Elon Musk’s internet service company, Starlink, has slashed the price of its hardware by 45% in Nigeria.
The Starlink internet router, which was being sold for N800,000 as of April 9, now costs N440,000, according to a new price update released by the company on Wednesday. However, the monthly subscription for the internet service remains unchanged at N38,000 per month.
Until about a month, the hardware had been selling for N378,000. An increment implemented in early March apparently due to the declining value of the naira saw the price jump to N800,000.
While the company did not state any reason for the price slash, the recent appreciation of the naira against the US dollar and other foreign currencies may have influenced Starlink’s decision.
Meanwhile, Nairametrics gathered that SpaceX’s internet company also slashed its hardware price in South Africa as well. Although Starlink is not licensed in South Africa, where Musk was born, South Africans are accessing its service locally using a global or regional roaming subscription.
Confirming that it indeed has a market in the country, Starlink in an advertisement on X earlier this week, said it had slashed its hardware price from ZAR 12,000 to ZAR 6,800, representing a 43% decrease.
