At a time when average internet speeds in India have reached 2.5 Mbps (megabits per second), Bengaluru-based Internet Service Provider (ISP) ACT Fibernet on Thursday announced the launch of 1Gbps (gigabits per second) wired broadband internet services in Hyderabad, making the `City of Pearls’ India’s first ‘Giga City’.
The company has been working for over a year and a half to launch these services in Hyderabad and has invested around Rs 100 crore to develop this technology in the city . In Hyderabad, the 1GB plan will be offered at Rs 5,999 per month.
The services were launched by Telangana IT, MA&UD and industries minister KT Rama Rao. “It is my vision to connect our res idents through high speed internet and I am sure this product will further help fulfil my vision of making Telangana a tech and digitally advanced hub,” Rao said, adding that key government establishments such as the secretariat and assembly , among others, will be upgraded to this high speed connectivity .
Commenting on the launch, ACT Fibernet CEO Bala Malladi said, “The city of Hyderabad is apt for our maiden rollout (of the 1GB services) as it has some of the best technology brands, educational institutions and a vibrant economy . We are confident this product will transform the way the internet is now being consumed at large and will also fast track the Telangana government’s target to connect all its 23 million residents through the internet by 2018.”