ACT Fibernet today launched its 1Gbps (Giga speeds) wired broadband service in Hyderabad, making it the first Internet Service Provider in India to launch Gigabit broadband for customers in India. It was launched by Shri. K. Taraka Rama Rao, Minister for IT, Municipal Administration and Urban Development and Industries (MAUD).
It costs Rs. 5,999 per month and comes with 1TB FUP after that speed will be throttled to 10 Mbps. Installation charges is Rs. 5000 since 50 to 60 meters of wiring needs to be changed. ACT Fibernet said that its 1Gbps launch will leapfrog Hyderabad internet speeds to 400x national average, compared to average internet speeds in India which is at 2.5 Mbps.
The company said that it is the largest broadband provider in twin cities of Hyderabad and Secunderabad with over 65% market share.
ACT Fibernet said that its 1Gbps wired internet service will be available in all the 11 cities it operates in coming months.
Commenting 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.
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
Shri. K. Taraka Rama Rao, Honourable Minister for IT, Municipal Administration and Urban development and Industries, 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.