HONG KONG, April 15, 2011 (GLOBE NEWSWIRE) -- Hong Kong Broadband Network Limited ("HKBN", our wholly owned subsidiary of City Telecom (H.K.) Limited (HKSE:1137) (Nasdaq:CTEL), was featured in The New York Times for our ultrafast 1Gbps (1000Mbps) broadband service priced at US$26/month offered in Hong Kong which was compared to the 50Mbps service offered by Verizon FiOS in the US for US$144.99/month.
The feature is available at :
New York Times online version –
http://www.nytimes.com/2011/03/06/business/06digi.html?_r=2&hpw
Authorized image version –
http://www.ctigroup.com.hk/ctigroup/eng/press/featured.htm
For the full Press Release, please download at :
http://reg.hkbn.net/ctigroup_admin/files_upload/PR_NYTimes_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 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 1,110,000 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 it substantial growth. The company takes great pride in developing its over 3,000 Talent force into a competitive advantage. Additional information on City Telecom can be found at www.ctigroup.com.hk