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Nairaland Forum / Science/Technology / Phones / Elon Musk’s Starlink Now Sells At N440,000 (2203 Views)
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Elon Musk’s Starlink Now Sells At N440,000 by BrandSpurNG: 8:54am On Apr 12 |
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/ 1 Like
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Re: Elon Musk’s Starlink Now Sells At N440,000 by immortalcrown(m): 9:00am On Apr 12 |
The internet speed, based on my experience, is reliable expect during a rainfall. The connection is unstable during heavy downpour. 2 Likes |
Re: Elon Musk’s Starlink Now Sells At N440,000 by gaby(m): 9:08am On Apr 12 |
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. 5 Likes |
Re: Elon Musk’s Starlink Now Sells At N440,000 by KingLennon(m): 10:08am On Apr 12 |
The amount is still high even for those who wish to use it for business . Nigerians are surviving by the grace of God walai.... 3 Likes |
Re: Elon Musk’s Starlink Now Sells At N440,000 by UcheKingsley1: 10:39am On Apr 12 |
Glo MTN Airtel to the rescue. Fvck starlink. Let's grow indigenous brands. Naija is not for you Elon. 2 Likes |
Re: Elon Musk’s Starlink Now Sells At N440,000 by Inspirer1: 10:41am On Apr 12 |
gaby: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. 2 Likes |
Re: Elon Musk’s Starlink Now Sells At N440,000 by Corrosiveman(m): 10:42am On Apr 12 |
The name Trendpursue is available for Sale on TikTok |
Re: Elon Musk’s Starlink Now Sells At N440,000 by westlius(m): 10:55am On Apr 12 |
Inspirer1:you are very correct that's why cowbell produced milk in lil park, there customer base rose. 2 Likes |
Re: Elon Musk’s Starlink Now Sells At N440,000 by 2shure: 10:57am On Apr 12 |
Airtel speedplans all the way |
Re: Elon Musk’s Starlink Now Sells At N440,000 by 1Alex: 11:07am On Apr 12 |
Inspirer1: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 3 Likes |
Re: Elon Musk’s Starlink Now Sells At N440,000 by CACservices: 11:14am On Apr 12 |
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Re: Elon Musk’s Starlink Now Sells At N440,000 by Procashtips(m): 12:44pm On Apr 12 |
1Alex: 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. 11 Likes |
Re: Elon Musk’s Starlink Now Sells At N440,000 by crestedaguiyi: 1:25pm On Apr 12 |
You talking starlink yet posting glo router pix, oshe |
Re: Elon Musk’s Starlink Now Sells At N440,000 by TUANKU(m): 2:46pm On Apr 12 |
My next door neighbor is a good man, he installed Starlink for us since last year ... Aircrack-ng |
Re: Elon Musk’s Starlink Now Sells At N440,000 by samsegs(m): 3:01pm On Apr 12 |
Still too expensive,,people still won't buy it... |
Re: Elon Musk’s Starlink Now Sells At N440,000 by ttime(m): 3:25pm On Apr 12 |
Waiting for the price to drop to #14500 😁😊😁😁 |
Re: Elon Musk’s Starlink Now Sells At N440,000 by descartes400: 3:40pm On Apr 12 |
immortalcrown: 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? |
Re: Elon Musk’s Starlink Now Sells At N440,000 by Meto1234(m): 3:40pm On Apr 12 |
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Re: Elon Musk’s Starlink Now Sells At N440,000 by BadMaster: 4:26pm On Apr 12 |
descartes400: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. 6 Likes 2 Shares |
Re: Elon Musk’s Starlink Now Sells At N440,000 by 1Alex: 7:54am On Apr 13 |
Procashtips:you are right. I never thought of this. |
Re: Elon Musk’s Starlink Now Sells At N440,000 by xyrexzmanto: 7:45pm On Apr 14 |
He go still drop as Dollars Don dey crash so. |
Re: Elon Musk’s Starlink Now Sells At N440,000 by Agbaburna1291: 9:12pm On Apr 14 |
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Re: Elon Musk’s Starlink Now Sells At N440,000 by Agbaburna1291: 9:18pm On Apr 14 |
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