HONG KONG, March 30, 2011 (GLOBE NEWSWIRE) -- At City Telecom (H.K.) Limited (HKSE:1137) (Nasdaq:CTEL) we believe transparency is key to our investors' engagement efforts. Our Analyst Event held from 28 to 29 March 2011 opened up our executives and operations via unscripted management discussions, vendor presentations, site and operational visits, and group visit to the regulator.
NiQ Lai, CFO and Head of Talent Engagement for City Telecom said, "We suspect that our distinct corporate culture is not right for the majority of investors, but believe that a small minority will share our passion to create long term value by making Hong Kong a better place. We hope to seek out these investors globally and invite them to join our 10-year Big, Hairy, Audacious Goal to become the largest IP provider in Hong Kong by 2016."
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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
CONTACT: Corporate Communications Jessie Cheng Tel: +852 3145 4118 Fax: +852 2199 8372 Email: email@example.com Investor Engagement Peggy Chan Tel: +852 3145 6068 Fax: +852 2199 8655 Email: firstname.lastname@example.org