Metrodigital Limited, parent company of Silver Lake Television (SLTV), has affirmed its commitment to fostering competition and providing affordable alternatives for consumers......See Full Story>>.....See Full Story>>
SLTV Breaks Pay TV Monopoly, Offers Affordable Alternatives to Nigerians
This is in a bid to the monopoly of the dominant operator in Nigeria’s pay television market.
Dr Ifeanyi Nwafor, managing director of Metrodigital Limited, made the commitment when he was honored with ‘Salute to Courage Award’(SACA) at the SLTV post launch reception organised by Camroll Quest Limited in collaboration with friends and associates of the SLTV boss during the weekend in Abuja.
The award was for his resilience and patriotic stance in ensuring that Nigerians enjoy good but affordable pay TV service.
During the post-SLTV launch reception and awards ceremony, Nwafor emphasised the importance of ending the monopoly to drive down prices and improve service quality.
He highlighted the positive reception from Nigerians, who now have access to alternative platforms offering comparable channels at more affordable rates.
“I’m expecting that other companies would also come in and when there’s serious competition, you better work on services provided to your customers. Nigerians are very happy that the monopoly has been broken, you can get to other platforms and get some channels you get in DStv and GOtv at a cheaper rate.
“SLTV is a platform for innovation. We want Nigeria to be a leader in this industry, and not only in Nigeria but across the globe. Just like Nigerian music making waves all over the world, we are very sure that this industry has higher potential. We need many companies to spring up and be able to succeed not only in Nigeria but also in other countries,” he said.
Nwafor expressed SLTV’s ambition to drive innovation and position Nigeria as a global leader in the industry. Drawing parallels with the success of Nigerian music on the international stage.
He underscored the untapped potential of the television industry and called for the emergence of more indigenous companies to thrive not only in Nigeria but also in other countries.
Addressing concerns about subscription price hikes, Nwafor reassured subscribers of Metrodigital Limited’s commitment to affordability, stating that they are mindful of Nigeria’s economic challenges and have no plans for price increases in the foreseeable future.
Nickky Onyeri, chief operating officer of Camrol Guest Limited, commended Metrodigital Limited for its contributions to Nigeria’s economic growth and credited the supportive environment provided by the government, particularly acknowledging the efforts of Bola Tinubu in renewing hope for the nation.
“This is coming within one year of his government, if he is not providing that environment, I’m sure this could not have been possible.
Onyeri said, “We must commend Tinubu for all the support to all Nigerians who are committed to renewing the hope of Nigeria.”
Abubakar Jijiwa, chairman of the occasion, urged SLTV to prioritise quality control and remain competitive in the global market. He emphasised the importance of continuous innovation to stay ahead of competitors and maintain consumer satisfaction.