updated 5/3/2011 6:16:21 AM ET 2011-05-03T10:16:21

HONG KONG, May 3, 2011 (GLOBE NEWSWIRE) -- City Telecom (H.K.) Limited's (HKSE:1137) (Nasdaq:CTEL) CFO and Head of Talent Engagement, Mr. NiQ Lai, will present in the Broadband World Forum Asia in 10-11 May in Kuala Lumpur, Malaysia. The Broadband World Forum newsletter featured an interview with him.

Reiterating the importance of building the Company's own superior end-to-end Fibre network starting in year 2000, "You will never win a war by leasing your 'weapon' from your opponent," Mr. Lai said, and now having built the network, "We have a different mindset. Legacy carriers try to sweat their copper assets by creating a Walled Garden with their IPTV content. We on the other hand embrace over-the-top content providers and love applications that burn up bandwidth."

For the full interview, please visit the link below:

http://www.broadbandworldforum.com/latest_news2/31/city_telecom_you_will_never_win_a_war_by_leasing_your_weapon_from_your_opponent

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 around 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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