(Reuters) - South African pay-TV monopoly Multichoice expects the onset of competition next year to spark a profit-eroding price war and says fixed-line phone operator Telkom will be its toughest rival.
Multichoice, which is owned by media firm Naspers and runs Africa's DStv pay-TV network, says it may have to cut its prices when South Africa's regulator licences competitors next year and is braced for higher content costs.
Read more at Reuters Africa
Multichoice, which is owned by media firm Naspers and runs Africa's DStv pay-TV network, says it may have to cut its prices when South Africa's regulator licences competitors next year and is braced for higher content costs.
Read more at Reuters Africa
No comments:
Post a Comment