First Media (Indonesian media company)

PT First Media Tbk is an Indonesian media and telecommunications company which primarily focused on pay cable television and Internet services.

PT First Media Tbk
Formerly
  • PT Safira Ananda (1994–1995)
  • PT Tanjung Bangun Semesta (1995–2000)
  • PT Broadband Multimedia Tbk (2000–2007)
TypePublic
IDX: KBLV
Industry
PredecessorsPT Aditirta Indonusa
Founded1994
Headquarters
Jakarta
,
Indonesia
Key people
Peter F. Gontha (Co-founder)
Harianda Noerlan (President Director)
R. Soeparmadi (President Commissioner)
Services
RevenueIncrease Rp 1.308 trillion (2016)
Decrease Rp -1.587 trillion (2016)
Total assetsIncrease Rp 12.779 trillion trillion (2016)
Subsidiaries
  • LinkNet
  • First Media Television
  • First Media Production
  • DeltaNet
  • Internux
  • Prima Wira Utama
  • Media Sinema Indonesia
  • Lynx Mitra Asia
  • MSH Niaga Telecom
Websitewww.firstmedia.com

The company was primarily owned by the Lippo Group, but in late 2019 the group began reducing the shares it owned.[1] By August 2021, Axiata (who operates the XL network) obtained the majority shares of First Media's subsidiary, LinkNet.[2]

References
  1. Safitri, Kiki (December 3, 2019). "Setelah OVO, Kini Lippo Group Lepas Saham First Media, Mengapa?". Kompas.com (in Indonesian). Retrieved August 10, 2021.
  2. "XL Axiata Akuisisi 66 Persen Saham Link Net, Dampak ke Pelanggan First Media?". Tempo.co (in Indonesian). August 1, 2021. Retrieved August 10, 2021.
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