City Telecom who operates the Hong Kong Broadband service ended February 2008 with 170,000 IPTV subscribers. This is an increase of 14,000 subscribers over the previous six months. It also had 350,000 broadband subscribers, and increase of 34,000 over the same period.
City Telecom is continuing to increase its IPTV base but still has a penetration rate less than 50 percent.
Showing posts with label City Telecom. Show all posts
Showing posts with label City Telecom. Show all posts
Friday, March 27, 2009
Monday, November 17, 2008
Hong Kong Broadband at 156K IPTV Subscribers
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.
City Telecom seems to have found the way to increase its IPTV subscriber base, which has been flat over the last couple of years.
Monday, May 19, 2008
Hong Kong Broadband has 136K IPTV Subscribers
Hong Kong Broadband, a subsidiary of City Telecom, reached 136 thousand IPTV subscribers at the end of February 2008. It added 8 thousand subscribers during the previous six month period. The company also had 279 thousand broadband subscribers at the same time, adding 32 thousand over the previous six months.
City Telecom dropped the price of its 100 Mbps broadband service in order to increase its subscriber base. This contributed to the increase in its broadband business. Its ARPU across all its services remained flat during the period at about $23 per month. The company sets its broadband prices significantly below PCCW, the incumbent Telco in Hong Kong.
City Telecom is an aggressive competitor in a tough market. It increased its total revenues by nearly 11 percent year over year and has shown a profit over the last 18 months. This is a real achievement.
City Telecom dropped the price of its 100 Mbps broadband service in order to increase its subscriber base. This contributed to the increase in its broadband business. Its ARPU across all its services remained flat during the period at about $23 per month. The company sets its broadband prices significantly below PCCW, the incumbent Telco in Hong Kong.
City Telecom is an aggressive competitor in a tough market. It increased its total revenues by nearly 11 percent year over year and has shown a profit over the last 18 months. This is a real achievement.
Wednesday, January 23, 2008
Hong Kong Broadband adds HD DTV Receiver
City Telecom added a dual mode set-top box to its Hong Kong Broadband IPTV service to its IPTV service that permits its viewer to view SD and HD digital terrestrial programs as well as its SD IPTV programming.
This is a strategy that is used by many IPTV service providers in Europe. Its next step will be to offer HD IPTV services. Its FTTB network should be able to support that.
This is a strategy that is used by many IPTV service providers in Europe. Its next step will be to offer HD IPTV services. Its FTTB network should be able to support that.
Wednesday, November 28, 2007
City Telecom to Deploy Alcatel GPON
City Telecom in Hong will start deploying Alcatel GPON systems as part of its FTTH network starting in January 2008 to support its Hong Kong Broadband Network service. City Telecom has a firm plan to extend its fiber coverage from 1.4 million homes passed today to 2 million by 2010. This will give it 90 percent population coverage in Hong Kong.
City Telecom will use both active Ethernet and GPON in its future deployments. It has found that the cost performance of GPON has improved to the point where it is competitive with Ethernet in certain deployment scenarios, particularly in lower density applications. It has also found that GPON can overcome the 100 meter distance limitation of 100 BaseT Ethernet over Category 5 cable.
This is an interesting move. City Telecom has been using Cisco point-to-point Ethernet until now. It indicates that GPON does provide real benefits over active Ethernet in some applications but has not yet won the technology battle.
City Telecom will use both active Ethernet and GPON in its future deployments. It has found that the cost performance of GPON has improved to the point where it is competitive with Ethernet in certain deployment scenarios, particularly in lower density applications. It has also found that GPON can overcome the 100 meter distance limitation of 100 BaseT Ethernet over Category 5 cable.
This is an interesting move. City Telecom has been using Cisco point-to-point Ethernet until now. It indicates that GPON does provide real benefits over active Ethernet in some applications but has not yet won the technology battle.
Friday, November 23, 2007
PCCW Introduces ! Gig FTTH Services
PCCW, the incumbent telco in Hong Kong, now offers the PCCW 1000M+ gigabit Ethernet FTTH service two two thirds of Hong Kong's households. It also offers the 100M 100 Mbps Ethernet FTTH service. It stated that it plans to offer a 1.25 Gbps service some time in 2008.
The 100M service is priced at $US75 per month and the 1000M+ service is priced at $280 per month.
PCCW is stepping up the level of broadband competition in Hong Kong. These FTTH are premium services but are well priced for technology based small and home businesses.
PCCW's new offerings now compete directly with City Telecom's Hong Kong Broadband FTTH services in Hong Kong. This will put pricing pressure on City Telecom in order to maintain an advantage in this market.
The 100M service is priced at $US75 per month and the 1000M+ service is priced at $280 per month.
PCCW is stepping up the level of broadband competition in Hong Kong. These FTTH are premium services but are well priced for technology based small and home businesses.
PCCW's new offerings now compete directly with City Telecom's Hong Kong Broadband FTTH services in Hong Kong. This will put pricing pressure on City Telecom in order to maintain an advantage in this market.
Monday, November 19, 2007
Hong Kong Broadband IPTV Flat
City Telecom added 4 thousand IPTV subscribers to its IPTV service over the last 12 months bringing its total to 120 thousand.
City Telecom's chairman stated that he foresees dramatic changes in the pay TV market in the coming year in Hong Kong. PCCW’s acquisition of the English Premier League football matches and the most popular movie’s broadcasting rights has been a major blow to Cable TV. Many of cable's long-time subscribers would consider changing to other services, one of which is PCCW's, but to pay a higher price than Cable TV, another alternative is not to subscribe any pay TV service at all. In view of this market change, City Telecom is considering an offering that is similar to Cable TV, attracting some of their subscribers to its service.
