Southeast Asian video streaming platform iFlix, Sells Rest of its African Business to Kwese - Techcrest

[Startups]_$type=right$va=0$count=3

Abuja,1,Accelerators,2,Africa,4,Applications,2,Apps,3,Artificial Intelligence,2,Artificial intelligence in Nigeria,1,Artificial Intelligence Startups in Nigeria,1,Banks,1,best android phones under 20000 in nigeria,1,Blogging,1,Business,2,Business In Nigeria,2,cars made in Africa,1,computer village,1,Digital publishing in Nigeria,1,Econet,1,Edtech In Nigeria,1,Entrepreneurship,4,Glo,3,Glo night plan,2,Google,1,Google free Wi-Fi,1,GTbank back to school offer,1,how to check glo night plan balance,1,how to read deleted messages on WhatsApp,1,How Tos,1,Incubators,1,Interviews,1,iPhone,1,iPhone vs Android,1,iPhone X,1,Isaac Damian Ezirim.,1,Kobo360,1,Kwese iflix,1,Lagos,1,Lucrative Niche,1,made in Africa cars,1,make money online,1,Meetups,1,Mobile Phones,2,Mtn,2,Mtn vs Glo,2,Nigeria,4,Nigeria Property Centre,1,Nigerian Literary Blogs,1,online savings platforms in Nigeria,1,Opinions,3,Osato Osemwengie,1,Paytm,1,Personalities,4,Self improvement,2,Silas Adekunle,1,Startimes,1,Startups,17,Startups In Nigeria,5,team building,1,Tech News,10,Tech Tips,31,Techcrest Business,2,Teens can code,1,Virtual Offices,1,WhatsApp deleted messages,1,

NEWSLETTER: $desc=Subscribe to receive Tech News, Ideas & Tips

[Interviews]_$type=left$va=0$count=3

[Opinions]_$type=one$count=3

[Startups]_$type=three$author=hide$comment=hide$rm=hide

[Interviews]_$type=carousel

[Personalities]_$type=two$h=0$meta=0$rm=0$snip=0

Name

[Tech Tips]_$type=complex$count=5

[Tech News]_$type=sticky$count=4$cate=1

Theme Layout

Theme Translation

Trending Posts Display

Home Layout Display

Posts Title Display

404

We Are Sorry, Page Not Found

Home Page


iFlix has sold sold rest of its African business unit to a pan-African broadcasting company, Kwese iFlix, owned by Econet Global Limited.

Following the sale, iFlix will continue to render technical support to Econet, in order to maintain viewer experience quality.

Eight months after Econet announced its entry to sub-Saharan African market in June 2017. It acquired a “significant” stake in the business unit, which was then rebranded from iFlix Africa to Kwes√© iFlix.

The service saw a massive expansion to East and Southern Africa, offering a combination of live sport, entertainment, as well as local and international series and movies.

In the words of iFlix Co-Founder and CEO Mark Britt in a press statement. “It has been an incredible journey and learning experience, launching our service in Africa. The acquisition by the Econet Group, our regional partner and Africa’s leading broadcast network, is a significant milestone for the African business, and further reinforces iFlix’s commitment to our core markets in Asia, particularly Indonesia, Malaysia and the Philippines which continue to grow from strength to strength,”

Econet CEO Hardy Pemhiwa dubbed mobile connected services as the “future of broadcasting” in Africa.


iFlix is currently available to consumers in Malaysia, Indonesia, the Philippines, Thailand, Brunei, Sri Lanka, Pakistan, Myanmar, Vietnam, the Maldives, Kuwait, Bahrain, Saudi Arabia, Jordan, Iraq, Lebanon, Egypt, Sudan, Cambodia, Nigeria, Nepal, Bangladesh and Morocco.
Leave A Reply

Isaac Somto

[name=Isaac Somto] [img=https://4.bp.blogspot.com/-D4hIAMHfQSU/W9muurbyK1I/AAAAAAAADwI/hu99x4jcrgQyo2nzbev8OO2cbSccHEylgCLcBGAs/s320/20181031_142957.jpg] [description=Freelance Writer. Explorer. Egalitarian. Historian. Philosopher. Hardcore thinker. Graphic designer. Devoted social media fan. A bit of a front end developer. Wannabe reader.] (facebook=https://www.fb.com/somtoisaac1) (twitter=https://www.twitter.com/isaac_somto) (instagram=https://www.instagram.com/isaac_somto)