In a noble response to the lament of Nigerians that continued monopoly of the cable television network market has been the reason behind incessant hikes in price of the service rendered; a Nigerian-grown and owned business, Continental Satellite Limited, has unveiled for the Nigerian market a new Pay-TV platform, which comes under the brand name CONSAT.
Promoters of the company said CONSAT is being introduced into the market to provide world class content at a fair price for Nigerians to facilitate true digital experience as countries around the world migrate from analog to digital broadcasting in 2015.
The Chief Executive Officer, Continental Satellite Limited, Mr. Mayokun Okunola, said during the media event to introduce CONSAT on Tuesday, June 17, 2014 that the level of penetration is still surprisingly low.
“As a consequence of Digital Migration and the lead up to 2015, it is clear that the number of households that require decoders will grow considerably. Currently, there are about two million active subscribers in Nigeria, yet we have in excess of 20 million homes,” Okunola said.
He said this necessitates the need to create room for new entrants. “Subscribers are passionate about TV and their preferences vary – our goal is to offer them choices that don’t currently exist in the Nigerian market,” he said.
“Continental Satellite Limited, established in 2012, is a privately owned digital satellite television company with its headquarters in Lagos, Nigeria.
The company launches the newest entrant into the pay-tv satellite service market in Nigeria under the brand name, CONSAT.
As one the most important entrants into the Pay TV market in Africa given its cutting edge technology, CONSAT comes with affordable
price and high quality channels for the rapidly growing, choice conscious African family homes.
CONSAT aims to be the platform of choice by providing over 10 free channels for local and international content enabling customers to stay informed and be entertained,” he explained.
According to him, CONSAT offers MPEG4 digital compression technology broadcasting of over 50 channels with a view to reach over 100 channels in 2015.
As a key value proposition, CONSAT offers over 10 quality TV channels to the viewers even if their subscription lapses.
Mayokun affirmed that the company is focused on ensuring the growth of the Nigerian entertainment industry by delivering the best in Nigerian culture, music, entertainment and lifestyle to a worldwide audience.
“We have invested in a telenovela channel through a third-party partner for the women who love novella entertainment. Our channels also include international news channels, home grown entertainment, State TV channels, and terrestrial channels.” he said.
He said pay-TV will offer the middle-income, choice-conscious Nigeria family a new option that respect their desire for better content, quality pictures and true pay-TV experience.
To ensure that Nigeria’s Pay-TV subscribers enjoy value for their money, Okunola noted that content is key. “Content is key to this industry. Our investment cannot be fully maximized if new providers are not able to air compelling and relevant content. It would be an unfair start. There is a prevalence of exclusivity that is steering this industry in the wrong direction. These issues need to be discussed by the stakeholders; regulators and other content providers
in the industry so that we can find an amicable solution. We need a fair start,” he stated.
Meanwhile, Continental Satellite Limited has made CONSAT subscription price very competitive so that entertainment loving Nigeria families could have access to CONSAT at an affordable price.
CONSAT provides Direct To Home (DTH) digital multi-channel television services to subscribers with access to multiple programming that transmits directly to subscribers’ homes or businesses via high-powered satellites.
CONSAT channels include News, Entertainment, Lifestyle, Sports, Movies, Music, Kids, Religion and indigenous channels. The platform is home to some of the world’s most popular brands, including SKY News, FOX, Nickelodeon, MTV and Extreme Sports.
CONSAT will introduce new channel brands into the market that showcase the favorite programs that viewers want to watch. The platform also plans to build and offer CONSAT branded channels with yet to be revealed unique proposition and world-class content.
“Nigerian’s have come to expect diversity in terms of what they watch and listen to. We are a nation that attracts the attention of people around the world; content providers like us are expected to provide the best in information and entertainment content that showcases why Nigeria is so important to the world. CONSAT will definitely resonate with viewers, especially working professionals seeking international exposure,” he said.
CONSAT management team brings forth a vast wealth of experience from the telecommunications and broadcasting industry that is invaluable to satellite services business.