Investment In Brief:
- Lagos-based infrastructure provider Netcom Africa has extended its relationship with satellite operator SES by contracting additional capacity from SES World Skies to expand its services in Nigeria and western Africa.Netcom will use the Ku-band capacity on Astra 2B and NSS-10 to offer broadcast TV services.
- The international division of French pay-TV operator Canal Plus has acquired a raft of Multichoice’s African subscriber base. Canal Overseas has bought the central African French-speaking customer base of Naspers-backed pay-TV operator Multichoice. Specifically, the acquired subs are in Burundi, Rwanda and the Democratic Republic of Congo. Canal Overseas has also picked up the French-speaking TV rights to the English Premier League soccer division for sub-Saharan Africa. No financial details were released for either deal. The move follows a period when MultiChoice broke an informal agreement with Canal Plus to distribute its service only in anglophone territories in Africa by launching a bouquet of channels in French. This was followed by a threat by Canal Plus to enter English-speaking markets, possibly through the acquisition of the failed low-cost pay-TV service GTV.