Pay TV company, MultiChoice, has spoken for the first time following a Federal High Court ruling that ordered the Pay TV company not to increase its monthly subscription.
MultiChoice had on August 1 increased subscription fees on its DStv packages.
Following the increase, an order was issued in respect of Suit No FHC/ABJ/CS/894/18 brought before the court by the Consumer Protection Council (CPC) in the light of the strong public interest raised in the application.
In a statement released, MultiChoice described the court ruling as an affront to free market economy.
The statement reads, “On August 2018 23, MultiChoice Nigeria received an interim court order dated August 20 from the Federal High Court regarding the price adjustment that we implemented on August 1 2018.
“We believe that the order is an affront to the free market economy and we have now filed a Notice of Appeal and an application for stay of execution, pending the hearing of the Appeal. The CPC has been accordingly served with the requisite processes.
“In light of the application for a stay of execution, the status quo therefore prevails.
“MultiChoice Nigeria will always operate within the ambit of the law and will continue with the authorities to ensure the best outcome for our customers. We remain committed to providing the best quality of entertainment and premium content at the best possible prices.”
