PT First Media Tbk is an Indonesian media and telecommunications company which primarily focused on pay

cable television Cable television is a system of delivering television programming to consumers via radio frequency (RF) signals transmitted through coaxial cables, or in more recent systems, light pulses through fibre-optic cables. This contrasts with broa ...

and

Internet The Internet (or internet) is the global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a '' network of networks'' that consists of private, pub ...

services. The company was primarily owned by the

Lippo Group Lippo Group is an Indonesian multinational conglomerate company. The company operates internationally providing property development and management services. It was founded by Mochtar Riady. Lippo has a collective presence across Asia and Nor ...

, but in late 2019 the group began reducing the shares it owned. By August 2021,

Axiata Axiata Group Berhad, commonly known as Axiata, formerly known as TM International Berhad, is a Malaysian multinational telecommunications conglomerate with extensive operations in Asia. The group Axiata's primary business is in investment h ...

(who operates the XL network) obtained the majority shares of First Media's subsidiary, LinkNet.

References

1994 establishments in Indonesia 2000 initial public offerings Cable television companies Companies based in Jakarta Companies listed on the Indonesia Stock Exchange Internet service providers of Indonesia Mass media companies established in 1994 Mass media companies of Indonesia Telecommunications companies established in 1994 Telecommunications companies of Indonesia {{Indonesia-tv-stub