Reporter: Akmalal Hamdhi |Editor: Handoyo .KONTAN.CO.ID - JAKARTA.PT MNC Vision Networks Tbk (IPTV) still relies on the pay TV business, namely K-Vision as a business support.As of semester I-2022, the number of K-Vision subscribers has reached 9.5 million subscribers.President Director of PT MNC Vision Networks Tbk Ade Tjendra said the expansion of K-Vision is still ongoing.K-Vision aggressively sells Set Top Boxes (STB) and voucher packages that have been distributed to 3000-5000 dealers.From his observations, K-Vision has an average of at least 150 thousand new customers every month.So if it is calculated, K-Vision will have an additional 2 million new subscribers this year.Also Read: A Number of MNC Group Shares Rise Significantly, Pay Attention to Analyst Recommendations"The addition of new customers obtained by K-Vision to support the efforts of his brother, MNC vision," said Ade in a virtual public expose, Friday (15/7).To refresh existing shows, MNC Vision will consistently add quality content that is not only limited to local content.However, exclusive content such as Football, Badminton, Basketball to Moto GP will be present at K-Vision.Meanwhile, from other business units such as MNC Play, which provides Internet Broadband and IPTV (Internet Protocol Television) services, the company will build networks originating from infrastructure in existing locations."We already have backbones in several existing cities, including Jakarta, Bandung, Semarang, Surabaya, Medan and Malang. We will use it as a means to reach their areas efficiently," said Ade.Also Read: MNC Studios (MSIN) Believes Revenue Will Increase Thanks to Digital Asset ConsolidationMNC Vision hopes that this service can add 150-200 thousand new home passes of its own.The additions from other parties' networks are targeted to be the same amount.As is known, MNC Play has secured partnerships with ICON+, FiberStar, Serpong Mas Telematika (Sinar Mas Group), Gasnet (PGN Group), and Moratelindo, which allows MNC Vision to lease excess network capacity to enter customers' homes.Currently, MNC Vision claims to be the number 3 largest broadband in Indonesia with a total of 1.5 million Home Passes.MNC Play has a total of around 311 thousand subscribers.This year, they are targeting to add 70-80 thousand new MNC Play subscribers.In addition, MNC Vision is also boosting the penetration of Warung Migo, a collaboration between K-Vision and Migo, to provide entertainment content that can be enjoyed offline.In the long term target, MNC Vision wants to open 100,000 Migo Warungs throughout Indonesia with 20 million customers.So far, they have had 2,000 Migo Warungs spread across various cities.However, from the various expansion actions, MNC Vision has not yet determined revenue and profit targets for this year.The issuer of the Hary Tanoe group, in 2021, recorded revenues of Rp. 3.74 trillion with a net income of Rp. 56.37 billion.This achievement rose 2% from the previous year of Rp 3.68 trillion.MNC Vision's revenue last year came from the Satellite Services business, namely K-Vision, amounting to Rp 2.24 trillion.Then, the Digital business, IPTV and Broadband Services contributed Rp 1.34 trillion.The rest came from other income of Rp. 142,671 billion.Next up: Tomorrow's Weather in Java and Bali: Light Rain in Bandung, Moderate Rain in YogyakartaCheck other News and Articles on Google News