WowTV prepares for launch
Pay-TV provider Walking on Water Television (WowTV) has finally received the funding it needs to get a multi-channel broadcasting service off the ground and will have a commercial product available "as soon as possible".
WowTV was one of four new companies to be granted a licence by the Independent Communications Authority of SA (ICASA) to compete in South Africa's pay-TV market in 2007.
...ICASA decided to hold on to WowTV's licence until it had found the funding it needed to launch a multi-channel service. The authority has now handed over the licence and the broadcaster has until March 2012 to launch a product.
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Source: TechCentral
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