Metrodigital Forces DSTV To Share Stations With Other Operators
METRODIGITAL Limited, a pay television company, has lauded the federal government for ending the monopoly of cable television rights by major pay television companies in Nigeria.
The company’s Managing Director, Ifeanyi Nwafor, gave the commendation at a news conference in Port Harcourt on Friday.
Mr Nwafor said federal the government’s decision to outlaw the monopoly of television rights would promote competition, reduce the prices of subscriptions and create jobs for thousands of people in the country.
“So, we are delighted, considering that in the past the market of broadcasting was foreclosed, as premium contents were bought on exclusivity basis.
“The exclusivity made bouquets without premium contents unattractive as well as difficult for local cable television stations to compete in the local market.
“News channels such as CNN, premium sporting events like the English Premier League, Champions League and others were acquired exclusively to the exclusion of other operators in the industry,” he said.
Mr Nwafor said the monopoly of the industry led to the closure of television companies such as Daar Sat, Trend TV, Consat, FSTV, among others, as they could not cope with unhealthy business practices in the industry.
He said the United States with a population of 350 million people had over 400 pay television companies, whereas Nigeria with 200 million citizens had only one or two.
According to him, the practice has made Nigeria the highest subscription paying country for pay television in the world, as local operators who lack the muscle are stifled to death.