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Hong Kong Broadband Network Limited Announces Strategic Cooperation with Major Technology Providers

Strategic Insights

— 2 min read

Hong Kong Broadband Network Limited (HKBN), a subsidiary of City Telecom (H.K.) Ltd., has announced a significant strategic cooperation with four leading technology corporations: 3Com, Cisco Systems, Hewlett-Packard, and Nortel Networks. This partnership marks a major step forward in the development of HKBN's wireless broadband network services, with a commitment to invest HK$830 million over the next three years to acquire world-class technology and equipment.

This investment will enable HKBN to establish a reliable infrastructure capable of providing efficient broadband services to up to 70% of Hong Kong's population within three years. The co-operation will further consolidate HKBN's commitment to providing top-quality broadband network services. The HKBN infrastructure will be based on the platforms of 3Com, Cisco Systems, Hewlett-Packard, and Nortel Networks, renowned for their world-leading technologies.

Key Takeaways:

  • HKBN has partnered with 3Com, Cisco Systems, Hewlett-Packard, and Nortel Networks to develop its wireless broadband network services.
  • The partnership involves a HK$830 million investment over three years to acquire world-class technology and equipment.
  • The HKBN infrastructure will use the platforms of 3Com, Cisco Systems, Hewlett-Packard, and Nortel Networks.
  • The partnership aims to provide efficient broadband services to up to 70% of Hong Kong's population within three years.
  • Mr. Ricky Wong, chairman of HKBN, emphasized the company's commitment to providing top-quality broadband network services.
  • The partnership will enable HKBN to become a top-ranking broadband network services provider in Hong Kong.
  • HKBN will continue to invest and excel in service quality to capture market share in the broadband network service market.
  • The 3Com HomeConnect Cable Modem External is a broadband appliance that provides high-speed, easy, and reliable connectivity for work, learning, and entertainment.
  • 3Com has over 300 million customer connections worldwide and delivers web-enabled solutions through information access products and network systems.
  • Cisco Systems will continue its long-standing role as a strategic technology provider to HKBN, utilizing its growth and performance record to achieve stability, long-term vision, and reliability.
  • Hewlett-Packard is powering HKBN with its HP NetServer, which offers solutions to meet the needs of companies of all sizes.
  • HP NetServer is renowned for its quality and reliability, and HP is committed to improving its products to deliver higher levels of uptime, manageability, performance, and quality to customers.
  • Nortel Networks' Reunion* broadband wireless access solution will provide the "last-mile" of HKBN's network, connecting the local network to customer premises using radio.
  • The wireless solution will enable HKBN to deliver high-speed multimedia services, including voice, data, Internet, and video services to new and existing customers without long lead times, high costs, or complicated deployments.

Statistics:

  • HK$830 million investment over three years to acquire world-class technology and equipment.
  • Up to 70% of Hong Kong's population will have access to efficient broadband services within three years.
  • 3Com has over 300 million customer connections worldwide.
  • 3Com's 3Com HomeConnect Cable Modem External provides high-speed, easy, and reliable connectivity for work, learning, and entertainment.
  • Cisco Systems had 1999 U.S. GAAP revenues of US$21.3 billion and serves carrier, service provider, and enterprise customers globally.
  • Nortel Networks has 1999 U.S. GAAP revenues of US$21.3 billion and serves carrier, service provider, and enterprise customers globally.
  • HP has 83,200 employees worldwide and had total revenue from continuing operations of US$42.4 billion in its 1999 fiscal year.

Sources:

  • Hong Kong Broadband Network Limited (HKBN)
  • City Telecom (H.K.) Ltd.
  • 3Com Corporation
  • Cisco Systems, Inc.
  • Hewlett-Packard Company
  • Nortel Networks Corporation

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