MultiChoice has again made an upward adjustment in the subscription rates of some DStv packages effect from Tuesday, September 1, 2020.
The adjustments came barely three months after the South African company increased its subscription rate for Nigerian customers.
Speaking on the increase in DStv subscription, the Managing Director of MultiChoice Nigeria, John Ugbe said the decision was made after careful consideration of the market and a review of its business operations.
“We have made efforts to contain any price adjustments on subscription prices. However, in order to ensure the sustainability of the business, we have to consider financial impacts, including inflation as well as increased content and operational costs.
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“As such, we have reviewed the prices of some of our bouquets so that we can continue to survive as a business and bring quality entertainment to our customers.
“To arrive at the decision to adjust prices, we took into account many factors, including the impact on the customer, current inflation, which stands at 12.82%, the highest in 27 months; content costs and efficiencies within the company. Please, be assured that we have worked hard to keep this year’s tariffs manageable…”, he said.
Ugbe explained that only the prices of some of the bouquets have been reviewed upwards while the lower bouquets have been left untouched.
The subscription hike goes thus:
DStv Compact – from N6,975 in June to N7,900 in September.
DStv Compact Plus package – from N10,925 in June to N12,000 in September.
DStv Premium package – from N16, 200 in June to N18, 400 in September.
The increase in DStv subscription is coming days after the House of Representatives summoned the company’s management to explain the last price hike in June.
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