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Submitted by actcorp on

Broadband service provider Excitel is in talks with investors to raise ₹200 crore in funding as it looks to expand FTTH (fibre to the home) deployment on its network and establish presence in 50 cities by December 2021 The top five service providers in the total broadband subscriber base constituted 98.99% market share at the end of March. Reliance Jio Infocomm Ltd had 388.39 million users, Bharti Airtel (148.57 million), Vodafone Idea (117.45 million), BSNL (24.50 million) and Atria Convergence (ACT) (1.61 million).

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