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Failing CDMA business, Bakrie swerves to triple-play business
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Bakrie Telecom president commissioner Anindya Novyan Bakrie gives remarks at a company event. (Courtesy of http://www.bakrieglobal.com//-)
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akrie Group has prepared Bakrie Telecom to enter the bundled internet-television-phone services, dubbed triple-play business, as it seeks to restructure the long losses-bearing subsidiary.
The telecommunication provider will work with its sister company Visi Media Asia (Viva) to support the new business model. Bakrie Telecom will provide the network, data and telephone service while Viva provides the TV content.
"You can see it from our measures. The shareholder meeting has appointed R. Bismarka Kurniawan as the new president director, who is also the vice president director of Viva," Bakrie Telecom commissioner Anindya Novyan Bakrie told thejakartapost.com on Tuesday in Jakarta.
The golden era of CDMA (code-division multiple access) business in Indonesia had faded, according to him. The number of users has drastically plunged from 11 million in 2013 to 2.4 million in 2015, forcing the company to take its attention away from its CDMA telecommunication business.
"We must accept that the CDMA era is over […] We are currently formulating how it will work along with our debt restructuring plan," Anindya said.
The company sold back the 800 megahertz CDMA spectrum to the government and leased the network from PT Smartfren Telecom to support Bakrie Telecom’s service, including for its 4G network. (ags)
