City Telecom (CTEL) to Present at ROTH 'China Comes To Phoenix' Conference, Nov 29-30, 2007, Phoenix, AZ, USA
09 November 2007 - 5:27PM
PR Newswire (US)
HONG KONG, Nov. 9 /Xinhua-PRNewswire-FirstCall/ -- City Telecom
(HK) Limited (Nasdaq: CTEL; HKEx: 1137) is pleased to announce our
participation in the ROTH Capital Partners Ltd 'China Comes to
Phoenix' Conference, November 29-30, 2007, Phoenix, AZ, USA. CTEL's
presentation is scheduled for 2:00 pm - 2:45 pm, November 29, 2007
Phoenix, AZ, time. A live webcast and replay will be available at
http://www.wsw.com/webcast/roth14/ctel/ . Presentation Title:
'Profiting from Unlimited Bandwidth' -- 1 Gbps to the home New
Generation Network built for US$130/home pass. -- Inflection point
from investing to harvesting -- positive free cash flow after
capital expenditure achieved. -- Scaling to higher revenues and
profits -- growing the network from 1.4 million homes passes to 2.0
million home passes. -- Premium pricing strategy -- profiting from
unlimited bandwidth. -- Financial Year ended 31 August 2007
performance update. Corporate Bio Hong Kong Broadband Network
Limited is a wholly owned subsidiary of City Telecom (H.K.) Limited
(Nasdaq: CTEL; HKEx: 1137). Having built the world's largest Metro
Ethernet broadband network, HKBN delivers up to 1 Gbps broadband
access to 1.4 million home passes today and is committed to expand
to 2.0 million home passes by 2010 (90% of total Hong Kong
population). As Hong Kong's largest alternative end-to-end
alternative telecom carrier, HKBN currently serves 640,000
subscriptions across its triple-play service offerings of voice,
broadband and IP-TV. Speaker Bio Mr. NiQ Lai, is CFO and Head of
Staff Engagement, joining the Group in May 2004. Mr. Lai has
extensive experience in telecommunications industry research and
finance, being highly rated in this field. Prior to joining City
Telecom, Mr. Lai was Director and Head of Asia Telecom Research for
Credit Suisse, having spent 8 years with the firm. During his
tenure with Credit Suisse, Mr. Lai was involved in global fund
raisings for wide range of Asian Telecom carriers such as China
Mobile, China Telecom, SK Telecom, PCCW, Telekom Malaysia, StarHub
etc. Before that, Mr. Lai held positions with Hongkong Telecom and
Kleinwort Benson Securities (Asia). Mr. Lai holds a Bachelor of
Commerce degree from the University of Western Australia, Fellow of
CPA Australia, Member of the Hong Kong Institute of Directors and
is currently enrolled for the Kellogg-HKUST eMBA program commencing
January 2008. For enquiries, please contact: Ms Jessie Cheng
Corporate Communications Tel: +852-3145-4118 Email: DATASOURCE:
City Telecom (HK) Limited CONTACT: Ms Jessie Cheng of City Telecom
(H.K.) Limited, +852-3145-4118, or Web site:
http://www.wsw.com/webcast/roth14/ctel
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