Top Stories

Breaking: Multichoice Readjusts Subscription Prices For Dstv, Gotv After Court Order

MultiChoice has reverted to the former subscription prices following a court ruling on the issue

The company vowed to challenge the court order, saying it does not favour its business model

Advertisement

A check on the company’s apps shows that the firm reverted to the old prices pending the outcome of its appeal

MultiChoice, owners of DStv and GOtv, has reverted to the old subscription prices following a court order mandating the pay television company to halt its move to hike prices. Checks by Legit.ng on Sunday, June 16, 2024, on the firm’s apps show that the company has reverted to the old prices after subscribers paid the new rates for May 2024 after the new hike.

Advertisement

The company, which vowed to challenge the order of the Competition Consumer Tribunal (CCT), reported a decline in its subscriber base in Nigeria, where it lost over a million subscribers.

Old DStv prices vs new ones

Advertisement

Checks show that DStv subscribers are now required to pay N29,500 instead of N37,000 for the Premium package, and Compact+ package subscribers can now pay N19,800 instead of the new price of N25,000.

Compact Bouquet subscribers can now pay the previous rate of N12,500 instead of N15,700, while Confam package subscribers must pay the old price of N7,400 instead of the increased rate of N9,300 per month.

Advertisement

Yanga package subscribers’ prices have reverted to the old N4,200 per month instead of the new N5,100.

Padi subscribers will pay the former price of N2,950 instead of the N3,600 new price.

Advertisement

Old GOtv prices vs new

GOtv subscribers are now required to pay the old rates of N12,500 for the Super+ package from the N15,700 it increased to.

Advertisement

GOtv Super users have their prices reverted to N7,600 from N9,600, which increased before the court order.

Others include N5,700 for GOtv Max, N3,950 for GOtv Joli, and N2,700 for the lowest package, GOtv Jinja, which subscribers will now pay from the new N3,300 rate.

Advertisement

It is still being determined if the company is also offering a month-free subscription as ordered by the court. No official comments from MultiChoice to confirm the development, as the company’s officials could not comment on the issue.

According to reports, the company hiked its subscription prices to align with market realities following high inflation in Nigeria and the naira devaluation.

Advertisement
citynews

Recent Posts

Fidelity Bank Reaffirms Support for Digital Innovation in Africa

  Leading financial institution -Fidelity Bank PLC -has restated its devotion to support the development…

1 hour ago

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 26th June 2024

What is the Dollar to Naira Exchange rate at the black market also known as…

2 hours ago

Sterling HoldCo Grows Assets To N2.5 Trillion

...Shareholders Unanimously Endorse Expansion Plans Lagos, Nigeria: Major shareholders of one of Nigeria’s leading financial…

3 hours ago

Euro 2024: Lampard reveals player England are missing

Chelsea legend Frank Lampard has suggested that the Three Lions of England are missing the…

4 hours ago

Euro 2024: 10 teams qualify for Round of 16 [Full list]

At least 10 teams are through to the last 16 at Euro 2024. England finished…

4 hours ago

Transfer: Vinicius reacts as Real Madrid player leaves club

Real Madrid winger, Vinicius Junior, has sent a best wishes message to Nacho Fernandez after…

4 hours ago