Atria Convergence Technologies Pvt. Ltd., branded as ACT, is an Indian telecommunications company headquartered in Bengaluru, Karnataka. ACT offers fiber to the home services under the brand name "ACT Fibernet" and digital television services under the "ACT Digital" brand. The company provides services in Karnataka, Telangana, Andhra Pradesh, Delhi, and Tamil Nadu.
ACT was the twelfth largest internet service provider in India as of March 2016. As on 30th June 2017, ACT was the third largest wired broadband service provider in India with over 1.22 million subscribers.
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History
Atria Convergence Technologies Pvt. Ltd. was founded in 2000 by Sunder Raju in Bengaluru. Private equity firm India Value Fund Advisors (IVFA) acquired a majority stake in the company in 2008.
In 2009, the company acquired Beam Telecom Pvt. Ltd for an undisclosed sum. Beam Telecom was founded by Brijesh Chandwani in 2004, and offered broadband services in Hyderabad under the brand name Beam Fiber. ACT acquired an additional 20% stake in Beam Telecom in June 2014, raising its total stake in the company to 80%. In July 2014, ACT rebranded its broadband service from ACT Broadband to ACT Fibernet.
ACT continued to operate services in Hyderabad under the Beam Fiber name until 2015. On 16 February 2015, ACT announced that it was merging Beam Telecom Pvt. Ltd into itself, and would offer wire-line optical fiber broadband services in Hyderabad under the ACT Fibernet name. On the same day, ACT announced the launch of 100 Mbit/s plans.
Maps Atria Convergence Technologies
Expansion plans
On 30 March 2017, ACT launched 1 Gbit/s wired broadband plans in Hyderabad, becoming the first ISP in India to offer practically gigabit speeds. It also announced plans to introduce the gigabit speed to other cities. By July, the company was in talks with other ISP providers to increase its presence in the country, while also installing 1,000 WiFi hotspots in Hyderabad as part of the 'City WiFi Project'.
See also
- Internet in India
- List of internet service providers in India
References
External links
- Official website
Source of the article : Wikipedia
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