-->

Wednesday, June 12, 2024

Important Notice: StarSat SA To Implement Price Increase From July 1st Amidst Reports Of A Possible Closure Of The Platform

StarSat, a Chinese based operator which is formed as part of a joint venture with On Digital Media and StarTimes was rumoured to be closing by September 18th. Serving as one of the only pay-tv rivals to MultiChoice's DStv was launched in the market 14 years ago.

In an update, On Digital Media's CEO Debbie Wu is currently looking to explore all the regulatory and legal issues with their licensing. They don't intend to close their doors and should that be the case they will accept all obligations and inform the necessary parties.

Amidst these reports, StarSat will be implementing a price increase from 1st July after MultiChoice made the adjustments to the price rates for their platforms in April. With the new prices listed as follows:

* Special will go up from R130p/m to R140pm
* Super will go up from R250p/m to R280p/m
* Max will go up from R360p/m to R400p/m

For a company whose future is quo, this seems like a risky move on their part. Considering there's still uncertainty pertaining to the future in the market and also stemming from the rise in competition with the likes of Netflix and Showmax. 

MultiChoice continues to lose more DStv customers on the mid to higher end particularly Premium to Compact while their low masses ranging from Family to Easyview experience weak growth. Of course, this isn't a scenario that is carried in other parts of Africa.

Related Posts

No comments:

Post a Comment

Close
image