FG Launches NextTV - a Satelite TV with 140 Channels

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The Federal government of Nigeria has launched a channels satellite TV provider on the Nigerian Communications Satellite, NIGCOMSAT, limited Direct-To-Home, DTH platform called NextTv.


FG Launches NextTV - a Satelite TV with 140 channels
NIGCOMSAT ^ Source: VanguardNGR
NextTV was unveiled by the Vice President, Prof. Yemi Osinbajo who was represented by the Minister of Communications, Barr. Adebayo Shittu in Abuja.

The satellite TV service with 140 channels is a joint venture company and partnership between NIGCOMSAT and NextTV. 

NextTV is a synergies of 3 media companies built to provide content over a Direct-To-Home platform as well as solutions for Telecommunication companies, OTT providers and PayTV operators and Mobile carriers.

Under the partnership, Nigus will be the lead partner in the joint venture company and brings the total investments capital needed for this venture as well as management, administration, license, marketing and content.

NIGCOMSAT on its part provides the transponders for the use of NextTv with a minimum of 4 transponders available to the JV.

NIGCOMSAT will hold a 15% equity stake in NextTv.

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