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  • Oct 25, 2014
  • Updated: 11:17am

City Telecom

Regulation scheme surprises CTI

City Telecom (CTI) chairman Ricky Wong Wai-kay had been 'surprised' this week when former Broadcasting Authority head Norman Leung Nai-pang said the authority should regulate the firm's recently launched pay-television service.

Saturday, 6 September, 2003, 12:00am

City Telecom hopes to find audience with pay-TV deal

City Telecom plans to enter the pay-television market next month, offering a package of 10 to 12 channels aimed at budget-minded consumers, chairman Ricky Wong Wai-kay said.

The new entrant expects to offer the package at less than $100 per month for its soft launch and unveil other packages next year.

24 Jul 2003 - 12:00am

Investigators uncover truth - eventually

It is so impressive when the stock exchange bares its teeth.

Dogmatic investigators were obviously hot on the trail of ASM Pacific Technology recently.

The semiconductor equipment manufacturer admitted to certain connected transactions in an announcement last week.

22 Apr 2003 - 12:00am

CTI FULFILS PLEDGE

City Telecom (CTI) said it had received the last HK$5 million tranche of its HK$35 million performance bond pledged to the Telecommunications Authority because it had honoured the commitments of its wireless fixed-network licence since 2000.

1 Apr 2003 - 12:00am

City Telecom has high hopes for cable

Although it is entering a small market where competition is heating up, City Telecom (CTI) hopes to attract 25,000 subscribers to its pay-television service in its first year of business by offering cheaper prices than dominant operator i-Cable Communications.

10 Mar 2003 - 12:00am

Goliaths worry as CTI moves forward

RICKY WONG WAI-KAY has taken on a 'David' (against Goliath) persona over the past few years.

The 40-year-old chairman of City Telecom (CTI) has earned a reputation as being flexible and creative amid a telecom sector dominated by large operators.

14 Feb 2003 - 12:00am

CTI profit up 69pc as IDD market share grows

City Telecom (CTI) has reported a 69 per cent year-on-year profit surge to a record HK$91.1 million and claims its 24 per cent IDD market share threatens PCCW's dominant position.

Hong Kong's No 2 international call operator had a turnover of HK$1.15 billion for the 12 months to August, up from HK$1.02 billion last year.

21 Nov 2002 - 12:00am

CTI profit jumps 69pc on cost cutting as IDD market share grows

City Telecom (CTI) has reported a 69 per cent year-on-year profit surge to a record HK$91.1 million and claims its 24 per cent IDD market share threatens PCCW's dominant position.

Hong Kong's No 2 international call operator had a turnover of HK$1.15 billion for the 12 months to August, up from HK$1.02 billion last year.

21 Nov 2002 - 12:00am

China Telecom confirms rise in IDD charges

China Telecom has confirmed a major rise in international-direct-dial (IDD) tariffs charged to overseas carriers in a bid to boost profitability before applications for its SAR share offering close.

29 Oct 2002 - 12:00am

IDD rises 'won't hit earnings'

Consumers are likely to bear the brunt of a proposed increase in international-direct-dial (IDD) charges levied by the mainland's telecommunications operators on calls from Hong Kong to China.

28 Oct 2002 - 12:00am

Mainland IDD rises 'won't hit earnings'

Consumers are likely to bear the brunt of a proposed increase in international direct dial (IDD) charges levied by the mainland's telecommunications operators on calls from Hong Kong to China.

28 Oct 2002 - 12:00am

Higher mainland fees plan to hurt local IDD operators

Hong Kong international-direct-dial (IDD) operators face a profit crunch that could see consumers facing higher call charges to the mainland under a proposed sharp increase in fees planned by Chinese telecom carriers.

24 Oct 2002 - 12:00am

CTI profit surges ahead

City Telecom International's profit surged more than six times, year on year, in the six months to the end of February, to HK$42.75 million from HK$5.82 million previously. Turnover rose 7 per cent to HK$544.91 million.

22 May 2002 - 12:00am

Subsidiary merged

Broadband communication services provider AcrossAsia Multimedia has merged its wholly owned AsiaPay (HK) and Taiwan's e-solutions security provider KeyTrend Technology Holdings.

25 Aug 2001 - 12:00am

Egypt flocks to e-sheep market

Analysts rarely point to Egypt as a rising star of e-commerce, but it seems the poor North African nation is competing with Hong Kong as an online sales hub. In the build-up to yesterday's annual Islamic feast of Eid al-Adha, Egyptians have been rushing out to buy up their ritual mutton. Each year, Muslim families sacrifice a sheep in memory of Abraham.

6 Mar 2001 - 12:00am