Monday, 9 October 2017

TSTV Africa: Meet The New Pay TV Young Nigerian Owner And Partners

So by now it is assumed that everyone already knows about the latest Pay TV platform in town, Telcom Satellites TV (TSTV).

If you don’t, then its high time, you did.

Having done that, we also need to know about ABS. ABS, short for Asia Broadcast Satellite, is a communication satellites operator, based in Bermuda, and owned by Permira, which is a European private equity firm with services that include satellite-to-home and satellite-to-cable TV distribution, cellular services, and internet services.

It has in the past established telecommunications network in Africa, Russia, Asia and the Middle East, having a service network that currently covers 80% of the population in the Americas, Africa, Asia Pacific, Europe, the Middle East, Russia, and Commonwealth of Independent States.

ABS and Telcom Satellites TV (TSTV) recently signed a multi-transponder agreement to deliver a Direct-to-Home (DTH) Direct-to-Home (DTH) broadcast service into Nigeria on ABS’ -3A satellite, Africa beam which is located at the prime video neighborhood of 3°W.

Its journey began in the year 2006, with the successful acquisition of the Lockheed Martin Intersputnik-1 (LMI-1) satellite by ABS which was promptly renamed ABS-1 satellite.

Then in the year 2010, Permira, along with the ABS management team acquired ABS from Citi Venture Capital International and Asia Debt Management.

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Here in Nigeria, ABS is in business under the name TSTV, but operates under the company name TELCOM SATELLITES LIMITED, as TELCOM SATELLITES is registered under the Companies and Allied Matters Act, Laws of Nigeria.

TSTV sure knows the terrain and is definitely here to stay, going by the statement of its C.E.O, Bright Echefu

“We’ve successfully ran African Health Television for more than 5 years without hitches. We have no doubts whatsoever that TSTV would offer an excellent and affordable digital satellite television services to Nigerians.”

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