MultiChoice’s top five opportunities

MultiChoice is actively pursuing five opportunities, including enhancing its DStv Internet fixed-wireless LTE offering.

MultiChoice has a history of innovation and exploring opportunities that align with its strategic priorities.

The company has grown organically through its digital DTH satellite launch in 1995, its DTT launch in 2010 and its SVOD launch in 2015.

Having joined forces with Comcast in 2023, MultiChoice is developing its SVOD service to become the leading streaming platform in Africa.

It has also entered the interactive entertainment and sports betting sector through our investment in and partnership with KingMakers.

It is playing in the fintech space through its Moment joint venture with Rapyd, General Catalyst and others.

It further has a strong position in the insurance market through its partnership with Sanlam and Santam as the new majority co-shareholders in NMSIS.

To enable the group to focus on its priority opportunities, MultiChoice has taken steps to rationalise its portfolio.

It includes exiting its minor stake in fintech firm Stitch while supporting the Moment Seed+ funding round.

The company further closed the DStv Internet fibre offering in favour of enhancing the DStv Internet fixed-wireless LTE offering.

In its latest annual report, MultiChoice has provided its top five opportunities it is pursuing to achieve growth for the company.

• A large and growing addressable Pay-TV market – With an installed base of 14.5million subscribers, its aims to drive subscriber growth in its traditional Pay-TV business as it targets an addressable market of 57 million households in sub-Saharan Africa in 2025, growing to 64 million by 2030.

• An opportunity to reposition the group for long-term sustainability – In the context of a shifting video entertainment landscape, MultiChoice is focused on resetting and rebasing its operations.

• A rapidly developing linear and VOD OTT streaming market – MultiChoice sees an opportunity to drive meaningful growth in OTT services as technological developments lower the cost of access to connectivity and connected devices.

• A high-growth interactive entertainment and sports betting market – MultiChoice sees significant scope to grow in this space, both in terms of geographic footprint and in terms of service offering.

• A massive potential fintech market, including payments and insurance – As the continent becomes more connected, consumers and businesses will expand their online activities and require a set of comprehensive solutions to support financial transactions and interactions.

MultiChoice’s shareholding in Kingmakers, Moment, and related companies positions it well to take advantage of these opportunities.