Press Release

ACT Fibernet announces tie-up with Flipkart to offer exciting internet plans to smart TV buyers in India

'Smart TV ka Smart Choice' offer valid on all plans across 15 cities where ACT Fibernet is present

Bengaluru, 05 September 2018: ACT Fibernet (Atria Convergence Technologies Ltd.) India's largest fiber-focused wired broadband ISP (Internet Service Provider), today announced its partnership with Flipkart to offer Fiber broadband plans to smart TV buyers on the Flipkart platform.  

With the aim to provide a holistic home entertainment experience to all smart TV owners backed by uninterrupted and super-fast internet broadband speed, ACT Fibernet has launched the 'smart tv ka smart choice' plan. As part of this, customers purchasing any smart TV on Flipkart will be able to enjoy exciting offers and discounts on the company's internet broadband plans.

ACT Fibernet will offer every eligible customer, upon purchase of a 6 months subscription, two months free internet subscription with an additional 1500 GB data and a free wireless router. Offer valid on all Smart TV purchases made on Flipkart beginning 3^rd September 2018 to 30^th November 2018 across all 15 cities where the company has presence. 

How to avail the offer:

1. Customer to provide proof of purchase - Flipkart Order ID, Flipkart Invoice date along with Name, Mobile, Email, Complete Address on ACT website
2. ACT Fibernet to verify the purchase with Flipkart and outcall the customer, confirm the offer, check for feasibility in customer location and proceed with installation.
3. ACT Fibernet to provide new connection within a period of 10 working days.
4. Existing customers of ACT Fibernet are also eligible for the upgrade sans the router
5. Offer to be redeemed before 31^st December 2018.
6. Customer is also free to choose any other offer from ACT Fibernet that is currently available in their respective market

The below table captures the plan details across cities:

For more information on the offer log on to ACT Website

About ACT

ACT is India's largest fiber-focused wired broadband ISP as on September 30, 2017 (in terms of number of fiber broadband internet subscribers from residential homes) (Source: India Broadband Market Overview ?? ,? ?? 2017 dated February 19, 2018, prepared by Media Partners Asia). Headquartered in Bangalore, ACT has operations in 15 Indian cities as on December 31, 2017 with approximately 1.28 million customers.

Disclaimer:

Atria Convergence Technologies Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its equity shares and has filed a Draft Red Herring Prospectus dated March 24, 2018 with the Securities and Exchange Board of India (?? ,??"SEBI?? ,? ?) on March 26, 2018. The Draft Red Herring Prospectus is available on the website of the SEBI and the websites of ICICI Securities Limited, Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited and HDFC Bank Limited.

Investors should note that investment in equity shares involves a high degree of risk and for details should refer to the Red Herring Prospectus which may be filed with the Registrar of Companies, Bengaluru in the future, including the section titled ?? ,??"Risk Factors?? ,? ?.