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“MultiChoice is now a full subsidiary of a truly international media group operating in 70 countries. The group was founded in France, is listed in London and Johannesburg, and has a strong African presence with operations in more than 45 countries,” Mignot said.
MultiChoice has formally become a full subsidiary of Canal+, marking a new phase in the evolution of one of Africa’s leading pay television operators.
In a statement issued on Thursday, David Mignot, Chief Executive Officer of Canal+ Africa and MultiChoice, said the integration positions MultiChoice within a global media organisation with an extensive international footprint.
“MultiChoice is now a full subsidiary of a truly international media group operating in 70 countries. The group was founded in France, is listed in London and Johannesburg, and has a strong African presence with operations in more than 45 countries,” Mignot said.
The statement underscores the scale of the combined business, highlighting Canal+’s global reach alongside its significant investments across Africa.
The completion of the transaction is expected to strengthen MultiChoice’s…
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Read Full Article by Kazeem Ugbodaga at pmnewsnigeria.com
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