MultiChoice, the owner of DStv and GOtv, has reverted to its previous subscription prices following a court ruling that mandated the pay television company to halt its price increase.
The company has announced plans to challenge the order, asserting that it does not favor its business model.
A review of the company’s apps confirms that the old prices have been reinstated pending the outcome of MultiChoice’s appeal. The court’s order came from the Competition Consumer Tribunal (CCT) following a reported decline in MultiChoice’s subscriber base in Nigeria, where it lost over a million subscribers.
Under the reverted pricing structure, DStv subscribers will now pay N29,500 for the Premium package instead of N37,000. Compact+ package subscribers will pay N19,800, down from the new price of N25,000. Subscribers to the Compact Bouquet will now pay N12,500 instead of N15,700, while Confam package subscribers will pay the old rate of N7,400 instead of the increased rate of N9,300 per month.
Yanga package subscribers’ prices have reverted to N4,200 per month from the new N5,100 rate. Padi subscribers will pay N2,950, down from the new price of N3,600.
For GOtv subscribers, the Super+ package price has been reverted to N12,500 from N15,700. GOtv Super users will pay N7,600 instead of N9,600. Other packages include N5,700 for GOtv Max, N3,950 for GOtv Joli, and N2,700 for GOtv Jinja, reduced from the new rate of N3,300.
It remains uncertain whether MultiChoice is offering a month-free subscription as ordered by the court. MultiChoice officials have not commented on the issue.
The company’s price hike was initially implemented to align with market realities following high inflation in Nigeria and the naira’s devaluation.
Read more: https://www.legit.ng/business-economy/industry/1597684-multichoice-adjusts-subscription-prices-dstv-gotv-court-order/
