0
Broadband

Naspers to list pay-TV provider MultiChoice in Johannesburg

Tuesday 18 September 2018 | 13:39 CET | News
In recognition of PN's support over the years, Naspers intends to allocate another 5 percent stake in MultiChoice South Africa to PN shareholders at no cost, prior to the unbundling. This would increase the PN shareholders' interest in Multichoice South Africa, and its dividend flows should rise by 25 percent. It would also ensure continued compliance with regulatory requirements after the unbundling. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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.

Subscriptions

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 / Internet
Companies: Irdeto / MultiChoice / Naspers
Countries: Africa / South Africa
::: add a comment

Add 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.


Related

MultiChoice Group subscriber base up 15% to 15.1 mln in maiden FY results

Published 18 Jun 2019 16:34 CET | Africa
MultiChoice Group (MCG) reported a 12 percent increase in its subscriber base to 15.1 million, in its maiden full year results to ...

MultiChoice lists on Johannesburg stock exchange

Published 27 Feb 2019 13:21 CET | Africa
African pay-TV group MultiChoice has listed on the Johannesburg Stock Exchange, its parent company Naspers announced. Shares in ...

MultiChoice faces complaint ahead of listing

Published 13 Feb 2019 15:53 CET | South Africa
A South African non-profit organisation has filed a complaint seeking to prevent the MultiChoice Group from listing on the ...

MultiChoice releases pre-listing statement, share trade due to start on 27 February

Published 22 Jan 2019 15:31 CET | Africa
MultiChoice Group has released its pre-listing statement in compliance with the Johannesburg Stock Exchange (JSE) Listings ...

Naspers to launch secondary listing on A2X exchange on 27 December

Published 18 Dec 2018 10:30 CET | South Africa
Naspers has announced that its shares have been approved for inclusion in the list of qualifying equity securities to be traded ...

Naspers continues to look for 'significant' acquisitions

Published 03 Dec 2018 10:14 CET | World
Naspers plans more acquisitions as it targets "significant investments" for its USD 10 billion cash pile in the next couple of ...

Naspers sees underlying earnings up 35-43% in H1

Published 20 Nov 2018 09:48 CET | World
Naspers said it expects core headline earnings per share for the six months ended 30 September to be 7-13 percent higher versus ...

Naspers commits ZAR 4.6 billion to funding South African tech start-ups

Published 26 Oct 2018 10:59 CET | South Africa
Naspers has committed to a ZAR1.4 billion start-up fund to boost the South African technology sector. The Naspers Foundry was ...

Naspers makes appointments for newly formed MultiChoice Group

Published 25 Oct 2018 09:41 CET | Africa
Naspers has announced the executive leadership team for the newly formed MultiChoice Group, formerly Naspers' Video Entertainment ...

MultiChoice appoints Mabaso as CEO of M-Net

Published 02 Oct 2018 13:53 CET | Africa
MultiChoice has announced the appointment of Nkateko Mabaso as the CEO of M-Net in Sub-Saharan Africa, effective immediately. ...

Showmax free of charge for DStv Premium subscribers

Published 02 Oct 2018 10:33 CET | South Africa
Internet TV company Showmax is now available for free to DStv Premium subscribers, reports Nextvame. No other important changes ...

Multichoice South Africa discontinues DStv Mobile on 31 October

Published 01 Oct 2018 09:17 CET | South Africa
MultiChoice South Africa has announced that its DStv Mobile service will end on 31 October, reports MyBroadband. DStv Mobile TV ...

Multichoice says video spin-off and South African listing will not affect Kenyan business

Published 28 Sep 2018 10:39 CET | Kenya
Plans by South African media and e-commerce firm Naspers to list its video entertainment business on the Johannesburg Stock ...

OLX Group invests ZAR 1.4 bln in South Africa's Webuycars

Published 18 Sep 2018 15:05 CET | South Africa
Naspers' classifieds advertisements business, OLX Group, has announced has an investment of ZAR 1.4 billion in Webuycars. ...

