The News Agency of Nigeria (NAN) reports that the South African-owned pay-TV operator had, in its Interim Financial Results for the period ending September 30 released on Tuesday, announced the loss of 243,000 subscribers on its DStv and GOtv.
NAN also reports that MultiChoice had attributed the decline to Nigeria’s high inflation rate, which has exceeded 30%, resulting in rising costs of food, electricity and fuel, thus causing many customers to unsubscribe.