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Beam 100 Mbps Launch Press Meet

ACT (Atria Convergence Technologies Pvt. Ltd.), the pioneer of Optical Fiber Based Internet Technology and country's fourth largest Internet Service Provider in the wired broadband category has made an important announcement today. Beam Fiber, the most popular and well-accepted broadband brand in Hyderabad and market leader by a majority share will henceforth be known as ACT Fibemet.

Commenting on it Mr Bala Malladi, Group CEO of the ACT Group said, "The transformation of the brand Beam Fiber to ACT Fibemet is a significant stepping stone to building an integrated national brand for the company." Mr. Malladi added, "ACT is at the forefront of driving Internet consumption in India, not just in terms of growing the market but also changing the online user behaviour and enhancing the way users experience this medium. Today, Hyderabad is one of the highest internet penetrated cities in the country and we are glad to be a part of this transformation by only scaling up the fiber-optic way to deliver the service". The announcement comes close on the heels of the new brand launch executed by ACT across all its markets spread across 4 states.

Beam Telecom Pvt. Ltd. is a 100% subsidiary of ACT and was acquired by ACT in 2009. Ever since, the group has pioneered state-of-the-art technology, backed by a best in class professionally managed team and transformed customer experience in the twin cities of Hyderabad and Secunderabad. From a humble sub-base of 30,000 in 2009, ACT has emerged as the single largest wired broadband service provider in the country after Telcos.

The new brand underscores ACT's continuing commitment to offer consumers the fastest, most consistent and unparalleled Internet experience, through the immensely scalable and future proof technology of fiber optics. With the launch of its flagship product "Incredible 100Mbps" with 200GB in the Retail segment, the company has stayed true to its philosophy of progressive thinking and staying at the forefront. The new plans of 5, 20 and 100 Mbps have been launched starting from Rs. 650. The existing customers who are prevailing in 4 & 15 Mbps will be automatically upgraded to 5 & 20 Mbps from April 1st 2015.

All the plans will be migrated from existing speeds to new higher speeds and higher data limits without any tariff change in the enterprise segment. A flagship enterprise product 'Beam Fiber 11000' has been introduced with a revolutionary 1 TB (Terra Bytes) data Limits. This will enable and empower both existing and prospective customers to have better broadband experience powered by higher data limits.

About ACT Group:
ACT (Atria Convergence Technologies Pvt. Ltd.) had its humble beginning in the year 2000 founded by Mr Sunder Raju, Managing Director. Today. ACT is one of the country's most renowned triple play service providers with 1 million* happy customers experiencing broadband, Digital TV and IPTV services. ACT is funded by 1VFA (India Value Fund Advisor), a premier private equity investment fund which played a pivotal role in facilitating several companies to develop into world-renowned organizations Some of their most successful portfolios have been - Biocon, Radio City, HDFC Bank. Meru, Mahindra Hinoday and TTK Healthcare, just to name a few.
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