Elon Musk’s Starlink cuts hardware price in Nigeria by 45 percent as naira strengthens
The recent crash in hardware prices to N440,000 is linked to the recent strengthening of the Nigerian naira against the U.S. dollar.
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The recent crash in hardware prices to N440,000 is linked to the recent strengthening of the Nigerian naira against the U.S. dollar.
While Starlink has not officially addressed the reasons behind the price increment, the timing of the move coincides with Nigeria’s recent currency devaluation.
Under Mupita’s leadership, MTN Group has soared to new heights.
Starlink officially launched in Africa in 2022, with Musk claiming that the satellite Internet service provider will operate anywhere on Earth where it is legally permitted.
The move comes as Musk, the world’s second-richest person, takes charge of technological advancement.
With a net worth of $400 million in 1993, Forbes listed Lewis as one of the 400 richest Americans.
Serunjogi announced that users in Nigeria have already spent over $100,000 on their SpaceX Starlink kits using Chipper Cash Visa Cards.
Musk’s Starlink provides global high-speed, low-latency broadband Internet.
Starlink is the satellite Internet service provided by SpaceX.
SpaceX is just one of many ventures owned by Musk.
Starlink is the satellite Internet service provided by SpaceX, Elon Musk’s space exploration company.
Starlink provides global high-speed, low-latency broadband Internet.
At just 36 percent, Africa’s Internet penetration compares poorly with the 62.5-percent global average.
SpaceX founder Elon Musk said he is excited about the opportunity.
Musk remains the world’s richest man, with a $261-billion net worth.
He made the clarification in a recent tweet.