OBJ advocates stiff competition in cable TV market

on   /   in News 12:29 am   /   Comments

Former President of Nigeria, Chief Olu-segun Obasanjo, has called for stiff competition among operators of Cable Television Network.

Obasanjo stated this in his Hilltop Villa, Abeokuta, Ogun State, weekend, when Montage Cable Network presented him its decoder, thus making him the first person in the country to subscribe to Montage Cable Network, an alternative to DSTV.

The former President lamented that there had continued to be a monopoly in the cable television network with its attendant hike in price of services rendered, noting that when there was competition, consumers would have the power to bargain.

“A market where there is a monopoly is not good for the economy,” Obasanjo said, adding that he was happy that Montage Cable Network had entered satellite cable transmission to break the monopoly in the market and afford consumers the opportunity to make choices.

    Print       Email