City Telecom (Hong Kong): Difference between revisions
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| subsidiary = Hong Kong Broadband Network Limited (HKBN) |
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CTI – IDD 1666, 888 International Calling Card, International Call Forwarding Service, ID16+, Get Fax Easy |
'''CTI''' – IDD 1666, 888 International Calling Card, International Call Forwarding Service, ID16+, Get Fax Easy |
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HKBN – Broadband, HomeTel, bbTV, 2b 2nd Generation Broadband Phone, IDD0030 |
'''HKBN''' – Broadband, HomeTel, bbTV, 2b 2nd Generation Broadband Phone, IDD0030 |
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| homepage = [http://www.ctigroup.com.hk www.ctigroup.com.hk] |
| homepage = [http://www.ctigroup.com.hk www.ctigroup.com.hk] |
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Company Profile |
'''Company Profile''' |
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'''City Telecom (H.K.) Limited''' (CTI, {{zh-tp|t=城市電訊(香港)有限公司|p=chéngshì diàn xìn}}) ({{sehk|1137}}, {{nasdaq|CTEL}}) was established in 1992. It is a fast growing and innovative provider of residential and corporate fixed network and international telecommunications services in Hong Kong. CTI played a significant role in liberalizing the international telecommunications market monopoly in Hong Kong since their launch of services. Their aggressive marketing strategy broke the monopoly and helped Hong Kong people had saved up to HK$25 billion approximately from 1999 to 2002. With competitive pricing and quality service, CTI not only became the second largest international telecommunications service provider, but also bringing benefits to the general public and accelerating Hong Kong’s telecommunications development. |
'''City Telecom (H.K.) Limited''' (CTI, {{zh-tp|t=城市電訊(香港)有限公司|p=chéngshì diàn xìn}}) ({{sehk|1137}}, {{nasdaq|CTEL}}) was established in 1992. It is a fast growing and innovative provider of residential and corporate fixed network and international telecommunications services in Hong Kong. CTI played a significant role in liberalizing the international telecommunications market monopoly in Hong Kong since their launch of services. Their aggressive marketing strategy broke the monopoly and helped Hong Kong people had saved up to HK$25 billion approximately from 1999 to 2002. With competitive pricing and quality service, CTI not only became the second largest international telecommunications service provider, but also bringing benefits to the general public and accelerating Hong Kong’s telecommunications development. |
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The Group had the strongest turnover growth since FY2000, with the consolidated turnover grew by 14.2% year-on-year to HK$1,303.0 million for the year ended 31 August 2008. This solid growth was primarily contributed by their increase in Fixed Telecommunications Network Service business (FTNS) of 23.8% to HK$1,011.0 million. Besides, the Group’s profits attributable to their shareholders increased by 333.2% to HK$125.2 million with basic earnings per share reaching HK$19.7 cents. |
The Group had the strongest turnover growth since FY2000, with the consolidated turnover grew by 14.2% year-on-year to HK$1,303.0 million for the year ended 31 August 2008. This solid growth was primarily contributed by their increase in Fixed Telecommunications Network Service business (FTNS) of 23.8% to HK$1,011.0 million. Besides, the Group’s profits attributable to their shareholders increased by 333.2% to HK$125.2 million with basic earnings per share reaching HK$19.7 cents. |
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Self-built Next Generation Network |
'''Self-built Next Generation Network''' |
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HKBN’s network currently covers 1.5 million Hong Kong households and will continue to expand towards the 2.0 million target by 2010, reaching over 90% of all homes in Hong Kong. HKBN is the first ISP to deploy Fibre-To-The-Home (FTTH) in the local residential market in September 2007 while the other competitors still predominately use copper wires for their last mile. The 100% self-built IP network (Metro-Ethernet) with cumulative investment of HK$2.6 billion, is independent from the incumbent operator, which empowers HKBN to offer superior service and value to their customers. Their symmetrical bandwidth ensures unbeatable speed for both uploading and downloading. |
HKBN’s network currently covers 1.5 million Hong Kong households and will continue to expand towards the 2.0 million target by 2010, reaching over 90% of all homes in Hong Kong. HKBN is the first ISP to deploy Fibre-To-The-Home (FTTH) in the local residential market in September 2007 while the other competitors still predominately use copper wires for their last mile. The 100% self-built IP network (Metro-Ethernet) with cumulative investment of HK$2.6 billion, is independent from the incumbent operator, which empowers HKBN to offer superior service and value to their customers. Their symmetrical bandwidth ensures unbeatable speed for both uploading and downloading. |
