You will be redirected back to your article in seconds

Telkom buys 49% of One Africa

S. African Media co. seeks regional expansion

JOHANNESBURG — South Africa’s Telkom Media has bought a 49% stake in Namibia’s leading commercial broadcaster, One Africa Television.

Telkom Media CEO Mandla Ngcobo says the deal is the first step in Telkom’s strategy to expand beyond South Africa and capture audiences across the continent.

Telcom, which was granted one of South Africa’s four new pay TV licenses, plans to launch its satellite service in the second half of 2008. One Africa TV, which consists of news, live soccer, talkshows, soaps and movies, will be carried as an additional channel on its proposed bouquet of 15 channels.

Expected to be the biggest competitor to monopoly pay TV company MultiChoice, Telkom, has added a key former South African Broadcasting Corp. member to its team: Solly Mokoetle, who has been chief operating officer at the SABC for seven years, was named chief content officer.

More Scene

  • GLSEN Respect Awards

    Gay Actors Talk Sexual Harassment at GLSEN Awards: 'It Definitely Happens'

    JOHANNESBURG — South Africa’s Telkom Media has bought a 49% stake in Namibia’s leading commercial broadcaster, One Africa Television. Telkom Media CEO Mandla Ngcobo says the deal is the first step in Telkom’s strategy to expand beyond South Africa and capture audiences across the continent. Telcom, which was granted one of South Africa’s four new […]

  • Made By Google

    Rashida Jones, Jaden Smith and More Stars Party at Made by Google Opening Night

    JOHANNESBURG — South Africa’s Telkom Media has bought a 49% stake in Namibia’s leading commercial broadcaster, One Africa Television. Telkom Media CEO Mandla Ngcobo says the deal is the first step in Telkom’s strategy to expand beyond South Africa and capture audiences across the continent. Telcom, which was granted one of South Africa’s four new […]

  • 'Boo 2! A Madea Halloween' film

    Tyler Perry Hopes 'Boo 2!' Can Help Bring Laughter to Nation's 'Darkness'

    JOHANNESBURG — South Africa’s Telkom Media has bought a 49% stake in Namibia’s leading commercial broadcaster, One Africa Television. Telkom Media CEO Mandla Ngcobo says the deal is the first step in Telkom’s strategy to expand beyond South Africa and capture audiences across the continent. Telcom, which was granted one of South Africa’s four new […]

  • 'Geostorm' film premiere

    'Geostorm' Director Hopes Harvey Weinstein Scandal Signals 'Sea Change' for Hollywood

    JOHANNESBURG — South Africa’s Telkom Media has bought a 49% stake in Namibia’s leading commercial broadcaster, One Africa Television. Telkom Media CEO Mandla Ngcobo says the deal is the first step in Telkom’s strategy to expand beyond South Africa and capture audiences across the continent. Telcom, which was granted one of South Africa’s four new […]

More From Our Brands

Access exclusive content