May 21, 2017

MTN Planning To Acquire DSTV And GOTV

Popular South Africa telecommunications company and network provider, MTN is said to be having some talks with Multi-choice Africa, concerning the sale of the Multi-choice company. Meanwhile, the parent company of MultiChoice Africa is the franchise owner of DSTV and GOTV.

However, selling Multi-choice company can't affect the South African division of the TV network but nevertheless, the plan have not been made public.

Read the statement below;

“A sale is one of a number of options being considered by Africa’s biggest company by market value, and a final decision hasn’t been reached. Naspers and MTN Group have briefly discussed a deal for MultiChoice Africa, but no agreement was reached”.

On Thursday, MTN and Naspers confirmed on that they are still in talks about sharing TV content, video-on-demand services on smartphones.

Think is good for Multi-choice to be sold to MTN?

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