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For overseas, the Group invested part of submarine cables, including Japan-US Cable to connect the US and Japan across the Pacific Ocean, as well as Asia Pacific Cable Network 2, connecting to eight districts in Asia and allow direct link with the major fixed network operations in China. |
For overseas, the Group invested part of submarine cables, including Japan-US Cable to connect the US and Japan across the Pacific Ocean, as well as Asia Pacific Cable Network 2, connecting to eight districts in Asia and allow direct link with the major fixed network operations in China. |
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Corporate Social Responsibility (CSR) Measures |
'''Corporate Social Responsibility (CSR) Measures''' |
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The Group implemented different CSR measures through five aspects: |
The Group implemented different CSR measures through five aspects: |
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Position Name |
Position Name |
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Chairman Mr. Wong Wai Kay, Ricky |
Chairman Mr. Wong Wai Kay, Ricky |
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Vice-Chairman Mr. Cheung Chi Kin, Paul |
Vice-Chairman Mr. Cheung Chi Kin, Paul |
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Chief Executive Officer Mr. Yeung Chu Kwong, William |
Chief Executive Officer Mr. Yeung Chu Kwong, William |
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Chief Financial Officer, Company Secretary & Head of Staff Engagement Mr. Lai Ni Quiaque |
Chief Financial Officer, Company Secretary & Head of Staff Engagement Mr. Lai Ni Quiaque |
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Director of Corporate Division Mr. Chong Kin Chun, John |
Director of Corporate Division Mr. Chong Kin Chun, John |
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Director, Infrastructure Development Mr. Lo Sui Lun |
Director, Infrastructure Development Mr. Lo Sui Lun |
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Chief Technology Officer Dr. Tam Ming Chit |
Chief Technology Officer Dr. Tam Ming Chit |
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Managing Director of Business Development Ms. To Wai Bing |
Managing Director of Business Development Ms. To Wai Bing |
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Revision as of 08:42, 5 January 2009
This article may need to be rewritten to comply with Wikipedia's quality standards. |
![]() | |
Company type | Telecommunication |
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Industry | Telecommunications |
Founded | 1992 |
Headquarters | ![]() |
Key people | Chairman: Mr. Ricky Wong Wai Kay |
Products | CTI – IDD 1666, 888 International Calling Card, International Call Forwarding Service, ID16+, Get Fax Easy HKBN – Broadband, HomeTel, bbTV, 2b 2nd Generation Broadband Phone, IDD0030 |
Number of employees | 3,000[1] |
Website | www.ctigroup.com.hk |
Company Profile City Telecom (H.K.) Limited (CTI, Chinese: 城市電訊(香港)有限公司; pinyin: chéngshì diàn xìn) (SEHK: 1137, Nasdaq: CTEL) was established in 1992. It is a fast growing and innovative provider of residential and corporate fixed network and international telecommunications services in Hong Kong. CTI played a significant role in liberalizing the international telecommunications market monopoly in Hong Kong since their launch of services. Their aggressive marketing strategy broke the monopoly and helped Hong Kong people had saved up to HK$25 billion approximately from 1999 to 2002. With competitive pricing and quality service, CTI not only became the second largest international telecommunications service provider, but also bringing benefits to the general public and accelerating Hong Kong’s telecommunications development.
CTI’s wholly-owned subsidiary, Hong Kong Broadband Network Limited ("HKBN"), is a major fixed telecom network services operator, providing the world's fastest residential 1Gbps, 200Mbps, 100Mbps, 50Mbps and 25Mbps broadband Internet access, telephony, IP-TV and corporate data services with their self-built Metro Ethernet IP network, which is the largest alternative end-to-end network in Hong Kong. Since their establishment, the Group has aggressively marketed itself and its services to capitalize on the growth and deregulation of the Hong Kong telecommunications market. [Pls also add HKBN is the first ISP to provide FTTH in residential market, as stated in the paragraph about NGN network below.] HKBN is the first ISP to deploy Fibre-To-The-Home (FTTH) in the local residential market in September 2007 while the other competitors still predominately use copper wires for their last mile.
