MTN decommissions its video on demand service
Following a review of its digital strategy, MTN SA has taken a decision to decommission its video on demand service known as MTN VU. The service will be discontinued effective 03 May 2017.
In line with the ongoing review of its operations, MTN is also reviewing its streaming and content strategy as the costs associated with offering these services have become prohibitive.
"As a gesture of goodwill, we will pay three months of ShowMax subscriptions at no extra cost to affected customers. The decision to discontinue VU does not signal a departure from this space, we are still committed to becoming a significant player in this field. To this end, we will announce new services to the market at an appropriate time," says Maxwell Nonge, Chief Digital Officer: MTN South Africa.
Launched in 1994, the MTN Group is a multinational telecommunications group, operating in 21 countries in Africa, Asia and the Middle East. The MTN Group is listed on the JSE Securities Exchange in South Africa under the share code: "MTN".
As at the end of 30 June 2010, MTN recorded 129.2 million subscribers across its operations in Afghanistan, Benin, Botswana, Cameroon, Cote d'Ivoire, Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran, Liberia, Nigeria, Republic of Congo (Congo Brazzaville), Rwanda, South Africa, Sudan, Swaziland, Syria, Uganda, Yemen and Zambia. The MTN Group is a global sponsor of the 2010 FIFA World Cup South Africa and has exclusive mobile content rights for Africa and the Middle East. Visit http://www.mtn.com and http://www.mtnfootball.com.