HONG KONG, Sept. 1, 2011 (GLOBE NEWSWIRE) -- Hong Kong Broadband Network Limited ("HKBN", a wholly-owned subsidiary of City Telecom (H.K.) Limited) (HKSE:1137) (Nasdaq:CTEL) is pleased to announce that the Company will be one of the Service Provider Partners of Broadband World Forum 2011, Paris from 27 to 29 September, 2011. Mr. William Yeung, CEO and Mr. Lo Sui Lun, CTO of the Company, will present at the forum. Please see Appendix 1 for details of upcoming conference events.
Key Note Presentation by William Yeung, CEO:
Fiber-to-the-home/building deployment in Hong Kong: Successful Story of the Forerunner
- HKBN is the largest fiber-to-the-home/building broadband provider in Hong Kong, being a key catalyst for Hong Kong's global position as the 3rd highest fiber-to-the-home/building penetrated market in the World after Korea & Japan.
- Reasons for HKBN's success: technical, operations & most importantly, our Talents (people).
- HKBN's industry-leading financial performance with 20% net margin and 19% return on equity – it pays well to be disruptive.
- How will we sustain our leadership momentum in years ahead?
Broadband World Forum is the world's largest Broadband event attracting more than 10,000 decision-makers from across the globe. The 3 day comprehensive conference programme brings together over 300 visionary speakers to address the commercial and technical opportunities, developments and issues currently surrounding Broadband. For more details, please visit http://broadbandworldforum.com.
For the Full Press Release with Appendix, please download at: http://reg.hkbn.net/ctigroup_admin/files_upload/BBWF.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 about 3,000 Talent force into a competitive advantage. Additional information on City Telecom can be found at www.ctigroup.com.hk.