150 thousand it added in 2007.
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