Indonesia's IM2 To Invest US$30 MLN In Cable TV Project

JAKARTA, Asia Pulse - PT Indosat Mega Media (IM2) said it will cooperate with South Korea's telecommunications company Axess Mega Media (AM2) to build cable TV networks in Indonesia.

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IM2 President Brata Hardjosubroto said the cable TV project using hybrid fiber coaxial (HFC) will cost around US$30 million over three years.Brata said his company has signed a contract with the Korean company to start work in January, 2005 to have links with 200 households in the Greater Jakarta.