Hathway has planned to invest about Rs 500 crore in South India in next 3 years to improve services

Cable and internet service provider Hathway will invest around Rs 500 crore in South India over the next three years, as part of its plans to launch high-speed broadband service, a top company official said today. The Mumbai-based firm, which already provides internet service through "Docsis 3" technology has made commercial launch of the service through GPON Fibre to Home technology, Hathway Cable and Datacom Ltd., Managing director Rajan Gupta said.

"We have seen an explosion in demand (for broadband internet) in the last one year in Chennai. Average broadband consumption across the country is 45 GB whereas in Chennai it is 90 GB per month.. From today, we are making the commercial launch in Chennai with GPON technology," he told reporters here. Elaborating, he said the company hoped to cover five lakh consumers over the next three years.

"Investments will be around Rs 400 to Rs 500 crore in the three-year period.. It will be for setting up data centre and other infrastructure.. We are hoping to cover five lakh customers in three years," he said. Noting that existing operators provided broadband service through copper wires, he said the company would offer it through fibre cables providing high speed services.

"Our package will be starting from Rs 999 onwards per month with speeds up to 150 Mbps and 1000 GB data unload per month.. Second option will be 200 Mbps and 1000 GB data at Rs 1,299 per month," he added.

Published Date: Apr 21, 2017 10:06 am | Updated Date: Apr 21, 2017 10:06 am