MultiChoice Nigeria is set to increase its DSTv subscription fees across all packages, two weeks after Startimes implemented its own rate hike.
The company on Tuesday, announced that the prices on its DStv and GOtv packages will be reviewed upwards by 17 per cent effect from May 1, 2023.
The pay-tv firm said the price adjustment was due to the rising costs of business operations.
Under the new prices, Premium package subscribers will pay N24,500, a 16.7% increase from the current price of N21,000.
The price on the Compact+ package would move to N16,600 from N14,250 monthly, a 16.5% rise.
Subscribers on the Compact package will now pay N10,500 as against N9,000, an increase of 16.7%; while those on Confam package are set to pay N6,200 compared to the previous N5,300, a 17% increase.
Also, viewers on DStv Yanga and Padi packages will pay N3,500 and N2,500 respectively, as against N2,950 and N2,150. These represent 18.6% and 16.3% increments in that order.
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.
More so, the GOtv Jolli package price will increase to N3,300 from N2,800; while that of the GOtv Jinja and GOtv Lite will rise from N1,900 to N2,250; and from N900 to N1,100, respectively.
On the reason for the increment, Multichoice said, “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 however, made a price lock offer to subscribers who may renew their subscriptions before their due dates. The offer allows customers to pay the old rates for 12 months, if they pay monthly before the expiration of their subscriptions or if they pay for year for 1 year at a go before the new prices kick in.
StarTimes rate hike
StarTimes’ new prices which took effect from April 14 saw the price of its Basic bouquet on DTT (antenna) rise to N2,100 monthly, as against the previous sum of N1,850; while customers on its Classic bouquet will pay N3,100 monthly as against the previous N2,750 tariff.
StarTimes, Chinese-operated television company said the price increase is “due to the economic realities affecting businesses in the country.” Hence the need to adjust “prices upwards to remain afloat.”
The StarTimes Nova bouquet had its tariff raised to N1,200 from N900.
Also, the company’s subscribers using DTH (dish) are affected, with the tariff on the Smart bouquet rising to N2,800 per month from N2,600.
Due to the rates review, the Super bouquet will now attract a monthly tariff of N5,300 relative to the previous N4,900 price.
StarTimes said the price review had to be done due to the current harsh economic realities in the country.
Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.
