CTEL Awarded Telecom Asia's 2010 "Best Broadband Carrier"

Last night, at a grand gala dinner at the Capella Resort, Singapore, City Telecom (H.K.) Ltd. ("City Telecom") (Nasdaq:CTEL) (HKSE:1137), accepted Telecom Asia's 2010 "Best Broadband Carrier" Award.

In its 13^th year, the Telecom Asia Awards have been presented since 1998 and are the largest and longest-running telecoms industry honors in Asia. The awards recognize innovative and outstanding performance by Asian service providers and industry executives. Final selection of winners was made by an independent panel of industry experts, who cast votes on the basis of innovation, financial performance, technology, market leadership and corporate governance. Previous winners of the award in this "Best Broadband" category include NTT Communications (Japan), PCCW (Hong Kong), StarHub Ltd. (Singapore) and Telstra Corp. (Australia). Additional information on the awards will be available at http://awards.telecomasia.net/10.

On behalf of the people of Hong Kong, City Telecom is honored to accept this prestigious Telecom Asia Award.   "Over 70% of Hong Kong's population has access to City Telecom's fibre-based symmetric 100Mbps to 1Gbps broadband service, at amongst the best value in terms of cost/Mbps in the world. We are turning our city into a Fibre Oasis attracting global businesses to Hong Kong," said Ms. To Wai Bing, Managing Director, Business Development of City Telecom. "An integral part of our corporate vision statement is 'To experience the joy of advancing and applying telecommunications technology for the benefit of the public.' Winning this award is an affirmation that we are on track."

For full press release, please visit http://reg.hkbn.net/ctigroup_admin/files_upload/100420CTETelecomAsiaAwardE.pdf

About City Telecom/Hong Kong Broadband Network Limited

Established in 1992, City Telecom (H.K.) Limited (Nasdaq:CTEL) (HKSE:1137) 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 1,027,000 subscriptions for broadband, local telephony and IP-TV services. 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 3,000 Talent force into a competitive advantage. Additional information on City Telecom can be found at www.ctigroup.com.hk.

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