PCCW plans to invest in Indonesian pay-TV operator Telkomvision


Hong Kong (Antara News/Xfn-asia) - PCCW Ltd said it plans to invest in Indonesian pay-TV operator Telkomvision.

It said it has entered into a memorandum of understanding with Telkomvision, the pay-TV unit of Indonesia's dominant fixed-line operator Telkom.

The company did not reveal the size of its potential investment and the stake it may take in the Indonesian firm.

PCCW will participate in Telkomvision's operational management should the investment plan push through, it said. (*)