Indian Internet Service Provider ACT Fibernet has launched 1Gbps wired broadband service in Hyderabad city.
ACT Fibernet is the first broadband operator in the Indian internet market to offer Giga speed Internet connection in an entire Indian city.
ACT Fibernet’s 1 Gbps launch will leapfrog Hyderabad internet speeds to 400x national average. The average internet speeds in India is 2.5 Mbps.
ACT Fibernet is the largest broadband provider in twin cities of Hyderabad and Secunderabad with over 65 percent market share.
“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,” said Bala Malladi, CEO of ACT Fibernet.
The giga speed Internet will fast track the government’s target to connect all its 23 million Telangana residents through the Internet by 2018.
India is the second largest market with internet connectivity reaching over 400 million. Internet penetration is set to reach over 600 million users by 2020. India aims to boost broadband via optic fiber to 150,000 gram Panchayats.
ACT Fibernet will launch 1 Gbps wired internet service in the 11 cities. The product is available in Hyderabad for INR 5,999 per month.