Competition with large telecom operators, Reliance Jio and Bharti Airtel acquires acquisition between local ISP conflicts that are becoming aggressive in home broadband space.
With the acquisition, SAR Televanchar said that it would serve a leg in the enterprise broadband segment, which would become the third largest in this segment. The company will also acquire Tikona's All India Unified License (ISP, Category-A), and National Long Distance (NLD) license, through which Tikona offered a wide range of telecom services including broadband, lease line, virtual private network and other values addition services.
“This acquisition allows us to expand its service portfolio and provide customers with a wide range of services including high-speed broadbands, fiber-optic connectivity and advanced 4G and 5G network solutions. By taking advantage of our joint expertise, we aim to renew the renewable services to businessmen and individuals across India.
After the acquisition, SAR Teventure Prasad will include 4G/5G towers, fiber-to-the-home services, optical fiber cables, enterprise network solutions and commission in retail broadband services.
Home broadband space fixed wireless access (FWA) is looking after a disruption after the rollout, which is cheaper to deploy compared to optic fibers, pushing the small ISP on the wall, pushing the small ISP, as they explain the revenue and margins in their battle in their fields. Reliance-supported Hathway, ACT fibernet, exit and tikona, all are fighting with telcoses for home broadband services for part of some 300 million address houses.
India currently have top players with Jio (17 million), Airtel (9.2 million), and state-operated BSNL (4.24 million).
