- MultiChoice continues to build scale with 20.1 million active subscribers, putting it in the league of the major global broadcasters.
- 9% growing free cash flow yield and a 4.5% dividend yield implies significant scope for further dividend payments.
- Numerous catalysts, including reduction in Rest of Africa losses as scale grows, and a recent stake taken by Groupe Canal+.
- Good set of interim results just reported, confirmed investment case remains intact.
For further details see:
MultiChoice: Pick Up Africa's Largest Pay-TV Operator On A Sustainable 9% Free Cash Flow Yield