Tag: CALVO MAWELA

MultiChoice Pursues $3 Billion Merger with Canal+ to Compete with U.S. Giants

Nov 14, 2024

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by

Isaac Johnson

in business

MultiChoice is pursuing a $3 billion merger with Canal+, aiming to strengthen its competitive stance against U.S. streaming giants like Netflix and Amazon. This merger could unite nearly 50 million subscribers and enhance content offerings across Africa. CEO Calvo Mawela asserts that this partnership is crucial for leveraging scale and negotiating power in a growing…