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Joint Venture company for implementing KFOL

Press Trust of India  |  Thiruvananthapuram 

The today decided to form a separate company for implementing the Rs 1,028 crore Fibre Optics Ltd project, which aims at providing internet facilties at cheaper rates to public.

The decision in this regard was taken at a cabinet meeting chaired by Chief Minister,

The aim is to enable public access internet at reduced rates and provide school and offices with high speed internet connectivity, a press release said.

KFON will be a Joint Venture company with State Electricity Board (KSEB) and Kerala state IT Infrastructure Ltd (KSITIL).

About 20 lakh families are expected to get free internet connectivity through this project, the release added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, October 11 2017. 17:22 IST