Trisha Shetty

Atria Convergence Technologies

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Industry  Telecommunications
CEO  Bala Malladi (2008–)
Founded  2000
Type of business  Internet service provider
Founder  Sunder Raju
Headquarters  Bengaluru
Number of employees  6,500
Atria Convergence Technologies httpsmediaglassdoorcomsqll532937atriaconv
Areas served  Karnataka, Andhra Pradesh, Telangana, Tamil Nadu and Delhi
Key people  Sunder Raju (MD) Bala Malladi (CEO)
Services  Fiber to the x internet service provider, digital television, leased line
Owners  India Value Fund Advisors TA Associates
Revenue  5 billion INR (2013–2014, US$74 million)
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Atria Convergence Technologies Pvt. Ltd., branded as ACT, is an Indian telecommunications company headquartered in Bangalore, Karnataka. ACT offers fiber to the home services under the brand name "ACT Fibernet" and digital television services under the "ACT Digital" brand. The company provides services in Karnataka, Telangana, Andhra Pradesh, Delhi, and Tamil Nadu.

Contents

ACT was the twelfth largest internet service provider in India as of March 2016. As on 31st August 2016, ACT was the third largest wired broadband service provider in India with over 1.05 million subscribers.

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History

Atria Convergence Technologies Pvt. Ltd. was founded in 2000 by Sunder Raju. Private equity firm India Value Fund Advisors (IVFA) acquired a majority stake in the company in 2008.

In 2009, the company acquired Beam Telecom Pvt. Ltd for an undisclosed sum. Beam Telecom was founded by Brijesh Chandwani in 2004, and offered broadband services in Hyderabad under the brand name Beam Fiber. ACT acquired an additional 20% stake in Beam Telecom in June 2014, raising its total stake in the company to 80%. In July 2014, ACT rebranded its broadband service from ACT Broadband to ACT Fibernet.

ACT continued to operate services in Hyderabad under the Beam Fiber name until 2015. On 16 February 2015, ACT announced that it was merging Beam Telecom Pvt. Ltd into itself, and would offer broadband services in Hyderabad under the ACT Fibernet name. On the same day, ACT announced the launch of 100 Mbps plans.

References

Atria Convergence Technologies Wikipedia


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