Zimbabwe: Econet Acquires Broadcasting License
Econet Media owns Kwese TV, a pay-TV platform that directly competes with MultiChoice in Zimbabwe.
The telecommunications group and the government saw each other in Zimbabwean courts over licencing for Kwese TV, and at a particular point during the fight, the service was taken off the air. The government's argument states that Econet could not broadcast because it has not been duly licensed. The company, on the other hand, said it was making use of a licence held by local satellite television company Dr Dish. Econet had a relationship with Dr Dish which was subsequently terminated.
Following the termination of the engagement, Econet began to apply for broadcasting licences from the Broadcasting Authority of Zimbabwe.
On Thursday, the diversified telecommunications group with operations and investments in different parts of Africa said it had acquired all the licences for broadcasting services in Zimbabwe.
The statement it released said: "Take notice that the Broadcasting Authority of Zimbabwe has granted Econet Media a Broadcasting Service Licence in fulfilment of Section 10 of the Broadcasting Services Act."
It further stated that the licences it had secured were for the broadcasting of "Video on Demand (VoD) services, Webcasting and Content Distribution" within the country.