On 23 August 2018, Multichoice received an interim court order dated 20 August from the Federal High Court regarding the price adjustments that we implemented on 1 August.
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 process.
In the light of the appeal for a stay of execution, the status quo therefore prevails.
Multichoice Nigeria will always operate within the ambit of the law and will continue with the authorities to ensure the best outcome for our customers. We remain committed to providing the best quality of entertainment and premium content at the best possible prices.