City Telecom was listed on The Stock Exchange of Hong Kong Limited (Stock Code: 1137) in August 1997 with an ADR Listing on the Nasdaq National Market (Ticker Symbol: CTEL) in the US in November 1999. In addition to the operations in Hong Kong, the Group also has branch offices in Canada and Guangzhou. Pulling together with perseverance, the Group has strived to achieve greater heights, beyond our individual capabilities, against challenging market conditions. Through long term investments and aggressive business strategy, they are building a strong future and laying the foundation to become Hong Kong's preeminent integrated telecommunications services provider.
The Group had the strongest turnover growth since FY2000, with the consolidated turnover grew by 14.2% year-on-year to HK$1,303.0 million for the year ended 31 August 2008. This solid growth was primarily contributed by their increase in Fixed Telecommunications Network Service business (FTNS) of 23.8% to HK$1,011.0 million. Besides, the Group’s profits attributable to their shareholders increased by 333.2% to HK$125.2 million with basic earnings per share reaching HK$19.7 cents.
Self-built Next Generation Network HKBN’s network currently covers 1.5 million Hong Kong households and will continue to expand towards the 2.0 million target by 2010, reaching over 90% of all homes in Hong Kong. HKBN is the first ISP to deploy Fibre-To-The-Home (FTTH) in the local residential market in September 2007 while the other competitors still predominately use copper wires for their last mile. The 100% self-built IP network (Metro-Ethernet) with cumulative investment of HK$2.6 billion, is independent from the incumbent operator, which empowers HKBN to offer superior service and value to their customers. Their symmetrical bandwidth ensures unbeatable speed for both uploading and downloading.
For overseas, the Group invested part of submarine cables, including Japan-US Cable to connect the US and Japan across the Pacific Ocean, as well as Asia Pacific Cable Network 2, connecting to eight districts in Asia and allow direct link with the major fixed network operations in China.
Corporate Social Responsibility (CSR) Measures The Group implemented different CSR measures through five aspects:
1. Education of Vales: CTI expect their talents with love, concern and direct actions to build up a harmonious society. The City Telecom Volunteer Team was established in August 2007, with aims to partnering with their talents to maximize social impacts. Besides, CTI also actively promote and implement “Green Programmes” to reduce resources consumption in order to save the Earth. [Pls also emphasize our Vision Statement] CTI has a set of core values for talents to follow. They encourage talents to continuous strive for the best as a way of life. They also lead the development of the industry and expect talents to be People’s Leader and Pioneer. Besides, CTI advocate direct, frank and transparent communication with their colleagues.
2. Employees Training: The Group implemented a series of enhancements to attract, develop and retain the best talent by setting up a Staff Engagement Department in 2006, with the primary objective to provide first class end-to-end service to the talents, working in direct partnership with their Customer Engagement Department. They provided talents with in-house professional development series to enhance talents’ skills and potentials.
3. Enhancing Life Quality: They also implemented work-life balance measures by initiating 5-day work, half day Group Reading session and paternity leave for male talents in September 2006, creating a caring environment for talents so that they can have balanced development in their career, family, health and other aspects for enhanced life quality.
4. Continuous Education: CTI has a comprehensive Education Partnership Program to co-invest in the Talent’s Continuing Education, so as to broaden talents’ horizons to maximize their impact to society. The Group not only sponsors up to 80% of qualified courses chosen by talents and offers them an additional examination leave, but also offers talents special sabbatical leave up to 1 year for their educational pursuit.
5. Enhancing Stakeholders’ Relations: The Group highly values their partnership with different stakeholders to greater contribution to society. Thus, they established close relationship with different non-government organizations, district councilors and educational institutions in the communities.
CTI and HKBN are managed by a team of professionals, rather than any single individual. Every strategic decision is made by the Management Committee.
Founders
Chairman – Wong Wai Kay, Ricky Mr. WONG Wai Kay, Ricky, is the co-founder and Chairman of the Group. He is responsible for our overall strategic planning and management. Mr. Wong has over 20 years' experience in the telecommunications and computer industries. He had worked at a major US-listed computer company as a marketing representative and was responsible for marketing and distribution of computer products in Hong Kong from 1985 to 1989. He was also a co-founder and director of a company principally engaged in import and distribution of computer systems in Canada prior to co-founding of the Group. Mr. Wong holds a Bachelor's Degree in Science and a Master of Business Administration Degree (Executive MBA Programme) from The Chinese University of Hong Kong. He is a first cousin of Mr. Cheung Chi Kin, Paul, the Vice Chairman of the Group. Currently, Mr. Wong is a member of Commission on Youth, a member of Zhejiang Committee, Chinese People's Political Consultative Conference, an independent non-executive director of Bossini International Holdings Limited and a member of the Board of Trustees, United College, The Chinese University of Hong Kong.
