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Home Business News
Again, TSTv postpones start date

Bright Echefu, CEO of TSTv

Again, TSTv postpones start date

Onome Ohwovoriole by Onome Ohwovoriole
6 years ago
in Business News, Company News
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Nigeria’s latest satellite TV operator, TSTv in a statement released today has announced it will commence full operations by November next month. TSTv had earlier been scheduled to commence operations on the 1st of October.

Reasons behind the delay

Managing Director of the company, Dr. Brighe Echefu while briefing newsmen, attributed the delay to the ongoing screening of the firm’s distributors.This was to avoid any possible form of sabotage.

We had applications from over 3,000 individuals who want to be our dealers, so far we have cleared about 750 of the dealers. We are currently conducting due diligence checks on our dealers. We do not want a situation where individuals posing as dealers buy up our decoders and go dump them somewhere.

TSTv will also distribute 5000 decoders to members of the public in order to carry out test transmission. The satellite tv operator has been dogged by various controversies since it announced commencement of operations. First was an alleged letter accusing the firm of copyright infringement, which it has since denied. Various operators in the broadcast sector have also kicked against the firm receiving a 3 year tax holiday.

TSTV is a Direct-To-Home (DTH) broadcast service that came to be as a result of a multi-transponder agreement between ABS and Telcom Satellites TV to deliver DTH to Nigeria on the ABS 3A satellite. The service is set to air more than 100 TV channels a first and grow to above 150 with time


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Tags: Bright EchefuNews ReviewTSTV
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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