Activeport Secures A$1M Contract with Mumbai's Largest Fibre Operator
Key points
- Activeport lands a marquee India win with Microscan
- Stage 1 contract value is expected to generate in excess of AUD $1M
- The rollout spans Microscan's pan-India fibre backbone
- Explosive growth in AI and API-based trading of connectivity expected to drive rapid uptake
Full summary
Activeport Group Ltd (ASX: ATV) has signed a stage-1 contract valued at more than A$1m with Microscan Infocommtech Private Limited ('Microscan'), Mumbai's largest independent fibre operator, to deploy ActivePort's network orchestration software for a new pan-India Network-as-a-Service (NaaS) platform. The partnership with Microscan puts Activeport's orchestration software across one of India's largest independent fibre networks of more than 1,800 kilometres, connecting every major data centre, cable landing station and thousands of enterprise buildings across India. Activeport will deliver its portal and provisioning software platform on the Microscan network, enabling Microscan customers to order on-demand connectivity between data centres and thousands of enterprise buildings, access IP transit, and connect to neo-cloud & enterprise cloud on-ramps across India. AI-led demand and API-based trading of connectivity, GPU and cloud capacity are set to drive rapid take-up across the network, in turn growing the recurring licence revenue stream for Activeport.
Guidance
Stage 1 contract value is expected to generate in excess of AUD $1M
Outlook
The parties intend to pursue a proposed second stage incorporating additional network-security products and functionality, subject to final commercial terms and definitive documentation.
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