MultiChoice South Africa says it seeks to make DStv competitive after report of plans to cut jobs

Published 11 Sep 2018 11:29 CET | South Africa
MultiChoice said that its DStv service will not be hit in any way, as it seeks to transform the business, reports MyBroadband. ...

MultiChoice selects Newzroom Afrika news channel for DStv

Published 29 Aug 2018 11:24 CET | South Africa
MultiChoice has selected Newzroom Afrika to produce a new 24-hour news channel for DStv. Newzroom Afrika was created by Eclipse ...

Naspers reaps USD 2.2 billion from Flipkart stake sale

Published 22 Aug 2018 09:55 CET | World
Naspers says it has concluded the sale of its 11.2 percent stake in Indian e-commerce company Flipkart, realising USD 2.2-billion ...

MultiChoice's DStv Now available on new smart TV apps

Published 15 Aug 2018 13:13 CET | South Africa
South Africa's DStv Now announced new apps to receive the streaming video service on more devices. These apps make it possible to ...

Letgo secures USD 500 mln funding commitment from Naspers

Published 09 Aug 2018 10:36 CET | United States
The Letgo local second-hand marketplace app said that that Naspers has committed to invest USD 500 million of new capital into ...

Naspers appoints Ekdahl as CEO of new OTT video unit

Published 09 Aug 2018 09:32 CET | Africa
Naspers' video entertainment has announced the appointment of Niclas Ekdahl as CEO of the recently formed Connected Video unit. ...

MultiChoice renews call for Netflix to be regulated amid subscriber loss

Published 16 Jul 2018 11:19 CET | South Africa
MultiChoice South Africa has called for regulation Netflix as it fights to remain relevant amid tough competition from online ...

MultiChoice plans to launch 4K streaming

Published 12 Jul 2018 09:35 CET | South Africa
MultiChoice South Africa plans to launch 4K-quality streaming on its DStv Now service, the Naspers-owned pay-television ...

MultiChoice says DStv Now usage up 5x year on year in June

Published 11 Jul 2018 10:47 CET | Africa
MultiChoice says live sports streaming dominates the usage figures for DStv Now. The number of app users in June was five times ...

MultiChoice says Netflix has an unfair advantage over DStv

Published 27 Jun 2018 10:25 CET | South Africa
Multichoice South Africa CEO Calvo Mawela says that Netflix currently has an unfair advantage to capture the online market in ...

MultiChoice BEE shareholders to receive ZAR 1.3 bln in dividends

Published 31 Aug 2017 09:33 CET | South Africa
MultiChoice announced that its shareholders in its Phuthuma Nathi broad-based black economic empowerment vehicle Phuthuma Nathi ...





Calendar   /   Industry Events

28 Oct World Radiocommunication Conference
12 Nov Wi-Fi NOW International
13 Nov Sunrise Q3 2019
13 Nov Japan Display fiscal Q2
13 Nov Altice Europe Q3 2019
13 Nov TIP Summit
13 Nov Cable Congress
13 Nov 5G Expo North America
14 Nov Westell fiscal Q2
14 Nov Ice Group Q3 2019
14 Nov Cisco fiscal Q1
14 Nov Bouygues Telecom Q3 2019
14 Nov Nvidia Q3
14 Nov Weibo Q3 2019
14 Nov Bharti Airtel fiscal Q2
14 Nov TDC Q3 2019
14 Nov Vodafone Idea fiscal Q2
14 Nov Telechoice Q3 2019
18 Nov Bezeq Q3 2019
18 Nov CRU World Optical Fiber & Cable Conference
19 Nov Gilat Satellite Networks Q3 2019
19 Nov MTS Q3 2019
19 Nov Qualcomm analyst day
19 Nov Connections Europe
20 Nov Poly investors day
20 Nov Netgear analysts meeting
20 Nov Line developer day
20 Nov Sigfox Connect 2019
20 Nov NexTV Series Central Europe
::: More Calendar Items