IROKO, a Nigeria-based media company, plans to go public in the next 12 months on the London Stock Exchange (LSE), a move which is less about raising money and more about improving its brand position. Jason Njoku, IROKO’s co-founder and CEO recently said that the company is looking to raise between $20 million and $30 […]
Two years after getting an injunction to stop DStv from increasing prices, Nigeria’s Consumer Protection Council is investigating MultiChoice again to stop price increases driven by 12% inflation and a devalued Naira.
It is unlikely that NBC, the industry regulator, doesn’t know the economics and mechanics of the business. What is more likely is that NBC seems to be taking a swipe at MultiChoice’s payTV, DSTV, which has found itself on the wrong end of a Nigerian narrative.
Nigerians face the possibility of a new tax on electronic communications which is already being levied in Ghana.
MTN’s move into cable TV services is significant. The telco has been racing to reduce reliance on voice as various OTT services like Whatsapp, Viber and others impinge upon that substrate of its services.
Kenyan mobile telecom operator, Safaricom, is about to launch a video-on-demand (VOD) service that will be powered by an Android-based set-top box.