Big Fat Dumb Pipes That Easily Handle Over 100GB/Month Per User

HONG KONG, Feb. 17, 2012 (GLOBE NEWSWIRE) -- At Hong Kong Broadband Network, a wholly owned subsidiary of City Telecom (HK) Limited (HKSE:1137) (Nasdaq:CTEL), we are proud to be a Big Fat Dumb Pipe provider, easily handling average bandwidth consumption of over 100GB/month per user across our 600,000 plus FTTH/B customer base. For reference, 100GB is enough data to overflow the memory of 6 brand new Apple 16GB 4S iPhones every month and compares with the 5GB/month "fair usage" cap whereby mobile carriers in Hong Kong typically start to limit throughput in their unlimited data plans.

"At HKBN, we embrace Over-The-Top (OTT) content providers who help fill up our excessively Big Fat Dumb Pipes. We happily co-exist with OTT providers, as together we create value for our customers. Our superior bandwidth capability is the LUCA (Legal Unfair Competitive Advantage) that drives our industry leading 17.5% return on equity¹," Said Mr. Lo Sui Lun, Chief Technology Officer of HKBN.

Note 1: For 12 months to 31 Aug 2011.

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 fiber 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 1,240,000 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 its 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.

Appendix: 1Gbps Triple Play Service offering*

* Please refer to https://apply.hkbn.net/ for final offer details.