MultiChoice Nigeria, on Tuesday, announced an upward review of prices on its DStv and GOtv packages by 17 per cent.
This was confirmed in a text message sent to customers that the new rates will take effect on May 1, 2023.
The pay-tv firm said the price adjustment was due to the rising costs of business operations.
The text message reads, “Please note that from May 1, your monthly subscription (premium) will be N24,500. To retain your old price of N21,000 for up to 12 months ensure you are active by April 30”.
Newsonspot understands with this development, that the price on the Compact Plus bouquet will increase from N14,250 monthly N16,600.
Monthly subscription for Compact will increase from N9,000 to N10,500, while subscribers on Confam package will pay N6,200 compared to the previous N5,300.
The subscriptions for DStv Yanga and Padi bouquets will rise to N3,500 and N2,500 respectively, as against N2,950 and N2,150.
For Gotv subscribers, the price for Supa package will increase from N5,500 to N6,400, while GOtv Max increases from N4,150 to N4,850.
More so, the subscription for GOtv Jolli package price will increase from N2,800 to N3,300, while the GOtv Jinja and GOtv Lite packages will rise from N1,900 to N2,250; and from N900 to N1,100, respectively.
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This is coming barely a year after the Pay TV firm increased its subscriptions rates.
In March 2022, the company said the prices were increased due to the rising costs of inflation and business operations in the country.
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Chinese-owned television network StarTimes announced its hike in subscription rates, starting on April 14.
Customers of StarTimes’ Basic bouquet on DTT (antenna) will now pay N2,100 monthly as opposed to N1,850 previously, while those of its Classic bouquet will now pay N3,100 monthly as opposed to N2,750 previously.
Additionally, the cost of the Nova bouquet increased from N900 to N1,200.
The company’s DTH (dish) users are also impacted because the monthly fee for the Smart bouquet has increased from N2,600 to N2,800.
As a result of the pricing review, the Super bouquet will now have a monthly tariff of N5,300 as opposed to the prior N4,900 cost. The Nova bouquet’s price was increased from N900 to N1,200.
The price review, according to StarTimes, was necessary given the country’s present difficult economic conditions.
