ACT Fibernet, India’s largest non-telco and 3rd largest
Internet Service Provider has announced the launch of 1Gbps (Giga speeds) wired
broadband internet service for the city of Hyderabad. Launched in the presence
of K. Taraka Rama Rao, Minister for IT,
Municipal Administration and Urban Development and Industries (MAUD), ACT Fibernet is the first player in the Indian
internet market to GIGA enable an entire Indian city.
Riding
on the strength of being the largest non-telco ISP, ACT Fibernet has the best
global fiber optic technology and is now bringing world class experience with
futuristic speeds to Indian consumers.
When
the average internet speeds in India is 2.5 Mbps, ACT Fibernet’s 1 Gbps launch
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. This launch places Hyderabad in league of select cities in
the world that can boast of such futuristic technology. Giga speeds will allow
downloads from the internet faster than transferring data from a USB drive.
ACT
Fibernet is the largest broadband provider in twin cities of Hyderabad and
Secunderabad with over 65% market share. Growing at an incredible rate, ACT
Fibernet is known to be a speed pioneer in the broadband industry; this launch
will not only provide internet connections at incredibly high speeds, but will
disrupt and lead technological growth in the country.
Speaking on the launch 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.”
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, Minister for IT, Municipal Administration and Urban
development and Industries, 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 fulfil 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.
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