Multichoice
14 Jun
Multichoice Group has revealed that it remitted about N192.09 billion from Nigeria in the financial year ended March 2024. The company disclosed this in its consolidated financial statements released on Wednesday for the period under review. The amount remitted was higher than that of the previous year “The group remitted $184m from Nigeria during FY24…
13 Jun
MultiChoice Group, has blamed Nigeria’s economic condition as active DStv subscribers in the country dropped by 18%. The company disclosed this in its financial result for the year ended March 31, 2024, and said the decline in Nigeria affected its overall subscriber database leading to a 9% decline for the year. While the total subscription…
13 Jun
MulitiChoice Group demonstrated resilient operational performance for the year ended March 2024, delivering a 26 per cent trading profit margin in South Africa, while increasing trading profit in the Rest of Africa by 48 per cent,
12 Jun
South Africa's TV giant MultiChoice posted a pretax loss of 706 million rand ($38 million) for the year ending in March, the company said Wednesday, citing weak local currencies and a drop in subscribers. The company is the subject of a takeover bid by France's Canal+, which already holds more than 35 per cent of…
8 Jun
MultiChoice Nigeria says it will appeal Friday’s ruling of the Competition and Consumer Protection Tribunal in Abuja, which awarded a N150 million fine against it for challenging the court’s jurisdiction. The News Agency of Nigeria (NAN) reports that the tribunal had fined MultiChoice Nigeria the sum of N150 million for disobeying its order. The order…
8 Jun
MultiChoice Nigeria says it will appeal Friday’s ruling of the Competition and Consumer Protection Tribunal in Abuja, which awarded a N150 million fine against it for challenging the court’s jurisdiction.
8 Jun
The Competition and Consumer Protection Tribunal has fined PayTV operator, Multichoice Nigeria, owners of DSTV, GOTV, N150 million
5 Jun
The deal made by Canal+ Group, a French TV channel, to acquire South Africa’s MultiChoice at $2.9 billion has been considered “fair and reasonable”. According to Reuters, the independent board set up by Multichoice spoke on the deal on Tuesday. The board said “the terms and conditions of the offer are fair and reasonable to…
30 May
In commemoration of the 2024 Africa Day, MultiChoice has emphasised the role of education in cultivating and sustaining talents in the Afri
18 May
It is an open book that the African Magic Viewers’ Choice Awards (AMVCA) has over the years become a fundamental fashion spotlight red carpet
14 May
Managing Director, Metrodigital Limited, the Pay-TV parent company of Silver Lake Television (SLTV), Ifeanyi Nwafor, has stressed the need for indigenous firms to break the monopoly in the telecom sector and inject more needed competition into the market.
8 May
Contempt proceeding has been instituted against the Manager of Abuja office of Multi-Choice Nigeria Ltd, Mr Mohammed Sani, over alleged disobedience to the order made by the Competition and Consumer Protection Tribunal (CCPT).
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