Naspers turns down Vivendi's bid for MultiChoice Africa – report

Thursday 22 March 2018 | 10:23 CET | News
Media and internet group Naspers rejected an offer made by Vivendi to acquire part of African pay-TV service provider MultiChoice (excluding the South African operations), based on information gathered by BFM Business. Naspers reportedly received several bids, including one from Vivendi amounting to nearly USD 1 billion. Put on the table a few months ago, Vivendi's offer was turned down and it is now unclear whether Naspers is still interested in finding a potential buyer for the subsidiary. 

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 / Naspers / Vivendi
Countries: 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.


Canal+ raises stake in MultiChoice to 12%

Published 29 Oct 2020 11:01 CET | Africa
MultiChoice has disclosed that French pay-television giant Groupe Canal+ has continued buying its shares and now holds12 percent ...

MultiChoice Nigeria mulls pay-as-you-watch option

Published 03 May 2018 11:30 CET | Nigeria
Multichoice Nigeria said it may consider the so-called Pay-As-You-Consume option in the future, if its business model and ...

Vivendi's underlying revenues rise 6.8% in Q4

Published 16 Feb 2018 10:44 CET | World
Vivendi has reported group revenues of EUR 3.82 billion for the last three months of 2017, representing an organic growth rate of ...

MultiChoice seeks bids to provide 24-hour news channel for DStv

Published 12 Feb 2018 11:03 CET | South Africa
MultiChoice is inviting bidders for a new 24-hour news channel on DStv, asking interested parties to register their intention to ...

Sub-Saharan Africa to add 17.4 million pay-TV subscribers by 2023

Published 08 Jan 2018 11:30 CET | Africa
The number of pay-TV subscribers in Sub-Saharan Africa will increase by 74 percent between 2017 and 2023 to reach 40.89 million, ...

Vivendi subsidiary starts offering Canal Box fibre service in Gabon

Published 27 Oct 2017 09:27 CET | Gabon
Vivendi's subsidiary GVA (Group Vivendi Africa) has officially unveiled its Canal Box broadband service, which the company ...