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Business / Fri, 31 May 2024 ETTelecom

ACT Fibernet makes ‘major strategic investment’ in telecom startup Aprecomm, ET Telecom

AdvtJoin the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETTelecom App Get Realtime updatesSave your favourite articles Scan to download AppNEW DELHI: Fiber broadband internet service provider (ISP) Atria Convergence Technologies ( ACT Fibernet ) has made a major strategic investment in Aprecomm , the network intelligence solutions startup said on Friday.This investment aims to further fortify ACT Fibernet ’s ability to provide the leading Wi-Fi experience for its customers, Aprecomm said.The companies, however, did not disclose the financial details of the transaction.ACT Fibernet will integrate Aprecomm’s technology into its Wi-Fi products. This will provide real-time network visibility into Wi-Fi performance and enable rapid, proactive resolution of last-mile connectivity challenges.“In line with our strategy of providing the best in-home Wi-Fi experience to our customers, we are happy to announce a strategic investment in Aprecomm to further strengthen our experience proposition. Aprecomm’s AI-based, self-optimizing technology and advanced Wi-Fi analytics allow us to continuously optimize our network and significantly enhance our customer experience,” said Bala Malladi, CEO of ACT Fibernet.“We are delighted to welcome ACT Fibernet as a strategic partner,” said Pramod Gummaraj, CEO of Aprecomm. “This investment will significantly enhance our mission to transform the internet landscape by revamping the quality of internet services for subscribers worldwide.”Ghuharajan Sivakumar, CTO of Aprecomm said, “We are thrilled about this partnership, as it will allow us to continue pushing the boundaries of technological advancements and provide our subscribers with the best possible experience.”

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Join the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Download ETTelecom App Get Realtime updates

Save your favourite articles Scan to download App

NEW DELHI: Fiber broadband internet service provider (ISP) Atria Convergence Technologies ( ACT Fibernet ) has made a major strategic investment in Aprecomm , the network intelligence solutions startup said on Friday.This investment aims to further fortify ACT Fibernet ’s ability to provide the leading Wi-Fi experience for its customers, Aprecomm said.The companies, however, did not disclose the financial details of the transaction.ACT Fibernet will integrate Aprecomm’s technology into its Wi-Fi products. This will provide real-time network visibility into Wi-Fi performance and enable rapid, proactive resolution of last-mile connectivity challenges.“In line with our strategy of providing the best in-home Wi-Fi experience to our customers, we are happy to announce a strategic investment in Aprecomm to further strengthen our experience proposition. Aprecomm’s AI-based, self-optimizing technology and advanced Wi-Fi analytics allow us to continuously optimize our network and significantly enhance our customer experience,” said Bala Malladi, CEO of ACT Fibernet.“We are delighted to welcome ACT Fibernet as a strategic partner,” said Pramod Gummaraj, CEO of Aprecomm. “This investment will significantly enhance our mission to transform the internet landscape by revamping the quality of internet services for subscribers worldwide.”Ghuharajan Sivakumar, CTO of Aprecomm said, “We are thrilled about this partnership, as it will allow us to continue pushing the boundaries of technological advancements and provide our subscribers with the best possible experience.”

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