HONG KONG, Nov. 17, 2009 (GLOBE NEWSWIRE) -- City Telecom (HK) Ltd. ("City Telecom") (Nasdaq:CTEL) (HKSE:1137), 2009 marks the 10th anniversary of the incorporation of Hong Kong Broadband Network Limited (HKBN), our wholly owned subsidiary for the Fixed Telecommunications Network Service business. This year our Annual report features the following highlights:
* Chairman's Statement that sets out our strategic thinking and forward direction in detail * Retail Expansion outlining the growth of our physical shop presence from 3 to 15 locations * On-line Gaming Partnerships Expansion with 8 leading Massively Multiplayer Online Role Playing Game developers * Talent Engagement with special feature on our "Customer-In" vertical management structure
To download the full Annual Report:
English version: http://www.ctigroup.com.hk/en/investors/2009/FY09_Annual%20Report_E.pdf
Chinese version: http://www.ctigroup.com.hk/cn/investors/2009/FY09_Annual%20Report_C.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. City Telecom's wholly-owned subsidiary, Hong Kong Broadband Network Limited (HKBN), is in the process of expanding its Next Generation Network from approximately 1.62mn to 2.0mn homes pass. HKBN has achieved an aggregate Voice, Broadband (symmetric 25Mbps up to 1Gbps) and IP-TV services base in excess of 943,000 subscriptions. Additional information on City Telecom can be found at www.ctigroup.com.hk