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Transvision | |
Formerly | TelkomVision (1997–2014) YesTV (2009–2014) |
Company type | Subsidiary |
Industry | Satellite television |
Founded | 7 May 1997 |
Headquarters | , |
Area served | Indonesia |
Key people | Chairul Tanjung (President Commissioner) Ishadi S.K. (Commissioner) Peter F. Gontha (Co-founder and President Director) Atiek Nur Wahyuni (Vice President Director) Hengkie Liwanto (Director) |
Owner | Trans Media (PT Indonusa Telemedia) [1] |
Parent | CT Corp |
Website | www |
PT Indonusa Telemedia, operating under the brand name Transvision (formerly TelkomVision and YesTV), is a subscription-based direct broadcast satellite service provider in Indonesia. It is primarily owned by Trans Media, a subsidiary of CT Corp, and the founding company Telkom Indonesia via TelkomMetra as the minority holder. [2] Tranvision currently airing through MEASAT-3b satellite (via Ku band frequency) since 2016.
Transvision's slogan is Broadcasting at The Edge of Technology.
PT Indonusa Telemedia was established on 7 May 1997, under the brand name TelkomVision, by a consortium of shareholders, including PT Telekomunikasi Indonesia Tbk (Telkom), PT Telekomindo Primabhakti (part of Rajawali Corpora), PT Rajawali Citra Televisi Indonesia (RCTI), and PT Datakom Asia. [lower-alpha 1] Operations commenced in December 1998 with the early 200 subscribers.
By 2003, Telkom became the principal shareholder, holding 98.75% of TelkomVision shares, with the remaining 1.25% owned by Datakom. As of April 2011, TelkomVision had 200,000 subscribers. [5]
In 2013, Trans Corp CEO Chairul Tanjung bought 80% of TelkomVision's share despite being opposed by the House of Representatives. [6] Then-Minister of State-Owned Enterprises Dahlan Iskan made an intervention to the acquisition process. TelkomVision was considered stagnant in its revenue though has a well prospect as a senior in satellite TV industry. [7] The content development would be handeled by Trans Corp, while Telkom focused on infrastructure provision. [8]
After the acqustion process completed, on 14 May 2014, TelkomVision was rebranded as Transvision, as TelkomVision shareholders held only 20% ownership, with Trans Media emerging as the primary stakeholder, holding 80%.
In November 2021, Toonz Media Group launched a bilingual kid's channel called "Toonz Kids", dubbed in Indonesian. [9]
In July 2023, KC Global Media pulled several channels from Transvision, citing "non-payment of contractual obligations". [10]
PT Telekomunikasi Indonesia (Persero) Tbk officially shortened into PT Telkom Indonesia (Persero) Tbk, also simply known as Telkom, is an Indonesian multinational telecommunications conglomerate with its corporate headquarters in Bandung and its operational headquarters in the Telkom Landmark Complex in Jakarta. Telkom is listed on the Indonesia Stock Exchange and has a secondary listing on the New York Stock Exchange—the only Indonesian company, currently listed there. The government of Indonesia owns over half of the Telkom's shares outstanding.
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