Vice Chairman – Cheung Chi Kin, Paul Mr. CHEUNG Chi Kin, Paul, is the co-founder and Vice Chairman of the Group. Mr. Cheung is responsible for overall strategic planning and management of the Group. Prior to that, Mr. Cheung was appointed as the Chief Executive Officer and was responsible for our day-to-day operations and technological research, development and support activities. Mr. Cheung has more than 27 years' experience in the telecommunications and computer industries. He had worked in companies engaged in application software development and computer consultancy prior to co-founding of the Group. Mr. Cheung graduated with a Diploma of Advanced Programming and System Concepts Design from Herzing Institute, Canada. Mr. Cheung is a first cousin of Mr. Wong Wai Kay, Ricky, the Chairman of the Group.
Management Committee
The Management Committee was formed to oversee the strategic planning, development and management of the Group. The committee consists of 8 members.
Position Name Chairman Mr. Wong Wai Kay, Ricky
Vice-Chairman Mr. Cheung Chi Kin, Paul
Chief Executive Officer Mr. Yeung Chu Kwong, William
Chief Financial Officer, Company Secretary & Head of Staff Engagement Mr. Lai Ni Quiaque
Director of Corporate Division Mr. Chong Kin Chun, John
Director, Infrastructure Development Mr. Lo Sui Lun
Chief Technology Officer Dr. Tam Ming Chit
Managing Director of Business Development Ms. To Wai Bing
Milestones
1992
- City Telecom (H.K.) Ltd. was incorporated in Hong Kong
- 888 International Calling Card Service was introduced
1993
- Switching center was established in Buffalo, New York, USA
1994
- Launch of 003 international Guarantee Fax Service
- Launch of GlobaLink International Calling Card Service
1997
- Launch of IDD300 Calling Service
- Set up INC (the Specialized IDD Network for Corporations) for corporate sector
- City Telecom was listed on the Stock Exchange of Hong Kong Limited
1998
- Launch of International Simple Resale (ISR) Fax Service
- Launch of CTInets Internet Access Service
- The first company to receive the license of ISR voice service in Hong Kong
1999
- Launch of IDD1666 Direct Calling Service
- ADR listing on the Nasdaq National Market of USA
2000
- Hong Kong Broadband Network Limited (“HKBN”), a subsidiary of City Telecom obtained the Local Wireless FTNS license
- Launch of Broadband Internet services by HKBN
2001
- CTI International awarded the Satellite-based Fixed Carrier license
- City Telecom Group’s 10th Anniversary
2002
- City Telecom (H.K.) Limited awarded the Cable-based External FTNS license
- HKBN officially launched local on-net VOIP telephony service
- HKBN upgraded to become a wireline-based FTNS licensee
- Launch of HKBN IDD0030 service
- HKBN was confirmed by Cisco Systems to have successfully established the largest Metro Ethernet IP network in the world
2003
- HKBN officially launched IP-TV service
2004
- HKBN launched corporate data services
- HKBN launched off-net residential VOIP service, namely, the Broadband Phone Service
- HKBN announced the launch of “bb100”, Hong Kong’s first 100Mbit/s residential broadband service, and the release of its 1Gbit/s residential broadband service by 2Q 2005
2005
- HKBN officially launched “bb1000” Fibre-to-the-Home 1Gbit/s residential broadband service
- HKBN conferred as the winner of Global Entrepolis@Singapore Award 2005, which was presented by the Asian Wall Street Journal in association with the Economic Development Board of Singapore
- HKBN launched 2b Broadband Phone Service, providing VOIP service to local and overseas users via software version broadband phone
- HKBN has become the first service provider in the world to achieve the Cisco Powered Network Metro Ethernet QoS Certified status
2006
- HKBN received “Best Brand Award 2005 (Broadband Service)” from PC Weekly
- CTI Group enhanced Work-Life Balance with the launch of eight employee-beneficial measures
