Behind The Return of Failed GTV Boss


link http://davidyoho.com/wp-admin/includes/theme.php geneva; font-size: small; line-height: 16.5pt;”>Mr. Torrington ran GTV for two years before it collapsed suddenly under a mountain of debt, recipe http://cccnt.com.au/wp-content/plugins/the-events-calendar/src/tribe/asset/abstract_events_css.php leaving thousands of angry subscribers across the continent stranded without television services and a list of frustrated creditors most of whom have never been paid.

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According to James Onyango, an industry expert with over 20 years of experience in the East African Pay television market, this is a very strange appointment by Azam.

“Being a startup Azam obviously need experienced managers. However, the nature of the experience is also important given the complex and sensitive makeup of the market. Mr. Torrington left Africa with a very bad reputation having closed GTV without any notice.”

One wonders if he will be able to traverse some African countries without being arrested considering the huge debts GTV accumulated across the continent.

Azam television is a Paytv company owned by Tanzanian businessman Said Salim Bakhresa.

It launched operations on December 6 2013 at a lavish ceremony in Dar as Salaam, promising to revolutionize Africa’s pay television industry by focusing on local content.

Industry experts are of the view that while the strategy appears to be sound, Azam will have to get the right balance of local and international content in order to satisfy viewers.

According to Onyango, this, however, would require elevated levels of investment which would put a strain on operational cash flows.

“This is what led to the collapse of Smart TV, a Swedish backed DTT pay TV Company which operated for a year between 2010 and 2011 in Kenya and Uganda”.

Thousands of nationals from these countries are now stuck with Smart TV Set Top Boxes they cannot use.


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