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S.Africa's MultiChoice posts loss on drop in subscribers

Published by Guardian on Wed, 12 Jun 2024


South Africa's TV giant MultiChoice posted a pretax loss of 706 million rand ($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 []The post S.Africa's MultiChoice posts loss on drop in subscribers appeared first on The Guardian Nigeria News - Nigeria and World News.
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