Indonesian Political, Business & Finance News

Biznet to invest Rp300B in fiber optics

| Source: GOI
An internet service provider and operator of fiber optic networks Biznet Network said it will invest up to Rp300 billion to build new fiber optic networks in the country this year.

Biznet President Adi Kusma said the company will build a total of 500 km of fiber optic networks in Jakarta, Surabaya and Bali.

The market is still wide open for fiber optic networks in the country, Adi told Investor Daily.

Biznet is providing bandwidth service in Jakarta, Bandung and Surabaya and will soon expand to Bali, he said.

Currently the company has 10,000 subscribers in the three largest cities in Java dominated by corporate subscribers including banks, securities companies, logistics and tour and travel operators.
Tags: business
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