ACT was the fifth largest internet service provider in India as of January 2021. As on 31 March 2022, ACT was the fourth largest wired broadband service provider in India with over 20 lakh (2 million) subscribers.
Atria Convergence Technologies Limited was founded in 2000 by Sunder Raju in Bengaluru.[1] Private equity firm India Value Fund Advisors (IVFA) acquired a majority stake in the company in 2008.[5]
In 2009, the company acquired Beam Telecom Pvt. Ltd for an undisclosed sum.[6] Beam Telecom was founded by Brijesh Chandwani in 2004,[7] 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%.[5] In July 2014, ACT rebranded its broadband service from ACT Broadband to ACT Fibernet.[8][9][10]
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 fibre broadband services in Hyderabad under the ACT Fibernet name.[6] On the same day, ACT announced the launch of 100 Mbit/s plans.[11]
Expansion plansedit
On 22 July 2016, ACT made its presence in the capital city of Delhi, with the launch of four plans and highest speed of 100 Mbps.
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.[12] It also announced plans to introduce the gigabit speed to other cities.[13] 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'.[14]
ACT Fibernet expanded its presence by launching services in Madurai in September 2018[15] and Warangal in October 2018.
^ abc"Overview". www.actcorp.in. Retrieved 27 October 2016.
^"ACT Fibernet Office Address". www.actcorp.in. Retrieved 27 October 2016.
^"Act Fibernet Management Team". www.actcorp.in. Retrieved 27 October 2016.
^"YuppTV and ACT Fibernet Partner to Delight Their Hyderabad Users | Business Wire". www.businesswire.com. Retrieved 27 October 2016.
^ abKJ, Shashidhar (17 February 2015). "ACT Fibernet to roll out broadband services across India this year". MediaNama. Retrieved 27 October 2016.
^ abKalavalapalli, Yogendra (16 February 2015). "ACT targeting 1 million subscribers in 12 months". Livemint. Retrieved 27 October 2016.
^"50K Ventures Launches in Hyderabad and Bengaluru, Plans To Invest Under $156K in Idea & Early Stage Startups - Inc42 Media". inc42.com. Retrieved 27 October 2016.
^. www.televisionpost.com. Archived from the original on 28 October 2016. Retrieved 27 October 2016.
^Mukherjee, Riddhi (30 July 2014). "Updated: ACT Broadband rebranded as ACT Fibernet; To invest Rs 500 Crore to double its base". MediaNama. Retrieved 27 October 2016.
^Ganguly, Payal. "ACT Fibernet eyeing national broadband pie - The Economic Times". The Economic Times. Retrieved 27 October 2016.
^Kanth, K. Rajani (16 February 2015). "Atria Convergence Technologies targets one million customer base". Business Standard India. Retrieved 27 October 2016.
^"ACT Fibernet becomes the first ISP for providing Gigabit broadband service in India".
^"ACT Fibernet launches 1Gbps broadband service". The Economic Times. Retrieved 30 March 2017.
^"ACT Fibernet eyes acquisition to grow presence in India". The Economic Times. Retrieved 22 July 2017.
^"ACT Fibernet starts Madurai operations". @businessline. Retrieved 27 November 2018.
External linksedit
Official website
January 01, 1970
atria, convergence, technologies, limited, branded, indian, telecommunications, company, headquartered, bengaluru, karnataka, india, offers, fibre, home, ftth, services, under, brand, name, fibernet, digital, television, services, under, digital, brand, compan. Atria Convergence Technologies Limited branded as ACT is an Indian telecommunications company headquartered in Bengaluru Karnataka India ACT offers fibre to the home FTTH services under the brand name ACT Fibernet and digital television services under the ACT Digital brand The company provides services in Tamil Nadu Telangana Andhra Pradesh Karnataka Delhi Gujarat Rajasthan and Uttar Pradesh 1 Atria Convergence Technologies LimitedCompany typePrivateIndustryTelecommunicationsFounded2000 24 years ago 2000 FounderSunder Raju 1 HeadquartersIndian Express Building No 1 2nd Floor Queen s Road Bengaluru Karnataka India 2 Areas servedMajor metro cities and some towns Key peopleSunder Raju MD Bala Malladi CEO 3 ServicesFTTHInternet service providerDigital televisionLeased lineRevenue 2 000 crore US 250 million 2017 18 OwnersIndia Value Fund AdvisorsTA AssociatesNumber of employees7 100 4 2018 Websiteactcorp in ACT was the fifth largest internet service provider in India as of January 2021 As on 31 March 2022 ACT was the fourth largest wired broadband service provider in India with over 20 lakh 2 million subscribers Contents 1 History 2 Expansion plans 3 References 4 External linksHistory editAtria Convergence Technologies Limited was founded in 2000 by Sunder Raju in Bengaluru 1 Private equity firm India Value Fund Advisors IVFA acquired a majority stake in the company in 2008 5 In 2009 the company acquired Beam Telecom Pvt Ltd for an undisclosed sum 6 Beam Telecom was founded by Brijesh Chandwani in 2004 7 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 5 In July 2014 ACT rebranded its broadband service from ACT Broadband to ACT Fibernet 8 9 10 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 fibre broadband services in Hyderabad under the ACT Fibernet name 6 On the same day ACT announced the launch of 100 Mbit s plans 11 Expansion plans editOn 22 July 2016 ACT made its presence in the capital city of Delhi with the launch of four plans and highest speed of 100 Mbps 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 12 It also announced plans to introduce the gigabit speed to other cities 13 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 14 ACT Fibernet expanded its presence by launching services in Madurai in September 2018 15 and Warangal in October 2018 In 2019 ACT expanded its services to Jaipur Lucknow and Ahmedabad References edit a b c Overview www actcorp in Retrieved 27 October 2016 ACT Fibernet Office Address www actcorp in Retrieved 27 October 2016 Act Fibernet Management Team www actcorp in Retrieved 27 October 2016 YuppTV and ACT Fibernet Partner to Delight Their Hyderabad Users Business Wire www businesswire com Retrieved 27 October 2016 a b KJ Shashidhar 17 February 2015 ACT Fibernet to roll out broadband services across India this year MediaNama Retrieved 27 October 2016 a b Kalavalapalli Yogendra 16 February 2015 ACT targeting 1 million subscribers in 12 months Livemint Retrieved 27 October 2016 50K Ventures Launches in Hyderabad and Bengaluru Plans To Invest Under 156K in Idea amp Early Stage Startups Inc42 Media inc42 com Retrieved 27 October 2016 Atria plans to pump in Rs 500 crore eyes 1 mn broadband subs www televisionpost com Archived from the original on 28 October 2016 Retrieved 27 October 2016 Mukherjee Riddhi 30 July 2014 Updated ACT Broadband rebranded as ACT Fibernet To invest Rs 500 Crore to double its base MediaNama Retrieved 27 October 2016 Ganguly Payal ACT Fibernet eyeing national broadband pie The Economic Times The Economic Times Retrieved 27 October 2016 Kanth K Rajani 16 February 2015 Atria Convergence Technologies targets one million customer base Business Standard India Retrieved 27 October 2016 ACT Fibernet becomes the first ISP for providing Gigabit broadband service in India ACT Fibernet launches 1Gbps broadband service The Economic Times Retrieved 30 March 2017 ACT Fibernet eyes acquisition to grow presence in India The Economic Times Retrieved 22 July 2017 ACT Fibernet starts Madurai operations businessline Retrieved 27 November 2018 External links editOfficial website Retrieved from https en wikipedia org w index php title Atria Convergence Technologies amp oldid 1220416834, wikipedia, wiki, book, books, library,
