How ACT Fibernet is building broadband 'highways' [Forbes India]
- Thread starter swatkats
- Start date
swatkats
Skilled
ACT lines up ₹1,200-cr. capex
Atria Convergence Technologies has earmarked between ₹1,200 crore and ₹1,500 crore towards capital expenditure over the next two years. About 60% of this would be spent in building underground networks to reach customer homes.
“A substantial part of the capex, about ₹500 crore, is meant for Chennai alone,” said Bala Malladi, chief executive officer, Atria Convergence, which markets its fibre-to-home services under the ACT Fibernet brand. Delhi, where the company recently unveiled its service, would also account for a part of the capex, he added.
http://www.thehindu.com/business/Industry/act-lines-up-1200-cr-capex/article18724020.ece
Expansion on the way.
Atria Convergence Technologies has earmarked between ₹1,200 crore and ₹1,500 crore towards capital expenditure over the next two years. About 60% of this would be spent in building underground networks to reach customer homes.
“A substantial part of the capex, about ₹500 crore, is meant for Chennai alone,” said Bala Malladi, chief executive officer, Atria Convergence, which markets its fibre-to-home services under the ACT Fibernet brand. Delhi, where the company recently unveiled its service, would also account for a part of the capex, he added.
http://www.thehindu.com/business/Industry/act-lines-up-1200-cr-capex/article18724020.ece
Expansion on the way.