First Media (Indonesian media company)

PT First Media Tbk (IDX: KBLV), formerly known as PT Broadband Multimedia Tbk, is an Indonesian pay television and internet service provider company listed on Indonesia Stock Exchange.

PT First Media Tbk
IDX: KBLV
Industryadvertising 
FoundedSeptember 8, 2007
HeadquartersIndonesia
Key people
Peter F. Gontha (Co-founder)
Harianda Noerlan (President Director)
R. Soeparmadi (President Commissioner)
ProductsCable TV, broadband internet
Revenue Rp 1.308 trillion (2016)
Rp -1.587 trillion (2016)
Total assets Rp 12.779 trillion trillion (2016)
OwnerPT Link Net Tbk
Websitewww.firstmedia.co.id 

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 Group (who operates the XL Axiata network) obtained the majority shares of First Media's parent company, PT Link Net Tbk.[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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