Saturday, January 31, 2009

Bad news for Satellite TV in Africa as GTV folds......

Gateway Broadcast Services Board of Directors has unanimously approved a plan to liquidate the Company.

The current financial and global crisis has severely interrupted the company’s ability to secure further funding for the continued operation of the business.

The company has worked extensively with external advisors and all internal resources to investigate, evaluate and analyze strategic alternatives for the Company to further continue to operate. In determining to approve the Company's plan of Liquidation, the board and management carefully reviewed the advice and findings.

Gateway Broadcast Services, suppliers of the GTV service to subscribers across Africa has over the last 2 years invested a total of US$200 million and created jobs and competition in the 22 markets. The economic crisis that has emerged globally over the last few months has caused excessive demands on the business.

With immediate effect the service will be withdrawn.

“Increased instability in global markets interrupted our ability to secure funding on an acceptable timescale and have left us no choice but to cease operations,” said a company spokesman.

“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.”

15 comments:

Anonymous said...

クレジットカード現金化クレジットカード 現金化現金化現金化クレジットカード現金化ショッピング枠現金化ショッピング枠 現金化ショッピング枠現金化現金化クレジットカード現金化現金化ショッピング枠現金化現金化ショッピング枠 現金化クレジットカード現金化クレジットカード現金化現金化現金化クレジットカード 現金化ショッピング枠現金化株式投資投資顧問株式投資投資顧問株式投資投資顧問競馬予想競馬 予想オンラインカジノオンラインカジノ競艇予想競艇 予想株式投資投資顧問競輪予想商品先物投資顧問商品先物投資顧問商品先物プチ整形まつげエクステフェイスリフトフェイスリフトまつげエクステ専門

Anonymous said...

クレジットカード現金化クレジットカード 現金化現金化現金化クレジットカード現金化ショッピング枠現金化ショッピング枠 現金化ショッピング枠現金化現金化クレジットカード現金化現金化ショッピング枠現金化現金化ショッピング枠 現金化クレジットカード現金化クレジットカード現金化現金化現金化クレジットカード 現金化ショッピング枠現金化株式投資投資顧問株式投資投資顧問株式投資投資顧問競馬予想競馬 予想オンラインカジノオンラインカジノ競艇予想競艇 予想株式投資投資顧問競輪予想商品先物投資顧問商品先物投資顧問商品先物プチ整形まつげエクステフェイスリフトフェイスリフトまつげエクステ専門

Anonymous said...

酒店打工 酒店兼職
台北酒店 打工兼差 酒店工作 禮服酒店
酒店兼差 酒店上班 酒店應徵 酒店 酒店經紀

Anonymous said...

I would like to exchange links with your site www.blogger.com
Is this possible?

jimmychooshoes said...

mcqueen shoes
alexander mcqueen heels
Alexander McQueen Store
Jimmy Choo sale
Replica jimmy choo shoes
manolo blahnik online store
manolo shoes
manolo blahnik sale
replica christian louboutin shoes
discount christian louboutin shoes
alexander mcqueen shoes
jimmy choo outlet
jimmy choos
jimmy shoes
Manolo Blahnik Shoes
christian shoes

credit card cash said...

creditcard cash, creditcard cash creditcard shopping,
shopping cash creditcard shopping,
creditcard cash creditcard shopping,
creditcard cash creditcard shopping,
shopping cash creditcard shopping,
creditcard cash creditcard shopping,
shopping cash creditcard shopping,
creditcard cash creditcard shopping,

netde said...

クレジットカード現金化

vibrams said...

All the cheap Christian Louboutin Heel for selling within our shop would be to provide services of first-class quality. you can take satisfaction in a whole lot more discount.The christian louboutin evening Platform whole lot could be the good and stylish one.They occur in fascinating style and design and stylish christian louboutin peep toe.These women's christian louboutin pumps are luxury and noble.The pump display formal, a whole lot more display its gorgeous gloss and honour. good heel with thick soles collocation to strengthen all round modelling, carry into some mysterious alluring taste! This pairs of large christian louboutin wedges features a pretty significant part for women's fabulous entire body figure, display their fantastic figure and stylish attitude.Welcome to share Christian Louboutin Store!

webmaster said...

マジコン
R4 DS
R4DS
R4i
R4 Card

クレジットカード 現金化 said...

クレジットカードのショッピング枠を現金化
クレジットカード 現金化
ショッピング枠 現金化
クレジットカード 現金化
クレジットカード 現金化
クレジットカード 現金化
クレジットカード 現金化
クレジットカード 現金化
ショッピング枠 現金化
クレジットカード 現金化
クレジットカード 現金化
クレジットカード 現金化
クレジットカード 現金化

GigiLepiten said...

Hello, I would like to share to you a site where you can download and
watch free new movies
Watch the greatest and funniest videos in the world
Download and listen new mp3 or music for free

online shopping said...

Nowadays, shopping online has become a real trend for people who are too busy to go to a retail store and start a shopping spree.

rosen said...

The online class management software enables you to create and award your own customized class credits or hours and certificates upon the successful conclusion of a class or training session.STC Technologies

toronto condos for sale said...

One thing that makes finding a loft so difficult is that 50 percent of loft developments are sold before the building is listed on the public market.

jega rose said...

Men's shoes have become one of the hottest items in the fashion industry as men today are going modern and are more conscious about fashion.sk8clothing.com