The Company is a telecommunications service provider in Taiwan, whose principal services include: fixed line services, cellular services and Internet and data services.
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If China and Taiwan can ever start to look the other way on financial matters (which it appears they are going to do with CHL's bid into the ROC market) this company's growth potential is huge. In the meantime, it owns the communications infrastructure of Taiwan. Big risk: What if China and Taiwan can't look the other way and the Red Army destroys this infrastructure? Well, that's why you get a 6% yield. Play on.