As from August 1, millions of Nigerian subscribers to services of the Digital Satellite Television (DStv) operated by South Africa’s MultiChoice will be paying more.
MultiChoice Nigeria was yet to send an official statement on this development, but on its Twitter Handle, @DStvng, the company replied to a subscriber asking for the justification of the price raise.
The post stated, “The price adjustment is necessitated by escalating costs to the business. These include satellite costs, maintenance of network, channel costs and operational costs.’’
“The DStv cost structure has marketing costs and channel costs. We have however managed to restrict the price adjustment as much as possible.”
Investigations showed that the South African PayTV firm has about 11million subscribers in 50 African states, with Nigeria being home to about four million of them as at last year.