The Andhra Pradesh State FiberNet Limited (APSFL) is poised for growth in the next one year. There was a brief lull due to the COVID-19 pandemic and we are now targetting to achieve a turnover of around ₹1,000 crore in the next couple of years, said Chairman of APSFL P. Goutham Reddy.
He addressed the media after inaugurating the expansion project at the APSFL facility in Andhra University, along with the Minister of IT and Heavy Industries Gudivada Amarnath and Vice-Chancellor of Andhra University P.V.G.D. Prasad Reddy, here on Wednesday. Speaking on the occasion, he said that APSFL was right now catering to about nine lakh domestic consumers and about 40,000 commercial establishments. “We intend to increase it to 20 lakhs by the end of this year and 50 lakh by next year. We have plans to scale it up to a ₹1,000 crore project and APSFL is working in tandem with the IT ministry of the State to achieve it,” he said.
Mr. Amarnath pointed out that APSFL is one of the cheapest modes of broadband connectivity in the country and it is in sync with the Chief Minister's vision of providing free Internet to all villages and the poor in the State.
