Bengaluru-based broadband and internet service provider, Atria Convergence Technologies Ltd (ACT Fibernet), has announced a strategic investment in network intelligence solution provider Aprecomm Private Limited. While the financial terms of the deal remain undisclosed, this investment marks a significant step towards enhancing Wi-Fi performance and addressing last-mile connectivity challenges.
Integration of Aprecomm’s Technology
ACT Fibernet intends to leverage Aprecomm’s advanced network intelligence technology to augment its Wi-Fi products. By integrating Aprecomm’s AI-based solutions, ACT Fibernet aims to provide real-time network visibility and proactive resolution of Wi-Fi performance issues, thereby enhancing the overall customer experience.
Commitment to Innovation
Bala Malladi, CEO of ACT Fibernet, highlighted the potential of Aprecomm’s technology to continuously optimize their network and elevate customer satisfaction. This strategic collaboration underscores ACT Fibernet’s commitment to innovation and improving in-home Wi-Fi experiences for broadband subscribers.
Aprecomm’s Value Proposition
Founded in 2016 by Guharajan Sivakumar and Pramod Gummaraj, Aprecomm specializes in AI-based network intelligence solutions designed to monitor and rectify network issues. The company’s offerings not only assist Internet Service Providers (ISPs) in monitoring subscriber experiences but also contribute to reducing operational costs and achieving rapid return on investment.
Synergy and Vision
Pramod Gummaraj, co-founder of Aprecomm, expressed enthusiasm about partnering with ACT Fibernet, emphasizing their shared vision to revolutionize in-home Wi-Fi experiences. The synergy between the two companies positions them to redefine broadband connectivity and set new benchmarks in customer satisfaction.
ACT Fibernet’s Market Presence
Established in 2000 by Sunder Raju, ACT Fibernet has emerged as a leading broadband service provider, serving over 2.2 million customers across 25 cities. With backing from private equity firms like TA Associates and True North, ACT Fibernet has demonstrated a commitment to innovation and diversification.
Diversification Efforts
In recent years, ACT Fibernet has diversified its offerings, venturing into the consumer sector with the launch of products like ACT Stream TV 4K in 2019. The subsequent launch of YuppTV Scope, an OTT aggregator platform, further underscores ACT Fibernet’s evolution and adaptability in the rapidly evolving digital landscape.
The strategic investment by ACT Fibernet in Aprecomm underscores a shared commitment to innovation and customer-centric solutions. By harnessing the power of AI-driven network intelligence, both companies are poised to transform Wi-Fi connectivity and elevate the broadband experience for millions of users nationwide. As they embark on this collaborative journey, ACT Fibernet and Aprecomm aim to set new standards of excellence in the digital connectivity ecosystem.
