We have 2m subscribers in Nigeria - StarTimes
The StarTimes Group yesterday announced that it has two million subscribers in Nigeria out of the total four million in the whole of Africa, making Nigeria the biggest market for the group in the continent.
The group also disclosed that it has offices in 23 African countries and operating licenses from 11 of those countries with 4000 employees out which 95 percent are Africans.
Nigeria is also said to be the biggest country where their project developed and third Africa country they will have investment in after South Africa and Guinea.
The Vice President, StarTimes Group, Gou Ziqi, made the disclosure yesterday at the headquarters of the company in Beijing, China, during a meeting with a group of journalists from Africa.
“Our investment in Africa for 2013 is $400m with Nigeria taking half of it. Nigeria also accounted for two million subscribers out of the four million we have across Africa,” Ziqi said.
She added that the company is planning to cover all African cities by the end of 2015 by providing an affordable digital television service to every home in the continent.
“We had total contract value that our investment in Africa will exceed $1,700m between 2012 and 2013 but we got $400m. We are now hoping and targeting $1.2bn investment in the continent by the end of 2015,” she said.
Disengaged workers of defunct Rivers State Oil Palm Plantation ( RISONPALM ) Ltd, protesting over the non-payment of their outstanding pension and gratuity in Port Harcourt yesterday. NAN