HKBN Launches Hong Kong's First 100Mbps and World's First 1Gbps Residential Broadband Services
November 16 2004 - 1:05AM
PR Newswire (US)
HKBN Launches Hong Kong's First 100Mbps and World's First 1Gbps
Residential Broadband Services HONG KONG, Nov. 16
/Xinhua-PRNewswire-FirstCall/ -- Hong Kong Broadband Network
Limited ('HKBN'), a wholly owned subsidiary of City Telecom (H.K.)
Limited (Nasdaq: CTEL; Hong Kong Stock Exchange: 1137.HK), is
pleased to announce the launch of their symmetric 100Mbps and
1,000Mbps (1Gbps) residential broadband services, branded 'BB100'
and 'BB1000,' respectively. We believe that BB100 is Hong Kong's
first and BB1000 will be the world's first residential broadband
service at such high speeds. These service offerings push Hong
Kong's broadband market to a new technology pinnacle. BB100
Symmetrical 100Mbps Service for HK$268/month (US$35/month) We
believe HKBN is the first operator in Hong Kong to release BB100
Internet access service providing up to 100 Mbps for both upstream
and downstream bandwidth. While being 16 to 155 times faster than
the most popular ADSL service currently offered in Hong Kong, HKBN
intends to capture all market segments by charging only
HK$268/month (US$35/month) for unlimited 100Mbps local and 20Mbps
international access. In addition, for the extreme bandwidth users,
HKBN will offer a BB100 unlimited option with 100 Mbps local and
international access for HK$1,980/month (US$254/month). BB1000
1,000 Mbps Service by Second Quarter 2005 In addition to our 100
Mbps service, we plan to release our BB1000 symmetric 1,000 Mbps
(1Gbps) service by the second quarter of 2005. Like BB100, the
unique feature of our BB1000 service is that HKBN will be able to
deliver this service through its existing Category 5e copper-block
wiring connection inherent in its Metro Ethernet 10/100/1000 Mbps
progression path. Bypassing the requirement for expensive
fiber-direct-to-PC will result in substantial cost savings, which
HKBN will partly share with consumers. Commenting on the 1,000Mbps
service, Ricky Wong, Chairman said, 'HKBN's BB1000 service will
effectively be the Autobahn of Broadband access -- on our BB1000
Internet freeway, the only limitation will be the processing speed
of the consumers' equipment. BB100 and BB1000 services showcase the
inherent bandwidth and cost advantages of HKBN's next-generation
network over legacy platforms.' For Media enquiries, please
contact: Jessie Cheng City Telecom (H.K.) Limited Tel:
+852-3145-4118 Fax: +852-2199-8372 Email: For Investor Relations
enquiries, please contact: NiQ Lai City Telecom (H.K.) Limited Tel:
+852-3145-4710 Fax: +852-2199-8442 Email: DATASOURCE: City Telecom
(H.K.) Limited CONTACT: Jessie Cheng, +852-3145-4118, or fax,
+852-2199-8372, or ; or NiQ Lai, +852-3145-4710, or fax,
+852-2199-8442, or , both of City Telecom (H.K.) Limited
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