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Company Profile PDF Print E-mail

Global Mediacom is the largest and the only integrated media, broadcasting, entertainment and telecommunication group in Indonesia with operations that encompass content production, content distribution, television and radio broadcasting, newspaper, magazine, tabloids, telecommunication operator, mobile content aggregrator, value added services provider, and IT system integrator.

In addition, the Group also holds a portfolio of investments that can be converted into financial resources for immediate and future expansions.

Brief History

1981
The Company was established on 30 June 1981 which was operating in General Trading. With according to the business opportunity at that time, the Company has been continuously growing by virtue of its ownerships in several business lines consisting of Media & Broadcasting, Telecommunications & IT, Hotels & Properties, Chemical, Infrastructure and Transportation.

1995
The Company has affirmed to conduct an Initial Public Offering (IPO) for a total of 200,000,000 shares at a nominal of Rp500 per share which was offered of Rp1,250 per share. The Statement of Registration where the shares became effective and was listed on the Jakarta Stock Exchange (JSX) and the Surabaya Stock Exchange (SSX) on 17 July 1995. As a public company, the Company has conducted a series of internal consolidation schemes and repositioned and was restructuring of shares ownership in business units outside the core business.

2007
To strengthen its image as the largest and integrated media company, then in 2007 the Company set to change of the Company’s name and logo to become a PT Global Mediacom Tbk, which believed to have a meaning in accordance with the company’s core business.

2008
Other strategies that has undertaken by the Company to strengthen the media business, was by determining the Subscriber based Media business as the Company’s core business, aside from Content & Advertising based Media as well as Media Support & Infrastructure. The Company, thus, acquired PT MNC Sky Vision or popularly known as Indovision, that engages as a pay TV operator. PT MNC Sky Vision, thus, became a subsidiary company in the Subscriber based Media sector.

2009
In line with the company vision as a leading integrated media group, then in 2009 the Company released the telecommunications business sector by selling all shares of the Company’s ownership in PT Mobile-8 Telecom Tbk.

 
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Highlights

PT. GLOBAL MEDIACOM Tbk (MCOM) 1H 2010 NET PROFIT SOARS BY 68%, A MAGNIFICENT PERFORMANCE

Jakarta, Indonesia – 2 August 2010

PT. Global Mediacom Tbk (“MCOM”) has recorded a very strong performance in the first half 2010 ending June 30 as depicted in Figure 1. The 1H 2010 consolidated revenues rose by 22% to become Rp3 trillion from Rp2.4 trillion in the same period last year. Operating profit, EBITDA and net profit increased satisfactory by 80%, 60% and 68% respectively y-o-y.

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GLOBAL MEDIACOM INCREASES ITS STAKES IN MNC SKY VISION

Jakarta, Indonesia - June 16th, 2010

 

On June 2nd, 2010, PT Global Mediacom Tbk (“Mediacom”) has converted the mandatory exchangeable bonds into 1,525,268,700 shares of PT MNC Sky Vision (“MNC SV”). The bond conversion have enlarged Mediacom`s ownership in MNC SV from 51% to 75.54%.

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RAKUTEN ENTERS INDONESIA`S E-COMMERCE MARKET BY FORMING A JOINT VENTURE WITH PT GLOBAL MEDIACOM TBK

Rakuten enters Indonesia’s E-commerce Market by forming a Joint Venture with PT
Global Mediacom Tbk, Indonesia’s largest media company.
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GLOBAL MEDIACOM HAS CONVENED 2009 AGMS AND EGMS

Jakarta, Indonesia – April 27, 2010

 

PT Global Mediacom Tbk (Mediacom or the Company) has convened an Annual General Meeting of Shareholders (AGMS) today to report on the financial statements for the year ended December 31, 2009.

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