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South Africa: DStv Made USD 3.2 Billion In Revenue During 2016 - 2017

Multichoice - Africa's digital TV behemoth - has announced a relatively 'modest' set of financial result for the year ended 31 March 2017. According to results, DStv South Africa generated a total of USD 3.2 Billion in gross pre-tax revenue during the year. It reported an operating profit of USD 777 Million.

A source from Multichoice South Africa stated that although the company could be reasonably satisfied with the result, the figures could have been a lot better but for the tough trading conditions in the South African market.

Also, Multichoice South Africa claimed that in the past year, it had added more than 600,000 subscribers to its platform, and now currently have +6million households across its platform in South Africa.


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