31 March 2017 Current Affairs: ACT Fibernet announced the launch of 1Gbps (gigabits per second) wired broadband internet services in Hyderabad. This makes the `City of Pearls’ India’s first `Giga City’.
In Hyderabad, the 1 Gb plan will be offered at Rs 5,999 per month.
The services were launched by Telangana IT minister K T Rama Rao.
ACT Fibernet CEO: Bala Malladi
ACT Fibernet's 1 Gbps wired internet service will be launched in 10 other cities in the near-term. It also plans to invest around Rs 1,200 crore over the next two financial years to boost its presence in the country.
About ACT Fibernet:- Full form: Atria Convergence Technologies Pvt. Ltd
Areas served: Karnataka, Andhra Pradesh, Telangana, Tamil Nadu, Delhi