Elon Musk has announced a price reduction for Starlink hardware in Nigeria, making the service more affordable for consumers in the country.
The new price is now 21% lower than the previous rate of N378,000 in a bid to attract more customers.
Reports shows that Starlink in Nigeria has just over 6,000 Nigerian customers as of June 2023.
Internet company led by Elon Musk, Starlink, has slashed the cost of its hardware for Nigerians to N299,500.
This represents a 21% reduction compared to the previous rate of N378,000.
The price reduction is designed to make Starlink more competitive in the Nigerian ISP market.
Whereas, the monthly subscription fee of N38,000 remains unchanged.
He has also promised to provide a partial refund to Nigerian customers who recently purchased their hardware within the last 30 days.
The company said this discount offer will be available until November 15th, 2023, BusinessInsider reports.
Starlinks in Nigeria
Starlink arrived in Nigeria in January 2023, generating strong interest among Nigerians, especially tech enthusiasts looking for an alternative.
In Nigeria, Starlink’s initial customers paid $600 for the hardware and $43 per month for the service.
Following its official announcement, it transitioned to pricing in Naira, but prices were pegged at the current exchange rate.
As Naira continued to depreciate, the prices of both hardware and subscriptions increased to N378,000 and N38,000, respectively.
In June, the Guardian reported that Prof. Umar Danbatta, Executive Vice Chairman of NCC, revealed plans to talk with Starlink to reduce prices.
The latest change will significantly relieve Nigerians looking to buy the Starlink device.
According to the Nigerian Communications Commission (NCC), as of June 2023, Starlink has a customer base of 6,756.
This customer base is higher than some local ISPs in Nigeria despite having been in operation for several years.