The fiber optic internet market grew 19.2% in Rio Grande do Sul (17.6% in Brazil; 17.6% in the South; 25.3% in Porto Alegre) in the last twelve months (March/March) according to the latest data from Anatel. From March 2022 to March 2023, 386 thousand new accesses were added in the state, which represents an average of almost 32.1 thousand new accesses per month. This expansion of the service is largely due to the strong growth of ISPs such as AXXEL Telecom, which saw growth in the Rio Grande do Sul market in the same period, compared to the large telecom operators.
Taking advantage of the growth in this market, AXXEL Telecom will launch next week in Porto Alegre, fiber optic internet services to the customer's home (FTTH – Fiber To The Home). In the capital of Rio Grande do Sul, there will be 540,700 HPs (home passed/addresses) available in more than 100 neighborhoods, with emphasis on Sarandi, Historic Center (place with high demand and former difficulty in getting fiber internet), Lomba do Pinheiro, Restinga and God boy for hire. In Florianópolis there will be 108.7 thousand HPs and in Goiânia, 684.9 HPs. AXXEL's advancement is supported by the end-to-end fiber optic network of V.tal, one of the largest neutral digital infrastructure solutions companies operating in Brazil.
AXXEL is investing more than BRL 50 million reais in its fiber optic business and this week also expanded its network in Paraná, from 12 to 51 cities. With this expansion, AXXEL reaches a total of 54 cities and 2.29 million HPs. By the end of 2023, the company should reach 294 cities (20 million HPs), in the main capitals of the country and in the main cities of the South region that have great capillarity and capacity to expand the business in the short term. The company's goal is to reach 100,000 customers by the end of 2024.
AXXEL offers differentiated debit or credit card plans, with speeds of up to 500 Mega for BRL 109.90/month, 600 Mega for BRL 119.90/month and up to 1,000 Mega/1 Giga for only BRL 169.90/month. The service is in the humanized and personalized model, both residential and corporate, where it offers complete solutions.