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MTN Group could be acquiring MultiChoice Africa soon

MultiChoice Africa is reportedly in talks with the MTN Group over its possible acquisition. With a presence in 49 African countries, MultiChoice is the company behind popular video entertainment and internet brands like DStv, GOtv, Africa Magic and MWEB, South Africa’s second largest internet provider. It is not immediately clear why MTN would be interested in acquiring MultiChoice, given that the former has almost 50 times the subscriber base of the later. MultiChoice has a meagre subscriber base of only about five million while MTN has over 230 million subscribers (35% of which originate from Nigeria). However, MTN’s reach extends to only 20 African countries so this might present an opportunity to spread its tentacles quickly. Beyond the potential wider reach for MTN however, there is also the more obvious content play opportunity. Just a few weeks earlier, MultiChoice was reportedly working out a possible partnership  with MTN towards p...