• PT MNC Sky Allocates Rp. 1 Trillion to Develop Indovision Wednesday, 20 May 2015

    20 May 2015, 13:02 WIB

    JAKARTA – MNC Group is budgeting up to Rp. 1 trillion for the development of subscription television Indovision which conducted by PT MNC Sky Vision Tbk.

    Erwin Richard Anderson, Director of MNC Sky Vision, said the company allocated Rp1 trillion (capital expenditure / capex) from internal cash.

    "The investment of around Rp 1 trillion, with 80% of them for the decoder," he said in a public exposure in MNC Tower, Wednesday (20/05).

    He revealed that this year's capital expenditure is estimated around 40% through May 2015. Most of the funds have been used to establish branches and purchase decoders.

    The MSKY stock coded aiming to open 20 branches throughout Indonesia this year. Until now, MSKY has opened 7 new branches.

    Source : www.bisnis.com

    (Gaby Oksavira)