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I think it might be timely for a re-read of the details: (from...

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    I think it might be timely for a re-read of the details: (from announcement dd 26/10/16)

    PT  PGAS  Telekomunikasi  Nusantara  (PGAS),  a  subsidiary  of  PGN  is  engaged  in  the  business  of
    telecommunications network. Founded in 2007, PGAS has exclusive rights of PGN to manage and operate a
    fiber optic network owned by PGN 1,300 km from Jakarta to Singapore border, with a capacity of 160Gbps.
    As a reliable backbone providers, PGAS has subsidiaries namely PT Telemedia Dinamika Sarana (“TDS”) and
    PGAS Telecommunication International PTE LTD (“PTI”) based in Singapore.
    PGAS is authorized to support their business including License for Fixed Closed Network, License for Principle  
    Packet Switched Based Local Fixed Network  (JARTAPLOK), License for Landing Right, License  for Internet
    Interconnection Services (Network Access Provider) and through its subsidiary TDS which is authorized for
    Internet access  services  (Internet Service Provider) and PTI  that has a license  for Service Based operator
    (“SBO”) issued by the Infocomm Development Authority (“IDA”) of Singapore.  
    Under  the  agreement,  PGAS’s  business  customers  will  be  able  to  on‐sell  TV2U  entertainment  services
    including  video‐on‐demand,  games,  music  and  karaoke.  Revenue  will  be  generated  through  a  monthly
    subscription fee, pay‐per‐view and personalized advertising. The Indonesian group will also be able to bundle
    the TV2U entertainment offering with its existing gas, telephony and data services allowing PGAS to offer a
    “quadruple play” offering to its new and existing customers  
    PGAS will provide TV2U with staged cash payments which will be executed when PGAS finalize its
    distribution agreement with one of its many potential delivery partners.
    Under the terms of the deal, TV2U will provide PGAS with an exclusive license to its Intelligent Video
    Accessible Network (IVAN). IVAN is a ground breaking OTT/IP delivery service that enables monetisation of
    live and on‐demand content to multiple devices. The analytical data provided by IVAN will be an additional
    selling point for PGAS as it provides detailed insights about users including demographics, viewing habits,
    programs watched and what devices they are using to access the services. The data is useful to more
    effectively sell subscriptions, and for targeted advertising.
 
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