Monday, December 12, 2011

Super 5 Media's fate decided tomorrow by Icasa as the struggling wannabe pay TV operator keeps begging for extensions.

The Independent Communications Authority of South Africa (Icasa) will tomorrow decide the fate of Super 5 Media which received a license in 2007 to start a pay TV service in South Africa but failed to do so and instead kept asking for further extensions from the authority.

The issue will come to a head tomorrow when Icasa will decide on the fate of Super5Media (formerly Telkom Media which sold their stake to Schenzhen Media) which was once seen as the strongest applicant to start a new pay TV service in South Africa.

Icasa is not going to have any further public hearings on the matter of Super 5 Media's application extensions, with insiders within the authority indicating that Super 5 Media's time - and the regulator's patience - has finally all but run out. Super 5 Media kept asking for - and got - numerous extensions after its abysmal failure to start despite several promises - and then further extensions after the implosion of the Centurion based company in July 2010.