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    Home » Somalia TV sales grow as many avoid public places

    Somalia TV sales grow as many avoid public places

    By SHOOTWednesday, August 20, 2014Updated:Tuesday, May 14, 2024No Comments838 Views
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    In this photo taken Monday, Aug. 4, 2014, a Somali woman signs a receipt after buying a television receiver box at the headquarters of Access TV, a new Somali satellite television company offering world news, local news and sports, in Mogadishu, Somalia. (AP Photo/Farah Abdi Warsameh)

    By Abdi Guled

    MOGADISHU, Somalia (AP) --

    Inside the small office, the line of sweating clients waiting to renew their satellite TV subscriptions keeps growing. Technicians crimp wires and test signal strength of boxes while others go to homes across the Somali capital to install new systems or fix faulty ones.

    The TV business is booming in Somalia, in part because of fears by people of gathering in public places like restaurants that are targeted for deadly attacks by the al-Qaida-linked militant group al-Shabab.

    Movie theaters, long a source of entertainment for Mogadishu residents, have been shuttered following a wave of terrorist attacks. Many Somalis consider restaurants and hotels too dangerous to visit. And the Somali National Theater, which had started to pick up a large following after al-Shabab was ousted from Mogadishu in 2011 by African Union military forces, suffered a major blow after it was bombed in 2012 in an attack that killed dozens of people.

    With the militants using violence to impose bans on modern cultural events, TV sales are going up, in turn fuelling demand for satellite TV services.

    Access TV, a satellite service, was launched in 2012 and offers world news, local news and sports— a mix that many Somalis like. In the past, three satellite dishes were required to receive all that but now only one is needed, along with the receiver.

    "It's a quick sure-fire venture and demand is exceptionally high," said Abdirizak Hassan Muse, who manages the Access TV office in Mogadishu.

    On a recent day, a technician from Access TV went up onto the white sun-splashed roof of the company's offices in this seaside capital to adjust the signal received by large satellite dishes. The shell-pocked city stretched out below him

    With more than 5,000 subscribers, Access TV is a flourishing business. Its website says 100 channels are on offer. Five other companies offering similar services have opened in Mogadishu. Sports channels, especially those showing European soccer leagues, are the most popular.

    In a country that until just a couple of years ago was notorious for piracy — the real kind with the seizing of cargo ships and yachts — and other lawlessness, some wonder about legitimacy of the providers. Ahmed Muhummed, an economist in Mogadishu, said there is "doubt that such operations are wholly legitimate."

    The cost is relatively cheap. In addition to the $60 installation fee for Access TV, each customer pays $8 a month. Muse said business is growing so fast that his company had to train and hire freelance technicians in order to meet the demands.

    Shops selling TV also report growing demand, with flat screens the most sought after. A 51-inch flat-screen TV now sells for $700 compared with $500 just year ago. A 40-inch flat screen TV goes for $400.

    For Abdulaziz Yasin, a new subscriber to Access TV, the service means he can get entertainment at home without having to venture out to find it.

    "Cinemas were better, but with this service we can at least avoid the unsafe public gatherings," he said. "We hope peace will come, so that we can have fun at any location of our choice."

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    OpenAI files confidential SEC paperwork for IPO, opening the door to a Wall Street debut

    Tuesday, June 9, 2026
    Sam Altman arrives at the U.S. District Court in Oakland, Calif., April 30, 2026. (AP Photo/Godofredo A. Vásquez, file)

    ChatGPT maker OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, the third in a powerhouse trio of artificial intelligence companies racing to Wall Street debuts.

    The San Francisco-based company said Monday it has filed confidential paperwork with the U.S. Securities and Exchange Commission.

    "We expect it to leak so we're just announcing it," the company said in a statement. "We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it's a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best."

    OpenAI's move follows its rival Anthropic's June 1 disclosure that it is also moving toward an initial public offering of shares. Both are now following Elon Musk's rocket company SpaceX, which has started an IPO roadshow pitching itself as an AI-focused space company.

    OpenAI CEO Sam Altman first publicly floated the possibility of an IPO last fall, describing it as the "most likely path" for the company given its size and the need for vast amounts of capital to advance its technology.

    OpenAI began in 2015 as a nonprofit dedicated to developing AI for the common good and is now a company valued at $852 billion.

    The filing comes at a "precarious moment" for OpenAI as it appears to be losing ChatGPT's strong early leads with consumers and businesses to Google and Anthropic, said Emarketer analyst Nate Elliott.

    "But OpenAI doesn't have a lot of other places to look for the enormous capital required to support its costs," Elliott said.

    Paving the way for going public was OpenAI's decision last year to reorganize its business structure and... Read More

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