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ONEOTT iNTERTAINMENT LTD. (OIL), the broadband subsidiary of NXTDIGITAL Limited (“NDL''), the media vertical of the global conglomerate, Hinduja Group; has surpassed yet another milestone by crossing 1 Million wired home broadband subscribers. OIL achieved this feat by adding over 200,000 subscribers in the fourth quarter of FY22 recording a growth of 65% over FY21. ONE BROADBAND is now India’s 4th largest private Internet Service Provider (ISP), extending its presence across India.
The increased competition in this space fuelled by the demand for more online services has triggered consolidation which has benefitted larger ISPs, enabling OIL’s growth inorganically. Commenting on this milestone, ONEOTT iNTERTAINMENT LTD's Chief Executive Officer, Yugal Kishore Sharma said, “The significant growth trajectory of ONE BROADBAND’s high-speed internet connectivity has been achieved by its “available-reliable-affordable” offerings. It’s focussed approach towards predictable proactive customer responsiveness and care have been highly appreciated by subscribers. Internet use has moved beyond browsing and social networking to work-from-home, online Education, OTT Entertainment, e-Gaming, online-Shopping online-Health, e-Governance and others. At OIL, we have adapted to this consumption surge by doubling our internet capacity on the supply side without passing any additional cost to our consumers to maintain a consistent customer experience during the pandemic.”
ONE BROADBAND, under its flagship brand, OneGigaFiber offers industry-wide highest speeds of up to 1 Gbps on its FTTH (Fibre-To-The-Home) Network that is fast becoming a premier broadband brand as reflected in its churn, well below the industry average at 1%. ONE BROADBAND is fast contributing towards the digital inclusion in India by making Fast Internet Available, Reliable & Affordable on Wi-Fi and other Last-Mile-Access Technologies with Network consistency at 99%. The company has successfully deployed one of the world's largest city-wide 11,000 free-wi-fi hotspots for the Delhi State Govt, through its partner, serving over a million users - thereby becoming the lifeline of online education for children across Delhi during the pandemic.
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