Spectranet to invest Rs 500cr in Wi-Fi sector

techfreek

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Internet service provider Spectranet said it will invest Rs 500 crore to expand its services across 50,000 wi-fi hotspots and reach over 5 million households in the country. The company will raise Rs 250 crore through equity and an equal amount through debt. "We are building India''s largest Wi-Fi network across commercial and residential areas and see tremendous growth opportunity in this segment," said Spectranet Managing Director Udit Mehrotra. Spectranet has deployed Wi-Fi network at over 1,000 hotspots across six metros Delhi, Mumbai, Bangalore, Kolkata, Chennai and Hyderabad. The company has also partnered with Aircel to offer high speed Internet access to Aircel customers on Wi-Fi.Source:Telecomtiger
 
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Samuel

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Their current broadband plans are fuped already.And the current WiFi hotspots partnered with Aircel are awfully fuped.Coming WiFi thing will be super fuped?
 

anant.del

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lol why would anyone give speactranet so much money :rofl:
 


techfreek

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Their current broadband plans are fuped already.
And the current WiFi hotspots partnered with Aircel are awfully fuped.
Coming WiFi thing will be super fuped?

Oh.. show unlimited plans in wireless Broadband...!!! Current wifi patnered with aircel only for Aircel customers and if ur a spectranet wireless customer u can use your speeds there where fup limits are fair, Only -ve thing is they dont have Enough Hotspots That is the reason they're Expanding... Leave aircel wi-fi its a Flop..



lol why would anyone give speactranet so much money :rofl:

The company will raise Rs. 250 crore through equity and an equal amount through debt.

Spectranet is one of the fastest growing Isp's Already invested 100 CR in expanding of their services before 3months.
 

agantuk

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Spectranet is not a new player. They are Shyam Telecom, and they have far more money than those 500 crores :D
 

techfreek

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Spectranet is not a new player. They are Shyam Telecom, and they have far more money than those 500 crores :D

These kids don't Get that.. Underestimating Them :hysterical:
 


devx101

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Their current broadband plans are fuped already.
And the current WiFi hotspots partnered with Aircel are awfully fuped.
Coming WiFi thing will be super fuped?

Perhaps u should do a little research before posting.:confuse:

Their wireline BB is FUPed but the FUP's are pretty decent, see the thread for details.
1/2 Mbps @ 999 @ 85GB post 256K is damm good seeing the current scenario.:pleasehelp:
Their own WiFi plans are also good in terms of FUP's.

lol why would anyone give speactranet so much money :rofl:

At least they are investing:thumb:, others are simply not doing anything. Fuktel is on Khumbhakaran sleep, Reliance a chor company and others God knows what...??
:wink:
 

anant.del

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Perhaps u should do a little research before posting.:confuse:

Their wireline BB is FUPed but the FUP's are pretty decent, see the thread for details.
1/2 Mbps @ 999 @ 85GB post 256K is damm good seeing the current scenario.:pleasehelp:
Their own WiFi plans are also good in terms of FUP's.



At least they are investing:thumb:, others are simply not doing anything. Fuktel is on Khumbhakaran sleep, Reliance a chor company and others God knows what...??
:wink:
hehe there can also be a chance that..they will invest 50 cr and keep rest with them selves :rofl:

in UK nd other countries one can get 24MBps for as little as $50 or less PM without FUP here we are still stuck with 256 and 512 Kbps plans :cry:
 

Samuel

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Nov 7, 2010
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Delhi/NCR
Perhaps u should do a little research before posting.:confuse:

Their wireline BB is FUPed but the FUP's are pretty decent, see the thread for details.
1/2 Mbps @ 999 @ 85GB post 256K is damm good seeing the current scenario.:pleasehelp:
Their own WiFi plans are also good in terms of FUP's.
At least they are investing:thumb:, others are simply not doing anything. Fuktel is on Khumbhakaran sleep, Reliance a chor company and others God knows what...??
:wink:







Come again? Anyways! Have you ever used any of the ISP you have posted above? Actually your reply doesn't really matter :)