There are feelers that the newly launched Pay Tv, TSTV may have started on a wrong footing.
Reason: The promoters are set to refund customers who have already paid through the banks their money. Such clients are sure to get their refund before the close this week, according to one of the TSTV distributors contacted by one of the customers.
Besides, the submission of the customer is more interesting and raises questions as to the genuineness of the TSTV.
Read on:
“I promoted Tstv and was hoping that it could challenge DStv. It was launched in Abuja few days ago.
Read this:
Is TSTV A Fraud?
Another MMM Scam. Everybody beware.
“These TSTV guys are actually reckless. I am really surprised that they brought the minister into this.
I believe that this is another MMM. Buyers beware. This is based on the following:
1. Being sports acquired the EPL, Champions League and Laliga only for MENA (Middle East and North Africa). They do not have the right for Nigeria. DSTV owns the rights for Nigeria till 2019. You cannot give what you do not have. When a new service is launched, you have to wait for the next bidding round to have a shot at acquiring the rights. You cannot jump in the middle and start showing it. Things are not done that way in the PayTV world.
2. A lot of channels listed like CNN, National Geographic, Discovery etc were acquired by DSTV on an exclusive basis for DTH in sub-saharan Africa by DSTV. Channels like Star Movies, MBC2, etc are only cleared for middle east and Asia. I really doubt that they have the rights to those channels. They may show it for one or two months before they are asked to take them off air.
3. I check with a content aggregator on the cost per subscriber for these channels, assuming they can buy the rights, it came out the about 23 USD per month. That is excluding the sports channels. Based on today’s naira exchange rate of 365 naira to a dollar, the cost is 8,395 Naira per subscriber. The content owners globally charge per month for their content. They do not charge per week or part of the month. The content owners dictate the terms. Nobody can pay 8395 Naira and charge 3000 Naira. Not possible.
4. The cost of decoder package is as follows – decoder 25 USD, smartcard 4 USD, dish is 5 USD. Total is 34 USD (12410 naira). If we add shipping and clearing, you can get 15,000 Naira. To charge 5000 Naira for the package, you will need a lot of cheap money from bank to fund the decoder purchase. Buying 15,000 and selling 5000 sounds interesting to me.
5. To do internet via satellite, you need VSAT equipment which is expensive compared to the dish/lnb you need to receive dstv. Minimum cost of vsat equipment should be not less than 50,000 Naira. If you use the traditional dish equipment, you can only receive. You cannot do internet with it. Unless TSTV will supply you 40,000 Naira vsat equipment for 5000 Naira.
6. I went to lyngsat and checked the ABS 3A satellite, I did not see any information about any TSTV channels. Lyngsat is the database of all channels currently on satellite.
7. When you launch a new DTH platform, you start with a test transmission. This allows you to work through some issues that might come up. It also gives people chance to see some of your channels to make sure they are real before committing their money. There is no test transmission from TSTV.
8. EFCC Fraud Charges
EFCC arrested this guy last year for fraud. Not credible.
In conclusion, people should ask enough questions before investing their hard earned money. If it is too good to be true, it’s probably is. Let this not be another MMM”.
“I read it and called one of their distributors who has collected money from clients with the promise of delivering the thing to them.. And this is her reply:
“Hello Sir…
Much as We may not want to agree with this news… We are currently making arrangements with the bank to refund all monies paid to customers this week at the latest.
Thanks for your understanding
Best Regards”.
Folks, what’s going on?
Following the submission on the customer’s Facebook wall on Tuesday, many customers are raising concerns, particularly with the idea of a refund.
Is Newly Launched TSTV A Fraud?
