Starlink, SpaceX’s satellite internet service, has temporarily halted accepting new orders for its residential internet kits in Nigeria. The decision comes as the company seeks regulatory approval to increase its subscription fees in response to soaring inflation rates.
Currently, Starlink is still accepting orders for its business plan, which comes at a higher cost of $95 per month compared to the residential plan’s previous rate of $22.80.
In a recent announcement, Starlink, has restated its commitment to providing high-speed internet to Nigeria and its ongoing efforts to work with local regulators to improve customer experience. However, until the necessary price adjustments are approved, the company has been forced to put a hold on new residential subscriptions
Earlier this year, Starlink implemented a significant price hike for its residential plan, raising the monthly fee from $22.80 to $44.97. Additionally, the cost of the Starlink kit increased by 34%, from $264 to $353. The company attributed these price increases to “excessive inflation,” which has sparked criticism from the Nigerian telecommunications industry.
In response to the backlash, Starlink temporarily postponed the price hikes. However, the company warned that without regulatory approval, its ability to continue operations in Nigeria could be jeopardized.
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