Downturn claims African pay tv operator

Analoguesat

Analoguesat

Administrator
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My Satellite Setup
TM 5402HD
Sky+ UK.
My Location
Scottish Borders
GTV has gone out of business:

Gateway Broadcast Services, the operator of the GTV satellite service, has closed and the company will be liquidated. GTV was expanding its service Africa-wide and challenging Multichoice of Sth Africa.
Click to expand...

_http://www.rapidtvnews.com/index.php/200902013049/gateway-closes-its-dth-doors.html
 
_http://www.reuters.com/article/pressRelease/idUS70100+09-Jan-2008+RNS20080109


Three weeks after 'raising' $60M . Surely not ?
 
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