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Home Business Telecoms

JUST IN: Starlink Suspends Price Hike

…a victory for Nigerian consumers

by Joan Aimuengheuwa
October 25, 2024
in Telecoms
0
Starlink Hikes Subscription Fees in Nigeria by 97%, Prices Now as High as ₦717,000
Starlink

Starlink

UBA
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In a remarkable move, Starlink has announced the reversal of its recent service fee increase in Nigeria, Techeconomy can report.

This decision comes as a welcome relief to Nigerians who have been eagerly awaiting affordable internet solutions.

Recall that earlier this month Starlink announced price adjustment, which the company attributed to the disturbing economic situations, affects both new and existing users of its services.

For new customers, the price hike took immediate effect, while current customers were to experience the changes from October 31, 2024.

The new subscription rate for the standard residential plan was pegged at ₦75,000, while the mobile regional plan (roam unlimited) settled at ₦167,000. The mobile global package, which provides global roaming services, was also raised to ₦717,000.

The company justified the new pricing structure by pointing to the impact of inflation, explaining that it needed to revise its service fees to stay in line with the ongoing economic challenges.

However, in a price reversal announcement, the world’s leading provider of satellite launch services said, “Last month, we increased the monthly service price for Starlink in Nigeria to account for inflation, helping us maintain operations and continue delivering reliable service. Today, we are temporarily suspending this price increase as we navigate regulatory challenges.

“If you’ve already been charged at the higher rate, a one-time credit will be applied to your account to cover the difference. You also have the flexibility to cancel your service at any time,” they added.

With Starlink’s revised pricing, Nigerians can now enjoy seamless, high-speed internet connectivity at affordable rates. This move is poised to revolutionize Nigeria’s digital landscape, empowering individuals, businesses, and communities.

This development is a testament to the power of partnerships and a consumer-centric approach. Starlink’s partnership with TD Africa, Africa’s leading distributor of tech products, and Konga.

TD Africa has facilitated the widespread availability of Starlink kits across Nigeria and West Africa through it standing as a major force in the continent’s technology distribution landscape.

Konga, where Starlink has a shop-in-shop, has also been instrumental in amplifying consumer voices and pushing for affordability and accessibility. As a pioneering e-commerce giant, Konga has consistently championed consumer interests, ensuring that quality products and services reach Nigerians nationwide. Shoppers who intend to own a Starlink kit can get genuine kits on Starlink’s shop-in-shop on Konga.

The partnership between TD Africa, Konga, and Starlink enhances internet connectivity in Nigeria, fostering greater trust in Nigerian businesses.

This improved connectivity is expected to drive economic growth, enhance educational and healthcare access, and reduce the digital divide across the country.

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Tags: KongaSTARLINKTD Africa
Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

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