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Home Business & Finance

NCC Under Fire Over Starlink’s Price Hike

Nnaemeka OkwarabyNnaemeka Okwara
October 6, 2024
in Business & Finance
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NCC Under Fire Over Starlink’s Price Hike
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The Nigerian Communications Commission (NCC) is facing criticism from the telecom industry due to Elon Musk’s Starlink recently raising its internet subscription price by 97%, making the kits cost N590,000. These people say the NCC is being unfair. They point out that the NCC won’t let local telecom companies increase their prices, but it seems to allow Starlink to do so.

“Starlink only sends its satellite to Nigeria and got an ISP license from the NCC, but it hasn’t invested anything in the country,” said the CEO of a Nigerian ISP.

Section 108 of the Nigerian Communications Act 2003 gives the NCC the power to control telecom prices. But it’s not clear if the NCC approved Starlink’s price increase.

The NCC has stopped local operators from raising prices, saying they need to do a study on costs first. This decision has worried some people in the industry.

The issue with Starlink’s price increase is making people question whether the NCC is being fair and transparent in its regulations.

Tags: federal characterNCCNCC Under Fire Over Starlink's Price HikeNewsNigeriaPrice hikeStarlink
Nnaemeka Okwara

Nnaemeka Okwara

Okwara Nnaemeka Emmanuel is a skilled wordsmith, passionate blogger, and content writer with a degree in Media Content, He has made a significant mark in the industry. He also holds certification in Marketing and advertising. He has honed a unique blend of creativity and strategic thinking. Driven by a belief in the power of creativity, He has established a niche for himself in diverse regions, leaving a trail of successful projects and satisfied clients. His ability to craft compelling narratives and engage audiences sets him apart in the competitive world of content creation. As a dedicated professional, He continues to push boundaries and set new landmarks in their field. Whether it's through captivating blog posts, persuasive copywriting, or innovative content strategies, Nnaemeka’s consistently delivers excellence, leaving a long lasting impact

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