LETTER: More snags for Multichoice
Inflation-beating price increases
Your correspondent, Jacques Plaut, gave a favourable view on investing in Multichoice “MultiChoice Worth a Look for Investors” (May 30). He mentions Africa and Netflix as two “snags”, to which I would add the Independent Communications Authority of SA’s plans on TV rights “Competition Commission Urges Icasa to Open up Pay-TV Market” (June 2).
But Plaut is incorrect on one aspect. There has been a steady inflation-beating price increase every year for the past six years for its full-suite product. No negotiations. Pay up or we cut you off. It is impossible to speak to its accounting staff, and it doesn’t provide tax invoices for purchases made at its Randburg office. Bon voyage to another monopoly...
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.