Sterlite Networks to expand services to 10 cities

Optical fibre firm Sterlite Network, which has entered into retail Internet business, plans to expand its presence to 10 cities and connect 10 lakh homes with high speed broadband by 2017.
"We are currently expanding our business from six cities to 10 cities. Our aim is to connect 1 million homes with fibre based Internet network by 2017. We will focus on Internet connection with speed of 100 megabit per second," Sterlite Network Head of Strategy Benoy Varghese told PTI.
The company has presence in Mumbai, Pune, Delhi NCR, Bangalore, Chennai and Ahmedabad.
It plans to roll out services in Hyderabad, Kolkata, Kochi and Chandigarh by the end of next year.

"We have rolled out 500 kilometers of last mile fibre. Sterlite is now largest private network of optical fibre. Airtel and Tata Teleservices are using our network for high speed internet service. We are in talks with Idea and Vodafone for sharing our fibre network," Varghese said.
"As per our study there are 5-8 million homes in top 10 cities who want high speed service. We have connected 1.8 lakh homes across six cities out of which 40,000 are active. There is a huge market left uncovered where we have good business potential," Varghese said.