Starlink, the internet venture from billionaire entrepreneur Elon Musk, has announced a substantial reduction in the price of its hardware in Nigeria.


The cost of the Starlink internet router has been cut by 45%, from N800,000 to N440,000, as confirmed by the company’s latest price update on Wednesday. However, the monthly subscription fee remains at N38,000.

This pricing adjustment follows a previous price hike in early March, where the hardware cost soared to N800,000 from N378,000, attributed to the naira’s declining value. Although Starlink has not explicitly stated the reasons for the recent price reduction, analysts speculate that the naira’s appreciation against the dollar might have influenced the decision.



The currency’s recovery is notable, with Nairametrics reporting a continuous appreciation, reaching a peak against the dollar since its devaluation in January 2024. The Nigerian currency’s strength, reflected in the fourth consecutive week of gains, has likely impacted Starlink’s pricing strategy.

Moreover, the trend of price cuts extends beyond Nigeria. Starlink reduced hardware costs in South Africa by 43% despite the region’s lack of official licensing. South African customers access Starlink services through global or regional roaming subscriptions.


Starlink’s market presence in Nigeria has grown significantly since its introduction in January 2023. Despite the premium pricing compared to local internet service providers (ISPs), the company has attracted a substantial customer base, with over 11,000 subscribers as of the third quarter of 2023. This customer interest is driven by Starlink’s promise of reliable internet access, particularly in regions with poor connectivity.

SOURCE:https://brandspurng.com/2024/04/12/elon-musks-starlink-now-sells-at-n440000/

The internet speed, based on my experience, is reliable expect during a rainfall. The connection is unstable during heavy downpour.

Them no dey telli person.

How many Nigerians would be able to fork out such an amount for "luxury".

Their best bet is this...lower the price per unit and cash out on turnover.

The amount is still high even for those who wish to use it for business . Nigerians are surviving by the grace of God walai....

Glo MTN Airtel to the rescue.

Fvck starlink.

Let's grow indigenous brands.

Naija is not for you Elon.

gaby:
Them no dey telli person.

How many Nigerians would be able to fork out such an amount for "luxury".

Their best bet is this...lower the price per unit and cash out on turnover.

I don't know why businesses don't do this. Even DSTV too, made premium package so expensive that only few could afford it, if its below 10k, the turnover will be huge.

The name Trendpursue is available for Sale on TikTok

Inspirer1:
I don't know why businesses don't do this. Even DSTV too, made premium package so expensive that only fee could afford it, if its below 10k, the turnover will be huge.

you are very correct that's why cowbell produced milk in lil park, there customer base rose.

Airtel speedplans all the way

Inspirer1:
I don't know why businesses don't do this. Even DSTV too, made premium package so expensive that only fee could afford it, if its below 10k, the turnover will be huge.

same with FG. If import duties for vehicles with less than 2.0 engine is pegged at 200k then vehicle licence slightly increased, more people will own vehicle, more money for Govt. And Govt will look good in the eyes of the masses

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1Alex:
same with FG. If import duties for vehicles with less than 2.0 engine is pegged at 200k then vehicle licence slightly increased, more people will own vehicle, more money for Govt. And Govt will look good in the eyes of the masses

More people owning vehicle is a disaster to any country out there.

From Emissions to huge traffic here and there + increased in Accidents and easy wear and tear on roads across the country.

Effective and organised public transportation is the answer to that of Vehicle.

You talking starlink yet posting glo router pix, oshe

My next door neighbor is a good man, he installed Starlink for us since last year ... Aircrack-ng

Still too expensive,,people still won't buy it...

Waiting for the price to drop to #14500 😁😊😁😁

immortalcrown:
The internet speed, based on my experience, is reliable expect during a rainfall. The connection is unstable during heavy downpour.

Have experienced starling unstable connection during rain fall?

If that's the case, it's no different from the old diah connection we use to call Vsat?

Nah person way get the money go buy

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descartes400:


Have experienced starling unstable connection during rain fall?

If that's the case, it's no different from the old diah connection we use to call Vsat?

You can't compare Starlink with any ISP in Nigeria, whether Wireless or Wired providers. Starlink's uptime is 99.9%. I have been using Starlink since February last year, and the stability is second to none.

Yes, there's intermittent disruption during rainfall, but it doesn't affect the totality of your connection.

Procashtips:


More people owning vehicle is a disaster to any country out there.

From Emissions to huge traffic here and there + increased in Accidents and easy wear and tear on roads across the country.

Effective and organised public transportation is the answer to that of Vehicle.

you are right. I never thought of this.

He go still drop as Dollars Don dey crash so.

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