South African-based pay-TV operator MultiChoice Group’s full-year 2022 results showed Nigeria leads the Rest of Africa (RoA) in the percentage of subscription revenue and YoY subscription growth.
The result revealed that Nigeria ranked first with YoY subscription growth of 11% and 43% of total subscription revenue in full-year 2022 compared with Kenya, Zambia and Angola.
The company said it generated a subscription revenue of ZAR 7.1 billion ($475.5 million) from Nigeria alone representing a 5% increase year on year. It reported subscription revenues of ZAR6.8 billion in the same period last year.
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News Archive from before July 2018