ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

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

City Telecom - 'bbAid' Launched to Support Emergency Broadband Needs for Hong Kong

07/01/2007 1:00pm

PR Newswire (US)


Hong Kong Television Network Ltd. (MM) (NASDAQ:CTEL)
Historical Stock Chart


From Jul 2019 to Jul 2024

Click Here for more Hong Kong Television Network Ltd. (MM) Charts.
HONG KONG, Jan. 7 /Xinhua-PRNewswire-FirstCall/ -- Due to the Earthquake in Taiwan on 26 December 2006, Hong Kong's overseas telecommunications services had been severely affected by the damage of several regional submarine cables, hindering the services provided by all Hong Kong's Internet Service Providers. Hong Kong Broadband Network Ltd. ("HKBN"), a wholly owned subsidy of City Telecom (HK) Limited (NASDAQ:CTEL), with rapid response from staff and business partners, was one of the first service providers to restore overseas telecommunications service by 11:42 am, 28th December, 2006. HKBN's rapid restoration was due mainly to the rigorous design of the HKBN network that ensured there are always 30% over-provisioning of bandwidth, equivalent to a 1.3 times bandwidth capacity over the average bandwidth utilization for customers. Although the recent disruption has lowered HKBN's bandwidth provisioning, this over-provisioning design had come into force thereby minimizing the impact to customers. Whilst HKBN customers were able to resume their essential Internet services within two days, the majority of Hong Kong Internet users are still negatively impacted, even until today. This highlights the deficiency in the industry's existing telecommunication services' arrangements & contingency planning. Appreciating the importance of communications, HKBN announced the launch of "bbAid" to those are who are still suffering from overseas bandwidth outage, providing immediate broadband service aid. Effective from 8th January 2007, PCCW Netvigator's broadband customers can register at hotline 3498 3498, where HKBN will install bb100 service (symmetric 100Mbps access) within 24 hours, with up to 200 installations daily. The "bbAid" is offered to provide immediate outbound communication services to those with urgent needs, with no contract commitment and installation fee required, and services charge being HK$10/day (US$1.30), with minimal charge is HK$20 (US$2.60). Should no contract renewal or cancellation notice be received from customer within 30 days after installation, such service will be terminated automatically after the said period. Chairman of HKBN, Ricky Wong said, "As the pioneer of Hong Kong's telecommunication services, valuing the criticality of overseas telecommunications, we hope the bbAid will serve to relief the stress and inconvenience for consumers that are suffering from outage of international bandwidth." For enquiries, please contact: Corporate Communications, Jessie Cheng, Tel: (852)31454118, Email: or refer to http://www.ctigroup.com.hk/ DATASOURCE: City Telecom (HK) Limited CONTACT: Jessie Cheng, Corporate Communications of City Telecom (HK) Limited, +852-3145-4118, Web site: http://www.ctigroup.com.hk/

Copyright

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

Your Recent History

Delayed Upgrade Clock