SEPTEMBER 20, 2007 -- City Telecom (HK) Ltd.'s wholly owned subsidiary, Hong Kong Broadband Network Ltd. (HKBN) claims it is the first Internet service provider in Hong Kong to launch fiber-to-the-home (search for FTTH) residential broadband services.
Effective immediately, HKBN says it will offer residential FTTH broadband services ranging from 100 Mbits/sec to 200 Mbits/sec to 1 Gbit/sec--dubbed FiberHome100, FiberHome200, and FiberHome1000--at price points of $48.50, $88.20 and $215.40 respectively.
HKBN plans to phase out its entry-level bb10 service (symmetric 10-Mbit/sec service), saying it will no longer accept new subscriptions for this service. Instead, HKBN's entry service will now be its bb25, or 25-Mbit/sec symmetric service.
Since 2002, HKBN has invested more than HK$2 billion in its network infrastructure, and the carrier says it is delighted to announce yet another technological and market breakthrough.
"High-speed broadband service (FTTH) is a foreseeable inevitability that we had prepared for three years ago," reports HKBN chairman Ricky Wong. "Holding onto to the belief that a service provider should deliver the best and most up-to-dated services available to the public, we are pleased to be able to launch the massively-deployed FTTH version of 100 Mbits/sec, 200 Mbits/sec and 1000 Mbits/sec in Hong Kong, which also contributes to further enhance Hong Kong's role as Asia's telecommunications hub," he adds.