City Telecom started its IPTV service with a bang and added 100 thousand subscribers in its first year. Its growth has been slow since then. I think that part of the problem has been churn caused by its introductory offer of one year free IPTV service. But I believe that the more serious problem is that City Telecom has not yet come up with a compelling offer that is competitive with both the cable company and PCCW. It appears that the company recognizes this and is going to do something about it.
City Telecom's chairman stated that he foresees dramatic changes in the pay TV market in the coming year in Hong Kong. PCCW’s acquisition of the English Premier League football matches and the most popular movie’s broadcasting rights has been a major blow to Cable TV. Many of cable's long-time subscribers would consider changing to other services, one of which is PCCW's, but to pay a higher price than Cable TV, another alternative is not to subscribe any pay TV service at all. In view of this market change, City Telecom is considering an offering that is similar to Cable TV, attracting some of their subscribers to its service.
City Telecom started its IPTV service with a bang and added 100 thousand subscribers in its first year. Its growth has been slow since then. I think that part of the problem has been churn caused by its introductory offer of one year free IPTV service. But I believe that the more serious problem is that City Telecom has not yet come up with a compelling offer that is competitive with both the cable company and PCCW. It appears that the company recognizes this and is going to do something about it.
Thursday, September 27, 2007
Hong Kong Broadband Promoting Fiber
Hong Kong Broadband is using its fiber to the home network to take a swipe at PCCW, the incumbent in Hong Kong. Hong Kong Broadband is a service of City Telecom in Hong Kong. Its new add states:
"How fast is broadband connectivity though old phone lines" To download a 90-minute DVD movie, for instance, old phone line connectivity takes about 113 MINUTES (1hr 53min); Fibre-to-the-Home broadband takes only 41 SECONDS to do just the same! Obviously, old phone line broadband is no match for Fibre-to-the-Home."
I think it is clear that there is significant market appeal in fiber services. Hong Kong Broadband has done well so far against a very strong incumbent, PCCW. Verizon's FiOS is showing that fiber has strong appeal in the U.S. as well.
"How fast is broadband connectivity though old phone lines" To download a 90-minute DVD movie, for instance, old phone line connectivity takes about 113 MINUTES (1hr 53min); Fibre-to-the-Home broadband takes only 41 SECONDS to do just the same! Obviously, old phone line broadband is no match for Fibre-to-the-Home."
I think it is clear that there is significant market appeal in fiber services. Hong Kong Broadband has done well so far against a very strong incumbent, PCCW. Verizon's FiOS is showing that fiber has strong appeal in the U.S. as well.
Wednesday, September 19, 2007
Hong Kong Broadband Restructures Services
Hong Kong Broadband, the fiber to MDU provider in Hong Kong, is restructuring its fiber to the home (FTTH) service. Its new services are offered at 100 Mbps, 200 Mbps, and 1 Gbps at US$48.50/month, US$88.20/month, and US$215,40/month respectively.
It will also make its 25 Mbps service its entry point offering and discontinue its 10 Mbps offering. Hong Kong Broadband uses point-to-point Ethernet technology.
Hong Kong Broadband focuses on the mass, Chinese speaking market in Hong Kong. It has been successful so far and this new offering should be attractive to broadband users looking for higher speeds.
It will also make its 25 Mbps service its entry point offering and discontinue its 10 Mbps offering. Hong Kong Broadband uses point-to-point Ethernet technology.
Hong Kong Broadband focuses on the mass, Chinese speaking market in Hong Kong. It has been successful so far and this new offering should be attractive to broadband users looking for higher speeds.
Friday, May 18, 2007
City Telecom IPTV Flat
City Telecoms Hong Kong Broadband Network service had 120 thousand IPTV subscribers at the end of February 2007, up from 116 thousand at the end of August 2006. As a whole, its broadband business was flat as well, growing to 227 thousand subscribers at the end of February 2007, compared to 220 thousand subscribers at the end of August 2006.
City Telecom is positioning itself as a premium service provider with broadband services in the 20 to 100 Mbps range using its fiber based access network. It is phasing out its 10 Mbps offering. At 25 Mbps it has a significant performance margin over its DSL competitors such as PCCW. Its 25 Mbps service is priced at $27 US per month and its 100 Mbps service is priced at $38 per month.
City Telecom is struggling to get ahead in the Hong Kong market. PCCW has the momentum today. City Telecom's financial position is improving with higher ARPUs generated from stronger uptake of its higher speed services. This has resulted in the company returning to profitability.
It introduced its IPTV service with a first year free offer and quickly generated 100 thousand subscribers. I believe that that this strategy caused a high level of churn with the service as people had to start paying for it. I think it has done well to maintain this customer base even though further growth has been slow.
City Telecom is positioning itself as a premium service provider with broadband services in the 20 to 100 Mbps range using its fiber based access network. It is phasing out its 10 Mbps offering. At 25 Mbps it has a significant performance margin over its DSL competitors such as PCCW. Its 25 Mbps service is priced at $27 US per month and its 100 Mbps service is priced at $38 per month.
City Telecom is struggling to get ahead in the Hong Kong market. PCCW has the momentum today. City Telecom's financial position is improving with higher ARPUs generated from stronger uptake of its higher speed services. This has resulted in the company returning to profitability.
It introduced its IPTV service with a first year free offer and quickly generated 100 thousand subscribers. I believe that that this strategy caused a high level of churn with the service as people had to start paying for it. I think it has done well to maintain this customer base even though further growth has been slow.
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