Space World Gp Launches Digital Network Infra Service, Constl, After Brookfield Backed Invit Acquires Space Teleinfra

New Delhi, December 20, 2023: Space World Group on Wednesday announced the launch of Constl, a venture established in 2023. Constl aims to provide world-class digital infrastructure solutions specifically tailored to connect people, businesses, and communities across the globe. 

The launch comes after Brookfield-sponsored Tower Infrastructure Trust (Tower InvIT) acquired Space Teleinfra Pvt Ltd (STIPL) in 2021, valuing the acquisition at $150 million.

Constl will offer business critical connectivity infrastructure.

Ankit Goel, Founder & Chariman of Space World Group stated, “Constl’s primary goal is to provide services that set the industry standard, aiming to stand out prominently among its peers. We want to give the flexibility of bandwidth specification, consumption model & scale at user convenience to our customers and business partners.”

The key services that the venture will offer include on-demand services with ~100% uptime & low latency, configuration of paths and automated purchase of connectivity services. They also specialise in connecting key digital hubs and own their dedicated fiber network that provides for better control, quality, scalability & predictability of services.

Among other offerings they also provide dark fiber, private lines, low latency connectivity solutions, CLS black-haul and cloud interconnect services.

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According to a press release issued by the company, the most ground-breaking of all is their DIaaS (Digital Infrastructure as a Service) platform. With its engaging interface for handling all kinds of networking requirements, a customer-centric UI/UX providing transparency, control, analytics, speedy delivery of services, it is a unique platform that will give control to businesses. It is a neutral platform in the market with its own high-end fiber assets; enabling it to provide best-in- class service to Telcos, OTTs, ISPs, Data Centers, government projects & more.

Radhey R Sharma, Co-Founder & Director of Space World Group talks of continued growth and connectivity excellence stating, “As a part of the Space World Group, Constl aligns itself with the group’s commitment to create a scalable, seamless, and unparalleled digital infrastructure. With its launch, we aim to solve the reliability, latency and scalability issues for our customers and business partners. The need for a reliable fiber connectivity infrastructure will now be more than ever owing to the evolution of generative AI models, Data Center expansions and 5G network rollouts. Constl plans to be the largest neutral optical fiber network player in the country inspired to simplify the connectivity business.”

Constl has a capex plan of $500 mn. Space World Group is infusing initial capital in Constl for dark fiber roll-out and active infrastructure.

SpaceWorld has already started the roll out for c. 2,000 kms of fiber network in select Metro cities and National Long-Distance lines and significant capacity will be online by H1 CY2024. Also, they have made a significant progress towards the network interface readiness and started procurement of active network equipment. The company says it is getting an exceptional interest from the potential customers for the current roll-out and is working closely with their technology planning teams for route mapping.