Connect with us

Featured

MultiChoice Reverts to Old Subscription Rates After Court Order

Published

on

MultiChoice, the owner of DStv and GOtv, has reverted to its old subscription rates.

The company had earlier increased its prices, but a court order mandated it to halt the hike.

Checks on the company’s apps on Sunday, June 16, 2024, showed that the old prices had been restored.

The Competition Consumer Tribunal (CCT) had ordered MultiChoice to revert to its old prices, and the company has complied.

However, MultiChoice has vowed to challenge the order, stating that it does not favor its business model.

The old prices for GOtv packages are as follows:

– GOtv Super+: N12,500 (previously increased to N15,700)
– GOtv Super: N7,600 (previously increased to N9,600)
– GOtv Max: N5,700
– GOtv Joli: N3,950
– GOtv Jinja: N2,700 (previously increased to N3,300)

It is unclear if MultiChoice will also offer a month-free subscription as ordered by the court.

The company has not officially confirmed the development, and its officials declined to comment on the issue.

MultiChoice had earlier increased its subscription prices, citing market realities, high inflation in Nigeria, and naira devaluation.

However, the court ruling has forced the company to revert to its old prices.

In a related development, MultiChoice has reported a decline in its subscriber base in Nigeria, losing over a million subscribers.

The company has also disclosed that it has an account balance of N31.6 billion with the liquidated Heritage Bank.

This development highlights the ongoing challenges in the Nigerian pay-TV market, with MultiChoice facing intense competition from other players.

The company’s decision to revert to its old prices may be a strategic move to retain its customer base and stay competitive in the market.

See also  Covenant University beats UI, UNILAG, others to emerge best in Nigeria

For Diaspora Digital Media Updates click on Whatsapp, or Telegram. For eyewitness accounts/ reports/ articles, write to: citizenreports@diasporadigitalmedia.com. Follow us on X (Fomerly Twitter) or Facebook

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest from DDM TV

Latest Updates

INNOSON VEHICLE MANUFACTURING

Tragedy Strikes Umuoba-Uratta: As Stray Bullet Kills 20-Month-Old Child in Imo

ECOWAS and the Dangers of Placating Junta Leaders

Gaza: Hamas terrorists kill 50 Israeli-backed fighters sparking civil unrest

Bandit leader Turji imposes N50m farming levy on Zamfara, Niger communities

Colombia on high alert as coordinated attacks kill 7, injures 28

19-yr-old Nigerian artiste beaten to death in Ghana

Elon Musk bows, apologies to Trump after public spat

Los Angeles enforces curfew, makes arrests amid protests against immigration crackdown

Taiwan charges four ex-staff of ruling party with Spying for China

Maryam Abacha: The Widow and the Ghost

Subscribe to DDM Newsletter for Latest News

Get Notifications from DDM News Yes please No thanks