Hong Kong Broadband Network
|This article relies on references to primary sources. (August 2013)|
|Type||Internet Service Provider|
|Parent||CVC Capital Partners|
Established in 1999, Hong Kong Broadband Network Limited (‘HKBN’) is a leading broadband service provider with most residential high-speed broadband subscriptions (100Mbit/s and above) in Hong Kong, offering a diversified portfolio of innovative products in fibre broadband and Wi-Fi access, communication and entertainment to over 1.4 million subscribers. As the owner and operator of one of the biggest fiber optic networks in Hong Kong, HKBN provides premier telecommunications services to both business and residential markets.
Over the years, HKBN has invested over HK$4 billion in establishing its own network. In 2004, HKBN successfully built the largest Metro Ethernet network in the world. In 2005, HKBN was the first Internet Service Provider (ISP) in the city offering 1000M residential Fibre-to-the-Home service. In 2013, HKBN extended its Wi-Fi business development and acquired Y5ZONE Limited. Since then, HKBN’s fibre optic network covers over 2 million residential homes and more than 1,800 commercial buildings.
HKBN is dedicated to its core purpose “Make our Hong Kong a better place to live”. It takes great pride in developing its 2,600-strong Talent force into a competitive advantage, who is committed to living by four core values - “Trustworthy - be honest and genuine, keeping promises without compromising”, “Responsive - be visionary and receptive, responding aptly and promptly”, “Entrepreneurial - be responsible and unyielding, striving for excellence” and “Engaging - be devoted and considerate, attracting others to follow suit”.
HKBN has established a solid market position for sustaining growth and success. In May 2012, HKBN underwent a management buy-out and is now majority-owned by funds advised by CVC Capital Partners and 79 HKBN managers.
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