Multichoice group FY revenues grow 4%, subscriptions rise 7%

Thursday 10 June 2021 | 16:07 CET | News
Multichoice Group revenues rose 4 percent year-on-year to ZAR 53.4 billion for the year to end March. The performance, coupled with the company's on cost containment and a ZAR 1.5 billion reduction in trading losses in the Rest of Africa, translated into a 28 percent increase in trading profit to ZAR 10.3 billion.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite
Companies: MultiChoice
Countries: Africa
::: add a comment
This article is part of dossier


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Multichoice appoints Okyere as MD for Ghana

Published 15 Jun 2021 10:48 CET | Ghana
MultiChoice Africa has named Alex Okyere as the new managing director for its Ghanaian operation. He takes over from Cecil ...

MultiChoice spends ZAR 4 bln to increase stake in BetKing to 49%

Published 15 Jun 2021 10:31 CET | Africa
MultiChoice has increased its stake in Pan-African online sports betting company BetKing to 49 percent, in line with its strategy ...

MultiChoice Malawi introduces Sankha Wekha kiosks

Published 10 Jun 2021 11:12 CET | Malawi
MultiChoice Malawi has introduced Sankha Wekha kiosks to offer services to GOtv and DStv subscribers. MD Gus Banda said the ...

MultiChoice launches customer service chatbot T.U.M.I

Published 08 Jun 2021 14:33 CET | Africa
MultiChoice has introduced an Artificial Intelligence (AI) chatbot for customer service, called The Ultimate Master of ...

MultiChoice Group expects FY trading profit to rise by up to 30%

Published 08 Jun 2021 09:41 CET | Africa
MultiChoice Group expects full-year trading profit to jump by as much as 30 percent, or up to 45 percent on an organic basis. In ...