JAKARTA – PT MNC Vision Networks Tbk (IPTV) spends USD 40 million in Migo Indonesia (MI), a global content distribution platform. It is intended to extend the reach of its service across Indonesia.
Ade Tjendra, President Director of MNC Vision Networks, confirms that this investment indicates the company’s commitment to reaching over 100 million people who have no access to OTT (over the top) services. “Migo Indonesia aims to sign 20 million monthly paid users of Vision+, which belongs to IPTV, to offline customers,” he further explains in a press release, quoted Friday (10/9).
According to Tjendra, IPTV is the biggest integrated media group in Southeast Asia that operates OTT and FTA (free to air) TV networks. Its target of 20 million users is envisioned to be realised by 2025, offering a monthly payment of IDR 15,000.
IPTV then positions Ade Tjendra, its President Director, and Clarissa Tanoesoedibjo, its Marketing Head, as members of the Commissioner Board of Migo Indonesia. (LK/ZH)