The much awaited foreign direct investments (FDIs) that will follow Nigeria’s successful activation of Digital Switch Over (DSO) have started making inroad to the economy.
In Abuja, on Tuesday, new investor, Telecom Satellite TV (TSTV) has partnered with a Europe-based television station, ABS Global, to launch into the Nigerian Broadcasting Service a Direct-to-Home (DTH) satellite TV.
Expectedly, the scheme would cover all sub-Saharan African countries and would provide over 100 TV channels to their audience.
Managing Director of TSTV, Bright Echefu during the signing of the multi-transponder agreement with their ABS partner said their services would offer viewers the experience of HD and SD video, internet services, broadband, TV and radio at a very affordable rate.
According to him, TSTV would be distributed on ABS-3A satellite located at the prime video neighborhood of 3°W and the antenna would be straight to the sky such that there would be no interference.
“What makes the project unique is that it would start with 100 channels of local, regional and international in Yoruba, Igbo Hausa, Ghanaian, Sierra Leonean, Liberian Languages among others. It would also provide news, entertainment, and education content.
In his remarks, Managing Director Africa, ABS Global, Flavien Bachabi noted that ABS global was providing the space capacity and technical support that would make the TV work adding that the addition of the Nigeria DTH platform from TSTV would undoubtedly strengthen ABS presence in ABS Africa.
The company hinted that it will take promotion of Nollywood to great height considering the love and passion Nigerians and the entire Africa have on the industry products.
Besides, fresh details from the National Broadcasting Commission (NBC) on Tuesday showed that logistics are nearing completion for the rollout of DSO in more six states including Gombe, Kwara and four other states. Another six states are expected to come on stream by year end.
The commission’s DG, Mallam Is’haq Modibbo Kawu had during a press conference in Lagos last month said the agency has decided to begin regional rollout which will systematically cover the nation as soon as possible.