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MENA SVOD revenues to triple

2019-01-28 08:00:06| Digital TV News

MENA SVOD revenues will reach $2.13 billion by 2024; or $1.51 billion more than the 2018 total. SVOD revenues will more than triple between 2018 and 2024, according to Digital TV Research.

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beIN dispute hits MENA pay TV subscribers

2019-01-21 08:30:15| Digital TV News

According to Digital TV Research, pay TV revenues for 20 MENA countries fell by 11% between 2016 and 2018 to just under $3 billion. Given the hangover from the beIN ban and falling ARPUs, revenues in 2024 will still be lower than in 2016.

Tags: pay hits subscribers dispute

MENA SVOD players toil to compete with Netflix

2018-07-05 04:00:08| Digital TV News

According to Digital TV Research, the MENA region will have 20.80 million movie and TV series SVOD subscribers by 2023, up from the 5.22 million recorded at end-2017. Turkey will remain the leader by some distance, with a third of the region's total.

Tags: players compete mena netflix

Telecom Egypt approves acquisition of MENA Cable from Orascom TMT, long-term credit facilities

2018-05-10 11:32:00| Telecompaper Headlines

(Telecompaper) Telecom Egypt said that its board has approved two strategic decisions to increase its return on investment, and provide the liquidity to facilitate the implementation of its business plan. The board approved the acquisition of Middle East and North Africa Submarine Cable (MENA Cable) by 50 percent-owned subsidiary Egyptian International Submarine Cables Company, with a total enterprise value of USD 90 million to be financed through a shareholder loan from Telecom Egypt. MENA Cable is a subsidiary of Orascom Telecom Media and Technology Holding.

Tags: credit facilities cable egypt