African pay TV outfit Kwesé goes into administration

African pay TV operator Econet Media, which operates under the Kwesé brand, has put its satellite broadcasting business into administration. CEO Joseph Hundah (pictured) said yesterday that the group is in talks with creditors to rescue its business. Econet abandoned its attempt to challenge MultiChoice’s DStv in the pay TV market across 12 African countries […]

Kwesé acquires ‘significant stake’ in Iflix SVOD service

Econoet Media-owned pay TV provider Kwesé has acquired a “significant stake” in Iflix Africa. The deal deepens the two companies’ existing partnership, with Kwesé and Iflix first partnering in August to launch a version of the latter’s emerging markets SVOD service in sub-Saharan Africa. Iflix now has operations in Nigeria, Kenya, Ghana and South Africa, […]

ESPN returns to Africa, ‘readies US cost cuts’

ESPN has relaunched in Africa, inking a carriage deal with new regional pay TV player Kwesé, with the news coming as US reports suggest the Disney-owned sports broadcaster will slash jobs in its domestic US market. In Africa, ESPN will now exclusively be on Econet Media’s Kwesé. It will have a mix of live sport, […]

MTG offloads loss-making African TV operations

Sweden-based media group MTG has completed the sale of its loss-making free TV channels and production business in Ghana and Nigeria, with a further deal in Tanzania expected to close soon. Econet Media – the regional telco, pay TV operator and owner of the Kwesé Sports service – is buying the African operations for an undisclosed […]