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Sat, Oct 09, 2004 - Page 11　News List

Taiwan Cellular says its profits to boom this year

COMEBACK After two grim years, the mobile-phone services company, which is under new management, says this year it expects profits as high as 30 percent

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"Taiwan Cellular hasn't raised ARPU levels in the way one would expect," said Dominic Grant, an analyst with Macquarie Securities Ltd. in Taipei. The company has forecast that its gain in second-half profit will slow from the first half, he said.

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