updated 4/15/2011 7:21:36 AM ET 2011-04-15T11:21:36

HONG KONG, April 15, 2011 (GLOBE NEWSWIRE) -- Hong Kong Broadband Network Limited ("HKBN", our wholly owned subsidiary of City Telecom (H.K.) Limited (HKSE:1137) (Nasdaq:CTEL), was featured in The New York Times for our ultrafast 1Gbps (1000Mbps) broadband service priced at US$26/month offered in Hong Kong which was compared to the 50Mbps service offered by Verizon FiOS in the US for US$144.99/month.

The feature is available at :

New York Times online version –

http://www.nytimes.com/2011/03/06/business/06digi.html?_r=2&hpw

Authorized image version –

http://www.ctigroup.com.hk/ctigroup/eng/press/featured.htm

For the full Press Release, please download at :

http://reg.hkbn.net/ctigroup_admin/files_upload/PR_NYTimes_E.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 fibre 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 it substantial growth. The company takes great pride in developing its over 3,000 Talent force into a competitive advantage. Additional information on City Telecom can be found at www.ctigroup.com.hk

CONTACT: Corporate Communications
         Jessie Cheng
         Tel:  +852 3145 4118
         Fax: +852 2199 8372
         Email: chengcm@ctihk.com
         
         Investor Engagement
         Peggy Chan
         Tel:  +852 3145 6068
         Fax: +852 2199 8655
         Email: investor_engagement@ctihk.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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