ACT Fibernet, India's largest fibre-focused wired broadband ISP, has made a major strategic investment in Aprecomm Private Limited, a rapidly growing network intelligence solutions startup.
The investment aims to bolster ACT Fibernet's capacity to deliver an enhanced home Wi-Fi experience to its customers. However, the financial details of the transaction have not been disclosed by either company.
Focused on improving services
The integration of Aprecomm's advanced technology into ACT Fibernet's Wi-Fi products roadmap is central to this strategic investment. Aprecomm’s AI-based, self-optimizing technology and advanced Wi-Fi analytics will allow ACT Fibernet to gain real-time visibility into Wi-Fi performance.
This enables rapid and proactive resolution of last-mile connectivity challenges, thereby significantly enhancing the overall customer experience.
Leadership comments
Bala Malladi, CEO of ACT Fibernet, expressed his enthusiasm about the partnership, stating, "In line with our strategy of providing the best in-home Wi-Fi experience to our customers, we are happy to announce a strategic investment in Aprecomm to further strengthen our experience proposition. Aprecomm's AI-based, self-optimizing technology and advanced Wi-Fi analytics allow us to continuously optimize our network and significantly enhance our customer experience. This partnership underscores our commitment to delivering a seamless and delightful experience to our customers."
On the other hand, Pramod Gummaraj, CEO of Aprecomm, highlighted the alignment of both companies' visions. "This investment will significantly enhance our mission to transform the internet landscape by revamping the quality of internet services for subscribers worldwide. ACT Fibernet's expertise and commitment to innovation perfectly align with our vision, making them the ideal partner to revolutionize the in-home Wi-Fi experience for broadband subscribers."
Technological advancements in network performance
This partnership is expected to push the boundaries of technological advancements in network performance.
According to Ghuharajan Sivakumar, CTO of Aprecomm, said, "With this investment, ACT Fibernet, a valued customer, is now also one of our esteemed partners. Through this significant and positive development, ACT has reaffirmed its trust in Aprecomm. We are thrilled about this partnership, as it will allow us to continue pushing the boundaries of technological advancements and provide our subscribers with the best possible experience."
What does ACT Fibernet do?
ACT Fibernet is one of India's largest wired ISPs, headquartered in Bengaluru. It operates in 25 cities and serves 2.2 million customers.
Known for its cutting-edge technology and high-speed broadband connectivity, ACT Fibernet pioneered 1 Giga-speed connectivity in India, first in Hyderabad in 2017, followed by Bengaluru and Chennai in 2018. In 2019, the company launched its consumer product, ACT Stream TV 4K.
What does Aprecomm do?
Aprecomm, established in 2016, focuses on enhancing the network consumer's quality of experience through its AI-powered network optimization solutions.
These solutions provide ISPs and MSPs with visibility into broadband performance and enable remote monitoring, evaluation, and resolution of issues efficiently. Aprecomm’s solutions are now deployed in over 5 million devices worldwide, collaborating with leading global internet service providers.