Just a few weeks after the introduction of a new subscription package called Prestige, the company has decided to hike the price of DStv and GOtv subscriptions.
MultiChoice has announced an upward review of prices on its DStv and GOtv packages.
According to a text message to customers, the new rates will begin on May 1, 2023.
The pay-tv firm said the price adjustment was due to the rising costs of business operations.
“Please note that from May 1, your monthly subscription (premium) will be N24,500. To retain your old price of N21,000 for up to 12 months ensure you are active by April 30,” the text message reads.
What this means is that the price of the Compact+ bouquet would move to N16,600 from N14,250 monthly.
Subscribers on the Compact bouquet will now pay N10,500 as against N9,000; while those on the Confam package are set to pay N6,200 compared to the previous N5,300.
Under the new price regime, viewers of DStv Yanga and Padi bouquets will pay N3,500 and N2,500 respectively, as against N2,950 and N2,150.
Meanwhile, subscribers on the GOtv Supa package will now pay N6,400 as against N5,500; with those on GOtv Max expected to pay N4,850 as against N4,150.
GOtv’s New PRICE Structure
More so, the GOtv Jolli package price will increase to N3,300 from N2,800; while that of the GOtv Jinja and GOtv Lite will rise from N1,900 to N2,250; and from N900 to N1,100, respectively.
But despite the rate increases, MultiChoice Nigeria also made a price lock offer to subscribers who may renew their subscriptions before their due dates.
The offer, which is meant to cushion the effect of the price review, allows customers to 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.
NIGERIA RATES VS PRICES IN SOUTH AFRICA, KENYA
A country-by-country price analysis shows that Nigerian DStv premium subscribers will pay the equivalent of $33.11, using the unofficial rate of N740 to a dollar.
Customers in South Africa will pay 879 Rands — $48.48 — at 18.1 Rands to the dollar.
While the tariff of N16,600 ($22.43) will be paid by Nigerian Compact+ subscribers, those in South Africa will pay 579 Rands ($31.94). Also, Compact bouquet customers in Nigeria will pay the equivalent of $14.19 (N10,500).
Kenyan subscribers on the three bouquets will pay KES 9,500 ($70.06), KES 5,900 ($43.51), and KES 3,300 ($24.34) respectively.
Out of the three countries examined, the prices for the three subscription packages analyzed are lower in Nigeria compared to South Africa and Kenya.
What do you think?