MultiChoice, the parent company of DSTV and GoTV, has described the Federal High Court, Abuja ruling restraining it from implementing its new subscription rates as an affront to free market economy.
The Pay TV operator, has appealed the court judgement against increased tariff and said the new prices will be maintained.
In a statement at the weekend, the company described the court order as an “affront to the free market economy “.
Recall that on August 23, Nnamdi Dimgba, justice of the court, had ruled that the South African company halt the increment of subscription rates to its cable television services till further notice.
The company had announced new rates for DSTV and GoTV effective from August 1, 2018.
The Consumer Protection Council (CPC) had filed a case against MultiChoice.
But a statement by the pay tv operator said that “On 23 August 2018, MultiChoice Nigeria received an interim court order dated 20 August from the federal high court regarding the price adjustment that we implemented on 1 August 2018,” the statement read.
“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.”
The Pay TV company said it will always operate within the ambit of the law and will cooperate with the authorities to ensure the best outcome for its customers, as it remains committed to providing the best quality of entertainment and premium content at the best possible prices.