- Liu Xiang “Be Ahead of Yourself” marketing campaign won the “Certificate of Excellence” of HKMA/TVB *Awards for Marketing Excellence 2006, organized by the Hong Kong Management Association and Television Broadcasts Limited
2007
- HKBN launched bb50 & bb200 symmetric residential broadband service supported by “SDU” personalized customer care service
- HKBN enhanced Digital TV Platform and launched new application “bbBOX”
- HKBN received e-zone’s e-brand award 2006-07 “Best Brand for Internet Service Provider”
- HKBN’s IP-TV service was renamed as bbTV
- CTI Group received recognition for its Talent Management Award at the Hong Kong HR Awards 2007
- HKBN was awarded “Integrated Support Team” of the Year at the Asia Pacific Customer Service Consortium (APCSC) Customer Relationship Excellence Awards (CRE Awards)
- CTI Group established Volunteer Team
- HKBN launched “Fiber-To-The-Home” (FTTH) residential broadband services “FiberHome100”, “FiberHome200” and “FiberHome1000”
- City Telecom Group’s 15th Anniversary
2008
- HKBN launches Dual Mode High Definition Terrestrial TV Receiver + IPTV Set-Top Box
Awards
2008 HKBN received Hi-Tech Weekly's The Best of The Best Awards 2007-08 -Best Brand for Internet Service Provider HKBN received TVB Most Popular TV Commercial Awards 2008 - "Most Innovative" & "Most Popular Series" Awards HKBN received ATV’s The 14th Annual Most Popular TV Commercial Awards
2007
APCSC Customer Relationship Excellence Awards for “Integrated Support Team of the Year”
Hong Kong HR Awards 2007 – Best Retention Strategy EZone’s eBrand award 2006-07 “Best Brand for Internet Service Provider” The Hong Kong Council of Social Service : Caring Company 2007
2006
HKMA/TVB Awards for Marketing Excellence 2006 - Certificate of Excellence: "Be Ahead of Yourself" Contact Centre of the Year (over 100 seats), Corporate Awards – Bronze at the Hong Kong Call Centre Association (HKCCA)’s 7th Annual Call Centre Awards 2006 “Call Centre of the Year” and "Customer Service Center of the Year" awards at the Customer Relationship Excellence Awards (CRE Awards) of Asia Pacific Customer Service Consortium (APCSC) Hong Kong Management Association - 38th Distinguished Salesperson Award 16th International ASTRID Awards Competition - Annual Reports: Corporate Overall: Distinctive Format Over 121 Pages The 12th Annual Most Popular TV Commercial Awards - Liu Xiang bb 1000 The Hong Kong Council of Social Service: Caring Company 05/06 PC Weekly Best Brand Award 2005 (Broadband Service)
2005
The first service provider in the world to achieve the Cisco Powered Network Metro Ethernet QoS Certified Status Winner of Global Entrepolis@Singapore Award 2005, presented by the Asian Wall Street Journal and the Economic Development Board of Singapore 2005 International Arc Awards Competition - Interior Design: Telecommunications: Other Countries: Bronze - City Telecom (H.K.) Limited Annual Report
2004
2004 International Arc Awards Competition - Interior Design: Telecommunications: Other Countries: Bronze - City Telecom (H.K.) Limited Annual Report
2003
On leveraging with Citizen Pig, HKBN was recognized 4As Creative Awards Single TV/Cinema Commercial: Silver
2002
HKGCC Innovative Service Award 2002 Bruce Lee, Hong Kong Broadband Network received 2000 4As Best Chinese Copy: Merit (Craft Award - non-broadcast)
2000
CTI Superman, 2000 Best Single TV/Cinema Commercial Client Award: Silver CTI Superman, 2000 4As Best Chinese Copy Craft Award (Broadcast) CTI Superman, The 6th Annual Most Popular TV Commercial Awards CTI Superman with Monster, The 6th Annual Most Popular TV Commercial Awards
1999
Next Magazine Top Service Awards 1999 (IDD Service Provider) DHL / SCMP Hong Kong Business Awards Enterprise Trophy 1999
See also
- Hong Kong Broadband Network Limited
- List of Hong Kong companies
- Companies listed on the Hong Kong Stock Exchange
References
- ^ a b "Company Profile for City Telecom Ltd (CTEL)". Retrieved 2008-10-23.