Established in 1992, City Telecom (H.K.) Limited 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 second largest and 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, IP-TV and corporate data 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.

City Telecom was listed on The Stock Exchange of Hong Kong Limited (Stock Code: 1137) in August 1997 with an ADR Listing on the Nasdaq National Market (Ticker Symbol: CTEL) in the US in November 1999. In addition to the operations in Hong Kong, the Group also has branch offices in Canada and Guangzhou. Pulling together with perseverance, the Group has strived to achieve greater heights, beyond our individual capabilities, against challenging market conditions. Through long term investments and aggressive business strategy, we are building a strong future and laying the foundation to become Hong Kong's preeminent integrated telecommunications services provider.
 
International Telecommunications Service
City Telecom (H.K.) Limited played a significant role in the liberalization of the monopolized international telecommunications market in Hong Kong and launched its international telecommunications service in 1992.

Throughout the years, CTI has been aggressive in promoting various services in international telecommunications, with the aim to serve our customers the best we can. Accompanied with quality services and competitive pricing, CTI gains overwhelming market response, and contributing to its significance in the market.

In addition, CTI participated in the investment for construction of submarine cables, including Japan-US Cable to connect the US and Japan across the Pacific Ocean, as well as Asia Pacific Cable Network 2, connecting us to eight districts in Asia and allows direct connection with the major fixed network operators in China. These linkages limit our dependence on third party capacity, give us more control over transmission costs and add values to our services offered to customers. They have also demonstrated a true testimonial of our good voice quality.

At present, CTI offers IDD1666, IDD16+, 888 Calling Card, international call forward and get Fax Easy services. For details, please visit www.ctihk.com.
 
Fixed Telecommunications Network Service
Established in 1999, Hong Kong Broadband Network Limited, the wholly-owned subsidiary of City Telecom (H.K.) Limited, targets to develop its own network infrastructure with advanced technology to deliver various fixed telecom network services.

Over the years, HKBN has invested over HK$3 billion in establishing its own network. Leveraging on the superior network built by optical fibre and CAT-5E high grade cables on Metro Ethernet IP technology, this advanced network caters for "multi-play" applications - conglomerating broadband Internet access, telephony, fully-digitalized IP-TV and corporate data services in a single network.

In June 2002, Hong Kong Broadband Network Limited was announced by Cisco Systems that it has successfully established the largest Metro Ethernet network in the world. In October 2005, HKBN has further become the first service provider in the world to achieve the Cisco Powered Network Metro Ethernet QoS Certified status. We are in the process of expanding network coverage from 1.62 mn to 2.0 mn residential homes pass, reaching 95% of Hong Kong's total population, and from 1230 commercial buildings to  2000 for corporate services.

Currently, HKBN provides Broadband (symmetric 1000Mbps, 200Mbps, 100Mbps, 50Mbps and 25Mbps) Internet access, telephony, IP-TV, mobile and corporate data services, in excess of 1 million subscriptions. For details, please visit www.hkbn.net
 
1. Business
Telecommunications
2. Year of Establishment:
City Telecom (H.K.) Limited - 1992
Hong Kong Broadband Network Limited - 1999
3. Key Services:
International Telecommunications
Broadband Internet Access
Telephony
IP-TV
4. Chairman:
Mr. Ricky Wong Wai-kay
5. Vice Chairman:
Mr. Paul Cheung Chi-kin
6. Registered Office:
Level 39, Tower 1, Metroplaza, No. 223 Hing Fong Road, Kwai Chung, New Territories, Hong Kong
7. General Line:
(852) 3145 6888
8. General Fax:
(852) 2199 8372
9. Listing:
The Stock Exchange of Hong Kong Limited (SEHK : 1137)
American Depositary Receipts on the Nasdaq National Market in U.S. (Ticker Symbol : CTEL)
10. Financial Year:
Ends at August 31
11. Auditors:
KPMG
Certified Public Accountants
12. Website:
City Telecom Corporate Website : www.ctigroup.com.hk
City Telecom (H.K.) Limited : www.ctihk.com
Hong Kong Broadband Network Limited : www.hkbn.net