Excitel Witnesses 25% Growth in H1 2020; Crosses 400,000 subscribers

Excitel Witnesses 25% Growth in H1 2020; Crosses 400,000 subscribers

• Eyeing to reach 500,000 subscriber base by year-end; to offer only FTTH services by the year-end
• With 1,100 partners currently, Excitel is working on expanding its network to 2,500 partners by the end of 2021
• Excitel is committed to providing 100 % fiber to home by end of 2020

Excitel, India’s fastest growing broadband network, and go-to streaming partner has achieved the milestone of 400,000 connections across India. The five-year-old company with a mission to make broadband a primary source of entertainment for households to grow is expecting to touch 500,000 subscribers across the country by the year-end. Since the first lockdown stage, Excitel has added 52,000 new users of which 30,000 were in Delhi-NCR alone.

Announcing the milestone, Vivek Raina, CEO, Excitel Broadband, said, “The milestone is a testament to our commitment to bringing internet connectivity to ‘Bharat’. We have managed to serve the underserved areas in the cities we are present in through an expansive infrastructure and value for money offering. We aim to reach 10 lakh subscribers by the end of 2021, partnering with local cable and Internet operators to get coverage in 75% of the city which other operators/telcos are unable to cover. We grew, both in sales and average data usage by Excitel users (up to 35%) in a month during the lockdown. With a 25% growth in the first half of the year, we plan to continue the momentum with the internet now an essential commodity for millions across the country.”

The unique business model of Excitel lays focus on FTTH (Fiber to the home) and goes to the parts of cities and towns in the country which were till now unserved by traditional Telcos/ISPs and considered low ARPU areas. Excitel is committed and focused on serving such territories with best in class high speed broadband at an affordable price.

Currently operational in nine cities including Delhi-NCR, Hyderabad, Bengaluru, Vijayawada, Kanpur, Lucknow, Jaipur, Jhansi & Guntur, Excitel Broadband is working towards reaching over 50 more cities by the end of 2021. This would include state capitals and class B cities. At present, Excitel is delivering 600 Gigabits of data over a massive fiber network of 20,000 km including partners’ networks to 4 lakh households. More than 50% of Excitel’s current sales are of FTTH and by the end of 2020, we would be selling only FTTH services.

About Excitel Broadband

Excitel Broadband, India’s go-to streaming partner, has been growing at a fast pace and is now a 400,000 subs family across Delhi NCR, Hyderabad, Telangana, Andhra Pradesh, Bangalore, Jaipur, Lucknow, and Kanpur. The ISP now targets 500K subs by End of 2020. Excitel Broadband started operations in September 2015 as an Indo-European venture. Since its inception, Excitel has been revolutionizing the broadband services business in India through game-changing and unique initiatives. In Sep 2019 the company entered the list of Top 10 ISPs in the country and provides truly unlimited data plans, wherein a consumer gets unlimited data at the promised speed without any caveats or conditions.