Super 5 Media, the troubled wannabe pay-TV operator formerly known as Telkom Media, has not been granted an extension to a deadline to launch commercial services by the Independent Communications Authority of SA (Icasa) and the matter will now be heard at a public
Browsing: Telkom Media
Competition played a role in Telkom’s decision to launch uncapped fixed-line broadband services on Friday. But the main reason it’s going uncapped is that it plans to launch video-on-demand (VOD) services within the next year. The move — Telkom is at
SA’s most important telecommunications operator has been abused for years. Telkom has been fraught with political infighting and plagued by shocking management decisions. Now, finally, indications are new CEO Nombulelo Moholi is
Wannabe pay-TV operator Super 5 Media has requested yet another extension from the Independent Communications Authority of SA (Icasa) to launch services commercially
Pay-TV operator Super 5 Media on Tuesday retrenched all of its remaining employees, more than 40 people in all, and is now facing the prospect of liquidation if it isn’t able to pay one of its biggest creditors by the end of the week. TechCentral, which last week broke the news of the problems at the company, has now learnt Super 5 Media is facing a claim of as much as R25m from Rothschild, an international investment advisory company.
Telkom sold its controlling stake in Telkom Media, now Super 5 Media, for just R68m, the JSE-listed telecommunications group’s 2010 annual report has revealed. This means Telkom lost a net R403m from the failed venture. It had loaned the business R471m, which it has now written off, according to the report.
Three years ago, when the Independent Communications Authority of SA (Icasa) licensed three new pay-TV players, most of us couldn’t wait to see something super. Four new companies were given a chance to bring new shows to SA’s TV screens. Most importantly, they were supposed to provide competition to the incumbent monopoly, MultiChoice.
Super 5 Media, once one of SA’s most promising new pay-TV operators, is coming apart at the seams. TechCentral can reveal exclusively that management has gone to ground amid signs the company, once regarded as the strongest potential competitor to incumbent MultiChoice and its DStv service, is collapsing.
Duncan McLeod and Simon Dingle brave traffic, flu and chat-room critics to discuss progress at Cell C, Telkom Mobile’s prospects, DStv On Demand, uncapped ADSL, TopTV, and much more
The newly elected SABC board would challenge the appointment of former Telkom Media chief content officer Solly Mokoetle as its…