TV2 Hotcopper Holders Calculations, page-656

26 October 2016
TV2U SIGNS AGREEMENT WITH LEADING INDONESIAN
TELECOMMUNICATIONS PROVIDER
Highlights
 TV2U signs Heads of Agreement (HOA) with Indonesian‐government owned telecommunications
provider PT. PGAS Telekomunikasi Nusantara (PGAS), a subsidiary of PGN to provide a white
labeled interactive OTT managed service into to the region of Indonesia
 PGAS operates and manages 1,300 km of fiber optic with a network capacity of 160Gbps from
Jakarta and Java, to Sumatra, Bali and Singapore
 PGAS has a large customer base with over one million home passes and more than one hundred
thousand businesses
 The agreement provides PGAS with the opportunity to expand its white labeled OTT operations
by providing managed services to the regions telecommunications companies, mobile operators,
ISPs and content owners
 PGAS to pay US$3.5 million to TV2U for cost of the service delivery and a monthly management
fee per active customer

this is what we are waiting for.