What was the increase in the number of subscribers to the MOD business in the third quarter of 2020
d-October are expected to drive 5G service adoption. We are optimistic that we will exceed our annual target for 5G service adoption by the end of this year. In addition, construction of our 5G base station is ahead of schedule and we have established over 3,000 base stations nationwide by the end of the third quarter. Combined with the largest 5G spectrum resources on hand and efforts in 5G innovation development, we expect to obtain a significant portion of government subsidies for 5G network construction and Forward-looking Infrastructure Development, which will help to further accelerate our 5G deployment. In addition, we have teamed up with various partners from different industry verticals as we develop 5G service via B2B2 times models. Our focuses include smart manufacturing, smart transportation, smart agriculture, autonomous driving, smart healthcare and etc. We expect to see some promising results within the semiconductor industry in the near future and look forward to sharing our updates with you. For our broadband business, we are pleased to see continued ARPU uplift as a result of the ongoing increase in higher price plan adoption. Subscriber migration to our broadband of 300 megabits per second or higher continued to increase by 80% year-over-year, contributing to year-over-year broadband revenue growth for the eighth month in a row. The number of Home Wi-Fi devices also increased 140% year-over-year. And MOD business experienced a slight ARPU uplift year-over-year in the third quarter, thanks to the growing stay-at-home lifestyle trend. During the quarter, we continued to see the impact of the COVID-19 pandemic on business. Digital channel access and the transactions increased by 84% to enhance our service efficiency, while international mobile roaming revenue and prepaid card revenue continued to decline due to the ongoing ordered lockdown. We anticipate that this trend will continue in the next several quarters. Now allow me to walk you through each of our business lines. Turning to slide five, you can see an update of our mobile service business. In the third quarter of 2020, we were pleased to maintain our leading market position as we saw a growth in mobile revenue and the number of subscribers with increases to 38% and 37% respectively. In addition, we are optimistic about the number of our postpaid subscribers, which has increased for nine months in a row. This demonstrates our success in both existing subscriber retention and new subscriber acquisition, especially as a result of our back-to-school initiatives. Regarding overall mobile performance, we are pleased to experience the smallest amount of decrease in mobile service revenue in comparison to our peers quarter-over-quarter. This was mainly due to our efforts in guiding subscribers to adopt higher price plans. Excluding ARPU dilution resulting from IoT subscription, we saw our postpaid ARPU increase slightly quarter-over-quarter. As the iPhone 12 rolls out in October, we expect that the bundled subscription at a higher price point will continue to enhance the overall ARPU. Please turn to slide six for an update on our broadband business in the third quarter. During the quarter, we were pleased by the ongoing ARPU uplift in our broadband business, which reflects our success in migrating subscribers to adopt higher speed services by providing attractive packages which bundle multiple home-centric applications. The number of subscription that signed up for connection speeds of 300 megabits per second or higher increased by 80% year-over-year, while VPN circuit revenue contributions from enterprise customers grew as well. Thus, we are confident that we will maintain the overall upward trend in our broadband business, despite the ongoing decline in the number of low-speed subscribers quarter-over-quarter. slide seven demonstrates our MOD business performance. In the third quarter of 2020, our MOD/IPTV platform continued to be the largest video platform in Taiwan and our business remained relatively resilient amid a growing market share. Subscripti
d-October are expected to drive 5G service adoption. We are optimistic that we will exceed our annual target for 5G service adoption by the end of this year. In addition, construction of our 5G base station is ahead of schedule and we have established over 3,000 base stations nationwide by the end of the third quarter. Combined with the largest 5G spectrum resources on hand and efforts in 5G innovation development, we expect to obtain a significant portion of government subsidies for 5G network construction and Forward-looking Infrastructure Development, which will help to further accelerate our 5G deployment. In addition, we have teamed up with various partners from different industry verticals as we develop 5G service via B2B2 times models. Our focuses include smart manufacturing, smart transportation, smart agriculture, autonomous driving, smart healthcare and etc. We expect to see some promising results within the semiconductor industry in the near future and look forward to sharing our updates with you. For our broadband business, we are pleased to see continued ARPU uplift as a result of the ongoing increase in higher price plan adoption. Subscriber migration to our broadband of 300 megabits per second or higher continued to increase by 80% year-over-year, contributing to year-over-year broadband revenue growth for the eighth month in a row. The number of Home Wi-Fi devices also increased 140% year-over-year. And MOD business experienced a slight ARPU uplift year-over-year in the third quarter, thanks to the growing stay-at-home lifestyle trend. During the quarter, we continued to see the impact of the COVID-19 pandemic on business. Digital channel access and the transactions increased by 84% to enhance our service efficiency, while international mobile roaming revenue and prepaid card revenue continued to decline due to the ongoing ordered lockdown. We anticipate that this trend will continue in the next several quarters. Now allow me to walk you through each of our business lines. Turning to slide five, you can see an update of our mobile service business. In the third quarter of 2020, we were pleased to maintain our leading market position as we saw a growth in mobile revenue and the number of subscribers with increases to 38% and 37% respectively. In addition, we are optimistic about the number of our postpaid subscribers, which has increased for nine months in a row. This demonstrates our success in both existing subscriber retention and new subscriber acquisition, especially as a result of our back-to-school initiatives.  Regarding overall mobile performance, we are pleased to experience the smallest amount of decrease in mobile service revenue in comparison to our peers quarter-over-quarter. This was mainly due to our efforts in guiding subscribers to adopt higher price plans. Excluding ARPU dilution resulting from IoT subscription, we saw our postpaid ARPU increase slightly quarter-over-quarter. As the iPhone 12 rolls out in October, we expect that the bundled subscription at a higher price point will continue to enhance the overall ARPU. Please turn to slide six for an update on our broadband business in the third quarter. During the quarter, we were pleased by the ongoing ARPU uplift in our broadband business, which reflects our success in migrating subscribers to adopt higher speed services by providing attractive packages which bundle multiple home-centric applications. The number of subscription that signed up for connection speeds of 300 megabits per second or higher increased by 80% year-over-year, while VPN circuit revenue contributions from enterprise customers grew as well. Thus, we are confident that we will maintain the overall upward trend in our broadband business, despite the ongoing decline in the number of low-speed subscribers quarter-over-quarter. slide seven demonstrates our MOD business performance. In the third quarter of 2020, our MOD/IPTV platform continued to be the largest video platform in Taiwan and our business remained relatively resilient amid a growing market share. Subscripti