CTEL 2.0
City Telecom (H.K.) Limited and its subsidiaries provide international telecommunications services and fixed telecommunications network services to customers in Hong Kong and Canada. It offers broadband Internet access, telephony, IP-TV, corporate data services, international calling cards, and call forwarding services. The company also provides administrative support and media marketing services. As of August 31, 2005, it had approximately 631,000 fixed telecommunications network services subscriptions, consisting of approximately 229,000 broadband Internet access; 293,000 local VOIP; and 109,000 IP-TV services subscriptions. The company was founded in 1992 and is based in Kwai Chung, Hong Kong.
Monday November 20, 11:10 pm ET
City Telecom Announces FY06 Annual Results
-- Net loss narrowed to HK$92.2 million in FY06 from HK$213.3 million in FY05
-- EBITDA improved to HK$245.2 million in FY06 from HK$58.6 million in FY05, with rising EBITDA margin trend of 18.8% in 1H FY06 to 23.6% in 2H FY06
-- Successfully shifted focus from subscriber to revenue market share resulting in Fixed Telecom Network Services turnover increasing by 22.6% to HK$741.3 million
biz.yahoo.com
 |
