Glamtush reports that broadcasting company Multichoice has jacked up the prices of its offerings in Nigeria four months after its last increment.
The company reviewed prices in its packages across the board.
The new prices take effect from May 1, 2024 just four months after its last price upward review.
Multichoice, in a statement on Wednesday to its subscribers, blamed the latest increase on “rise in the cost of business operations.”
The statement, titled, ‘Price Adjustment on DStv and GOtv Packages,’ read in part: “On Wednesday, 1 May 2024 we will adjust our prices across all our packages on DStv and GOtv.
“We understand the impact this change may have on you our valued customer, but the rise in the cost of business operations, has led us to make this difficult decision.
“It remains our mission to provide the best entertainment and viewing experience to you and are committed to continue to deliver high-quality content and unparalleled service.”
With the latest price hike, the DStv Premium package increased from N29,500 to N37,000. Similarly, the DStv Compact+ went up from 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.
Meanwhile, the Gotv Supa+ package moved from N12,500 to N15,700, Supa package from N7,600 to N9,600, and Max package from N5,700 to N7,200.
While the Jolli package was jacked up from N3,950 to N4,850, the Jinja package moved from N2,700 to N3,300, and Smallie package from N1,300 to N1,575.
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.
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