Hong Kong Broadband Offers Symmetric 1 Gbps for US$26/Month

Hong Kong Broadband Network Limited (HKBN) has launched a symmetric 1 Gbps residential broadband service priced at HK$199 (US$26 per month). The carrier reports that demand for bandwidth in Hong Kong is growing at an exponential rate – driven by the popularity of cloud computing applications and high-definition, interactive multimedia services such as HD IPTV and online gaming. According to the latest figures from the Office of the Telecommunications Authority in Hong Kong, residential broadband penetration in Hong Kong has reached 81.4%, amongst the highest in the world.

The 1 Gbps residential service is powered by Alcatel-Lucent’s GPON platform and its High Leverage Network (HLN) architecture. Specifically, Alcatel-Lucent has deployed its 7342 Intelligent Services Access Manager Fiber-to-the-User (ISAM FTTU) platform.

Hong Kong Broadband Network, which is a subsidiary of City Telecom (H.K.), claims over 1,027,000 subscriptions for its broadband, local telephony and IP-TV services.
http://www.hkbn.net/2010/eng/en_index.htmlhttp://www.alcatel-lucent.com