MultiChoice Nigeria, broke its silence after the decision of the Federal High Court, which prevents Pay TV's operator from fulfilling its recent increase in the DStv subscription fee.
The order was published on Monday, August 21, in connection with Costume No. FHC / ABJ / CS / 894/18, submitted to the court Consumer Protection Board (CCP).
In a recent statement, Multichoice described the decision of the court as an insult to a free market economy.
The company said that on Thursday it received a temporary court order dated August 20 from the Federal High Court regarding price adjustment, which was implemented on August 1, 2018.
"We believe that this order is an insult to a free market economy, and we have now filed a Notice of Appeal and a statement on suspension of execution pending the hearing of the Appeal.
"Accordingly, the PDA is serviced with the necessary processes. Therefore, in the light of the statement on the suspension of the status quo,, the statement said.
Increase of DSTV subscription fee
According to reports sent by the company to subscribers on July 9, subscribers GOTV Max package should pay 3,200 naira instead of the previous N3,800, whereas GOTV Plus, the value of GOTV and GOTV Lite subscribers will pay 1900 Naira, 1,250 Naira and 400 Naira respectively.
However, the cost of the DSTV Premium package has been increased from N14,700 to N15,800; Compact Plus from N9,900 to N 10650; compact from N6,300 to N6,800; a family from N3,800 to N4,000, and access from N1,900 to N2,000.
but Paid broadcaster said that he will always act within the law and will work with the authorities to ensure the best result for his clients, as he continues to strive to provide the best quality entertainment and premium content at the best prices.