Transcribed

Multichoice Withdraws from South Africa after Regulator Bars Price Hike 

Aug 11, 2023 · 59s
Multichoice Withdraws from South Africa after Regulator Bars Price Hike 
Description

South African entertainment company Multichoice, which owns and operates satellite pay-TV service DSTV, has withdrawn from Malawi after a court barred its local franchise from increasing prices.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South African entertainment company Multichoice, which owns and operates satellite pay-TV service DSTV, has withdrawn from Malawi after a court barred its local franchise from increasing prices.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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Author Africa Business Radio
Organization Africa Business Radio
Website -
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