Global Mediacom Targets 1.5 Billion Users for Play Media

JAKARTA - PT Global Mediacom Tbk (BMTR) as holding company of PT MNC Play Media is targeting users of its broadband fiber optic services as much as 1.5 million subscribers (home pass) until the next 5 years.

"We expect 1.5 million home pass in the next three years to five years," said Director of Global Mediacom, Oerianto Guyandi after the General Meeting of Shareholders (AGM) in MNC Tower, Jakarta, Wednesday (20/05).

Until the end of this year, the company targets the number of users play media as many as 700 thousand. "We are targeting 700 thousand home media play to be ready and sold to enjoy broadband services," added Oerianto.

He revealed that the investment will be made by the company for play media of US$180-200 million (around Rp2.6 trillion) for the network.

"Per home pass (the appliance) is $120. After five years, it will be evaluated again.” he concluded.

Source : www.sindonews.com

(Gaby Oksavira)