{"id":1980,"date":"2019-08-05T10:19:27","date_gmt":"2019-08-05T14:19:27","guid":{"rendered":"https:\/\/dev2.worldscreen.com\/tvmiddleeastafrica\/econet-shutters-kwese-tv\/"},"modified":"2019-08-05T11:50:21","modified_gmt":"2019-08-05T15:50:21","slug":"econet-shutters-kwese-tv","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvmiddleeastafrica\/econet-shutters-kwese-tv\/","title":{"rendered":"Econet Shutters Kwes\u00e9 TV"},"content":{"rendered":"<p>Zimbabwe\u2019s Econet Wireless has shut down its African pay-TV unit, citing market conditions and content price inflation.<\/p>\n<p>&#8220;It is a difficult decision that we could not postpone,&#8221; the company said in a statement. &#8220;Over the last four years, we sought to disrupt Africa\u2019s media landscape and enable Africa to tell its own stories using a variety of technologies, including satellite broadcast, video streaming and free-to-air TV. The Econet Group invested heavily into Econet Media and supported the business over the period it operated without any third-party funding. Unfortunately, market conditions and content price inflation got in the way of us completing our mission.&#8221;<\/p>\n<p>The statement continued, &#8220;The Econet Group is entrepreneurial and believes in Africa and its potential. Our belief in &#8216;an inclusive connected future that leaves no African behind&#8217; remains undaunted.&#8221;<\/p>\n<p>The rest of the Econet Group businesses continue to operate as per usual, as each of the companies are separate legal entities with their own management teams and boards.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zimbabwe\u2019s Econet Wireless has shut down its African pay-TV unit, citing market conditions and content price inflation.<\/p>\n","protected":false},"author":350,"featured_media":1981,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[206,245],"class_list":["post-1980","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-top-stories","tag-econet-media","tag-kwese-tv"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Econet Shutters Kwes\u00e9 TV - 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