"We will appoint underwriters in the near future," Robert Satrya, investor relations officer of PT Global Mediacom Tbk (BMRT) said here Thursday.
PT MNC Sky Vision, the business unit of BMRT which is engaged in the pay-TV industry, still has a promising future as Indonesia is among Asia-Pacific countries which have the lowest pay-TV penetration reaching less than 5 percent, he said.
Quoting data from Partners Asia, he said Indonesia was also expected to see a 30-percent growth of pay-TV subscribers, the highest among other Asia Pacific countries such as Malaysia, Singapore, and Japan.
MNC Sky Vision, with Indovision & Top TV as its two leading brands, currently holds more than 78 percent share of the domestic pay-TV market. The number of Indovision and Top TV subscribers reached more than 800,000 at the end of last year.
"The competitive advantage of MSV continues to increase following the launch of a new satellite called Indostar II in May 2009," he said.
Last year MSV posted income totaling Rp1.44 trillion, a 36 percent increase compared to Rp1.06 trillion the year before.
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Editor: Bambang
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