Wednesday, January 9, 2013

Startimes to invest N15billion in Nigeria's PayTV market

startimes to expand its services in Nigeria

StarTimes, a digital pay television partnership between Nigeria Television Authority and Chinese Company has unveiled plans to invest more than N15billion naira in its 2013 expansion drive.

The company intends to generate additional 3,000 direct jobs and 5,000 indirects jobs thorugh this new expansion that will cover additional cities in 15states before the end of the year having already established presence in 16 states across the country. Some of the cities mentioned include; Edo Central, Auchi (Edo North) in Edo State and Agbor and Sapele in Delta State.

The chief operation officer, Joshua Wang made the announcement in Abuja on Tuesday while unveiling the company's new products and services including the Startimes DVB-T2 decoder, which will enable subscribers to have access to over 70 channels.
starttime decoder DVB-T2
DVB-T2 decoder

"With the new investment plan, it is expected that the volume of investment would have hit N30bn before the end of the year, having already invested over 15 billion naira within two years of operation in Nigeria," he added.
The Pay TV company also hinted that it is in talks with the Broadcasting Organisation of Nigeria (BON) to secure the right to show the forthcoming African Cup of Nations tournament.


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