Skip to main content
#
www.ugandaonline.net
Sponsored Link

Advertisement

Friday, January 30 2009

                  GTV Dish and Decorder
Pay Televsion commonly known as GTV has closed shop after its shareholders decided that the company be dissolved. GTV was giving soccer fans value for money after it secured exclusive rights to broadcast the premiership matches.

The coming of GTV to Uganda broke the monopoly that had been enjoyed by DSTV for years and also forced DSTV to cut drastically on their pricing and increase on the channels.

Gateway Broadcast Services has been forced to close operations due to the current financial and global crisis. "Increased instability in global markets interrupted our ability to secure funding and left us no choice but to cease operations," said a company spokesman. "We have tried every possible step but we are all unfortunate victims of the global economic crisis."

Part of the liquidation statement on the GTV website reads: “We realise the negative impact this has had on our loyal customers, creditors and staff, all of who have believed in GTV and the revolution in pay TV it had created. We have tried every possible step to keep the company going but we are all the unfortunate victims of the current global economic crisis.”

Posted by: uowd AT 05:26 pm   |  Permalink   |  Email

Zari remembers late hubby, Don Ivo, brands him the King of Showbiz

Zari and Ivan Ssemwanga

Weasel, Crysto Panda, Henry Tigan and Chosen Becky welcome babies

Our local stars welcome new members to their families

Bryan White's 2 employees accuse him of sexual harassment

Bryan White and his accuser Stella Nandawula

Faridah Nakazibwe apologizes to Justine Nameere following the Omar fight

Faridah Nakazibwe and Justine Nameere

Sponsored

 Entertainment Photos

Sponsored

Advertisement

Advertisement

Advertisement

Site Mailing List 
Uganda Online Entertainment News

Uganda Online Email    Copyright © 2020 UgandaOnline.Net- All rights reserved.

Privacy PolicyDisclaimer