The new prices will take effect on November 6, 2023, just five months after the company’s last price increase.
In a statement to subscribers, Multichoice said the latest price increase was due to “rising costs in all aspects of our business, including content acquisition, infrastructure maintenance, and operating expenses.” The company also attributed the increase to “the current economic challenges in Nigeria,” which include high inflation and a weak naira.
The new prices for DStv packages are as follows: Premium: N29,500 ; Compact+: N19,800 ; Compact: N12,500 ; Confam: N7,400 and Yanga: N4,200 .Supa Plus: N12,500 ; Supa: N7,600 ; Max: N5,700 ; Jolli: N3,950 and Jinja: N2,700 Some have expressed frustration, arguing that the hikes are coming at a time when many Nigerians are struggling financially. Others have defended Multichoice, saying that the company needs to raise prices to cover its costs and continue providing high-quality programming.
It remains to be seen how the price increases will impact Multichoice’s subscriber base. The company has not released any recent data on subscriber numbers, but it is likely that some subscribers may switch to cheaper pay-TV providers or cancel their subscriptions altogether.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Multichoice Nigeria increases prices for DSTV, GOTV packages againA Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Again, MultiChoice hikes DSTV, GOtv subscription prices'We understand the impact this change may have on our valued customers and partners, but the rise in the cost of business operations has led us to make this difficult decision,' the company said.
Source: PremiumTimesng - 🏆 3. / 78 Read more »
More pains for Nigerians as DSTV hikes subscription fees for second time in 2023Many Nigerians are going to experience more financial pains as Multichoice, owners of DSTV Nigeria, has again hiked subscription fees by at least 16 per cent depending on the bouquet. DAILY POST gathered that a price increment notice was sent by DSTV to subscribers on Friday.
Source: DailyPostNGR - 🏆 11. / 59 Read more »
Abuja municipal chair begins road construction, assures residents of more democracy dividendsPremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Source: PremiumTimesng - 🏆 3. / 78 Read more »
NAFDAC issues warning alert on highly caffeinated energy drinks sold onlinePremium Times - Nigeria'bs leading online newspaper, delivering breaking news and deep investigative reports from Nigeria
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Consumers kick as MultiChoice hikes tariff by 20%The Latest news in Nigeria and world news. The Guardian Nigeria Newspaper brings you the latest headlines, opinions, political news, business reports and international news.
Source: GuardianNigeria - 🏆 1. / 94 Read more »