Starlink, an Internet service firm, owned by billionaire investor, Elon Musk, has announced an increase of its monthly subscription prices in Nigeria.
According to a notice to its Nigerian customers, Starlink said that under the new pricing structure the Standard (Residential) will now be N75,000, reflecting a 97 per cent increase against the old price of N38,000 for a month.
Join our WhatsApp ChannelSubscription prices for other categories include N167,000 for Mobile–Regional (Roam Unlimited), N717,000 for Mobile- Global (Global Roam).
This will take effect from 27th January 2025, for existing subscribers while for new customers, the new prices take immediate effect.
“To continue enhancing the Starlink network and provide reliable, high-quality service across Nigeria, we are adjusting our monthly subscription prices,” Starlink stated in a message to customers. “These changes are part of our ongoing commitment to investing in the infrastructure needed to improve your experience with Starlink.”
Prime Business Africa recalls that this is the second time Starlink is giving notice of increase in its subscription prices in Nigeria. The Internet service providing firm had announced increase of subscription price which was planned to begin in October. It blamed the decision for the hike on high exchange rate.
However, the Nigeria Communication Commission (NCC) opposed it, saying the company did not get its approval for the subscription price increase. This forced Starlink to revert to status quo.
This latest planned hike by Starlink comes as telecommunication operators in the country plan to increase tariff. There are indications that NCC is set to approve an increase in tariff in the first quarter of 2025.
Victor Ezeja is a passionate journalist with six years of experience writing on economy, politics and energy. He holds a Masters degree in Mass Communication.