MultiChoice reports strong results and bets on more local content
Its operations in the rest of Africa narrow trading losses thanks partly to cost cuts and revenue growth
11 November 2019 - 17:48
Africa’s biggest pay-TV group, MultiChoice, reported higher core earnings on Monday as it added new subscribers and narrowed losses in its operations elsewhere in Africa.
The DStv operator has been struggling to make profits in its operations in the rest of Africa, where weakening currencies have increased the costs of delivering international content, which it pays for in dollars. ..
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