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26 October 2016 TV2U SIGNS AGREEMENT WITH LEADING INDONESIAN...

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    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.
 
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