Vincent Chen: Okay. So for the first question for the nonmobile, right, so actually, the IDC investment increased by about 10% and more. So that’s the increase in the non-mobile CapEx. And for the international projection and targets, so actually we don’t disclose figures, but we do have some orders in hand. That’s why we deploy our staff and resources overseas. Thank you.
Rajesh Panjwani: Just a follow-up on this. So, I’m not asking for numbers. I’m like what is the kind of projects that you are likely to do in the international markets going forward? Can you give us some idea of that? And also, you said the IDC investment has increased by 10%, but your non-mobile CapEx is going up by 25%, which means that investment in non-IDC areas is probably even higher. So, can you give us some breakup of that? And also whether the CapEx is likely to remain at an elevated level beyond 2024 also?
Vincent Chen: Yeah. For the CapEx, right, actually the undersea cable also increased a lot. So, these are the two big ones. For the regular like fixed-line, actually it just increased at a steady rate. As for the international projects, right, so basically we help our customers to deploy their not only the CT but also ICT business in Europe and in U.S. and in Japan, in these overseas areas. So, currently, we cater to many Taiwanese clients, but also we are expecting there will be more foreign customers, clients to use our ICT services. So, these are the main areas for the IBG. Thank you.
Rajesh Panjwani: Got it. And can you also comment on whether the CapEx is likely to remain at elevated level beyond 2024? Or once your subsea cables is commissioned, CapEx will fall in 2025?
Vincent Chen: Because for the 2025 and outwards, we haven’t finalized the numbers, so we cannot give any indication or any prediction for the moment. Thank you.
Rajesh Panjwani: Okay. Thank you.
Operator: Thank you. [Operator Instructions].
Angela Tsai: Now, we have another question from our chat box. Could you please give us the outlook — the ICT business outlook for 2024?
Ivan Lin: We will continue to cultivate in our three major [billion-dollar] (ph) service and many pro-IDC cybersecurity and IoT service in emerging sectors. And we also work on 5G applications and AI solutions to capture the increasing demand. And looking forward to 2024, we maintain culturally an optimistic outlook for our ICT business and are positive about achieving our full year guidance as we are continuing to see healthy order intake and project completion and we will continue leveraging our ICT capabilities to further enhance our ICT margin. And given the order intake in our pipeline, we expect the ICT revenue to deliver the positive growth on year in 2024. Thanks for your questions.
Operator: [Operator Instructions] Thank you. If there are no further questions at this point, I will turn it back over to Chairman Kuo. Chairman Kuo, please proceed.
Harrison Kuo: Thank you for your participation. Happy New Year. Goodbye.
Operator: Thank you, Chairman Kuo. And ladies and gentlemen, we thank you for your participation in Chunghwa Telecom conference. There will be a webcast replay within an hour. Please visit www.cht.com.tw/ir under the IR Calendar section. You may now disconnect. Thank you, and goodbye.
