MultiChoice no longer technically insolvent

[Daniel Puchert]

MultiChoice no longer technically insolvent

MultiChoice is no longer technically insolvent after its liabilities reduced so they no longer exceed its assets.

South Africa’s pay-TV giant became technically insolvent last year, but MultiChoice Group CEO Calvo Mawela said at the time that they were not concerned about it, as they remained in a strong cash position.

 

[now05ster]

Well done, guys.

 

[Michae64]

Rather go to BusinessTech and read the unbiased version of how Monochoice is actually in trouble instead of another sponsored "DSTV is awesome" article

 

[Gudnews]

I wonder how much they saved by throttling video resolution on mobile devices?

 

[rh1]

Frikkie saved the day, by catching the waka pirates, he made sure dstv went from insolvent to solvent.