In a groundbreaking move, Elon Musk’s Starlink has unveiled a remarkable 45% reduction in hardware prices for its satellite internet service in Nigeria. The Starlink internet router, previously priced at N800,000, has now been slashed to an astonishing N440,000, as confirmed by the company’s recent price update.
While the monthly subscription fee remains steady at N38,000, this significant price drop marks a pivotal moment for internet accessibility in Nigeria. The decision comes amidst recent fluctuations in currency value, with the naira witnessing a surge against the US dollar and other foreign currencies.
In addition to the Nigerian market, SpaceX’s internet subsidiary has also implemented a hardware price reduction in South Africa, demonstrating its global reach and appeal. Despite not holding a license in South Africa, Starlink’s service is being accessed locally through global or regional roaming subscriptions, further solidifying its presence in the region.
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The surge in demand for Starlink’s services underscores the growing need for reliable internet connectivity in Nigeria. With a customer base of 11,207 as of Q3 2023, according to data from the Nigerian Communications Commission, Starlink has emerged as a leading ISP in the country.
Despite facing competition from local ISPs, Starlink’s satellite technology offers unparalleled coverage, particularly in areas with poor internet infrastructure. This latest price reduction is expected to accelerate Starlink’s adoption among Nigerians seeking to enhance their internet experience.
As Starlink continues to redefine internet accessibility, its commitment to affordability and innovation reaffirms its position as a trailblazer in the digital landscape.
Read Also: NCC licenses Elon Musk’s Starlink to provide internet service in Nigeria
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