MultiChoice Nigeria, a supplier of pay television services, has announced hikes in the cost of its DStv and GOtv subscription packages.
On Tuesday, the business sent a text message to its users informing them of the increases.
Multichoice attributed the increase in operating expenses to the price change of the subscription packages in the text message.
Multichoice upped the monthly membership fee for its Premium DSTV package under the new pricing that will be in effect starting on May 1 from N20,000 to N24,500.
However, if they are active by April 30th, users can keep paying the former price of N21,000 for up to 12 months.
Also, Multichoice said the price of the Compact+ bouquet has been adjusted from to N16,600 from N14, 250 monthly while subscribers on the Compact bouquet would now pay N10,500 as a monthly subscription against the previous N9,000.
Subscribers on the Confam package will now pay N6,200 monthly as against N5,300.
Similarly to this, DStv Yanga and Padi subscribers would pay N3,500 and N2,500 each as opposed to N2,950 and N2,150.
The “GOtv SUPA” package is a new one from GOtv Nigeria.
Subscribers to the GOtv will pay N6,400 as opposed to N5,500 for the GOtv Supa package, and N4,850 as opposed to N4,150 for the GOtv Max plan.
Subscribers to GOtv Jolli will begin paying N3,300 instead of N2,800, and the rates for GOtv Jinja and GOtv Lite would also increase from N1,900 to N2,250 and N900 to N1,100, respectively.
However, the business said that it has given users who renew their subscriptions before the due dates a price lock offer.
This means customers can still pay the old rates for 12 months if they pay monthly before the expiration of their subscriptions.
Similarly, it grants subscribers, who pay for one year at a go, before the new prices kick in, the opportunity to pay the old tariffs.
According to Multichoice, a country-by-country price comparison showed that Nigerian DStv Premium subscribers would pay the equivalent of $33.11 (N740 to a dollar), with those in South Africa paying 879 Rands ($48.48 at 18.1 Rands to the dollar).
The tariff of N16,600 is to be paid by Nigerian Compact + subscribers, the equivalent of $22.43, while those in South Africa will pay 579 Rands ($31,94). Compact customers in Nigeria, it was also discovered, will pay the equivalent of $14.19 (N10,500).