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Multichoice Nigeria Limited, a leading pay-TV operator, has revealed plans to implement a price increment across its DStv and GOtv packages effective May 1, 2024.
The decision to raise subscription fees was attributed to the “rise in the cost of business operations” in Nigeria, according to a notice signed by Multichoice CEO, John Ugbe, and sent to subscribers and customers via email on Wednesday.
With the latest price hike, the DStv Premium package increased from N29,500 to N37,000. Similarly, the DStv Compact+ gone up N19,800 to N25,000 while the Compact package increased from N12,500 to N15,700.
The Comfam package moved from N7,400 to N9,300. Yanga package moved up from 4,200 to N5,100 while Padi package increased from N2,950 to N3,600. HDPVR was increased from N4,000 to N5,000, the Access Fees package from N4,000 to N5,000, and XtraView moved from N4,000 to N5,000.
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Recall that the company implemented an upward review of prices in December 2023, days after announcing a $72m loss in its financial statement for the third quarter of the year.
Checks on the company’s reviewed price list then showed a 20 per cent per cent hike in the company’s packages across the board.
