Pay-TV SPURS Naspers growth

Africa's biggest media company, Naspers, lifted annual core headline earnings per share by 16percent, sending its shares surging by nearly seven percent yesterday. Naspers, which owns the continent's biggest pay-TV network, DStv, said revenue rose 19percent to R20,5billion. The media group said its revenue growth has been largely driven by its pay-TV and Internet units. - Reuters

Africa's biggest media company, Naspers, lifted annual core headline earnings per share by 16percent, sending its shares surging by nearly seven percent yesterday. Naspers, which owns the continent's biggest pay-TV network, DStv, said revenue rose 19percent to R20,5billion. The media group said its revenue growth has been largely driven by its pay-TV and Internet units. - Reuters

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