We wrote an article long back regarding the situation of Broadband connection in India and honestly, the situation then looked grim. Things have changed rather quickly and today, ACT Fibernet, one of the leading ISP’s in India, has announced 1 Gigabit per second wired broadband internet service in Hyderabad, the first player in the Indian market to offer such a high speed for an entire city.
ACT Fibernet is the first player in the Indian internet market to launch a Gigabit Internet in India.
Incidentally ACT Fibernet is the largest non-telco ISP in India. It uses fiber optic technology, and its 1 Gbps offering is 400 times faster than the average internet speed of 2.5 megabits per second in India. This will leapfrog Hyderabad internet speeds to 400x national average. Very few cities across the world can boast as being ‘Giga enabled’, certainly not at this scale.
Speaking on the launch Mr. Bala Malladi, CEO, ACT Fibernet said, “With our citizens and the government moving towards the Digital India movement, high-speed internet is the need of the hour. With the launch of our 1 Gbps broadband internet service, it gives me immense pride to turn this dream into reality. The city of Hyderabad is apt for our maiden launch as it has some of the best technology brands, educational institutions, and a vibrant economy.”
Mr. Malladi further added, “We are confident this product will transform the way internet is now being consumed at large and this will fast-track the government’s newest target to connect all its 23 million Telangana residents through the Internet by 2018”.
Speaking at the launch, Honourable Minister for IT, Municipal Administration and Urban development and Industries, Shri. K. Taraka Rama Rao said, “I am extremely pleased to be present here and 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 fulfill my vision of making Telangana a tech and digitally advanced hub.”
India is the second largest market globally with internet connectivity reaching over 400 million people. With the government’s constant and fervent efforts to internet enable cities, internet penetration is set to reach over 600 million users by 2020. Additionally, the government’s recent announcement to boost high-speed broadband via optic Fiber to 1,50,000 gram Panchayats will further receive support through initiatives such as ACT Fibernet’s and its contribution to the country’s digital growth.
ACT Fibernet’s 1 Gbps wired internet service is slated to soon be available in the 11 cities the company is already present in. The product is currently available in Hyderabad for INR 5999 per month, 1 Gbps, 1TB FUP. The company also plans to invest Rs. 1,000 – 1,200 crore towards business growth across the country in the coming year and a half. This amount will be used towards expansion and technology upgradations and also investment in backend