MultiChoice gets creamed in South Africa, but posts higher profits thanks to ads

Jan

Jan

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South Africans dump DStv Premium — even after sport returned

DStv lost over 100,000 subscribers in its premium and mid-market segments, and made up the ground with its cheaper mass-market packages.

MultiChoice published its interim financial results for six months between 1 April and 30 September 2021, stating that a “challenging consumer climate” had a negative impact on its South African business.
 
Monthly average revenue per user (ARPU) declined 2% from R278 to R273.

This is the stat I always got to.
 
I wonder what’s their future plans?
 
LiPO said:
I wonder what’s their future plans?
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When I was growing up, I was told I’d never even imagine seeing a million rands. But now that I’m older it seems everyone is playing in the billions. We are doing badly, we only made R17 billion
 
DStv lost over 100,000 subscribers in its premium and mid-market segments, and made up the ground with its cheaper mass-market packages.
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Haven't we said for the longest time that Multichoice will make even more money if they lower their prices?

Well..

khamy.jpg
 
Honestly, who cares. They're not changing their business model at all. The Kodak of South Africa.
 
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