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GOTV
African Pay-TV operator, Multichoice Group, has blamed Nigeria's harsh economic condition as active DStv subscribers in the country declined by 18%.
MultiChoice Nigeria has stated its plans to appeal the ruling from the Competition and Consumer Protection Tribunal in Abuja on Friday.
Pan-African Pay-tv operator, Multichoice, has notified its shareholders of grim full-year results citing tough macroeconomic conditions and a $190.5 million (R3.6 billion) foreign exchange loss from Multichoice Nigeria.
The verdict delivered by three of the panel led by Thomas Okosu on Friday also ordered Multichoice to give Nigerians a one-month free subscription on DSTV and GOTV.
FCCPC has declined to oppose the preliminary objection of Multichoice Nigeria, which challenged the jurisdiction of a court sitting in Abuja that recently restrained it from increasing the prices of its DStv and GOtv packages.
The Tribunal will hear the case against Multichoice 's price hike today.
Multichoice Nigeria, a popular Pay TV provider, has proceeded with the upward adjustment of its prices for DStv and GOtv subscribers, despite a recent court ruling prohibiting the company from raising rates.
The Tribunal has restrained Multi-choice from increasing DSTV, GOTV subscription fees.
These popular TV subscription services are powered by the parent company, Multichoice. Multichoice, a South African company, has etched its name into the households of several African countries, including Nigeria.
The Competition and Consumer Protection (CCP) tribunal in Abuja has dismissed a suit challenging the price increase by MultiChoice Nigeria Limited.
DStv has dismissed social media reports claiming its system has been hacked.
Let’s compare StarTimes and GOtv and find-out which offers better value-for-money.