Africa Market Briefing | Page 21

cisco_cisco 31/10/2014 16:16 Page 2 COMPANY CONTRIBUTION “Keeping the cost of the STB down is paramount.” cardless and stripped back to just the functions and features the client really needs. So, at the moment there is a blend of highprice pay-TV, lower cost propositions, and then the vast majority of the market served with FTV. We think there is a big opportunity ahead for occasional use pay-TV. It is the classic model for the African economy; a street vendor buys a pack of 20 cigarettes and then sells them one at a time, viewers would purchase programmes and TV events the same way. We see the same model in the mobile phone market where pre-pay vouchers are routinely sold for as little as five cents US and a $1 prepayment is the most you can buy for some networks. We see a big gap for pay-per-view on top of FTV packages. Unlike in some parts of the world the micro-transaction system needed is already at hand. Everyone knows Africa is a big mobile economy, leapfrogging other markets because there is no legacy infrastructure. And the mobile is perfect for payments for occasional use as payment by mobile is very well established; if Safaricom’s MPesa payments system was a bank then, by the number of transactions handled, it would be the biggest in Kenya. Although some may suggest there is “The telcos certainly want in.” not a strong case for Mobile TV over LTE until the migration is finished, it is rather that highdemand linear services over OTT are not feasible as there is not enough