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ACT to focus on broadband, cable ops acquisition

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BENGALURU: Atria Convergent Technologies (ACT), one of the largest broadband players in India after the public sector BSNL, MTNL and the private sector Airtel will focus primarily on broadband, reveal company sources. ACT withdrew its application for permanent registration as an MSO in September 2014 according to the MIB ‘List as on 05.01.2015 of MSOs whose Registration by Ministry of Information & Broadcasting to operate in digital addressable system (DAS) has been cancelled or cases closed’.

“Our focus for our mother brand ACT will be broadband. We have MSO licenses in the states that we operate in under individual names. We will expand our cable footprint by acquiring only the operators that have permanent licenses,” revealed ACT CEO Bala Maladi to indiantelevision.com.

MSOs under the ACT umbrella operate in Karnataka and Andhra Pradesh (AP) through Kable First India in Bangalore, Kable First Davangere in Davangere,  Mandapeta Digital Entertainment (Mandapeta, AP), Venkateshwara Digital Home Entertainment (Kutukuluru and  Nakapalli in AP) and ACT Digital Home Entertainment (AP and Telangana), Raja Rajeshwari Entertainment (Notified areas of Nellore, AP), Sree Digital Home Entertainment (East Godavari District in the state of AP). Earlier, ACT was present in Indore (Madhya Pradesh) through SR Cable TV. In Tamil Nadu (TN), it provides broadband internet services.

ACT is a triple play service provider offering an ensemble of information, communication and entertainment through Fibernet, Digital TV, Analog TV and IPTV. Headquartered in Bengaluru, ACT is spread across the towns and cities of Karnataka, Andhra Pradesh (AP) and Tamil Nadu (TN). ACT says that it presently has 10 lakh (1 million) plus cable and broadband subscribers. ACT has been funded by IVFA (India Value Fund Advisor). Industry sources say that the company has crossed turnover of Rs 700 crore (Rs 7 billion).

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