In accordance with regulations, our goal is to introduce commercial services for low-earth orbit satellites in Taiwan as soon as possible. For one way, we have NDA, there is not much to share for now. We will do announcements as the agreement is finalized.
Operator: [Operator Instructions] And on the call, we have the next question. It’s from Rajesh Panjwani, JPMorgan.
Unidentified Analyst: Hi thank you for this opportunity to ask this question. I think you — when Neale asked this question, I think you answered it, but I couldn’t properly get the figures. So can you — the government subsidies project because of which the revenues were lower this quarter versus last quarter, can you just repeat how much was the amount impact on both revenues and operating profit because of that?
Chau-Young Lin: Yes, the amount is $0.4 billion. It’s about $0.4 billion.
Unidentified Analyst: Okay. And this is a revenue impact?
Chau-Young Lin: Yes. it’s a subsidy yes. So basically, the revenue is [indiscernible]. It’s never on the profit.
Unidentified Analyst: Okay. Got it. Got it, thanks. And the second question is, in general, like there is further consolidation going on in the industry. But do you expect that your competitors will become relatively stronger going forward as they add to more base stations, more spectrum? Are you concerned about that going forward?
Chau-Young Lin: Yes, we recognize ICC’s conditional approval of the mergers among our peers as the resulting change is expecting to be positive to the overall mobile market development in Taiwan. We welcome the regulator’s decision to require our peers to dispose the excess bandwidth acquired with the mergers, which upholds fair market competition and in line with the original policies and the rules made during the course of the spectrum auction. Our goal and the position not only to shape ourselves as the enablers to perform and expand digital ecosystem but also to expand overall value for customers, shareholders in the ecosystem and us. For example, to upgrade and migrate our customers services to higher speed bandwidth services. And as mentioned — as I mentioned earlier, we have the most base stations nationwide in Taiwan. So we have confidence to have — to lead in the Taiwan telecom industry, yes.
Vincent Chen: So if I may add. So let me provide some financial numbers to show we are quite confident that we will still retain our lead in the post-merger market if we look at the mobile markets, right? So for the mobile service revenue, our annual growth is around 6% to 7% in the past nine months. But if you look at our peers, so their revenue — their growth rate is about 3% to 5%. So we are — so it kind of shows our strategy is quite correct. So that we can remain to acquire clients and also we can grow our mobile service revenues. And for our broadband services, so if you look at — after we draw out this speed upgrade promotion. So our broadband service revenue also maintains a very healthy growth trajectory. So for the year — so our broadband service revenue, the growth rate is about 2% to 3%.
And actually, our subscriber has been increasing. And if you look at our ICT business, so for example, our emerging application services, so if you look at the IDC cybersecurity and also have been doing very well also for the 5G network, the AIoT and for the — and other emerging applications, they have been done very well. And most importantly, if we look at the ICT profit margin, actually, it has been steady goes up. So we think these are the good signs. And looking forward, because we see the market has turned positive and the macro condition is getting better and better, we also know that digital demand has been growing dramatically. So we believe our ICT business has a good potential to grow, yes. This is what we see. And because we have a very good network and we provide very good quality to customers in a consistent manner.
