Sunday, 21 May 2017

MTN considering to acquire DSTV and GOtv



MultiChoice Africa, reports say, are in a discussion with MTN, South African telecoms company, over the possible acquisition of the company.

The offer of MultiChoice Africa will not affect the South African division of the TV network although the plans have not been made public.

“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”.

Naspers Limited, parent company of MultiChoice Africa is the franchise owner of DStv and GOtv.

Both companies confirmed on Thursday that they are still in talks about sharing TV content, video-on-demand services, on smartphones.

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