Scatmag.com

May 2017

ACT BRINGS 1GBPS TO INDIAN USERS



ACT Fibernet has brought 1 Gbps broadband to consumers in Hyderabad. The 1 Gbps service was launched in April for Rs. 5,999 per month with a FUP of 1 TB per month.

Very few cities in the world offer these speeds. Giga speeds will allow downloads from the internet faster than transferring data to a USB-2 drive.

The average Indian broadband speed is a mere 2.5 Mbps. India is the second largest market globally with internet connectivity reaching over 400 million people.

Speaking at the launch, Telangana's Minister for IT, K. Taraka Rama Rao said, "I am extremely pleased to witness the historic launch of 1Gbps broadband internet service for an entire city in the country. It is my vision to connect our residents through high speed internet and I am sure this product from ACT Fibernet will further help fulfil my vision of making Telangana a tech and digitally advanced hub."


1 Gbps With 1 TB FUP @ Rs. 5,999 Per Month







ACT FIBERNET

ACT Fibernet is India's largest non-telco ISP & the third largest Indian ISP overall. Present in 11 cities, it has more than 65% market share in Hyderabad & Secunderabad.

"We plan to invest Rs. 1,000 crore to Rs. 1,200 crore in the next 18 months to 24 months. This amount will be used towards expansion, technology upgrades & investment in the backend. We are funded by TrueNorth and TA Associates and both the investors have committed further investments," said Bala Malladi, CEO, Atria Convergence Technologies Pvt Ltd.

"In the last 2 years, an estimated investment of Rs. 1,100 crore has been made," Bala added. n