(Reuters) - South Africa's Telkom Media, majority owned by fixed-line phone operator Telkom, hopes to launch a cheap pay-TV service to rival Naspers' monopoly, the company said on Friday.
Unveiling its strategy for pay-TV in Africa's richest country, Telkom Media said it would launch a cut-price satellite service with plenty of local content plus international sport and movies, aimed at the middle income bracket.
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