Celebration Time! ... HK's Largest Residential Fibre Network Now Available in Discovery Bay
September 06 2011 - 7:44AM
Hong Kong Broadband Network Limited ("HKBN," a wholly-owned
subsidiary of City Telecom (HK) Limited) (HKSE:1137) (Nasdaq:CTEL)
is celebrating the arrival of our Fibre service in Discovery Bay.
With over 1.93 million home pass by our Fibre to the Home or
Building (FTTH/B), HKBN operates the largest residential Fibre
network in Hong Kong Note 1.
Discovery Bay is a mixed use resort living environment situated
on the north-eastern coast of Lantau Island, about 2 km west of
Hong Kong Disneyland Resort. It has a population of around 16,000
residents, with a sizeable community of expatriates from around the
World.
Ben Hui, Mini-CEO for Discovery Bay, states, "We are happy to
deliver a fresh air of choice for World Class Telecom services to
the residents of Discovery Bay. Even with just the soft launch of
our services in the past weeks, we have seen a very warm embrace by
the local community."
If you are a resident of Discovery Bay interested in our
service, we will welcome your call to our dedicated registration
hotline for Discovery Bay residents: 3613-8888
Link below is a summary of our Discovery Bay Project.
http://reg.hkbn.net/ctigroup_admin/files_upload/DBaySummary.pdf
Note 1:
- Per PCCW 1H FY2011 Interim Results Presentation, dated 12
August 2011, Slide 28, it has 80% of Hong Kong households with
FTTH/B. Assuming 2.35 million households, this equates to 1.88 mn
homes pass.
http://www.pccw.com/staticfiles/PCCWCorpsite/About%20PCCW/Investor%20Relations/Financial%20Results/2011/2011%20interim%20resul.pdf
- Per Hutchison Telecom 1H FY2011 Interim Results Presentation,
dated 1 August 2011, Slide 12, it has 1.5 million+ FTTH/B coverage.
http://www.hthkh.com/eng/ir/presentation/pre110801.pdf
For the full Press Release, please download at :
http://reg.hkbn.net/ctigroup_admin/files_upload/DB_PR_E.pdf
About City Telecom/ Hong Kong Broadband Network
Limited
Established in 1992, City Telecom (H.K.) Limited (HKSE:1137)
(Nasdaq:CTEL) provides integrated telecommunications services in
Hong Kong via its own self-built fiber network. City Telecom's
wholly-owned subsidiary, Hong Kong Broadband Network Limited
(HKBN), is the fastest growing broadband service provider in Hong
Kong. HKBN offers a diversified portfolio of innovative products
that service over 1,110,000 subscriptions for broadband, local
telephony and IP-TV. The Company has built a solid market position
with top-of-the-line applications and practices enabling its
substantial growth. The company takes great pride in developing its
around 3,000 Talent force into a competitive advantage. Additional
information on City Telecom can be found at
www.ctigroup.com.hk.
CONTACT: Hong Kong Broadband Network Limited
Corporate Communications
Jessie Cheng
Tel: +852 3145 4118
Fax: +852 2199 8372
Email: chengcm@ctihk.com
Investor Engagement
Peggy Chan
Tel: +852 3145 6068
Fax: +852 2199 8655
Email: investor_engagement@ctihk.com
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