MTN in talks to buy MultiChoice Africa, says report

Multichoice City, Johannesburg, South Africa

MTN is in talks on a potential acquisition of pay-TV provider MultiChoice Africa, MyBroadband reports citing industry sources.

MTN has been looking to diversify its revenue streams by adding digital and entertainment services and recently appointed its former head of strategy, Stephen van Coller, as the new head of digital.

MultiChoice Africa provides video entertainment for subscribers in 49 African countries and Indian Ocean islands, including the services DStv, Box Office, Catch Up, DStv Now and AMGO. It counts almost five million customers.

Read more: MTN in talks to buy MultiChoice Africa – report – Telecompaper