After selling its main business, the parent company was renamed Hong Kong Television Network in order to attempt to enter the free-to-air television market of Hong Kong.

It provided residential broadband Internet access, telephony, IP-TV and corporate data services with their self-built Metro Ethernet IP network.

HKBN was the first ISP to deploy Fibre-To-The-Home (FTTH) in the local residential market in September 2007 while the other competitors still predominantly use copper wires for their last mile.

City Telecom was listed on the Hong Kong Stock Exchange (Stock Code: 1137) in August 1997, with an ADR Listing on the Nasdaq National Market (Ticker Symbol: CTEL) in the US in November 1999.

In addition to the operations in Hong Kong, the Group also had branch offices in Canada and Guangzhou, China.