With the launch of latest Pay TV operator in Nigeria, TStv Africa, DStv, StarTimes and other existing service providers are unsettled by the immediate response of the Federal Government in granting a three-year tax relief to the newly inaugurated Pay TV operator in the country as well as tax-free dividends to all investors in the company. The development has already triggered panic among old operators who have been competing for market shares in the face of harsh economic environment in the country. Their fear is not unconnected to the belief that the new operator would before long break the strength of monopoly they have been riding on over the years. A reliable source from one of the Pay TV service providers, who preferred anonymity, told INDEPENDENT that steps are being taken by the existing operators to request for a better deal from the Federal Government. According to him, “You don’t expect those who have laboured hard in the country for people to enjoy this unique service to ...
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