Canal+ Buys African TV Group, As Telecom Deals Heat Up
Business
Canal+ is on an ambitious mission targeting 50 million to 100 million subscribers. Currently, it boasts nearly 27 million subscribers in 52 countries across three continents. Last December, the French media and telecom giant listed on the London Stock Exchange, following a spin-off from its parent company, Vivendi, ushering in an independent future to pursue its growth ambitions. For Canal+, which generated $7.2 billion (about €6.4 billion) in revenue in 2024, Africa and Asia offer high-growth
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