MultiChoice has lost 1.2 million DStv subscribers in the past year, with 589,000 lost in South Africa and 591,000 across its other Africa markets.
The company blames “significant financial disruption for economies, corporates and consumers across sub-Saharan Africa”.
It adds that combined with the impact of structural industry changes in video entertainment such as the rise of piracy, streaming services and social media, this has materially affected the overall performance of the MultiChoice Group.”
Subscriber activity was also hit by power shortages in Zambia, Zimbabwe, and Malawi, ongoing fuel and electricity issues in Nigeria, and civil unrest in Mozambique.
The company has 14.5 million subscribers: 7 million in SA and 7.5 million in its Rest of Africa segment.
NewZWire
Buying a car in South Africa and bringing it into Zimbabwe through Beitbridge has become… Read More
For years, our platform has been your trusted destination for breaking football news, match updates,… Read More
Across Africa, vehicle buyers and importers are discovering a new way to connect — through… Read More
Cars for sale in Lesotho are now easily available to consumers with different budgets. Moreover,… Read More
The Zimbabwe Republic Police (ZRP) confirms a fatal road traffic accident which occurred on 23/10/25… Read More
Zimbabwe's state security agency, Central Intelligence Organisation (CIO) has burst an intricate WhatsApp-based scam through… Read More