Broadband
You Broadband-Vodafone proposal accepted, Atria & Netmagic FDI cleared
NEW DELHI: The government has accepted a proposal by Vodafone India Ltd for acquisition of 100% shares of M/s You Broadband India Limited by way of transfer from resident shareholders and non-resident shareholder. A 100% foreign owned company, Vodafone, will invest Rs 550.9 million as direct investment.
The finance ministry, on the recommendation of the Foreign Investments Promotion Board, has also accepted a post facto proposal of You Broadband India Limited for acquisition of 9,79,875 equity shares of its downstream company Digital Outsourcing Private Limited (DOPL) in lieu of issue of 20,58,759 equity shares to its resident shareholders by way of swap of shares. This does not involve any fresh inflow of FDI.
A proposal by Atria Convergence Technologies Private Limited for transfer of 0.99% of shares currently held by resident shareholders to the existing foreign investors Argan (Mauritius) Limited, Mauritius, and TA FVCI Investors Limited, Mauritius, and also for acquisition of up to 100% shares of the investee company by the foreign investors M/s Argan (Mauritius) Limited and TA FVCI Investors Limited, in future depending upon the exigencies of the remaining Indian resident shareholders. This will involve a fresh inflow of Rs 350 million in FDI.
JC Decaux Advertising India Private Limited, an existing foreign owned company engaged in the activity of Out-of-Home advertising, has been permitted to bring in Rs 350 million for expansion of its business into telecom sector as a telecom infrastructure service provider.
Netmagic Solutions Private Limited has been allowed to increase the foreign shareholding of the company from 81.63% to 100% by NTT Communications Corporation, Japan, with a fresh inflow of Rs 5.3383 billion FDI. FIPB has referred to the Cabinet Committee on Economic Affairs (CCEA) a proposal by
Flag Telecom Singapore Pte Limited, Singapore, an indirect wholly-owned subsidiary of Reliance Communications, India, to acquire 100% shares of Reliance Global Cloud Xchange Limited. The amount involved as FDI is Rs 7.89 billion.
(It may be recalled that Finance Minister Arun Jaitley had in his budget on 1 February announced his proposal to scrap the FIPB.)
Broadband
Rabi Shankar Mishra takes charge as Airtel ceo in Pune
PUNE: Airtel has appointed Rabi Shankar Mishra as chief executive officer, based in Pune, marking a sharp leadership shift as the telco sharpens its focus on growth, execution and market momentum.
Mishra moves into the role after leading Airtel’s Guwahati operations, where he built a reputation for tight execution and cross-functional leadership. In Pune, he will drive business strategy, operational excellence and expansion, drawing on deep expertise across sales, scale and complex, multi-market operations.
Before joining Airtel, Mishra held senior leadership roles across global consumer giants. He served as sales director at the Hershey company, vice president at Diageo, and held multiple associate vice president and associate director roles at Mondelēz International and Cadbury India Ltd, overseeing large, high-value businesses and teams across regions.
His earlier career at Pepsico India and Cavinkare laid a strong foundation in sales, customer development and route-to-market strategy across fast-moving consumer businesses.
With a rare blend of FMCG rigour and telecom scale, Mishra arrives in Pune to push Airtel harder, faster and deeper into its next phase of growth.
Broadband
Global broadband subs hit 1.52 billion as fibre dominates
MUMBAI: Global broadband subscribers surged past 1.52 billion in the first quarter of 2025, marking a 1.21 per cent quarterly rise as South and East Asia drove expansion, according to Point Topic data. Yet the picture remains patchy, with 22 countries—up from 14 in the previous quarter—seeing subscriber numbers fall as consumers shift to mobile broadband or grapple with economic headwinds and market saturation.
India topped the largest 20 fixed broadband markets with a blistering 4.7 per cent quarterly growth rate, whilst Britain stood out as an outlier, suffering a 0.3 per cent decline as fibre rollout failed to offset broader connection losses.
Fibre-to-the-home and building connections now command 72.34 per cent of global fixed broadband subscriptions, cementing the technology’s dominance. Other fixed technologies saw their market shares shrink, bar satellite and fixed wireless access, which bucked the trend with spectacular annual growth of 47.4 per cent and 29.9 per cent respectively.
The satellite boom was largely driven by Starlink breaching the 5 million customer mark, though growth has slowed due to capacity constraints and pricing pressures. Competition is set to intensify as Amazon’s Project Kuiper prepares for launch by year-end, with Britain expected among the first markets to go live following Ofcom approvals. Residential plans currently start at around £75 monthly.
Fixed wireless access is reshaping rural connectivity, particularly in America and India, with aggressive investments from Reliance, Bharti, T-Mobile, Verizon and AT&T driving adoption.
Industry consolidation is accelerating, with potential mega-deals including Charter’s merger with Cox in America and a possible carve-up of France’s SFR among Orange, Bouygues and Iliad. Meanwhile, sub-Saharan Africa represents untapped potential, attracting significant infrastructure investment targeting broadband expansion.
Broadband
Act Fibernet plugs in Amazon Prime Lite for a double shot of value
MUMBAI: Act Fibernet has struck a streaming sweet spot. The wired internet major has teamed up with Amazon Prime to offer its users a fresh set of broadband plans bundled with Prime Lite — a compact yet power-packed version of Amazon’s popular subscription service.
Designed for digital-first consumers who want speed and spectacle in equal measure, the new ACT plans include high-speed fibre connectivity along with Prime Lite benefits: HD access to Prime Video’s catalogue of originals, films, and TV shows on one device, unlimited Same-Day/Next-Day deliveries, early bird access to marquee sales like Prime Day, and exclusive shopping deals.
Act’s subscribers, both new and existing, can access the bundle by signing up for six-month (or longer) plans. Once onboard, Prime Lite perks remain active for as long as the eligible Act subscription is live.
Act VP, head of brands, content and partnerships, Naveen Nahar, said, “At Act Fibernet, our brand promise is simple — Feel the Advantage. It’s about going beyond the fast internet to deliver real, everyday value to our customers. With the launch of Amazon Prime Lite on our platform, we’re giving our users the best of entertainment, shopping, and convenience — all in one seamless experience. Whether its world class shows, free express deliveries, or early access to deals, this partnership ensures our customers don’t just stay connected, they stay ahead.”
“At Prime Video, we remain committed to offering easy and convenient access to our much-loved Originals, movies, series, and more to customers across India,” said Prime Video India director & head, SVOD Business, Shilangi Mukherji said, “This strategic collaboration with Act Fibernet not only simplifies access to Prime Video’s extensive content selection but also delivers other shopping & shipping benefits of Prime Lite, like unlimited free ‘Same-day/Next-Day’ delivery across millions of products, early access to exclusive deals, and much more.”
With this move, Act is no longer just a broadband provider — it’s a bundled convenience powerhouse. For subscribers, it’s all the streaming, scrolling, and shopping — at the speed of light.
Below is a list of cities and their corresponding starting rates for Prime Lite with ACT Plans:
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