Biznet to Invest in High Speed Broadband Services

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Indonesian telecommunications and multimedia company Biznet Networks plans to spend $70 million to build Biznet WiFi, a service that provides fast Internet access at up to 100 Mbps, specifically for smartphone and tablet users.

Biznet Networks has signed up 70,000 WiFi users since it started service in February 2015. The company expects to increase the number of users to two million in 2016 from 750,000 users targeted this year. Biznet Networks has set up several wireless hot-spots in many areas such as offices, shopping centers, universities and other crowded centers in Jakarta and Bali. The company will expand its business to Bandung, Java, Sumatra and other cities in East Indonesia if possible.

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