Monday, January 20, 2014

MultiChoice, Equity sign financing deal



PHOTO | FILE Samsung GM, Consumer Electronics, Allan Oyier (left) and MultiChoice Kenya general manager Danny Mucira Danny Mucira at a past function. MultiChoice has inked a deal with Equity Bank to boost the purchase of set-top boxes ahead of the planned digital migration.
PHOTO | FILE Samsung GM, Consumer Electronics, Allan Oyier (left) and MultiChoice Kenya general manager Danny Mucira Danny Mucira at a past function. MultiChoice has inked a deal with Equity Bank to boost the purchase of set-top boxes ahead of the planned digital migration.  NATION
By Nation Correspondent
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Pay television firm, MultiChoice, has inked a deal with Equity Bank to boost the purchase of set-top boxes ahead of the planned digital migration.

The deal would enable Equity Bank customers get financing. MultiChoice Kenya general manager Danny Mucira said the agreement will ensure that Kenyans buy the gadgets that range from Sh3,000 to Sh7,000.




“Interested customers will go through normal credit vetting where we anticipate taking a short time before they acquire the device of choice,” said Equity Bank chief operating officer Julius Kipng’etich.




The move comes after Equity Bank partnered with StarTimes to enable customers’ access loans to buy the firm’s set-top boxes. Through the StarTimes partnership, customers have access to  loans of up to Sh5,000.

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