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Tag: MultiChoice

Canal+ aims for increased stake in MultiChoice
Business

Canal+ aims for increased stake in MultiChoice

After a decision by South Africa’s Takeover Regulations Panel, Vivendi’s French media business, Canal+, has declared its unwavering desire to purchase further shares of the pay-TV giant MultiChoice by April 8. The Times recorded that, because Canal+ owns 35.01% of MultiChoice, the panel ordered it to disclose its clear intention, so requiring a forced offer. […]

Canal+ aims for increased stake in MultiChoice
Business

MultiChoice to pay FIRS $37.3m as tax settlement

The largest pay TV company in Africa, MultiChoice Group, announced on Thursday that a tax issue involving one of its subsidiary companies and Nigerian tax authorities had been resolved. A tax payment of approximately $37.3 million is required as part of the settlement. Recall that in 2022, MultiChoice Nigeria’s accounts were frozen by the Federal […]

Trariff hike: Produce financial report, tribunal orders Multichoice
Business

Naira devaluation: Multichoice records $72.4m net loss

MultiChoice Group Ltd. has announced a third straight semi-annual loss of 1.32 billion rand ($72.4 million) for the six months that ended on September 30 The biggest pay-TV provider in Africa blamed the financial setbacks on ongoing power disruptions in South Africa and problems with foreign exchange in Nigeria in a filing on Wednesday. The company claimed that the […]

Nigerians lament frequent pay-TV subscription hike
Business

Nigerians lament frequent pay-TV subscription hike

Customers have lamented as the parent firm of DStv, MultiChoice Nigeria, recently started implementing yet another regime of price increases across all of its different packages. According to The Punch, in April, the business announced an increase in the cost of its bouquets, claiming the need to reflect current economic conditions. This statement was made […]

Nigerians lament frequent pay-TV subscription hike
Business

Multichoice to increase cost of DSTV subscriptions May 1

Beginning on May 1, 2023, MultiChoice Nigeria will apply yet another price increase across all of its DStv bundles. This comes one year after it announced and carried out a comparable price increase review in April 2022. The price increases for the various DStv packages range from 16.3% to 18.6%, and the company claims that […]

M-Pesa
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Vodacom, MultiChoice partner on app development

Vodacom Tanzania has announced a partnership with MultiChoice Tanzania’s DStv, allowing subscribers to access the digital television service through the M-Pesa app via the MyDStv App. The mobile operator acknowledged that it wants to turn M-Pesa into a Super App and ecosystem that other apps can operate and integrate into, much like the Google Play […]

Trariff hike: Produce financial report, tribunal orders Multichoice
News

Trariff hike: Produce financial report, tribunal orders Multichoice

An Abuja court on Tuesday ordered John Ugbe, the Managing Director of MultiChoice, the operator of Gotv and DStv, to produce its 2021 audited financial report on September 8. The Competition and Consumer Protection Tribunal sitting in Abuja, gave the directive after the company breached its restraining order on the tariff hike. Multichoice had appeared […]

NBC slammed over MultiChoice court ruling
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NBC slammed over MultiChoice court ruling

A local pay cable television company named Metro Digital Limited has slammed the Nigerian Broadcasting Commission for failing to comply with the directive of the Court of Appeal in its dispute with MultiChoice. Reports revealed that the Port Harcourt court had ordered NBC to address the firm’s complaints about a trade dispute with MultiChoice within […]

NBC slammed over MultiChoice court ruling
News

Tariff hike: Tribunal fixes Sept for Multichoice suit

An Abuja court on Monday announced a date for the judgment in a suit filed against MultiChoice, the operator of Gotv and DStv, over the recent price hike on their products and subscription rates. The PUNCH reported that the Competition and Consumer Protection Tribunal sitting in in the nation’s capital fixed September 6 for the […]

Trariff hike: Produce financial report, tribunal orders Multichoice
News

Court orders MultiChoice to sublicense channels

An Appeal Court sitting in Port Harcourt, the Rivers State capital, has ordered entertainment company, MultiChoice, to sublicense some channels to a satellite company, Metro-digital. The court ruled pursuant to the National Broadcasting Commission’s code. Justice Olabode Adegbehingbe in his judgment on Wednesday ruled that the lower court erred when it dismissed the suit of […]

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  • 13th July 2022
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News

Tribunal stops MultiChoice from increasing DStv, GOtv tariffs

A Competition and Consumer Protection Tribunal sitting in Abuja has restrained Multi-Choice Nigeria Limited from increasing its tariffs and cost of products and services scheduled to begin on April 1. The three-member tribunal presided over by Thomas Okosun, gave the order following an ex-parte motion moved by Festus Onifade, a legal practitioner, on behalf of […]

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