DStv owner in deep trouble

Steve Hofmeyr DStv drama: From trashing decoder to a 'hacked' Facebook account
 

MultiChoice releases half-year results

MultiChoice results in a nutshell MultiChoice has released its half-year results for the period ended 30 September 2024, which indicate that revenue and trading profit for its South African operations have leveled off and recorded a slight increase. MultiChoice reported revenue of R16.8...
mybroadband.co.za mybroadband.co.za

Hmmm think the MYBB AI is glitched
 
They broke because of all their money went on advertising on mybb
 
Analysts do realise that this will cause the price to drop right?
For this reason, many analysts have advised shareholders to sell their MultiChoice shares and look for value elsewhere.

So basically a self fulfilling prophecy, sell all your shares before the price drops, price drops cause everyone sells shares. See look it dropped
 
Cannot wait for these monopolostic wallet-gouging ivory-tower f***s to go bankrupt. They're only slightly less hated than SARS at present.
 
MultiChoice loses 1,8 Million subscribers in one year, according to a news article.

Media group Multichoice has posted a staggering headline loss of R1.8 billion for six-month period ending 30 September 2024 – extending losses by almost 50% from the same period last year.

Group revenue was down 11% to R24.8 billion, with operating profit down 49% to R2.45 billion—and 1.8 million subscribers called it quits, 400,000 of which were in South Africa.

businesstech.co.za

South Africans are dumping DStv

DStv-owner Multichoice has reported a staggering loss for its interims – losing hundreds of thousands of subscribers in South Africa.
businesstech.co.za businesstech.co.za

 
They lost 1.8 million subscribers!?!
Have they been kidnapped....

Hugo, bel die polisie
 
Be positive, it could have been a 1.9 billion loss. But they lost 100 million less than that.

Bonuses all round.

Is this the 15th DSTV thread of the day?
 
South African realising "WiFi" is essentially and DSTV is not.
 
At an average of R500 that's R900m a month. At least they have some internet subscribers left...
 
Time for trying the break up of the main sports offering yet? :whistling:

Remember MC, some HAVE made that work... best example - New Zealand.
 
They should apologise to Steve Hofmeyr and ask him to stop the boicott
 
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