PT First Media Tbk is an Indonesian media and telecommunications company which primarily focused on pay cable television and Internet services.

The company was primarily owned by the Lippo Group, but in late 2019 the group began reducing the shares it owned.[1] By August 2021, Axiata (who operates the XL network) obtained the majority shares of First Media's subsidiary, LinkNet.[2]

References

  1. ^ Safitri, Kiki (December 3, 2019). "Setelah OVO, Kini Lippo Group Lepas Saham First Media, Mengapa?". Kompas.com (in Indonesian). Retrieved August 10, 2021.
  2. ^ "XL Axiata Akuisisi 66 Persen Saham Link Net, Dampak ke Pelanggan First Media?". Tempo.co (in Indonesian). August 1, 2021. Retrieved August 10, 2021.