Starlink Doubles Subscription Prices in Nigeria Amid Inflation Surge

BREAKING NEWSOctober 3, 2024 at 5:26 PM UTC

TLDR

Starlink, SpaceX's satellite internet service, raises subscription prices in Nigeria due to inflation.
Standard residential plan costs now ₦75,000 ($48), up from ₦38,000 ($24).
Existing customers transition to new rates on October 31; new subscribers immediately under revised pricing.

Starlink, SpaceX's satellite internet service, has increased its subscription prices in Nigeria due to rising inflation.

The standard residential plan, with a 1 TeraBytes fair usage policy, will now cost ₦75,000 ($48), up from ₦38,000 ($24). Customers using Starlink for local roaming will face an even steeper price hike, with monthly costs jumping from ₦49,000 to ₦167,000. International roaming is now priced at ₦717,000 per month.

Existing customers will start paying the new rates on October 31, while new subscribers are immediately subject to the revised pricing. However, the cost of the Starlink kit remains unchanged at ₦440,000.

Key Takeaways

Starlink’s price increases in Nigeria highlight the challenges of maintaining affordability amid economic pressures. Unlike in Kenya, where customers can rent Starlink kits or opt for cheaper plans, Nigerian users face limited options. In Kenya, Starlink offers a more affordable 50GB plan and a Starlink Mini kit. These incentives likely aim to compete with local internet providers like Safaricom and Jamii Telecommunications. In contrast, Nigerian customers have fewer choices, making Starlink's price hikes more burdensome.

Nigeria

Starlink

Internet

Satellite Internet

SpaceX

Elon Musk

Inflation