Telkom Sets Aside Rp1 Trillion for Investment

Friday, 13 February, 2009 | 16:30 WIB 

TEMPO Interactive, Jakarta:PT Telekomunikasi Indonesia Tbk (Telkom) is setting aside Rp1 trillion in investments to develop cable telephone networks. These networks will be used to support the Internet-based television service (IPTV) which will be launched this year. The launch was initially scheduled to take place last year. 

Telkom CEO Rinaldi Firmansyah said the Rp1 trillion allocation did not include the service content development, which would cost US$ 10-15 million. This fund was part of the company’s 2009 budget amounting to US$ 2,5 billion. 

According to Rinaldi, IPTV uses a cable network as its conductor. The service will be launched in six big cities, including Jakarta, Bandung, and Surabaya. The company’s target is to have IPTV absorb 20 percent of the current cable telephone customers, reaching 8,7 million people. 

ant | arif