RantHQ Blog understands that MultiChoice, the parent company of DStv and GOtv, has been ordered by a court to revert to its former subscription rates. This ruling follows a decision that the recent price hikes were unjustified.
Initially, MultiChoice raised prices to address inflation and the naira's devaluation. However, this increase reportedly resulted in a loss of over a million subscribers in Nigeria.
The revised rates are:
- DStv Premium: N29,500 (down from N37,000)
- DStv Compact+: N19,800 (down from N25,000)
- DStv Compact: N12,500 (down from N15,700)
- DStv Confam: N7,400 (down from N9,300)
- DStv Yanga: N4,200 (down from N5,100)
- DStv Padi: N2,950 (down from N3,600)
For GOtv, the new prices are:
- GOtv Super+: N12,500 (down from N15,700)
- GOtv Super: N7,600 (down from N9,600)
- GOtv Max: N5,700
- GOtv Joli: N3,950
- GOtv Jinja: N2,700 (down from N3,300)
It is unclear whether MultiChoice will comply with the court’s order to offer a month of free subscription. The company intends to challenge the ruling, arguing that it threatens their business model.
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