Multichoice Withdraws from South Africa after Regulator Bars Price Hike
11 ago 2023 ·
59 sec.
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Descrizione
South African entertainment company Multichoice, which owns and operates satellite pay-TV service DSTV, has withdrawn from Malawi after a court barred its local franchise from increasing prices. The company says...
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South African entertainment company Multichoice, which owns and operates satellite pay-TV service DSTV, has withdrawn from Malawi after a court barred its local franchise from increasing prices.
The company says no new subscriptions or reconnections will be accepted and it will only continue serving clients with active subscriptions until 10 September.
Multichoice Malawi earlier announced an increase in DSTV prices, but the Malawi Communications Regulatory Authority acquired a temporary court injunction preventing the hike from going through.
MultiChoice Malawi argued that it was merely collecting subscription fees on behalf of MultiChoice Africa, which sets and adjusts the prices.
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The company says no new subscriptions or reconnections will be accepted and it will only continue serving clients with active subscriptions until 10 September.
Multichoice Malawi earlier announced an increase in DSTV prices, but the Malawi Communications Regulatory Authority acquired a temporary court injunction preventing the hike from going through.
MultiChoice Malawi argued that it was merely collecting subscription fees on behalf of MultiChoice Africa, which sets and adjusts the prices.
Informazioni
| Autore | Africa Business Radio |
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