CHT-I and Concert to provide global managed network services in Taiwan

TAIPEI-HONG KONG, MAY 15, 2000, - Chunghwa Telecom's International Business Group (CHT-I) and Concert, the US$7 billion global venture of AT&T and BT, announced their agreement to provide global managed data network services in Taiwan.

As part of this agreement, CHT-I will offer multi-national customers in Taiwan value-added networking products and services. The initial service offering will include Concert Packet Service, Concert Frame Relay Service and Concert Remote Access Service - data services designed to offer both flexible and extensive global reach.

An established working partner for Concert in Taiwan, CHT-I has provided network support and leased line services throughout the country since 1995.

"Working in close cooperation with Concert, we will be able to provide highly tailored service offerings that suit the specialized needs of each of our customers. We will also be able to extend these services to a larger group of multi-national customers," said Dr. Shen, President of CHT-I.

With a network that extends to 170 cities in 55 countries, Concert's Frame Relay service offers a managed data-networking environment for global business applications. The Concert Remote Access service offers executives working remotely high quality connectivity to their company's local data network from over 50 countries throughout the world.

Concert Packet service is a managed data network service that provides a comprehensive, seamless suite of global solutionsincluding cost-effective connectivity, global as well as local support, technical support and consolidated billing.

Concert has a complete portfolio of managed global communications platforms designed to meet the growing demand for integrated voice, data and internet services. CHT-I and Concert intend to explore additional opportunities to introduce these services in Taiwan throughout the coming year

About Concert

Concert a $7 billion global venture of AT&T and BT, serves the global communications needs of business customers worldwide. It provides wholesale transborder services to fixed and wireless carriers, including AT&T and BT, as well as Internet Service Providers worldwide. In addition, Concert offers a comprehensive portfolio of voice, data and internet services to customers through a direct sales force serving 270 multinational customers (MNCs). Through its network of 47 distributors, it also serves an additional targeted base of 29,000 customers worldwide.

Concert's frame relay network serves every major city in the United States and the United Kingdom, and extends to an additional 170 cities in 53 countries. Its global public network directly reaches 237 countries, and its high-speed Internet Protocol (IP) backbone network spans 21 cities in 17 countries.

About International Business Group of Chunghwa Telecom Co., Ltd.

On 1st July 1996, the Directorate General of Telecommunications (DGT) of the Ministry of Transportation and Communications was reorganized as Chunghwa Telecom Co., Ltd. the largest telecom company in Taiwan, offering the domestic and International Telecom Services. In 1999, Chung Hwa Telecom's revenue reached about NT$193 billion with 34,748 employees.

One of the eight groups within Chunghwa Telecom Co., Ltd., the International Business Group of Chunghwa Telecom (CHT-I) provides international telecom services to its customers. Striving to meet the growing demands of multi-national corporations in Taiwan, CHT-I offers the most efficient services at competitive prices such as reduced IDD rates, and its own Super eCall and Internet Gateway services.