Announced

Completed

Asianet and Indosat Ooredoo Hutchison completed the acquisition of MNC Play.

Synopsis

Asianet, an Indian Malayalam language general entertainment pay television channel, and Indosat Ooredoo Hutchison, a telecommunications provider, completed the acquisition of MNC Play, an internet company. Financial terms were not disclosed. "This acquisition aligns perfectly with our larger purpose of connecting and empowering Indonesians. We are excited to welcome MNC Play's customers into our family, ensuring they continue to enjoy marvelous experiences and better services. Indosat's focus extends beyond numbers to enhancing the customer experience. With the addition of IPTV services that are provided by MNC Play, Indosat HiFi has expanded not only to unparalleled home broadband services but also to offer entertainment such as cable and interactive TV,” Vikram Sinha, Indosat Ooredoo Hutchison President Director and CEO.

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