Hong Kong – Turner Broadcasting System Asia Pacific, Inc. and PT Trans Media Corpora announced on February 28 a strategic partnership to launch CNN Indonesia, a 24-hour news channel and accompanying website in Bahasa Indonesia. This channel will be the first of its kind for CNN in Southeast Asia, delivering a localised version version of CNN’s unique brand of high-quality news to the region’s most populous nation. CNN Indonesia … [Read more...] about Turner and Trans Media to launch CNN Indonesia
CT Corp
Telkom to sell pay-TV unit to Indonesian billionaire
According to Thomson Reuters Westlaw, CT Corp, an investment holding company controlled by Tanjung, is in discussion with Indonesia's biggest telecom firm, PT Telekomunikasi Indonesia (Telkom), to buy the stake in Telkomvision, Telkom said in a statement. According to sources with knowledge of the deal, the deal is expected to be worth less than $100 million. "This will unlock the value for Telkom and its shareholders and it can focus on its core business," said one of the two sources, both of … [Read more...] about Telkom to sell pay-TV unit to Indonesian billionaire