MultiChoice to increase rates by 17% cites ‘Nigeria’s economic challenges’
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.
“Due to the various economic challenges impacting our business operations, we have had to review the price of our packages to continue delighting our customers with great entertainment, anytime and anywhere,” MultiChoice Nigeria said in an internal memo.
According to the company, the new prices for MultiChoice Nigeria’s DStv and GOtv packages will be effective from May 1, 2023.
“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,” the text message reads.
With the fresh rate hike, the DStv Compact+ bouquet would move to N16,600 from N14, 250 monthly while subscribers on the Compact bouquet will pay N10,500 as against N9,000; while those on the Confam package will pay N6,200 compared to the previous N5,300.
Under the new price regime, viewers of DStv Yanga and Padi bouquets will pay N3,500 and N2,500 respectively, as against N2,950 and N2,150.
Meanwhile, subscribers on the GOtv Supa package will now pay N6,400 as against N5,500; with those on GOtv Max expected to pay N4,850 as against N4,150.