What stage 6 load-shedding does to DStv

MultiChoice CFO Tim Jacobs has highlighted a direct link between increased load-shedding in South Africa and a decrease in active DStv subscribers.

Despite this challenge, he also noted positive signs for the pay-TV operator, as the company is exploring various opportunities for growth within Africa.

MultiChoice is diversifying its services, including video and interactive entertainment, fintech services, and home services. It has expanded into sports betting and provides fintech products such as Moment, developed with Rapyd and General Catalyst, and DStv Insurance.

The company also offers home services like DStv Internet for connectivity and Namola for on-demand emergency services. Even though these new offerings show promising growth, most of MultiChoice’s earnings still come from its DStv services.

Interestingly, despite a drop in active DStv subscribers during escalated load-shedding, there is still growth in 90-day subscribers, suggesting that consumers value the platform and its offerings.

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