Excitel aims to rope in 2.5-million subscribers across 100 cities

NEW DELHI: Excitel, one of India’s broadband service providers, said that it expects to acquire as many as 2.5 million subscribers across 100 cities in next two years, and is currently spending the recent funding in expansion programs.”We will be in at least top 100 cities of the country, with 2-2.5 million customer base. That’s the aim for the next two years,” Vivek Raina, Co-founder & CEO, Excitel, told ETTelecom.

Presently, the company has more than 7.5 lakh subscribers across 30 cities with Mumbai being the latest addition.

“By the end of this year, we have to cross a million mark. This is what we promised to our investors. We took another round of funding of around Rs 100 crores, 3-4 months back. We were then at around 5.5 lakh subscriber base,” the top executive said.