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[ NNSquad ] 100 Mbps symmetric broadband for $13/mo (for 24 months)




----- Forwarded message from David Farber <dave@farber.net> -----

Date: Mon, 2 Nov 2009 07:19:20 -0500
From: David Farber <dave@farber.net>
Subject: [IP] Press release HongKong: now 100/100 Mbps @ US$13/month
Reply-To: dave@farber.net
To: ip <ip@v2.listbox.com>



Begin forwarded message:

From: "D.H. van der Woude" <dhvanderwoude@gmail.com>
Date: November 2, 2009 6:43:42 AM EST
To: dave@farber.net
Subject: Press release HongKong: now 100/100 Mbps @ US$13/month

David,

The news below might be of interest to IP as it
illustrates the worldwide digital divide.

grtz
Dirk



\http://reg.hkbn.net/ctigroup_admin/files_upload/PR_MGM_E99.pdf

For Immediate Release

HKBN: “AWESOME SPEED. FOR EVERYONE”

100Mbps broadband at US$13/month

(Hong Kong, 1 November 2009) Hong Kong Broadband Network Ltd (“HKBN”), a 
wholly owned subsidiary of City Telecom (HK) Limited (HKSE: 1137, NASDAQ: 
CTEL), today announces breakthrough “AWESOME SPEED. FOR EVERYONE” - 100Mbps 
broadband service at US$13/month (HK$99/month).

Some cars earn “SuperCar” status by their sheer performance but are priced 
beyond the mass. At HKBN, we have shattered this affordability barrier by 
delivering a “SuperCar” class symmetric 100Mbps broadband service at a mass 
market price. Anyone who stays within our 1.62 million households’ network 
coverage, including all our existing 391,000 broadband users are eligible 
to invite a friend to join our bb100 service for 24 months for price of 
HK$99 (US$13)/month each.

At this monthly fee level, the cost per Mbps for HKBN’s 100Mbps broadband 
service is just US$0.06 (HK$0.50), which is AWESOME World Class leading 
value. Furthermore, with our unique Speed Guarantee of 80% local bandwidth 
and unparalleled performance in massively multiplayer online role-playing 
games, we are delivering on one of our core purposes “To experience the joy 
of advancing and applying telecommunications technology for the benefit of 
the public”.

Mr. William Yeung, Chief Executive Officer of HKBN said, “With at least 32% 
of Internet users in Hong Kong still suffering from broadband services 
below 10Mbps1, Hong Kong is lagging behind Korea and Japan in terms of 
Fibre-To-The-Home’s Penetration2, and is only classed as “Comfortably 
enjoying today’s applications” in terms of Broadband Development3. Being 
the second largest broadband service provider, we have a duty to improve 
Hong Kong’s Global standings. Given our exceptional word-of-mouth, our 
launch of “AWESOME SPEED. FOR EVERYONE” is not just about competition, but 
also dedicated to applying telecommunications technology for the benefit of 
public, making Ultra High Speed Broadband Access the norm in Hong Kong.”

For video highlights of Hong Kong Press event, with full Television  
Campaign, please refer
to www.youtube.com.hk/HKBNatUtube
.




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----- End forwarded message -----