Starlink reverses price hike in Nigeria three weeks after NCC directive
- Starlink reversed its decision to double subscription prices in Nigeria.
- Standard residential plan raised to ₦75,000 from ₦38,000.
- Local roaming costs increased to ₦167,000 from ₦49,000.
The reversal of Starlink's price increase highlights the challenges foreign companies face when navigating local regulations. It raises questions about the balance between business operations and regulatory compliance, especially in markets with strict pricing controls. Future strategies should consider local regulatory environments to avoid similar issues.
