1Gbps Broadband Service for Hong Kong

Hong Kong is planning to launch a 1Gbps broadband home service. Although the idea of using shared infrastructure is nothing new for TV/phone/data this appears to be the first to do this over IP at such high speed. The cost is high — US$215 a month. Per megabit, however, this is a very cheap service. This kind of solution only really works in town blocks where cat5 cabling is a realistic option