HKBN to connect 2,000 commercial buildings with direct fibre

21 Jul 2009

Hong Kong Broadband Network, the high speed division of Hong Kong’s City Telecom, has announced that the number of commercial buildings connected by its direct fibre-optic access network will rise to 2,000 in the next two years, from 1,250 currently, as reported by the South China Morning Post. Director of HKBN’s corporate division, John Chong, said that the operator had so far secured about 15,000 corporate customers out of around 50,000 tenants that were covered by the high speed fibre network. ‘We connected 600 [commercial] buildings in the fiscal year to August 2008, which was equivalent to the total in the previous six years in the [business] market,’ added Chong. HKBN’s residential direct fibre network covers around 1.6 million homes, and by the end of February 2009 it had signed up 872,000 residential users. HKBN earns about 20% of its revenues from the corporate market, a number that is expected to increase in line with its expanding network coverage, Chong said.

Hong Kong, Hong Kong Broadband Network (HKBN)