City Telecom's Hong Kong Broadband ended its fiscal year at the end of August 2008 with 156,000 IPTV subscribers, an increase of 20,000 subscribers over the previous six months. The company also had 316,000 broadband subscribers, an increase of 37,000 over the same period. It stated that it now has more broadband subscribers than the cable TV company in Hong Kong.
City Telecom seems to have found the way to increase its IPTV subscriber base, which has been flat over the last couple of years.
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