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CTEL Hong Kong Television Network Ltd. (MM)

6.08
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Hong Kong Television Network Ltd. (MM) NASDAQ:CTEL NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.08 0 01:00:00

5-Star Broadband Service for 5-Star InterContinental Grand Stanford Hong Kong

20/06/2011 8:10am

GlobeNewswire Inc.


Hong Kong Television Network Ltd. (MM) (NASDAQ:CTEL)
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Hong Kong Broadband Network Limited ("HKBN", a wholly-owned subsidiary of City Telecom (HK) Limited, (HKSE:1137) (Nasdaq:CTEL) is pleased to announce that the InterContinental Grand Stanford Hong Kong has upgraded to our Fibre-based 1Gbps service, i.e. a leading 5-Star Broadband Service for a leading 5-Star Hotel.

Before the Internet upgrade, the hotel, like many top hotels in Hong Kong, had the modest Internet bandwidth of 25Mbps across the hotel. InterContinental Grand Stanford Hong Kong took the initiative to enlarge its bandwidth to 1Gbps since due to the changes in the hotel guest's usage pattern, and it became an opportunity for the hotel to stand apart from its competition.

InterContinental Grand Stanford Hong Kong's Sunny Li, Director of I.T. said, "We discovered that the in-room movie viewing was quite popular, but the changing of habits have caused this demand to decline in favor of web surfing and alternative media such as YouTube, online movies, TV, music, drama and news channels. It is therefore essential that we meet guest expectations and the (HKBN) 1Gbps service provides the tools to do that. In contrast to the criticism that we previously received about Internet services, we have achieved positive feedbacks praising the smooth, fast response of our Internet service."

HKBN's Managing Director of Corporate Division, John Chong, commented on the project: "Over the last 12 years, HKBN has invested heavily in international and local bandwidth and our present 1Gbps DIA service is unsurpassed in security, availability and technical support services."

For the full Press Release with Appendix, please download at:

http://reg.hkbn.net/ctigroup_admin/files_upload/110620_InterContinentalGrandStanford_PR_E.pdf

About InterContinental Grand Stanford Hong Kong

InterContinental Grand Stanford Hong Kong is a five-star hotel that offers breathtaking views of Hong Kong's Victoria Harbour. The hotel features 579 luxuriously appointed rooms and suites and the finest selection of world-class dining outlets from authentic Italian to contemporary International buffet and Michelin-starred Cantonese cuisine. The state-of-the-art meeting facilities in a comfortable and stylish setting are complemented by a fully equipped Business Centre. Located within easy reach of the world-famous Star Ferry and the Mass Transit Railway (MTR), the award-winning InterContinental Grand Stanford Hong Kong offers refined service and facilities for the savvy business and leisure travellers.

Address:  70 Mody Road, Tsimshatsui East, Kowloon, Hong Kong 
Telephone: (852) 2721 5161
Website: www.hongkong.intercontinental.com

About City Telecom/ Hong Kong Broadband Network Limited

Information on 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

1 Year Hong Kong Television Network Ltd. (MM) Chart

1 Year Hong Kong Television Network Ltd. (MM) Chart

1 Month Hong Kong Television Network Ltd. (MM) Chart

1 Month Hong Kong Television Network Ltd. (MM) Chart