Economic woes: 288,000 subscribers dump DStv
lMore Nigerians shun subscription renewals Kunle Azeez
D
Stv is currently grappling with falling pay-tv subscrip-
tion numbers in Nigeria and other countries in the sub-Saharan Africa, with over 288,000 subscribers dumping the satellite tele-
vision platform in the last one year, New Telegraph has learnt. It was gathered that the subscribers’ decision
stemmed from the annual service hike, which has made service unaffordable to many, coupled with the lowering purchasing pow-
er of African majority. However, Naspers, the parent company of Multichoice, owners of DStv, has attributed the poor subscriber number to substantial price increases in
order to offset the impact of currency declines and weaker consumer sentiment in the region. The company has vowed to minimise further CONTINUED ON PAGE 12
Sanctity Of Truth
NIGERIA’S MOST AUTHORITATIVE NEWSPAPER IN POLITICS AND BUSINESS
Tuesday, June 28, 2016
N20m admission proceeds' scam rocks JAMB }5
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Vol. 3 No. 860
Campaign funds: EFCC arrests Fayose's associate }44
$4m fraud: UK court jails Nigerian pastor }8
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Militants attack deputy gov's convoy }40
N150
Forgery: I’m ready to go to jail –Saraki Ojerinde
Fayose
Samuel
Onanuga
...says cabal has taken over Buhari's government lPresidency: Your claim is ridiculous, preposterous lEkweremadu, others escape detention, perfect bail
}10 &12
L-R: Chairman, Forte Oil, Mr. Femi Otedola; Executive Vice-Chairman, Famfa Oil Limited, Mrs. Folorunso Alakija; President Muhammadu Buhari; Chairman, Heirs Holdings, Mr. Tony Elumelu; President, Dangote Group, Alhaji Aliko Dangote; Chairman, Zenith Bank, Mr. Jim Ovia; a businessman and CEO, Oando Plc., Mr. Wale Tinubu, when the president hosted the business community in Abuja... yesterday. PHOTO: Timothy Ikuomenisan
Court sacks Abia gov over tax evasion
…orders INEC to return Ogah lIkpeazu: I’ll appeal judgement
Consumption of sport drinks increases health risk in children –Study }39
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