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July 31, 2015 7:32 AM ET

Internet Software and Services

Company Overview of PT First Media Tbk

Company Overview

PT First Media Tbk, together with its subsidiaries, engages in the provision of services through a broadband communication network, and distribution of various electronic signals through the network in Indonesia. The company operates through Cable Television Network and Internet; and Broadband Wireless Access segments. It offers cable television (TV), 3D and high definition pay TV, and ondemand cable services; and broadband Internet services and data communication services. The company is also involved in fixed local packet-switched based network, film and video recording, subscription broadcasting, and trading businesses. In addition, it provides calling card services; and sells equipment. ...

BeritaSatu Plaza

5th Floor

Suite 401

Jl. Jendral Gatot Subroto Kav. 35-36

Jakarta,  12950


Founded in 1994

1,270 Employees


62 21 527 8811


62 21 527 8833

Key Executives for PT First Media Tbk

PT First Media Tbk does not have any Key Executives recorded.

PT First Media Tbk Key Developments

First Media Mulls Sale Of Stake In Internux And Link Net

PT Lippo Karawaci Tbk (JKSE:LPKR) backed PT First Media Tbk (JKSE:KBLV) is planning to sell stake in PT Internux. The company is planning to sell a 15% stake in Internux through an Initial Public Offering (IPO) in the third quarter of 2015. First Media is also selling a stake in PT Link Net Tbk (JKSE:LINK) and its director said earlier this month it hopes to decide the buyer in August.

First Media To Sell Stake In Link

PT First Media Tbk (JKSE:KBLV) intends to sell a stake in PT Link Net Tbk (JKSE:LINK). Director of First Media said earlier in July 2015 that the company hopes to decide the buyer in August 2015.

Investors Mull Acquisition Of Link Net

PT Media Nusantara Citra Tbk (JKSE:MNCN), PT Indosat Tbk (JKSE:ISAT) and PT XL Axiata Tbk (JKSE:EXCL) are considering to bid for the acquisition of majority stake in PT Link Net Tbk (JKSE:LINK) from PT First Media Tbk (JKSE:KBLV) and CVC Capital Partners Limited, sourced said. CVC Capital Partners Limited has appointed Credit Suisse Group AG (SWX:CSGN), Deutsche Bank AG (DB:DBK) and The Goldman Sachs Group, Inc. (NYSE:GS), to help manage the sale of shares. Alexander Rusli, President and Chief Executive Officer of Indosat, commented that they are still studying the details of the proposed transaction.

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