HONG KONG, April 13, 2010 (GLOBE NEWSWIRE) -- Hong Kong Broadband Network Limited (HKBN), a wholly owned subsidiary of City Telecom (H.K.) Ltd. ("City Telecom") (Nasdaq:CTEL) (HKSE:1137), announced that available immediately, Hong Kong can now enjoy symmetric 1 Gbps broadband service at US$26/month (HK$199). Together with HKBN's symmetric 100 Mbps service for US$13/month launched on 1 November 2009, Hong Kong residents now enjoy amongst the best value and range for broadband services anywhere in the world.

"Symmetric 1 Gbps broadband at US$26/month (HK$199) is a global breakthrough service, and is by far the best value in terms of cost per Mbps in Hong Kong. We are pleased to contribute towards making Hong Kong a global Fibre Oasis," said Ms. June Lam, Associate Director, Marketing, HKBN.

Customers interested in our 1 Gbps service can immediately register online at http://apply.hkbn.net/en/1000 or call our service hotline +852 3613 1000.

For full press release, please visit http://reg.hkbn.net/ctigroup_admin/files_upload/140410CTELPR1000MatUS$26E.pdf

About City Telecom/Hong Kong Broadband Network Limited

Established in 1992, City Telecom (H.K.) Limited (Nasdaq:CTEL) (HKSE:1137) provides integrated telecommunications services in Hong Kong via its own self-built fibre 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 1,004,000 subscriptions for broadband, local telephony and IP-TV services. The Company has built a solid market position with top-of-the-line applications and practices enabling it substantial growth. The company takes great pride in developing its 3,000 Talent force into a competitive advantage. Additional information on City Telecom can be found at www.ctigroup.com.hk.