ACT Fibernet to invest Rs700cr to expand wired broadband infra

Atria Convergence Technologies, which offers wired broadband services under the 'ACT Fibernet' brand, today said it will invest up to Rs 700 crore this year to expand its infrastructure and presence across the country.

The Bengaluru-based firm, which is present in 11 Indian cities, is looking to enter 3-4 new cities and expand presence in regions like Delhi-NCR.

"We will invest Rs 600-700 crore this year to expand our infrastructure. It is not about just setting up base in a city... the investment would include setting up infrastructure and maintenance," ACT Chief Executive Officer Bala Malladi told

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)