KanyiDaily recalls that MultiChoice had initially increased its prices, citing rising costs and inflation in the country.
But the Competition and Consumer Protection Tribunal (CCPT) in Abuja ordered the company to revert to its old prices pending a full hearing.
MultiChoice had vowed to challenge the order after reporting a decline in its subscriber base in Nigeria, leading to the loss of over a million subscribers.
Apparently, due to the court order and loss of subscribers, the company has decided to implemen the price adjustments as of Sunday, June 16, 2024.
The readjustment now have Compact Bouquet subscribers paying N12,500 previously being charged instead of N15,700, while Confam package subscribers will pay the old price of N7,400 instead of N9,300 per month.
For the Yanga package subscribers, old rate of N4,200 will be paid against N5,100 placed as new rate; while Padi subscribers will pay the former price of N2,950 instead of the N3,600.
Same goes for GOtv subscribers who are now required to pay the old rates of N12,500 for the Super+ package instead of N15,700.
GOtv Super users are required to pay N7,600 from N9,600, which the company charged; GOtv Max subscribers are to pay N5,700; GOtv Joli, N3,950; and N2,700 for GOtv Jinja.
KanyiDaily recalls that the Competition and Consumer Protection Tribunal (CCPT) had fined Multichoice Nigeria N150 million for challenging the court’s authority.
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