TARIFF HIKE IMPACT: MultiChoice Records $38m, Sharp Subscribers Drop Ahead of CanalPlus Acquisition
South Africa’s TV MultiChoice posted a pretax loss of $38 million for the year ending in March, the company said Wednesday citing weak local currencies and a drop in subscribers. The company is the subject of a takeover bid by France’s Canal+, which already holds more than 35 percent of MultiChoice’s shares. “Volatile and weaker […]
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