DASAN Networks to Increase Internet Speed in Andhra Pradesh of India by 5 Times

Jul 06, 2016

DASAN Networks (Chairman Nam Min-woo) made an announcement that its affiliate called DASAN Network Solutions(CEO Yoo Choon-yeol) will start on a project with APSFL (Andhra Pradesh State Fibernet Limited), which is a government telecommunication business for Andhra Pradesh state, that will establish telecommunication infrastructures in India. DASAN Network Solutions made an announcement on the 4th that it made a strategic business agreement with APSFL recently for this project.
India is going to invest $18 billion until 2019 as a part of ‘Digital India’ policy and carry out a project that will connect entire India with ultra-fast internet. Andhra Pradesh (AP) is an important place for investments as it is showing a two-digit growth rate for 4 years in a row out of 29 major governments in India. It selected DASAN Network Solutions as its strategic partner for a project that it is recently pushing to establish telecommunication infrastructures.
These two businesses will establish a joint venture in AP and build production facilities for telecommunication equipment. DASAN Network Solutions is going to supply its telecommunication equipment to major regions including AP through a localization strategy. AP is expecting transfer of production technologies and creation of employments.

(3rd from the left) CEO Sambasiva Rao of APSFL, Governor Chandrababu Naidu of AP, and Department Head Won Deok-yeon of DASAN Network Solutions Foreign Business Department are taking a commemorative picture after exchanging a memorandum of understanding.
<(3rd from the left) CEO Sambasiva Rao of APSFL, Governor Chandrababu Naidu of AP, and Department Head Won Deok-yeon of DASAN Network Solutions Foreign Business Department are taking a commemorative picture after exchanging a memorandum of understanding. >

APSFL along with DASAN Network Solutions will raise internet supply rate in AP, which is only 2%, up to 30% and their goal is to improve internet speed, which is currently 2Mbps, up to 10Mbps. Population of AP is about 60 million.
DASAN Network Solutions established a R&D center in Bangalore in 2011. Starting from 2009, it has been supplying FTTH (Fiber to the Home) equipment to BSNL, which is a national telecommunication business in India, for its project on extending ultra-fast telecommunication network.
“India is seen as a land of opportunity as it has emerged as a battleground for global IT businesses.” said Department Head Won Deok-yeon of DASAN Network Solutions Foreign Business Department. “Expansion of infrastructures led by Indian Government is seen as a basis for developing India’s economy.” He also added that DASAN Network Solutions will actively participate in expanding ultra-fast internet infrastructures in India by working with AP in establishing telecommunication infrastructures.
Staff Reporter Kwon, Dongjoon | djkwon@etnews.com

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