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M-Web restructures to boost revenue

| Source: JP

M-Web restructures to boost revenue

JAKARTA (JP): Internet group PT M-Web Indonesia is planning to
lay off some of its employees as part of a crucial restructuring
plan aimed at improving revenue, lowering costs and enhancing the
level of service for new and existing customers, according to a
top official at the company.

"Staff reductions have been discussed in detail with
management and supervisors, and decisions were considered over a
three-week period to ensure a fair process," M-Web Indonesia
chief executive officer Stephen Gilmour said.

Currently, M-Web Indonesia, the country's biggest Internet
company, employs a total of 618 personnel, of whom about 50 will
be laid off. No timetable has been set for the layoff.

The company manages four websites, namely Astaga, Kafegaul,
Satunet and M-Web, with total pageviews reaching 1.4 million per
day.

M-Web Indonesia also offers the M-Web/Exelcom mobile service,
which receives 1,500 calls per day, and is an Internet Service
Provider (ISP) with 3,500 subscribers, including 240 corporate
subscribers.

"Overall our business is continuing to expand rapidly," said
Gilmour.

The restructuring program will direct M-Web Indonesia to focus
on three main business divisions, namely enterprise services,
consumer services and the M-Web Anywhere.

M-Web Indonesia is part of MIH Limited, a Nasdaq-listed media
company based in South Africa. It currently operates 15 Internet
Centers, including at the University of Indonesia, Gadjah Mada
University and Trisakti University. MIH has Internet operations
throughout Africa, China, Thailand, Greece and Indonesia.

Established in May 2000, M-Web Indonesia has grown rapidly to
become one of the largest Internet solutions providers in the
country. Its core businesses include Internet Centers, ISP,
portals, data center management, business solutions and mobile
services.(03)

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