World Cup helps MultiChoice score big outside SA
More than half of its subscribers are now outside of its home market, where it grew revenues 13%
MultiChoice’s rest-of-Africa business – the group’s main lever for driving future growth – seems to be on the right path.
Trading losses from those operations were reduced by about a fifth to R3.7bn in MultiChoice’s year to end-March. At that rate, it will still take some years before the group’s non-SA business reaches break even, but the trend is in the right direction.
For the first time, more than half of MultiChoice’s subscribers are now outside of its home market. Of its customer base of 15.1 million households, 7.7 million subscribers are outside SA...