MTN to acquire DSTV and GOTV

MTN to acquire DSTV and GOTV
MTN group of companies and MultiChoice Africa have been reportedly to be in talk over the aquisition of the entertainment company by the telecommunication giant.

The parent company of MultiChoice Africa, Naspers Limited, is the franchise owner of DStv and GOtv, which is also a South African company.
According to Bloomberg, the deal between MTN and MultiChoice will not affect the South African Division of DSTV and GOTV, even though the acquisition plan is yet to be made public.

Bloomber said: “A sale is one of a number of options being considered by Africa’s biggest company by market value, and a final decision hasn’t been reached. Naspers and MTN Group have briefly discussed a deal for MultiChoice Africa, but no agreement was reached.”

Meanwhile, on Thursday, the two South African companies confirmed that talk is ongoing concerning the Video-On-Demand services, sharing TV contents on smartphones.
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