{
    "success": true,
    "data": {
        "id": 1303092,
        "msgid": "psn-to-resume-m2-project-1447893297",
        "date": "2000-05-27 00:00:00",
        "title": "PSN to resume M2@ project",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "PSN to resume M2@ project JAKARTA (JP): Satellite-based communications company PT Pasifik Satelit Nusantara (PSN) said on Friday it was ready to restart its Multi-Media Asia (m2@) project, a satellite-based high-speed internet access service, after a delay in 1998 due to the economic crisis. Company president Adi R. Adiwoso said PSN was nearing completion of funding for the m2@ project.",
        "content": "<p>PSN to resume M2@ project<\/p>\n<p>JAKARTA (JP): Satellite-based communications company PT<br>\nPasifik Satelit Nusantara (PSN) said on Friday it was ready to<br>\nrestart its Multi-Media Asia (m2@) project, a satellite-based<br>\nhigh-speed internet access service, after a delay in 1998 due to<br>\nthe economic crisis.<\/p>\n<p>Company president Adi R. Adiwoso said PSN was nearing<br>\ncompletion of funding for the m2@ project.<\/p>\n<p>\"PSN needs to raise US$150 million to restart the project, the<br>\nmajority of which will come from a private placement,\" he<br>\nsaid.<\/p>\n<p>The company is in the late stages of securing financial<br>\npartners for the remaining portion, he said, adding that only a<br>\nfew major players in the communications sector had shown interest<br>\nin the project.<\/p>\n<p>Adiwoso said with the launch of the m2@ satellite expected in<br>\n2002, PSN would have a fixed data network to compliment the soon<br>\nto be launched mobile voice and data network by subsidiary ASIA<br>\nCellular Satellite. (cst)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/psn-to-resume-m2-project-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}