French pay-television giant and new MultiChoice Group owner, Groupe Canal+, plans to focus aggressively on subscriber growth to take advantage of what it has described as the “underpenetrated African pay-TV market”. The move, outlined in an investor presentation by Canal+ earlier this month, aims to offset MultiChoice’s sinking subscriber numbers, which declined by 1.2 million…
Sashin Sookroo, CEO of FNB Connect. First National Bank’s mobile virtual network (MVNO) offering has one million active subscribers under its umbrella, the bank announced today. Introduced in 2015, FNB Connect is the bank’s mobile offering that is available to FNB customers, allowing them to choose from a range of products and services. It is…
MultiChoice CEO Byron du Plessis has pledged significant changes to boost the company’s subscriber base, stating the broadcaster is “willing to reverse decisions when they are not the right ones.” In an interview, Du Plessis elaborated on plans to potentially unbundle SuperSport from higher-tier DStv packages. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: Nvidia…
MultiChoice Group reported a net profit of R1.8 billion (over US$100 million) for the fiscal year ending 31 March 2025 The drop represents an 8% decline, with losses evenly split between South Africa and the rest of the continent In South Africa, households facing a cost-of-living crisis were forced to cancel DStv subscriptions, impacting all…
MultiChoice Group is in trouble. The pay-television broadcaster on Wednesday reported a big loss for the year ended 31 March 2025 and reported a decline of 1.2 million linear broadcasting subscribers, or 8% year on year. The group now has 14.5m active subscribers, with customer losses evenly split between South Africa and the rest of…
MultiChoice headquarters in Randburg, Johannesburg. Video entertainment company MultiChoice’s woes are persisting with the company continuing to suffer massive losses in revenue and subscribers. This emerged today when the DStv parent company announced its financial results for the year ended 31 March (FY25). In a statement to shareholders on the Stock Exchange News Service, the…
Double-digit growth in mobile and fixed data traffic underscored Telkom’s core offerings. JSE-listed telecommunications firm Telkom has posted strong full-year results, bolstered by significant growth in its mobile business, as well as gains from the Swiftnet disposal. The company today published its annual financial results and ordinary and special dividend declaration for the year ended…
