Mumbai: Atria Convergence Technologies Pvt. Ltd (ACT), a broadband services provider controlled by private equity firms TA Associates and True North, has hired investment banks to help it raise Rs1,500-2,000 crore through an initial public offering (IPO), said two people aware of the development.

As a part of this association, all customers of ACT Fibernet across 12 cities can now enjoy 140 + live channels in 13 different languages. Furthermore, the latest offering will enable customers to access a bundle of live entertainment content at no additional cost.

ACT Fibernet already offers 'ACT Entertainment' Broadband Plans in Bengaluru and Hyderabad that offers Hooq TV, YUPP TV and FastFilmz with the pack along with the broadband connection at no additional cost. Last week it updated its Android app that brings support for over 140 Live TV channels at free of cost for all its users, powered by YuppTV.