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Thursday, January 27, 2011

Indonesia's largest pay TV provider to launch IPO this year

PT MNC SkyVision, Indonesia's biggest pay TV provider, plans to launch an initial public offering this year, said the firm's parent company PT Global Mediacom in a statement on Thursday.

MNC SkyVision had an 78 percent market share at the end of 2010 with two of its leading brands "Indovision" and "TOP TV".
The firm said will it appoint underwriters soon. Source: Bloomberg

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