INDOSATS AND MNC
BUILD A STRATEGIC PARTNERSHIP
Jakarta, 18 July 2006 --- PT Indosat Tbk (Indosat) today conduct a signing ceremony of Memorandom Of Understanding/MOU with PT. Media Nusantara Citra (MNC), for a strategic partnership in supplying satellite, network, telecommunication services, infrastructure, multimedia content, TV broadcast, advertisement placement, and other media services. This MOU is a start of a long term partnership for a strategic business and operational for both parties.
Both Indosat and MNC realize that together with the development of technology, sinergy and business convergence between media business and telecommunication cannot be avoided. Indosat as a telecommunication operator with a big amount of customer based, and MNC as a multimedia and broadcasting company owning 3 television station, RCTI, TPI and Global TV with its coverage of more than 10 millions viewers in Indonesia, both understand that sinergy between the world of telecommunication and media will result benefits for each business.
At the event, Deputy President Director Indosat, Kaizad B. Heerjee said, “ Indosat proudly welcomes the partnership with MNC, as an effort to give benefits for both companies. This cooperation is also a proof of Indosat’s commitment to continuously improve service quality for a specific needs for corporate segments”.
Through this partnership, Indosat will provide various servic e and telecommunication solution and network, such as PALAPA-C2 satellite transponder, terestrial microwave network and cable optik network for distribution of domestic and international network as well as to support international /operational network of MNC. MNC will provide content such as news, infotainment, films, other programs package in a form of content as a form of Value Added Services for cellular users. Other than that, MNC will provide an integrated marketing media for television commercials, print, and radio.
As one of actualization from this MOU, today Indosat and MNC also sign an agreement where RCTI as one of subsidiary company of MNC leased PALAPA-C2 satellite transponder for its operational broadcasting.
Meanwhile President Director MNC, Hary Tanoesoedibjo, said, “The strategic partnership between Indosat and MNC will give value added for both parties.Indosat owns a big amount of customer based and a mature infrastructure and MNC can be a choice of Indosat media for content and marketing.
Currently Indosat and MNC are developing partnership for cable optic for operational of MNC, advertis ement placement for Indosat, creating quiz show, reality show and other shows inline with the needs of Indosat’s marketing, sponsored exclusively by Indosat.
About Indosat
Indosat Tbk is a leading telecommunication and information service provider in Indonesia that provides cellular services (Mentari, Matrix and IM3), IDD service (IDD 001, IDD 008 and FlatCall 016), fixed telecommunication services (StarOne, I-Phone). Indosat also provides Multimedia, Internet & Data Communication Services (MIDI). Indosat's shares are listed in the Jakarta and Surabaya Stock Exchange (JSX:ISAT) and its American Depository Shares are listed in the New York Stock Exchange (NYSE:IIT).
About MNC
MNC is an integrated multimedia company with the main goals is to provide a quality broadcasting and media content as a source of information and entertainment for every layered of public with various education and social economic background and to build the public culture in a posituve way.
MNC moves in the fields of production and content distribution as well as channel, artist management, television broadcasting through RCTI, TPI and Global TV, print media such as Seputar Indonesia daily newspaper and Genie Tabloid, radio through MNC network for example Trijaya, ARH, Global, Women Radio, Dangdut radio TPI. MNC also produce an in -house production soap operas, movies, TV, comedy, reality shows and quiz.
PT Media Nusantara Citra (MNC) PT Indosat Tbk. (Indosat)
Media Contact: Public Relations Dept. Media Contact: Public Relations
Menara Kebon Sirih Lt 27 Division
Jl Kebon Sirih Kav. 17-19 Gendung Indosat lt. 2 PD
Jakarta 10340 Jl. Merdeka Barat 21
Telp 62 -21 3900310 Jakarta 10110
Fax 62 -21 3927859 Telp. 62 -21-3869625
Up. Ajun S. Damayanti Fax. 62 -21-3812617
