Subscription price hike: MultiChoice rejects N150m, free subscription fine, vows to appeal
MultiChoice Nigeria has rejected the Friday ruling of Justice Thomas Okosu-led three-man panel of the Competition and Consumer Protection Tribunal, saying it will appeal the verdict.
The Informant247 reports that the tribunal on Friday fined MultiChoice Nigeria the sum of N150 million for disobeying its order.
The order had restrained the pay-TV company from increasing its monthly subscription, pending the determination of the suit brought before it by an Abuja-based lawyer, Festus Onifade.
The tribunal also ordered the pay-TV company to provide its Nigerian customers with a one-month free subscription to its DStv and GOtv packages.
In a statement, MultiChoice disagreed with the ruling and would file an appeal against it.
The statement read in part: “MultiChoice Nigeria is aware of the recent ruling by the Competition and Consumer Protection Tribunal regarding its jurisdiction to entertain a price regulation matter.
“We disagree with the ruling and will therefore file an appeal against the said ruling.
“As the matter is currently sub-judice, we are restrained from making further comments.”
NAN
