Privacy Policy

Privacy Policy for www.smarteducationpemalang.blogspot.com 

If you require any more information or have any questions about our privacy policy, please feel free to contact us by email at smarteducationpemalang@gmail.com. 

At www.smarteducationpemalang.blogspot.com, the privacy of our visitors is of extreme importance to us. This privacy policy document outlines the types of personal information is received and collected by www.smarteducationpemalang.blogspot.com and how it is used. 

Log Files
Like many other Web sites, www.smarteducationpemalang.blogspot.com makes use of log files. The information inside the log files includes internet protocol ( IP ) addresses, type of browser, Internet Service Provider ( ISP ), date/time stamp, referring/exit pages, and number of clicks to analyze trends, administer the site, track user’s movement around the site, and gather demographic information. IP addresses, and other such information are not linked to any information that is personally identifiable. 

Cookies and Web Beacons 
www.smarteducationpemalang.blogspot.com does use cookies to store information about visitors preferences, record user-specific information on which pages the user access or visit, customize Web page content based on visitors browser type or other information that the visitor sends via their browser. 

DoubleClick DART Cookie 
.:: Google, as a third party vendor, uses cookies to serve ads on www.smarteducationpemalang.blogspot.com.
.:: Google's use of the DART cookie enables it to serve ads to users based on their visit to www.smarteducationpemalang.blogspot.com and other sites on the Internet. 
.:: Users may opt out of the use of the DART cookie by visiting the Google ad and content network privacy policy at the following URL - http://www.google.com/privacy_ads.html 

Some of our advertising partners may use cookies and web beacons on our site. Our advertising partners include ....
Google Adsense


These third-party ad servers or ad networks use technology to the advertisements and links that appear on www.smarteducationpemalang.blogspot.com send directly to your browsers. They automatically receive your IP address when this occurs. Other technologies ( such as cookies, JavaScript, or Web Beacons ) may also be used by the third-party ad networks to measure the effectiveness of their advertisements and / or to personalize the advertising content that you see. 

www.smarteducationpemalang.blogspot.com has no access to or control over these cookies that are used by third-party advertisers. 

You should consult the respective privacy policies of these third-party ad servers for more detailed information on their practices as well as for instructions about how to opt-out of certain practices. www.smarteducationpemalang.blogspot.com's privacy policy does not apply to, and we cannot control the activities of, such other advertisers or web sites. 

If you wish to disable cookies, you may do so through your individual browser options. More detailed information about cookie management with specific web browsers can be found at the browsers' respective websites. 

MSKY’s profits drop despite boost in subscriber growth

Publicly listed pay TV provider PT MNC Sky Vision (MSKY) saw its net profits plunge last year although its revenue grew steadily on the back of new subscribers.

In an unaudited financial report, MSKY announced Rp 43 billion (US$4.39 million) in net profits in 2012, a 34 percent drop compared to Rp 65 billion in the same period last year.

The company attributed the decline to unrealized foreign exchange losses of Rp 165 billion (US$17 million) from its $165 million bonds that will mature in 2015.

Despite declining net profits, MSKY reported solid business growth with its revenue jumping 37 percent to Rp 2.38 trillion in 2012 from Rp 1.74 trillion a year earlier. 

Its operating income stood at Rp 491 billion, surging 39 percent from Rp 353 billion in the same period last year.

A growing number of subscribers contributed to the surge in revenue.

The company said that it had a total of 1.72 million subscribers at the end of last year, a 48 percent increase from 2011’s figure of 1.16 million. 

In 2012, MSKY managed to attract 558,000 new subscribers, or an average of 47,000 new subscribers per month.

Despite a growing number of subscribers, the company saw its average revenue per user (ARPU) remain stable at Rp 123,000 per month.

MSKY, a subsidiary of media group PT Global Mediacom, which is controlled by media tycoon Hary Tanoesoedibjo, now has 116 local and international channels, 26 of which are exclusively offered via three pay TV brands — Indovision, Top TV and Okevision.

“Going forward with plans to enhance our product offerings and services, we are confident of achieving strong subscriber growth and strengthening our position as the biggest pay TV provider company in Indonesia,” MSKY president director Bambang “Rudi” Rudijanto Tanoesoedibjo said in a written statement.

Rudi said that MSKY had 85 offices across the country as of the end of last year, which contributed to the increase in the number of subscribers.

The country’s pay TV industry is expected to grow by between 10 and 20 percent this year, according to analyst Kiswoyo Adi Joe of PT Investa Saran Mandiri.

“The main factor for growth is the country’s growing number of middle-class consumers. MSKY’s business has good prospects as it has the largest network. It also has the most number of channels,” Kiswoyo said.

“However, the company needs more variety in its programs and new channels to maintain its subscribers,” Kiswoyo said.

Shares in MSKY slid 2.92 percent from Wednesdays close at Rp 2,050 to end at Rp 1,990 apiece on Friday. 

The price of the company’s shares has increased by around 31 percent since its initial public offering in July last year, when the firm sold shares at Rp 1,520 apiece.