Data provided by McGregor BFA
All data is delayed
See More

Multichoice and to go mobile

Sep 10 2010 11:55 Cecile Nel

Company Data


Last traded 1086.10
Change -13.9
% Change -0.01
Cumulative volume 161419
Market cap 452.70bn

Last Updated: 25/04/2014 at 10:48. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Vodacom launches mobile TV

Former Icasa chair joins Vunani

Icasa gives nod to rate cuts

Vodacom snubs Icasa, lowers fees

No fines for poor cell networks

Icasa keeps close eye on MTN

Johannesburg – The Independent Communications Authority of South Africa announced on Friday it has awarded Multichoice and licences to provide mobile television services.

Naspers [JSE:NPN] pay-TV subsidiary Multichoice will have access to 60% of the multiplex (or signal package) designated for mobile TV, and 40%.

According to the licence regulations, the service providers have to use all the available capacity assigned to them within 12 months after the licence has been awarded. It is anticipated that the two groups will officially receive their licences next week.

On April 16, the authority published its first invitation to apply (ITA) for a part of this signal package. Icasa received applications from Multichoice, Mobile TV Consortium, Super5Media and

Icasa chairperson Stephen Mncube said the first three applications were disqualified for failing to comply with the preliminary requirements, and was therefore further evaluated.

On May 28, the authority published another ITA for the rest of the signal package. It received two applications by the closing date from Super5Media and Multichoice, but according to Mncube Super5Media later withdrew.  

Icasa is required to conduct an auction for the successful bidders, but as there was no competition for the two licences it was unable to do so.

In 2005, MultiChoice began a mobile TV trial service under a test licence from Icasa. DStv Mobile is free at this stage and offers channels like CNN, SuperSport and Cartoon Network.

 - and Multichoice are part of the Naspers group of companies.



Read Fin24’s Comments Policy publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Add your comment
Comment 0 characters remaining

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.

The ANC's election claims examined - Report

In the run-up to the 7 May election, the ANC says it has a “good story to tell” about its performance over that period. This is the first of two reports evaluating key claims.


Latest elections multimedia

Watch what happened when we blindfolded Helen Zille and asked her to eat random things
13 days to elections - news you need to know
11 Julius Malema quotes you'll never forget
DA won't get 30% - Zille

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...