The Competition Commission said on Monday that the controversial channel-supply agreement between MultiChoice and the SABC, signed in 2013, amounted to a merger.
Naspers has announced a management shake-up at MultiChoice, with the creation of a new MultiChoice Group business (formerly Naspers Video Entertainment), which will be headed by Calvo Mawela.
Communications minister Nomvula Mokonyane has welcomed the decision by the constitutional court, which grants the Competition Commission jurisdiction to investigate the deal signed between the SABC and MultiChoice.
Discarded by its globe-trotting parent Naspers after more than three decades, African pay-television heavyweight MultiChoice Group is facing an uncertain future.
Naspers CEO Bob van Dijk, together with Naspers video entertainment CEO Imtiaz Patel and MultiChoice South Africa CEO Calvo Mawela, held a media call on Tuesday morning to discuss the plan to unbundle MultiChoice. Listen to it here.
Naspers has announced it plans to list its video entertainment business on the JSE while at the same time unbundling the unit to shareholders.