Business

Why we suspended subscription price hike — Starlink

Published by

Starlink, the satellite internet service owned by billionaire Elon Musk, has announced a temporary suspension of its recent price hike for Nigerian subscribers, attributing the decision to “regulatory challenges.”

Last month, Starlink raised its monthly subscription fee for the standard residential package from N38,000 to N75,000, a 97.37% increase, and hiked its hardware cost from N440,000 to N590,000.

However, following feedback from the Nigerian Communications Commission (NCC), which stated that the company did not obtain regulatory approval for the increase, the company opted to pause the price hike while working through compliance.

ALSO READ: JAPA: Canada to cut immigration by 20% in 2025

In a message to customers on Thursday, Starlink explained, “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.”

Starlink assured customers who had already paid the higher rate that they would receive a one-time credit to cover the difference. The company also emphasized that customers remain free to cancel their service at any time.

The company added that regulatory support is essential for maintaining high-speed internet service in Nigeria, cautioning that without necessary approvals, service continuity could be jeopardized.

As of now, Starlink’s website reflects a rollback to N38,000 for the residential plan and N50,000 for the mobile regional plan, though the hardware price remains unchanged at N590,000.

NIGERIAN TRIBUNE

Recent Posts

Nnamdi Kanu is a prisoner of conscience — IPOB

The continued persecution of our Leader is not only a gross violation of his fundamental…

10 minutes ago

Ondo: Don’t abandon your predecessor’s projects, PDP tells Aiyedatiwa

"Available facts showed that Governor Lucky Aiyedatiwa was not ready to go on with the…

16 minutes ago

NDLEA intercepts iIlicit drug consignment packaged as green tea at Lagos airport

The Loud consignment weighing 62.20kg was concealed inside wraps of green tea that came from…

29 minutes ago

Alaafin of Oyo charges women entrepreneurs on economic growth

"There is need for active participation of women in government at all levels to grow…

45 minutes ago

2027: Review appointment of alleged APC members as INEC officials, SERAP urges Tinubu

Appointing individuals perceived to be partisan as RECs sends the wrong signal to Nigerians and…

58 minutes ago

Niger Delta: Diri advocates collaborative governance model to curb ocean surge

This approach should look at collaborative and synergistic governance at the national, sub-national and international…

1 hour ago

Welcome

Install

This website uses cookies.