Weaker naira and fewer subscribers hurt MultiChoice earnings
12 June 2024 - 18:30
Foreign exchange woes in Nigeria and a drop in subscribers brought down earnings for Africa’s largest pay TV group in the year to end-March, MultiChoice reported on Wednesday.
Total subscribers, measured on a 90-day active basis, fell 11% to 20.9-million, from 23.5-million in the previous comparable period...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.