MultiChoice is facing a stark ultimatum — adapt quickly or face the grim reaper of irrelevance.
In an earnings report (https://www.businesslive.co.za/bd/companies/telecoms-and-technology/2024-11-12-multichoice-bleeds-subscribers-blames-tough-economy/) for the six months to end-September, MultiChoice said “unprecedented foreign exchange volatility” combined with macroeconomic challenges sent its half-year profit nosediving from R1.5bn to a miserly R7m. ..
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